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TTM Technologies Inc. stock reached an all-time high of $58.75, marking a significant milestone for the $5.95 billion market cap company. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, with analyst price targets ranging from $55 to $65. Over the past year, the stock has experienced a remarkable increase of 212.6%, reflecting strong investor confidence and robust performance. With revenue growth of 14.24% and trading at a P/E ratio of 64.6, the company’s valuation metrics suggest it may be trading above its Fair Value. This surge in stock price underscores the company’s successful strategies and market position, as TTM Technologies continues to thrive in its sector. The achievement of this all-time high highlights the company’s growth trajectory and potential for future success. Discover 18 additional key insights about TTMI with an InvestingPro subscription, including detailed valuation analysis and growth prospects.
In other recent news, TTM Technologies reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $0.58, exceeding the forecasted $0.52, while revenue reached $730.6 million, surpassing the anticipated $668.48 million and marking a 21% increase from the previous year. Furthermore, TTM Technologies has appointed Edwin Roks as its new President and CEO, effective September 2, 2025, as Thomas T. Edman retires and transitions to an advisory role. In analyst updates, Needham raised its price target for TTM Technologies from $56 to $65, maintaining a Buy rating due to optimism about the company’s growth prospects in AI data center infrastructure and defense markets. Similarly, Truist Securities reiterated its Buy rating with a $60 price target, highlighting significant growth opportunities driven by artificial intelligence. These developments indicate a period of strategic transitions and potential growth for TTM Technologies.
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