TTM (TTMI) Stock Forecast, Price Target & Predictions


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TTMI Stock Forecast


TTM stock forecast is as follows: an average price target of $30.00 (represents a 14.33% upside from TTMI’s last price of $26.24) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

TTMI Price Target


The average price target for TTM (TTMI) is $30.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $30.00. This represents a potential 14.33% upside from TTMI's last price of $26.24.

TTMI Analyst Ratings


Buy

According to 3 Wall Street analysts, TTM's rating consensus is 'Buy'. The analyst rating breakdown for TTMI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

TTM Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024James RicchiutiNeedham$30.00$24.7721.14%14.33%
Oct 31, 2024James RicchiutiNeedham$26.00$19.7231.85%-0.91%
Jun 17, 2024James RicchiutiNeedham$21.00$18.2015.42%-19.97%
May 02, 2024Matthew SheerinStifel Nicolaus$19.00$14.7728.64%-27.59%
Aug 04, 2022Needham$19.00$13.5140.64%-27.59%
Apr 19, 2022William SteinTruist Financial$15.00$13.6110.21%-42.84%

The latest TTM stock forecast, released on Dec 09, 2024 by James Ricchiuti from Needham, set a price target of $30.00, which represents a 21.14% increase from the stock price at the time of the forecast ($24.77), and a 14.33% increase from TTMI last price ($26.24).

TTM Price Target by Period


1M3M12M
# Anlaysts124
Avg Price Target$30.00$28.00$24.00
Last Closing Price$26.24$26.24$26.24
Upside/Downside14.33%6.71%-8.54%

In the current month, the average price target of TTM stock is $30.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.33% increase as opposed to TTM's last price of $26.24. This month's average price target is up 7.14% compared to last quarter, and up 25.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024NeedhamBuyBuyHold
Oct 31, 2024B. RileyBuyBuyHold
Oct 31, 2024NeedhamBuyBuyHold
Jul 18, 2024Raymond JamesBuyBuyHold
Jul 18, 2024NeedhamUnderperformUnderperformHold
Jul 18, 2024B. RileyBuyBuyHold
Jun 17, 2024NeedhamBuyBuyHold
Aug 04, 2022NeedhamBuyBuyHold

TTM's last stock rating was published by Needham on Dec 09, 2024. The company gave TTMI a "Buy" rating, the same as its previous rate.

TTM Financial Forecast


TTM Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
Revenue--------$569.04M---$569.04M$572.58M$546.51M$544.44M$598.14M--$581.26M---$526.43M$523.80M--$497.65M$719.25M-
Avg Forecast$673.35M$655.65M$653.68M$615.76M$660.67M$645.59M$636.89M$609.17M$630.60M$603.98M$582.70M$551.76M$572.03M$570.63M$552.52M$564.58M$658.57M$675.43M$600.38M$560.37M$551.36M$552.74M$546.66M$511.13M$510.19M$492.65M$539.09M$579.80M$660.43M$709.69M
High Forecast$686.37M$668.32M$666.32M$627.66M$673.45M$658.07M$649.20M$623.61M$633.56M$603.98M$582.70M$551.76M$573.46M$575.01M$563.20M$575.49M$671.30M$675.43M$600.38M$560.37M$551.36M$552.74M$546.66M$511.13M$510.19M$492.65M$539.09M$579.80M$660.43M$709.69M
Low Forecast$662.20M$644.79M$642.86M$605.56M$649.73M$634.90M$626.34M$596.71M$627.08M$603.98M$582.70M$551.76M$570.27M$567.00M$543.37M$555.22M$647.66M$675.43M$600.38M$560.37M$551.36M$552.74M$546.66M$511.13M$510.19M$492.65M$539.09M$579.80M$660.43M$709.69M
# Analysts11111113311134221111222228812712
Surprise %--------0.90%---0.99%1.00%0.99%0.96%0.91%--1.04%---1.03%1.03%--0.86%1.09%-

TTM's average Quarter revenue forecast for Mar 25 based on 3 analysts is $609.17M, with a low forecast of $596.71M, and a high forecast of $623.61M. TTMI's average Quarter revenue forecast represents a 7.05% increase compared to the company's last Quarter revenue of $569.04M (Dec 24).

