Truist raises target for TTM Technologies stock to USD 231

Published on 10/15/2026 at 13:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales reached USD 1.0 billion, above guidance of USD 930-970 million. TTM Technologies stock costs EUR 89.41 on October 15, 2026.

Analyst target and quarterly evidence

Truist set a USD 231 target on October 13, 2026, up from USD 224.
Second-quarter 2026 sales reached USD 1.0 billion and GAAP earnings per share were USD 0.77.
TTM Technologies stock traded at EUR 89.41 at 1:42 p.m. CEST at Lang & Schwarz on October 15, 2026.

TTMI, US87305R1095, Illustration mit AI erstellt.

TTM Technologies (ISIN US87305R1095) saw Truist raise its target from USD 224 to USD 231 on October 13, 2026, according to Markets Insider. The analyst kept a Buy rating while incorporating the Epiq acquisition, additional USD 1.2 billion of debt and faster projected growth in defense and data center markets.

For investors, the target increase arrives before the company reports its third-quarter figures. TTM Technologies reported USD 1.0 billion in second-quarter 2026 sales, GAAP earnings per share of USD 0.77 and USD 96.4 million in operating cash flow, according to the company's investor-relations materials at TTM Technologies. Sales exceeded the guided range of USD 930 million to USD 970 million.

Three recent catalysts carry figures

The recent sequence shows why valuation and execution are moving together. On September 10, 2026, TTM Technologies priced USD 500 million of senior notes, as reported by StockTitan. On October 12, 2026, the company announced USD 400 million in planned investments to expand AI infrastructure capacity in China and Malaysia. On October 13, 2026, Truist lifted its target to USD 231 from USD 224.

What comes next for earnings

TTM Technologies plans to release third-quarter 2026 results before the market opens on October 22, 2026, followed by a conference call at 8:30 a.m. Eastern Time, according to StockTitan. The next report will test whether the second-quarter sales pace and the 1.49 book-to-bill ratio can support the expansion plans.

What does the target imply?

The USD 231 target reflects a stronger growth case, but the same analyst note identifies higher debt and the Epiq acquisition as key model inputs. TTM Technologies therefore enters the reporting date with two measurable tests: sustaining quarterly sales above USD 1.0 billion and converting capacity spending into cash generation.

Price stays tied to the next catalyst

TTM Technologies stock was trading at EUR 89.41 at Lang & Schwarz on October 15, 2026 at 1:42 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of TTM Technologies stock.