Ttm Technologies stock reaches all-time high of 48.69 USD

Published 29/07/2025, 14:38
Ttm Technologies stock reaches all-time high of 48.69 USD

TTM Technologies (NASDAQ:TTMI) Inc (market cap: $4.67 billion) has reached an all-time high, with its stock price hitting 48.69 USD. This milestone reflects a significant upward trajectory for the company, as the stock has experienced a remarkable 121.55% increase over the past year. Trading at a P/E ratio of approximately 60x, InvestingPro analysis suggests the stock is currently trading above its Fair Value. TTM Technologies, known for its advanced technology solutions, has seen robust growth, with revenue increasing 11.65% over the last twelve months, driven by strong market demand and strategic business developments. The impressive one-year change underscores investor confidence and the company’s ability to innovate and expand in a competitive industry. InvestingPro subscribers have access to 14 additional investment tips and comprehensive analysis for TTMI, including detailed insights into the company’s financial health and growth prospects.

In other recent news, TTM Technologies has announced the acquisition of a 750,000-square-foot manufacturing facility in Eau Claire, Wisconsin, and secured land for a future site in Penang, Malaysia. This move is expected to enhance the company’s domestic manufacturing capabilities. Additionally, several analyst firms have raised their price targets for TTM Technologies. Needham increased its target from $35 to $43, maintaining a Buy rating, citing favorable earnings reports in the AI supply chain as a significant factor. Stifel also raised its target from $33 to $40, highlighting anticipated growth in the Aerospace & Defense and Data Center markets. Truist Securities adjusted its target from $36 to $41, reflecting confidence in TTM’s growth prospects, particularly in Penang and Syracuse, as well as its involvement in AI technologies. These developments indicate a positive outlook from analysts regarding TTM Technologies’ future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.