Update shared on01 Aug 2025
Fair value Increased 30%The sharp increase in TTM Technologies’ consensus price target to $56.75 is primarily driven by higher expected revenue growth and an expansion in the forward P/E multiple.
What's in the News
- CEO Thomas T. Edman will retire following the appointment of a successor; he will remain as Director and member of the Government Security Committee after stepping down.
- TTM provided Q3 2025 revenue guidance of $690 million to $730 million.
- TTM acquired a facility in Eau Claire, Wisconsin, and secured land rights in Penang, Malaysia, to expand its regional manufacturing footprint and supply chain flexibility, targeting high-growth markets like data center computing and generative AI.
- Announced launch of MSK5065RH, a radiation-hardened switching regulator module for space and defense markets, expanding its space-grade microelectronics portfolio.
- The Board authorized a new $100 million share repurchase program; the previous buyback was completed with 4.38% of shares repurchased for $76.79 million.
Valuation Changes
Summary of Valuation Changes for TTM Technologies
- The Consensus Analyst Price Target has significantly risen from $43.50 to $56.75.
- The Future P/E for TTM Technologies has significantly risen from 23.28x to 28.84x.
- The Consensus Revenue Growth forecasts for TTM Technologies has risen from 5.9% per annum to 6.4% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.