TTM (TTMI) Stock Forecast, Price Target & Predictions
TTMI Stock Forecast
TTM stock forecast is as follows: an average price target of $18.33 (represents a 1.44% upside from TTMI’s last price of $18.07) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TTMI Price Target
The average price target for TTM (TTMI) is $18.33 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $15.00. This represents a potential 1.44% upside from TTMI's last price of $18.07.
TTMI Analyst Ratings
According to 2 Wall Street analysts, TTM's rating consensus is 'Buy'. The analyst rating breakdown for TTMI stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TTM Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 17, 2024 | James Ricchiuti | Needham | $21.00 | $18.20 | 15.42% | 16.21% |
| May 02, 2024 | Matthew Sheerin | Stifel Nicolaus | $19.00 | $14.77 | 28.64% | 5.15% |
| Aug 04, 2022 | - | Needham | $19.00 | $13.51 | 40.64% | 5.15% |
| Apr 19, 2022 | William Stein | Truist Financial | $15.00 | $13.61 | 10.21% | -16.99% |
The latest TTM stock forecast, released on Jun 17, 2024 by James Ricchiuti from Needham, set a price target of $21.00, which represents a 15.42% increase from the stock price at the time of the forecast ($18.20), and a 16.21% increase from TTMI last price ($18.07).
TTM Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $18.07 | $18.07 | $18.07 |
| Upside/Downside | -100.00% | -100.00% | 10.68% |
In the current month, the average price target of TTM stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TTM's last price of $18.07. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 18, 2024 | Needham | Underperform | Underperform | Hold |
| Jul 18, 2024 | Raymond James | Buy | Buy | Hold |
| Jul 18, 2024 | B. Riley | Buy | Buy | Hold |
| Jun 17, 2024 | Needham | Buy | Buy | Hold |
| Aug 04, 2022 | Needham | Buy | Buy | Hold |
TTM's last stock rating was published by Needham on Jul 18, 2024. The company gave TTMI a "Underperform" rating, the same as its previous rate.
TTM Financial Forecast
TTM Revenue Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Jan 22 | Sep 21 | Jun 21 | Mar 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Jan 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $569.04M | - | - | - | $569.04M | - | - | $544.44M | $598.14M | - | - | $581.26M | - | $556.78M | $567.38M | $526.43M | - | $513.58M | $570.30M | $497.65M | - | $716.82M | $633.04M | $620.20M | - | $716.89M |
| Avg Forecast | $649.12M | $638.06M | $631.49M | $603.68M | $615.75M | $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 | $622.68M | $631.60M | $642.59M | $552.60M |
| High Forecast | $655.55M | $644.39M | $637.75M | $609.66M | $621.86M | $605.55M | $588.48M | $557.23M | $573.46M | $575.01M | $558.00M | $570.17M | $665.10M | $682.13M | $600.38M | $572.83M | $563.61M | $565.03M | $558.81M | $522.49M | $521.53M | $503.60M | $551.08M | $592.69M | $675.11M | $725.47M | $636.53M | $645.64M | $771.11M | $663.12M |
| Low Forecast | $645.88M | $634.89M | $628.34M | $600.67M | $612.68M | $602.90M | $579.80M | $549.01M | $570.27M | $567.00M | $549.77M | $561.76M | $655.29M | $672.07M | $600.38M | $552.58M | $543.69M | $545.05M | $539.06M | $504.02M | $503.10M | $485.80M | $531.60M | $571.74M | $651.25M | $699.82M | $614.03M | $622.82M | $514.08M | $442.08M |
| # Analysts | - | - | - | - | 2 | 3 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 11 | 15 | 8 | 8 | 11 | 14 | 7 | 7 | 10 | 16 | 17 |
| Surprise % | - | - | - | - | 0.92% | - | - | - | 0.99% | - | - | 0.96% | 0.91% | - | - | 1.04% | - | 1.01% | 1.04% | 1.03% | - | 1.04% | 1.06% | 0.86% | - | 1.01% | 1.02% | 0.98% | - | 1.30% |
TTM's average Quarter revenue forecast for Mar 25 based on 0 analysts is $603.68M, with a low forecast of $600.67M, and a high forecast of $609.66M. TTMI's average Quarter revenue forecast represents a 6.09% increase compared to the company's last Quarter revenue of $569.04M (Dec 24).
