TTM Technologies, Inc. (TTMI)
NASDAQ: TTMI · IEX Real-Time Price · USD
14.05
-0.02 (-0.14%)
Apr 19, 2024, 4:00 PM EDT - Market closed
TTM Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TTM Technologies stock have an average target of 17.75, with a low estimate of 16.5 and a high estimate of 19. The average target predicts an increase of 26.33% from the current stock price of 14.05.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 31, 2024.
Analyst Ratings
The average analyst rating for TTMI stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +35.23% | Jan 31, 2024 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $16 → $17 | Hold → Strong Buy | Upgrades | $16 → $17 | +17.44% | Nov 2, 2023 |
| Needham | Needham | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +35.23% | Nov 2, 2023 |
| Needham | Needham | Strong Buy Reiterates $15 → $17 | Strong Buy | Reiterates | $15 → $17 | +21.00% | Aug 3, 2023 |
| Truist Securities | Truist Securities | Hold Maintains $12 → $16 | Hold | Maintains | $12 → $16 | +13.88% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
2.38B
from 2.23B
Increased by 6.65%
Revenue Next Year
2.52B
from 2.38B
Increased by 5.67%
EPS This Year
1.49
from -0.18
EPS Next Year
1.76
from 1.49
Increased by 18.24%
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 | 11.8% | 11.6% |
| Avg | 6.6% | 5.7% |
| Low | 0.9% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.73 | 2.04 |
| Avg | 1.49 | 1.76 |
| Low | 1.27 | 1.59 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 37.6% |
| Avg | - | 18.2% |
| Low | - | 6.8% |
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.