TTM Technologies (TTMI)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
$73.38-10.11%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
QuarterlyIQ Insights · TTMI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -37.9% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 60.4% |
Growth built into the price is above our model estimate.
The price assumes 98.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 23 industry peers · Company calendar date is not available
TTMI — capital allocation — Creation of a Direct Financial Obligation or an Obligation under an Off-Balan…
Dated 2026-09-30
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosures above under
Why it matters: TTM's first 2027 forecast calls for $6.5 billion to $6.75 billion in sales. The next report can show if growth holds.
Supportive ifTTM keeps its 2027 sales forecast at $6.5 billion or higher.
Worry ifTTM cuts its 2027 sales forecast below $6.5 billion.
Why it matters: TTM's Q3 margin topped 20% for the first time. Holding that level would back up its margin gains.
Supportive ifAdjusted EBITDA margin is at least 20% in the next reported quarter.
Worry ifAdjusted EBITDA margin falls below 16.6%, the Q2 2026 level.
Why it matters: The Merlin and ILFA deals would add European PCB sites. Their close dates and costs can test TTM's growth plan.
Watch forTTM reports that both Merlin and ILFA deals have closed by December 31, 2026.
Also watch forEither deal is delayed past 2026, canceled, or closed with a stated cost or delay that changes the deal terms.
Why it matters: TTM forecast Q4 sales of $1.42 billion to $1.44 billion. Meeting that range would extend its record sales run.
Supportive ifQ4 2026 net sales land at or above $1.42 billion.
Worry ifQ4 2026 net sales fall below $1.42 billion.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$362 on $10,000 · ±3.6% | How much price usually moves either way. |
| Bad day | $976 loss on $10,000 · 9.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,687 loss on $10,000 · 66.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: AI demand drove this market to 41% of Q3 sales. Slower growth could weaken a key source of recent gains.
Watch forData Center and Networking sales grow at least 100% year over year in the next reported quarter.
Also watch forData Center and Networking sales grow less than 50% year over year, or decline.
Why it matters: TTM plans to fund the $650 million Ophir deal with cash, future cash flow, and borrowing. It tied the deal to a lower leverage range.
Watch forAt Ophir's close, TTM reports net leverage within its 1.5–2.0x target range.
Also watch forAt Ophir's close, TTM reports net leverage above 2.0x.