TTM EBITDA Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Jan 22 | Sep 21 | Jun 21 | Mar 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Jan 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 3 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 11 | 15 | 8 | 8 | 11 | 14 | 7 | 7 | 10 | 16 | 17 |
| EBITDA | - | - | - | - | $75.69M | - | - | - | $75.69M | - | - | $23.86M | $41.61M | - | - | $36.11M | - | $43.28M | $50.80M | $35.06M | - | $37.85M | $46.43M | $28.57M | - | $54.72M | $36.68M | $34.23M | - | $57.98M |
| Avg Forecast | $55.29M | $54.35M | $53.79M | $51.42M | $52.45M | $51.44M | $49.63M | $70.06M | $48.72M | $48.60M | $47.06M | $63.69M | $56.09M | $71.95M | $51.14M | $57.90M | $62.79M | $65.41M | $44.53M | $39.47M | $31.37M | $10.97M | $183.42M | $74.98M | $52.97M | $100.13M | $61.89M | $81.07M | $94.37M | $162.18M |
| High Forecast | $55.84M | $54.89M | $54.32M | $51.93M | $52.97M | $51.58M | $50.12M | $84.07M | $48.84M | $48.98M | $47.53M | $76.43M | $56.65M | $86.34M | $51.14M | $69.48M | $75.35M | $78.49M | $53.43M | $47.37M | $37.64M | $13.17M | $220.10M | $89.98M | $63.56M | $120.15M | $74.26M | $97.29M | $113.24M | $194.61M |
| Low Forecast | $55.01M | $54.08M | $53.52M | $51.16M | $52.18M | $51.35M | $49.38M | $56.05M | $48.57M | $48.29M | $46.83M | $50.95M | $55.81M | $57.56M | $51.14M | $46.32M | $50.23M | $52.33M | $35.62M | $31.58M | $25.09M | $8.78M | $146.73M | $59.99M | $42.38M | $80.10M | $49.51M | $64.86M | $75.49M | $129.74M |
| Surprise % | - | - | - | - | 1.44% | - | - | - | 1.55% | - | - | 0.37% | 0.74% | - | - | 0.62% | - | 0.66% | 1.14% | 0.89% | - | 3.45% | 0.25% | 0.38% | - | 0.55% | 0.59% | 0.42% | - | 0.36% |
0 analysts predict TTMI's average Quarter EBITDA for Mar 25 to be $51.42M, with a high of $51.93M and a low of $51.16M. This is -32.07% lower than TTM's previous annual EBITDA (Dec 24) of $75.69M.
TTM Net Income Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Jan 22 | Sep 21 | Jun 21 | Mar 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Jan 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 3 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 11 | 15 | 8 | 8 | 11 | 14 | 7 | 7 | 10 | 16 | 17 |
| Net Income | - | - | - | - | $17.34M | - | - | - | $17.34M | - | - | $-5.81M | $8.39M | - | - | $17.25M | - | $20.96M | $28.26M | $-3.19M | - | $-61.47M | $9.35M | $-3.22M | - | $15.87M | $3.42M | $-3.25M | - | $84.00M |
| Avg Forecast | $56.88M | $51.68M | $46.49M | $36.62M | $44.67M | $42.33M | $35.32M | $19.96M | $37.56M | $28.38M | $20.65M | $18.15M | $39.75M | $23.05M | $34.18M | $16.50M | $8.09M | $20.96M | $17.27M | $-3.19M | $31.71K | $-31.09M | $143.26M | $-1.17M | $13.38M | $16.29M | $2.82M | $-3.44M | $46.90M | $59.03M |
| High Forecast | $57.61M | $52.35M | $47.09M | $37.09M | $45.25M | $42.88M | $35.78M | $23.95M | $38.04M | $29.43M | $20.92M | $21.77M | $40.26M | $27.66M | $34.18M | $19.80M | $9.70M | $25.15M | $20.72M | $-2.55M | $38.05K | $-24.87M | $171.91M | $-939.20K | $16.05M | $19.55M | $3.38M | $-2.75M | $56.28M | $70.84M |
| Low Forecast | $56.51M | $51.35M | $46.19M | $36.38M | $44.38M | $41.30M | $35.09M | $15.97M | $36.54M | $28.19M | $20.52M | $14.52M | $39.49M | $18.44M | $34.18M | $13.20M | $6.47M | $16.77M | $13.82M | $-3.83M | $25.37K | $-37.31M | $114.60M | $-1.41M | $10.70M | $13.03M | $2.26M | $-4.13M | $37.52M | $47.22M |
| Surprise % | - | - | - | - | 0.39% | - | - | - | 0.46% | - | - | -0.32% | 0.21% | - | - | 1.05% | - | 1.00% | 1.64% | 1.00% | - | 1.98% | 0.07% | 2.74% | - | 0.97% | 1.21% | 0.94% | - | 1.42% |
TTM's average Quarter net income forecast for Mar 25 is $36.62M, with a range of $36.38M to $37.09M. TTMI's average Quarter net income forecast represents a 111.22% increase compared to the company's last Quarter net income of $17.34M (Dec 24).
