$TTMI

Alembic Global initiated coverage on TTM Technologies (NASDAQ:TTMI) with an overweight rating and a $236.00 price target, citing 74% upside potential. The firm expects earnings to double by fiscal 2028 due to AI demand and growth in aerospace and defense. TTM's stock has risen 122% over the past year. Recent acquisitions, including a $1.1 billion deal for Epiq Solutions, may increase leverage but are seen as strategic moves.

TTM Technologies received 6% of a $511M contract for Navy's SPY-6 radar systems, following a similar $1.809B contract in July. The company employs about 1,000 people in Connecticut, producing electronic systems for aerospace and defense. Rep. Joe Courtney highlighted the contract as a sign of the region's defense manufacturing growth.

TTM Technologies (TTMI) stock fell 6% post-earnings, trading at $123.42. Amphenol (APH) reported $8.76B revenue, up 55% YoY, beating estimates, and its stock rose 17.3%. Rogers (ROG) saw $216.8M revenue, up 6.9%, but missed EPS estimates; its stock rose 29.9%. Plexus (PLXS) reported $1.3B revenue, up 28.1%, beating estimates, and its stock rose 8.6%. Jabil (JBL) reported $10.62B revenue, up 28.6%, beating estimates, but its stock fell 9.2%.

TTM Technologies (TTMI) completed its $1.1B acquisition of Epiq Solutions, a provider of AI-enabled software-defined radios and RF products. The deal is expected to be immediately accretive to adjusted EBITDA, moderately dilutive to non-GAAP EPS in 2027, and accretive to non-GAAP EPS in 2028. TTM funded the purchase with proceeds from new debt and a senior notes offering.

TTM Technologies (TTMI) shares fell 6.9% due to profit-taking after a rally, concerns over $1.1B acquisition of Epiq Solutions, and $500M notes offering. Debt and valuation worries overshadowed AI-related gains. The stock is volatile, up 71% YTD but 45.5% below its 52-week high. Analysts have mixed views on its valuation.

TTM Technologies (TTMI) and Amphenol (APH) have seen significant stock gains this year due to increased defense spending. TTM reported Q2 revenue of $1B (+37% YoY) and EPS of $0.77 (+92.5% YoY). Amphenol reported Q2 revenue of $8.8B (+55% YoY) and EPS of $1.37 (+59% YoY). Both companies benefit from defense electronics supply chain and AI infrastructure surges. They also have other revenue streams, with AI data center spending contributing significantly.

TTM TECHNOLOGIES INC (TTMI) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry Into a Material Definitive Agreement. On September 24, 2026, TTM Technologies, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $500 million in aggregate principal amount of its 6.750% senior notes due 2034 (the “Notes”

TTM Technologies (TTMI) issued $500M in senior notes, raised 2026 revenue guidance, and expanded M&A activity. The stock is up 12% in 30 days but down 34.3% in 90 days. Analysts debate valuation, with one narrative suggesting a 41% undervaluation to $212, while a DCF model indicates overvaluation at $106.24.

TTM Technologies (TTMI) raised $500M in senior notes at 6.750% to fund acquisitions and growth. Q2 sales rose 37% YoY to $1B, with GAAP net income up to $83M. The company plans $1.6B in additional loans for deals, including Swiss Technology Group AG and ILFA GmbH, with guidance for Q3 sales of $1.1B-$1.14B and full-year sales near $4.4B.

TTM Technologies (TTMI) shares rose 5.5% after activist investor Third Point and Bank of America took stakes. The rally followed broader sector gains, with Needham reiterating a Buy rating but lowering its target to $175. The stock closed at $124.41, up 77.7% YTD but still 43.3% below its 52-week high.