TTM EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts11111113311134221111222228812712
EBITDA--------$75.69M---$75.69M$52.46M$41.13M$23.86M$41.61M--$36.11M---$35.06M$38.84M--$28.57M$59.25M-
Avg Forecast$66.47M$64.72M$64.53M$60.79M$65.22M$63.73M$62.87M$60.14M$62.25M$59.62M$57.52M$70.06M$56.47M$56.33M$54.54M$63.69M$69.07M$57.53M$51.14M$57.90M$46.96M$47.08M$46.56M$39.47M$43.46M$41.96M$45.92M$74.98M$56.25M$60.45M
High Forecast$67.76M$65.97M$65.78M$61.96M$66.48M$64.96M$64.09M$61.56M$62.54M$59.62M$57.52M$84.07M$56.61M$56.76M$55.60M$76.43M$82.88M$57.53M$51.14M$69.48M$46.96M$47.08M$46.56M$47.37M$43.46M$41.96M$45.92M$89.98M$56.25M$60.45M
Low Forecast$65.37M$63.65M$63.46M$59.78M$64.14M$62.67M$61.83M$58.91M$61.90M$59.62M$57.52M$56.05M$56.30M$55.97M$53.64M$50.95M$55.26M$57.53M$51.14M$46.32M$46.96M$47.08M$46.56M$31.58M$43.46M$41.96M$45.92M$59.99M$56.25M$60.45M
Surprise %--------1.22%---1.34%0.93%0.75%0.37%0.60%--0.62%---0.89%0.89%--0.38%1.05%-

3 analysts predict TTMI's average Quarter EBITDA for Mar 25 to be $60.14M, with a high of $61.56M and a low of $58.91M. This is -20.55% lower than TTM's previous annual EBITDA (Dec 24) of $75.69M.

TTM Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts11111113311134221111222228812712
Net Income--------$17.34M---$17.34M$-37.07M$6.82M$-5.81M$8.39M--$17.25M---$-3.19M$38.96M--$-3.22M$25.26M-
Avg Forecast$62.30M$58.14M$57.11M$45.68M$60.22M$55.29M$49.06M$38.16M$49.32M$42.31M$35.30M$19.96M$37.53M$28.36M$20.64M$18.15M$8.90M$45.19M$34.11M$16.50M$32.21M$34.98M$30.82M$-3.19M$26.39M$20.26M$14.87M$-1.17M$28.22M$39.29M
High Forecast$63.86M$59.61M$58.54M$46.83M$61.73M$56.68M$50.29M$39.22M$50.37M$42.34M$36.19M$23.95M$38.48M$29.41M$21.16M$21.77M$10.68M$45.19M$34.11M$19.80M$32.21M$34.98M$30.82M$-2.55M$26.39M$20.26M$14.87M$-939.20K$28.22M$39.29M
Low Forecast$60.96M$56.89M$55.88M$44.70M$58.92M$54.10M$48.00M$37.10M$48.26M$42.28M$34.54M$15.97M$36.52M$27.75M$20.20M$14.52M$7.12M$45.19M$34.11M$13.20M$32.21M$34.98M$30.82M$-3.83M$26.39M$20.26M$14.87M$-1.41M$28.22M$39.29M
Surprise %--------0.35%---0.46%-1.31%0.33%-0.32%0.94%--1.05%---1.00%1.48%--2.74%0.89%-

TTM's average Quarter net income forecast for Mar 25 is $38.16M, with a range of $37.10M to $39.22M. TTMI's average Quarter net income forecast represents a 120.08% increase compared to the company's last Quarter net income of $17.34M (Dec 24).

TTM SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts11111113311134221111222228812712
SG&A--------$56.48M---$56.48M$57.68M$56.02M$56.38M$50.06M--$51.23M---$44.58M$42.68M--$50.51M$62.38M-
Avg Forecast$60.72M$59.12M$58.95M$55.53M$59.58M$58.22M$57.43M$54.93M$56.87M$54.47M$52.55M$59.29M$51.58M$51.46M$49.82M$53.90M$48.82M$60.91M$54.14M$49.00M$49.72M$49.84M$49.30M$47.81M$46.01M$44.43M$48.61M$50.84M$59.55M$64.00M
High Forecast$61.89M$60.27M$60.09M$56.60M$60.73M$59.34M$58.54M$56.23M$57.13M$54.47M$52.55M$71.15M$51.71M$51.85M$50.79M$64.68M$58.59M$60.91M$54.14M$58.80M$49.72M$49.84M$49.30M$57.37M$46.01M$44.43M$48.61M$61.00M$59.55M$64.00M
Low Forecast$59.71M$58.14M$57.97M$54.61M$58.59M$57.25M$56.48M$53.81M$56.55M$54.47M$52.55M$47.43M$51.43M$51.13M$49.00M$43.12M$39.06M$60.91M$54.14M$39.20M$49.72M$49.84M$49.30M$38.25M$46.01M$44.43M$48.61M$40.67M$59.55M$64.00M
Surprise %--------0.99%---1.09%1.12%1.12%1.05%1.03%--1.05%---0.93%0.93%--0.99%1.05%-

TTM's average Quarter SG&A projection for Mar 25 is $54.93M, based on 3 Wall Street analysts, with a range of $53.81M to $56.23M. The forecast indicates a -2.74% fall compared to TTMI last annual SG&A of $56.48M (Dec 24).