TTM SG&A Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Jan 22 | Sep 21 | Jun 21 | Mar 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Jan 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 3 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 11 | 15 | 8 | 8 | 11 | 14 | 7 | 7 | 10 | 16 | 17 |
| SG&A | - | - | - | - | $56.48M | - | - | - | $56.48M | - | - | $56.38M | $50.06M | - | - | $51.23M | - | $48.00M | $45.24M | $44.58M | - | $43.89M | $49.28M | $50.51M | - | $57.24M | $52.56M | $53.92M | - | $64.34M |
| Avg Forecast | $58.54M | $57.54M | $56.95M | $54.44M | $55.53M | $54.47M | $52.55M | $59.29M | $51.58M | $51.46M | $49.82M | $53.90M | $59.39M | $53.07M | $54.14M | $49.00M | $44.38M | $48.25M | $27.99M | $47.81M | $-12.78M | $33.74M | $46.58M | $50.84M | $30.68M | $58.81M | $46.53M | $57.57M | $50.57M | $32.53M |
| High Forecast | $59.12M | $58.11M | $57.51M | $54.98M | $56.08M | $54.61M | $53.07M | $71.15M | $51.71M | $51.85M | $50.32M | $64.68M | $59.98M | $63.69M | $54.14M | $58.80M | $53.26M | $57.90M | $33.59M | $57.37M | $-10.22M | $40.48M | $55.90M | $61.00M | $36.82M | $70.57M | $55.84M | $69.08M | $60.69M | $39.04M |
| Low Forecast | $58.24M | $57.25M | $56.66M | $54.17M | $55.25M | $54.37M | $52.28M | $47.43M | $51.43M | $51.13M | $49.58M | $43.12M | $59.09M | $42.46M | $54.14M | $39.20M | $35.51M | $38.60M | $22.39M | $38.25M | $-15.34M | $26.99M | $37.26M | $40.67M | $24.55M | $47.04M | $37.23M | $46.05M | $40.46M | $26.03M |
| Surprise % | - | - | - | - | 1.02% | - | - | - | 1.09% | - | - | 1.05% | 0.84% | - | - | 1.05% | - | 0.99% | 1.62% | 0.93% | - | 1.30% | 1.06% | 0.99% | - | 0.97% | 1.13% | 0.94% | - | 1.98% |
TTM's average Quarter SG&A projection for Mar 25 is $54.44M, based on 0 Wall Street analysts, with a range of $54.17M to $54.98M. The forecast indicates a -3.61% fall compared to TTMI last annual SG&A of $56.48M (Dec 24).
