
TTM Technologies (TTMI) Stock Forecast & Price Target
TTM Technologies (TTMI) Analyst Ratings
Bulls say
TTM Technologies Inc. has demonstrated robust growth across several key segments, with Data Center Computing sales rising 44% year-over-year, indicating strong demand driven partly by AI advancements. The company's Aerospace and Defense (A&D) segment also performed well, achieving a 20% year-over-year increase, surpassing initial guidance expectations. Additionally, the Medical, Industrial, and Instrumentation segment experienced a notable 22% increase, showcasing the diversity and resilience of TTM's revenue streams across multiple sectors.
Bears say
TTM Technologies Inc. is experiencing a significant decline in its automotive vertical, which represents 11% of its revenue, with sales down 9% year-over-year, contrasting with an expected 23% growth in its other segment for Q4. The company's financial leverage is a concern, as its net debt to EBITDA ratio stands at 1.0x, which is below its target range of 1.5x-2.0x, indicating potential financial strain. Additionally, the risk of a cyclical downturn in GDP growth could further exacerbate TTM's operating results, raising concerns about the company's ability to successfully integrate any acquisitions and achieve satisfactory returns.
This aggregate rating is based on analysts' research of TTM Technologies and is not a guaranteed prediction by Public.com or investment advice.
TTM Technologies (TTMI) Analyst Forecast & Price Prediction
Start investing in TTM Technologies (TTMI)
Order type
Buy in
Order amount
Est. shares
0 shares