TTM Technologies, Inc. (TTMI)
NASDAQ: TTMI · IEX Real-Time Price · USD
21.10
-0.22 (-1.03%)
At close: Jul 19, 2024, 4:00 PM
21.14
+0.04 (0.19%)
Pre-market: Jul 22, 2024, 7:43 AM EDT
TTM Technologies Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TTM Technologies stock have an average target of 18.83, with a low estimate of 16.5 and a high estimate of 21. The average target predicts a decrease of -10.76% from the current stock price of 21.10.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 17, 2024.
Analyst Ratings
The average analyst rating for TTMI stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| 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 | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $19 → $21 | Strong Buy | Maintains | $19 → $21 | -0.47% | Jun 17, 2024 |
| Needham | Needham | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | -9.95% | May 2, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $15 → $19 | Hold → Strong Buy | Upgrades | $15 → $19 | -9.95% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | -9.95% | Jan 31, 2024 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $16 → $17 | Hold → Strong Buy | Upgrades | $16 → $17 | -21.80% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
2.41B
from 2.23B
Increased by 8.08%
Revenue Next Year
2.55B
from 2.41B
Increased by 5.64%
EPS This Year
1.52
from -0.18
EPS Next Year
1.79
from 1.52
Increased by 17.88%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.5B | 2.7B |
| Avg | 2.4B | 2.5B |
| Low | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.2% | 10.9% |
| Avg | 8.1% | 5.6% |
| Low | 2.2% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.71 | 2.01 |
| Avg | 1.52 | 1.79 |
| Low | 1.37 | 1.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 32.9% |
| Avg | - | 17.9% |
| Low | - | 9.2% |
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.