TTM Technologies, Inc. (TTMI)

TTM Technologies Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TTM Technologies stock have an average target of 25.31, with a low estimate of 24 and a high estimate of 27.25. The average target predicts an increase of 5.46% from the current stock price of 24.00.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$24	$25.31	$26	$27.25
Change	0.00%	+5.46%	+8.33%	+13.54%

Analyst Ratings

The average analyst rating for TTMI stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	4	4	4	4	4
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Ricchiuti Needham	Needham	Strong Buy Maintains $24 → $26	Strong Buy	Maintains	$24 → $26	+8.33%	Oct 31, 2024
James Ricchiuti Needham	Needham	Strong Buy Maintains $21 → $22	Strong Buy	Maintains	$21 → $22	-8.33%	Aug 1, 2024
Mike Crawford B. Riley Securities	B. Riley Securities	Strong Buy Maintains $26 → $27	Strong Buy	Maintains	$26 → $27	+13.54%	Aug 1, 2024
Matthew Sheerin Stifel	Stifel	Strong Buy Maintains $19 → $24	Strong Buy	Maintains	$19 → $24	n/a	Aug 1, 2024
William Stein Truist Securities	Truist Securities	Strong Buy Reiterates $22 → $24	Strong Buy	Reiterates	$22 → $24	n/a	Aug 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.47B

Increased by 10.68%

from 2.23B

Revenue Next Year

2.61B

Increased by 5.46%

from 2.47B

EPS This Year

1.62

from -0.18

EPS Next Year

2.01

Increased by 24.15%

from 1.62

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 30, 2019	Dec 28, 2020	Jan 3, 2022	Jan 2, 2023	Jan 1, 2024	Jan 1, 2024	Jan 1, 2025
Revenue	2.13B	2.11B	2.25B	2.50B	2.23B	2.47B	2.61B
Revenue Growth	-4.67%	-1.31%	6.81%	10.95%	-10.52%	10.68%	5.46%
EPS	0.39	1.67	0.50	0.91	-0.18	1.62	2.01
EPS Growth	-71.95%	329.94%	-70.04%	82.00%	-	-	24.15%
Forward PE	-	-	-	-	-	14.81	11.93
No. Analysts	-	-	-	-	-	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	2.5B	2.8B
Avg	2.5B	2.6B
Low	2.4B	2.5B

Revenue Growth

Revenue Growth	2024	2025
High	14.1%	11.5%
Avg	10.7%	5.5%
Low	6.1%	-0.2%

EPS Forecast

EPS	2024	2025
High	1.67	2.14
Avg	1.62	2.01
Low	1.55	1.86

EPS Growth

EPS Growth	2024	2025
High	-	32.2%
Avg	-	24.2%
Low	-	14.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.