TTM Technologies stock gets a USD 236 price target from Alembic
Published on 10/07/2026 at 05:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TTM Technologies (ISIN US87305R1095) was last at USD 132.71 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, while the electronics manufacturer faces a fresh analyst valuation marker. On October 5, 2026, Alembic Global Advisors initiated coverage with an Overweight rating and a USD 236.00 price target, according to Investing.com.
Analyst target sits above the stock
The Alembic target is 77.9 percent above the October 6 price, calculated from USD 236.00 and USD 132.71. The research firm linked its view to artificial intelligence demand, aerospace and defense exposure, and expected earnings growth through fiscal 2028, while also describing the data center and networking segment as a major expansion area.
A broader view remains positive but comes from limited coverage. MarketBeat reported a Buy consensus from six analysts on September 16, 2026, with an average 12-month target of USD 214.25. That target lies 61.4 percent above the October 6 price, leaving the valuation debate centered on execution and the financing burden of expansion.
Epiq adds scale and debt
TTM completed its Epiq Solutions acquisition on September 30, 2026, paying USD 1.1 billion in cash. The company funded the purchase with a USD 300 million incremental term loan A, a USD 800 million term loan B, and proceeds from senior notes, according to TTM Technologies.
The company said Epiq should be immediately accretive to adjusted EBITDA, moderately dilutive to non-GAAP diluted EPS in 2027, and accretive to non-GAAP diluted EPS in 2028. The deal therefore offers a clear strategic benefit, but its near-term earnings effect and additional borrowing remain important counterweights for shareholders.
Q2 figures show operating momentum
For the quarter ended June 29, 2026, TTM reported USD 1.0 billion in net sales, GAAP EPS of USD 0.77, non-GAAP EPS of USD 0.99, and USD 96.4 million in operating cash flow, according to the company investor-relations page. The same page lists a 1.49 book-to-bill ratio, a USD 1.7 billion aerospace and defense backlog, and Q3 net-sales guidance of USD 1.10 billion to USD 1.14 billion.
The Q2 revenue figure was 37.4 percent above the year-earlier level cited by MarketBeat, and adjusted EPS exceeded the USD 0.89 consensus by USD 0.10. The next reporting date is November 4, 2026, according to The Wall Street Journal.
TTMI stock remains below its yearly high
TTM Technologies was last at USD 132.71 on Nasdaq on October 6, 2026, down USD 0.43, or 0.32 percent, from the prior close. The session range was USD 131.99 to USD 136.41, volume was 1,434,672 shares, and the 52-week range was USD 53.36 to USD 223.83.
TTM Technologies stock facts
- Company: TTM Technologies, Inc.
- ISIN: US87305R1095
- Ticker: TTMI
- Trading venue: Nasdaq Global Select Market
- Price (as of October 6, 2026, 4:00 p.m. ET): USD 132.71
- Market capitalization: USD 13.8 billion (as of October 6, 2026)
- 52-week range: USD 53.36-223.83 (as of October 6, 2026)
- Sector / Industry: Semiconductors
- Next earnings date: November 4, 2026
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