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NASDAQ · US · Electronic Components

TTMI TTM Technologies

Advanced PCBs for data centers and defence

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-11-12
$76.28
−3.07% today
1W
+22.6%
1M
−26.2%
3M
−45.5%
YTD
+10.6%
1Y
+8.2%
Off 52w high
−65.6%
Next earnings (est.): 2026-10-22
Market cap$8.04B
P/E (trailing)30.5Forward 9.2
EV / sales2.4×EV/EBITDA 15.7×
Revenue (TTM)$3.83BGrowth 59.9% y/y
Margins22.2%gross · op 11.1%
Free cash flow$27.33MCash $887M · debt $1.79B
Analyst target$185.8+143.6% upside · 5 analysts · none
Riskβ 2.26Short 7.5% of float

Fundamentals from public market data, refreshed daily (2026-11-12 22:21 UTC). Figures in reporting currency.

TTMI · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-22EarningsBeat / raise

    Reported EPS 1.46 vs 1.26 expected (+16.1% surprise).

  2. 7
    2026-08-05EarningsBeat / raise

    Reported EPS 0.99 vs 0.9 expected (+10.3% surprise).

  3. 6
    2026-04-29EarningsBeat / raise

    Reported EPS 0.75 vs 0.67 expected (+12.4% surprise).

  4. 5
    2026-02-04EarningsBeat / raise

    Reported EPS 0.7 vs 0.68 expected (+2.6% surprise).

  5. 4
    2025-10-29EarningsBeat / raise

    Reported EPS 0.67 vs 0.6 expected (+11.2% surprise).

  6. 3
    2025-07-30EarningsBeat / raise

    Reported EPS 0.58 vs 0.52 expected (+11.0% surprise).

  7. 2
    2025-04-30EarningsBeat / raise

    Reported EPS 0.5 vs 0.4 expected (+26.6% surprise).

  8. 1
    2025-02-05EarningsBeat / raise

    Reported EPS 0.6 vs 0.47 expected (+26.8% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-221.261.46+16.1%
2026-08-050.90.99+10.3%
2026-04-290.670.75+12.4%
2026-02-040.680.7+2.6%
2025-10-290.60.67+11.2%
2025-07-300.520.58+11.0%
2025-04-300.40.5+26.6%
2025-02-050.470.6+26.8%
2024-10-300.410.41+0.6%
2024-07-310.340.39+14.7%
2024-05-010.270.31+13.8%
2024-02-070.360.41+13.1%
2023-11-010.280.43+56.4%
2023-08-020.20.32+60.0%
2023-05-030.190.18−4.0%
2023-02-080.380.41+7.2%
2022-11-020.440.56+28.7%
2022-08-030.330.54+64.5%
2022-05-040.230.24+2.9%
2022-02-090.310.34+9.7%
2021-10-270.340.34+1.0%
2021-07-280.30.36+21.4%
2021-04-280.230.23−0.6%
2021-02-030.250.37+46.3%

About TTM Technologies

Website ↗

TTM Technologies, Inc. manufactures and sells mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs) and substrates in the United States, Taiwan, and internationally. It operates in three segments, A&D, Commercial, and RF&S Components. The company offers various engineered systems and RF and microwave assemblies; PCBs and IC substrates, custom assemblies and integrated systems, passive and advanced ceramic RF components, hi-reliability multi-chip modules, and beamforming and switching networks; and design-for-manufacturability, PCB layout design, simulation and testing, quick turnaround (QTA) production, and specialized RF assembly and testing. It also provides multi-mode surveillance and weather avoidance radar systems for fixed- and rotary-wing aircraft, Unmanned Aerial Vehicles, and shipboard platforms; AN/APS-153 m…

18,200 employees · Santa Ana, United States

AI accelerator boards and switch trays need high-layer, low-loss PCBs and copper-clad laminate. Few makers qualify, and layer counts rise every generation.

Glass fabric + copper foil→Laminate (CCL)→PCB→Board

What would prove us wrong. Weakens if PCB makers add high-layer capacity faster than AI board volumes grow.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
2368.TW
Gold Circuit Electronics
High-layer PCBs for AI servers and switches NT$975.0−7.14%−16.7%+42.9%
2383.TW
Elite Material
Low-loss copper-clad laminate for AI boards NT$4,105.0−8.78%−26.0%+150.7%
6274.TWO
Taiwan Union Technology
High-speed copper-clad laminate NT$956.0−9.81%−42.2%+95.1%
4958.TW
Zhen Ding Technology
PCBs and substrates NT$430.0−6.72%−22.1%+204.9%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.