TTM Technologies, Inc. Q3 2026 Earnings Call Summary

Stifel reduced its price target for TTM Technologies (TTMI) to $165 from $205, citing valuation updates, while maintaining a Buy rating. The stock trades at $73.89, below its Fair Value of $83.55. TTM reported Q3 2026 revenue of $1.20B, up 60% YoY, and EPS of $1.46, beating estimates. Adjusted EBITDA margin exceeded 20% for the first time. The company raised its full-year 2026 sales guidance to $4.47B-$4.49B and announced $400M in capacity investments.

TTM Technologies reported Q3 2026 revenue of over $1.2B, with CEO Edwin Roks anticipating a strong year-end. The company forecasts 2027 net sales of $6.5B-$6.75B and plans a $400M capacity expansion for N+M products.

TTM Technologies forecasts 2027 net sales of $6.5B to $6.75B. Management highlights strong demand in data center computing and military hardware, with robust order momentum and growth prospects in AI and defense. The company plans to fund organic growth and integrate acquisitions with internal cash flow.

TTM Technologies (TTMI) stock fell 29.5% despite beating Q3 earnings expectations. Revenue rose 59% YoY to $1.2B, and EPS more than doubled to $1.46. However, supply chain issues, delayed projects, and increased debt costs contributed to the decline. The company's guidance was above analyst projections, but concerns about data center demand and operational challenges drove the sell-off.

TTM Technologies (TTMI) reported Q3 2026 revenue of $1.2B, raising full-year guidance to $4.49B. The company announced $400M in new investments and several acquisitions, including Ophir for $650M, to expand capabilities and geographic reach. TTM expects strong demand in data center, aerospace, and defense markets.

TTM Technologies (TTMI) shares fell 27.61% to $73.95 after its Q4 revenue forecast missed expectations, despite record Q3 results driven by AI data center demand. Q3 sales were $1.2B, up 60% YoY, with adjusted EPS of $1.46. The company forecast Q4 sales of $1.42B-$1.44B, slightly below consensus.