NasdaqGS:TTMIElectronic
TTM Technologies (TTMI) Is Up 13.5% After Record Q1 And $1.6 Billion Defense Backlog - What's Changed
Earlier in May 2026, TTM Technologies reported record Q1 2026 results with all-time high net sales, a Data Center and Networking uplift, and Aerospace & Defense contributing about 40% of revenue supported by a US$1.60 billion backlog.
At the same time, analysts flagged that the shares trade at a very large premium to one intrinsic value estimate and highlighted recent insider selling, setting up a contrast between strong operating momentum and rich valuation signals.
We’ll now examine how...