TTM EPS Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Jan 22 | Sep 21 | Jun 21 | Mar 21 | Jan 21 | Sep 20 | Jun 20 | Mar 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Jan 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 3 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 11 | 15 | 8 | 8 | 11 | 14 | 7 | 7 | 10 | 16 | 17 |
| EPS | - | - | - | - | $0.17 | - | - | - | $0.17 | - | - | $-0.06 | $0.08 | - | - | $0.17 | - | $0.20 | $0.26 | $-0.03 | - | $-0.58 | $0.09 | $-0.03 | - | $0.15 | $0.03 | $-0.03 | - | $0.81 |
| Avg Forecast | $0.55 | $0.50 | $0.45 | $0.35 | $0.43 | $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 | $0.17 | $0.17 | $0.42 | $0.26 |
| High Forecast | $0.55 | $0.50 | $0.45 | $0.36 | $0.44 | $0.41 | $0.34 | $0.28 | $0.37 | $0.28 | $0.20 | $0.19 | $0.39 | $0.44 | $0.33 | $0.24 | $0.32 | $0.35 | $0.31 | $0.24 | $0.26 | $0.20 | $0.15 | $0.06 | $0.28 | $0.39 | $0.18 | $0.17 | $0.50 | $0.31 |
| Low Forecast | $0.54 | $0.49 | $0.44 | $0.35 | $0.43 | $0.40 | $0.34 | $0.27 | $0.35 | $0.27 | $0.20 | $0.19 | $0.38 | $0.43 | $0.33 | $0.23 | $0.30 | $0.33 | $0.29 | $0.23 | $0.25 | $0.19 | $0.14 | $0.06 | $0.27 | $0.37 | $0.17 | $0.17 | $0.34 | $0.21 |
| Surprise % | - | - | - | - | 0.40% | - | - | - | 0.47% | - | - | -0.30% | 0.21% | - | - | 0.73% | - | 0.59% | 0.88% | -0.13% | - | -2.97% | 0.61% | -0.54% | - | 0.40% | 0.18% | -0.18% | - | 3.12% |
According to 0 Wall Street analysts, TTM's projected average Quarter EPS for Mar 25 is $0.35, with a low estimate of $0.35 and a high estimate of $0.36. This represents a 107.35% increase compared to TTMI previous annual EPS of $0.17 (Dec 24).
TTM Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LYTS | LSI Industries | $15.52 | $21.00 | 35.31% | Buy |
| CLS | Celestica | $46.99 | $61.50 | 30.88% | Buy |
| OSIS | OSI Systems | $144.29 | $176.50 | 22.32% | Buy |
| MEI | Methode Electronics | $10.71 | $12.50 | 16.71% | Hold |
| BELFB | Bel Fuse | $68.93 | $80.00 | 16.06% | Buy |
| TTMI | TTM | $18.07 | $18.33 | 1.44% | Buy |
| SANM | Sanmina | $68.50 | $62.00 | -9.49% | Buy |
| PLXS | Plexus | $127.84 | $109.00 | -14.74% | Buy |
| BHE | Benchmark Electronics | $43.12 | $34.00 | -21.15% | Buy |
TTMI Forecast FAQ
Is TTM a good buy?
Yes, according to 2 Wall Street analysts, TTM (TTMI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of TTMI's total ratings.
What is TTMI's price target?
TTM (TTMI) average price target is $18.33 with a range of $15 to $21, implying a 1.44% from its last price of $18.07. The data is based on 2 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 1.44% (from the last price of $18.07 to the average price target of $18.33), up by 16.21% based on the highest stock price target, and down by -16.99% based on the lowest stock price target.
Can TTM stock reach $30?
TTMI's average twelve months analyst stock price target of $18.33 does not support the claim that TTM can reach $30 in the near future.
What are TTM's analysts' financial forecasts?
TTMI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.52B (high $2.55B, low $2.51B), average EBITDA is $214.84M (high $216.97M, low $213.77M), average net income is $191.68M (high $194.15M, low $190.43M), average SG&A $227.46M (high $229.71M, low $226.32M), and average EPS is $1.84 (high $1.87, low $1.83).
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 $2.35B by -5.17%. Apple's EBITDA was $257.41M, beating the average prediction of $223.58M by 15.13%. The company's net income was $-18.718M, missing the average estimation of $142.29M by -113.15%. Apple's SG&A was $226.55M, beating the average forecast of $221.83M by 2.13%. Lastly, the company's EPS was $-0.18, missing the average prediction of $1.45 by -112.41%. In terms of the last quarterly report (Dec 2024), TTM's revenue was $569.04M, missing the average analysts' forecast of $615.75M by -7.59%. The company's EBITDA was $75.69M, beating the average prediction of $52.45M by 44.32%. TTM's net income was $17.34M, missing the average estimation of $44.67M by -61.19%. The company's SG&A was $56.48M, beating the average forecast of $55.53M by 1.72%. Lastly, the company's EPS was $0.17, missing the average prediction of $0.43 by -60.47%