TTM Technologies ( (TTMI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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TTM Technologies shares climbed after the company reported much stronger-than-expected, AI-driven demand for its advanced printed circuit boards, especially in high-value server applications. Investors were further encouraged by expectations of faster capital expenditure payback in China, which supports a more profitable growth outlook.
Following these developments, B. Riley raised its price target on TTM Technologies while reiterating a Buy rating. The firm now projects about $4 billion in revenue for fiscal 2026 and has increased both revenue and EBITDA forecasts, reflecting confidence in higher-margin server boards and the company’s long-term earnings power.
More about TTM Technologies
YTD Price Performance: 133.93%
Average Trading Volume: 2,007,904
Technical Sentiment Signal: Buy
Current Market Cap: $16.5B
For further insights into TTMI stock on TipRanks’ Stock Analysis page.
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