TTM Technologies Inc.’s stock surged 7.51% as market confidence soared following strong quarterly earnings and optimistic future projections.
Key Takeaways
- Several notable analysts have increased their price targets for TTM Technologies, signaling confidence in its growth trajectory. B. Riley boosted its target to $123 from $81, driven by optimism in CEO-led guidance and the potential doubling of earnings by 2027.
- Needham’s James Ricchiuti followed suit, raising the price target to $125, citing a strong quarterly performance and favorable financial ratios.
- Fourth-quarter results exceeded expectations with an EPS of 70 cents, beating the consensus of 68 cents. Revenue reached $774.3M, marking a growth of 19%, boosted by sectors like Data Center Computing and Aerospace.
- TTM Technologies and Raytheon entered a significant $200M agreement to supply components, reflecting expanding defense sector involvement.
- Joining the S&P MidCap 400, TTM Technologies secures a position among other industry players, potentially enhancing market liquidity and visibility.
Live Update At 16:02:20 EST: On Friday, February 20, 2026 TTM Technologies Inc. stock [NASDAQ: TTMI] is trending up by 7.51%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.
Quick Financial Overview
Analyzing the recent financial data for TTM Technologies, we see an exciting picture of upward momentum. The company reported a notable rise in its latest quarter. Revenue grew to an impressive $774.3M from $651M year-over-year. This represents a 19% increase, mainly driven by robust demand in networking and defense sectors. The non-GAAP earnings per share also moved up to 70 cents from 49 cents, outpacing analysts’ expectations.
The company projected its Q1 earnings to fall between 64 to 70 cents per share, with revenue forecasts extending from $770M to $810M. These numbers surpass the market’s consensus and underscore consistent growth prospects.
Their key ratios paint a sustainable picture with a healthy EBIT margin of 8.8% and EBITDA margin reaching 13.9%. TTM’s commitment to innovation in sectors like generative AI has certainly bolstered their market standings.
The balance sheet reveals strengths, especially in liquidity, as evidenced by a current ratio of 1.9. The firm has cleverly managed its debt, maintaining a total debt-to-equity ratio at a refined 0.57. With cash and equivalents exceeding $501M, TTM is poised for amplifying its operational capacities, reflecting potent financial health.
More Breaking News
- Klarna Market Turbulence: Shares Plunge Amidst Significant Losses
- Herc Holdings Stock Slips Amid Strategic Moves and Analyst Adjustments
- Blue Owl Capital Faces Lawsuits Amid Market Scrutiny
- Vicor Stock Strengthens as Roth Capital Raises Price Target
On the market front, TTM’s stock has shown vibrant dynamics. On Feb 20, 2026, it closed at $107.93, marking a visible uptick from the previous week’s close. The stock price action resonates with investor confidence. Engaging stories such as B. Riley’s upgraded price target and strategic partnerships solidify investor trust, mirroring in trading volumes and price oscillations.
Competitive Pressures Mount and Opportunities Expand
TTM Technologies’ partnership with Raytheon, valued at $200M, places the firm in a pivotal position within the defense industry. By supplying components for Raytheon’s systems, TTM is tapping into government contracts, a lucrative market that augments their revenue streams substantially.
The strategic placement in the S&P MidCap 400 opens new doors. It signifies TTM’s elevated standing, potentially luring institutional investors eyeing midcap growth stocks. Joining this index could ramp up liquidity and elevate its market profile.
Moreover, the company’s strong quarterly results reflect operations excellence. Their expansion into data centers, riding the wave of AI demand, suggests adept adaptation to market needs. The impressive revenue gains serve as a harbinger for sustained growth, driven by strategic sector initiatives.
Stock reactions to insider selling from executives showed measured declines. This temporary dip aligns with typical market responses to insider movements but has not overshadowed the broader positive sentiment.
Conclusion
TTM Technologies is on a promising ascendancy, fortified by strategic alliances and financial fortitude. Analyst upgrades and expanded market participation paint a flourishing picture. The recent price target hikes, coupled with solid quarterly achievements, position TTM as a high-potential stock for watchers. As Tim Bohen, lead trainer with StocksToTrade says, “I focus on what a stock is doing, not what I want it to do. Let the stock prove itself before you make a move.” This perspective emphasizes the importance of letting TTM Technologies’ market performance guide trading decisions.
As TTM solidifies its place in pivotal sectors, traders’ attention remains fixated on its evolving narrative. With prudent financial metrics and forward-looking strategies, TTM Technologies seems poised for further accrual of value in the coming quarters. The diligent management of resources, coupled with lean operations, underlines an optimistic outlook for stakeholders. Such commercial agility highlights possible market leadership, bolstering TTM Technologies’ stature in competitive fields.
This is stock news, not investment advice. StocksToTrade News delivers real-time stock market updates tailored to highlight the key catalysts driving short-term price movements. Our coverage is designed for active traders and investors who thrive in fast-moving markets, with a focus on volatile sectors like penny stocks, AI stocks, Robinhood stocks and other momentum plays. From earnings reports and FDA approvals to mergers, new contracts, and unusual trading volume, we break down the events that can spark significant price action.
Looking to level up your trading game? Explore StocksToTrade, the ultimate platform for traders. With powerful tools designed for swing and day trading, integrated news scanning, and even social media monitoring, StocksToTrade keeps you one step ahead.
Check out our quick startup guide for new traders!
- How to Read Stock Charts: A Guide for Beginners
- Trading Plan: 6 Steps to Create One
- How To Create a Stock Watchlist
Ready to build your watchlists? Check out these curated lists:
Once your watchlist is set, take the next step and trade with confidence using StocksToTrade’s robust platform. Don’t miss out — grab your 14-day trial for just $7 and experience the edge you need to thrive in today’s fast-paced markets.