TTM EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts11111113311134221111222228812712
EPS--------$0.17---$0.17$-0.36$0.07$-0.06$0.08--$0.17---$-0.03$0.36--$-0.03$0.24-
Avg Forecast$0.60$0.56$0.55$0.44$0.58$0.53$0.47$0.37$0.47$0.41$0.34$0.27$0.36$0.27$0.20$0.19$0.38$0.43$0.33$0.23$0.31$0.34$0.30$0.23$0.25$0.20$0.14$0.06$0.27$0.38
High Forecast$0.62$0.57$0.56$0.45$0.59$0.55$0.48$0.38$0.49$0.41$0.35$0.27$0.37$0.28$0.20$0.19$0.39$0.43$0.33$0.23$0.31$0.34$0.30$0.23$0.25$0.20$0.14$0.06$0.27$0.38
Low Forecast$0.59$0.55$0.54$0.43$0.57$0.52$0.46$0.36$0.46$0.41$0.33$0.27$0.35$0.27$0.19$0.18$0.37$0.43$0.33$0.23$0.31$0.34$0.30$0.23$0.25$0.20$0.14$0.06$0.27$0.38
Surprise %--------0.36%---0.47%-1.32%0.35%-0.30%0.21%--0.73%----0.13%1.42%---0.54%0.88%-

According to 3 Wall Street analysts, TTM's projected average Quarter EPS for Mar 25 is $0.37, with a low estimate of $0.36 and a high estimate of $0.38. This represents a 116.18% increase compared to TTMI previous annual EPS of $0.17 (Dec 24).

TTM Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TTMITTM$26.24$30.0014.33%Buy
LYTSLSI Industries$19.92$21.507.93%Buy
MEIMethode Electronics$12.65$13.002.77%Hold
OSISOSI Systems$183.68$176.00-4.18%Buy
BELFBBel Fuse$91.36$87.50-4.23%Buy
PLXSPlexus$164.50$150.00-8.81%Buy
SANMSanmina$79.30$62.00-21.82%Buy
BHEBenchmark Electronics$47.51$34.00-28.44%Buy
CLSCelestica$97.81$66.60-31.91%Buy

TTMI Forecast FAQ


Is TTM a good buy?

Yes, according to 3 Wall Street analysts, TTM (TTMI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of TTMI's total ratings.

What is TTMI's price target?

TTM (TTMI) average price target is $30 with a range of $30 to $30, implying a 14.33% from its last price of $26.24. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will TTM stock go up soon?

According to Wall Street analysts' prediction for TTMI stock, the company can go up by 14.33% (from the last price of $26.24 to the average price target of $30), up by 14.33% based on the highest stock price target, and up by 14.33% based on the lowest stock price target.

Can TTM stock reach $40?

TTMI's average twelve months analyst stock price target of $30 does not support the claim that TTM can reach $40 in the near future.

What is TTM's current price target trend?

1 Wall Street analyst forecast a $30 price target for TTM (TTMI) this month, up 14.33% from its last price of $26.24. Compared to the last 3 and 12 months, the average price target increased by 6.71% and decreased by -8.54%, respectively.

What are TTM's analysts' financial forecasts?

TTM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.55B (high $2.6B, low $2.51B), average EBITDA is $251.96M (high $257.09M, low $247.55M), average net income is $202.72M (high $207.92M, low $198.12M), average SG&A $230.16M (high $234.85M, low $226.13M), and average EPS is $1.95 (high $2, low $1.91). TTMI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.6B (high $2.65B, low $2.56B), average EBITDA is $256.51M (high $261.47M, low $252.26M), average net income is $223.23M (high $228.84M, low $218.42M), average SG&A $234.32M (high $238.85M, low $230.44M), and average EPS is $2.15 (high $2.2, low $2.1).

Did the TTMI's actual financial results beat the analysts' financial forecasts?

Based on TTM's last annual report (Dec 2024), the company's revenue was $2.23B, which missed the average analysts forecast of $2.37B by -5.76%. Apple's EBITDA was $257.41M, beating the average prediction of $249.46M by 3.19%. The company's net income was $-18.718M, missing the average estimation of $146.89M by -112.74%. Apple's SG&A was $226.55M, beating the average forecast of $223.17M by 1.52%. Lastly, the company's EPS was $-0.18, missing the average prediction of $1.49 by -112.04%. In terms of the last quarterly report (Dec 2024), TTM's revenue was $569.04M, missing the average analysts' forecast of $630.6M by -9.76%. The company's EBITDA was $75.69M, beating the average prediction of $62.25M by 21.59%. TTM's net income was $17.34M, missing the average estimation of $49.32M by -64.84%. The company's SG&A was $56.48M, missing the average forecast of $56.87M by -0.68%. Lastly, the company's EPS was $0.17, missing the average prediction of $0.475 by -64.21%