TTM Technologies (TTMI) | News Based Sentiment Analysis

• On July 30, 2025, TTM Technologies reported a strong second quarter, exceeding analyst expectations with EPS of $0.58, $0.06 above the $0.52 consensus, and revenue of $730.62 million, surpassing the expected $668.42 million – a 20.7% year-over-year increase. This positive performance was further discussed on September 8, 2025, highlighting the company's momentum.
• Following the strong Q2 results, TTM Technologies provided Q3 2025 EPS guidance of $0.570-$0.630 on September 8, 2025, aligning with the Zacks Consensus Estimate of $0.61 per share. This suggests continued confidence in their performance trajectory, and the company anticipates a year-over-year increase of 48.78% in EPS when the next earnings release is anticipated on October 29, 2025.
• TTM Technologies is strategically focusing on aerospace and defense, with this sector now representing 46% of net sales in 2024, as highlighted at the Jefferies Mining and Industrials Conference on September 4, 2025. This shift is supported by a 17% revenue increase in the first half of 2025 and a 21% year-over-year growth in Q2 within the defense sector.
• Despite the positive outlook, insider selling raised some concerns, with Robert P. Farrell selling 1,500 shares on August 28, 2025, totaling $70,035.00, and Steven Spoto selling 3,484 shares on August 12th for $162,284.72. Further sales by EVP Catherine A. Gridley on August 19th and August 27th totaled $1,011,500.00 and $886,200.00 respectively, with insiders collectively selling 100,759 shares valued at $4,136,826 over the 90 days leading up to September 15, 2025.
• Analysts generally maintain a positive outlook, with a consensus rating of "Strong Buy" as of September 9, 2025, and an average price target of $52.25, suggesting a potential 9.77% increase. However, ratings were mixed, with Wall Street Zen downgrading their rating to "Buy" on September 5, 2025, and then upgrading it back to “Strong-Buy” on September 15, 2025, with target prices reaching up to $56.00.
• Institutional investment activity was notable, with Inspire Investing LLC boosting its stake by 214.1% to $1.04 million, while Wesbanco Bank Inc. reduced its holdings by 20.2%, selling 13,000 shares valued at $2,094,000. Institutional investors collectively own 95.79% of TTM Technologies stock as of September 15, 2025.
• TTM Technologies showcased its latest PCB technologies at the Electronica India 2025 exhibition from September 17-19, 2025, at the Bangalore International Exhibition Centre, exhibiting advanced solutions in mission systems and RF components.
• As of June 2025, TTM Technologies held US$917.1 million in debt and US$449.1 million in cash, resulting in a net debt of US$468.1 million. The company's net debt to EBITDA stood at 1.3, with an interest cover of 4.7 times, and Earnings Before Interest and Tax (EBIT) grew by 53% in the last twelve months.

The Investment Story: September was a month of strong financial performance for TTM Technologies, driven by its strategic focus on aerospace and defense, but tempered by notable insider selling and fluctuating analyst ratings.

What It Means for Investors: The company's solid earnings, positive guidance, and strategic shift towards high-growth sectors suggest continued revenue growth potential. However, investors should carefully monitor insider activity and analyst sentiment for potential risks.

Looking Ahead: Investors should closely watch TTM Technologies’ performance against its Q3 EPS guidance of $0.570-$0.630 and monitor the impact of the new CEO, Dr. Edwin Roks, appointed on September 2, 2025.

The Bottom Line: TTM Technologies appears well-positioned for growth with a clear strategic focus and solid financial performance, but the mixed signals from analysts and insider selling warrant cautious optimism.