
TTM Technologies (TTMI) Stock Forecast & Price Target
TTM Technologies (TTMI) Analyst Ratings
Bulls say
TTM Technologies Inc. has demonstrated robust growth across its business segments, with the Networking sector achieving a remarkable 35% increase in sales and projected continued momentum thanks to AI-driven demand. The Data Center Computing segment also showed significant strength, with a year-over-year sales growth of 44%, further underscoring the company's strong position in technology solutions. Additionally, the company’s Aerospace and Defense (A&D) business outperformed expectations with a 20% increase in revenue year-over-year, indicating solid demand for its products in critical market sectors.
Bears say
TTM Technologies is facing a challenging outlook, as it anticipates a 23% growth in MII for Q4 while simultaneously experiencing a 9% year-over-year decline in its automotive segment, which contributes a significant portion of its revenue. Additionally, the company’s net debt to EBITDA leverage ratio has decreased to 1.0x, falling below its targeted range of 1.5x to 2.0x, indicating potential financial strain. Furthermore, the risk of failed acquisitions and the impact of a cyclical downturn in GDP growth may further exacerbate TTM's operating results.
This aggregate rating is based on analysts' research of TTM Technologies and is not a guaranteed prediction by Public.com or investment advice.
TTM Technologies (TTMI) Analyst Forecast & Price Prediction
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