TTM Technologies (TTMI)

• Market cap: $1.94B
• 1 day: 3.24%
• 5 days: 3.35%
• 1 month: -18.40%
• 3 months: -25.96%
• 6 months: 2.91%
• Year to date: -22.25%
• 1 year: 30.98%
• 5 years: 82.70%
• 10 years: 105.26%
• Sector: Technology
• Industry: Electronic Components

About: TTM Technologies Inc manufactures technology solutions, including mission systems, radio frequency (RF) components/RF microwave/microelectronic assemblies, quick-turn and technologically printed circuit boards (PCB). The company is based in the United States and derives roughly half of its revenue domestically. It organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

Employees: 16,400

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 26

38% more capital invested

Capital invested by funds: $1.82B [Q3] → $2.52B (+$697M) [Q4]

6% more funds holding

Funds holding: 237 [Q3] → 251 (+14) [Q4]

1.61% more ownership

Funds ownership: 98.26% [Q3] → 99.87% (+1.61%) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 89

66% less call options, than puts

Call options by funds: $61K | Put options by funds: $181K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $33 73% upside
• Avg. target: $33 73% upside
• High target: $33 73% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Needham James Ricchiuti 12% 1-year accuracy 14 / 115 met price target	73% upside $33	Buy Reiterated	21 Mar 2025
Stifel Ruben Roy 15% 1-year accuracy 4 / 27 met price target	73% upside $33	Buy Reinstated	11 Feb 2025