TTM Technologies surges 8% as bullish 2026 outlook regains attention ahead of Investor Day

TTM Technologies, Inc. (TTMI) is up 8.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to renewed optimism around TTM’s 2026 growth narrative heading into its May 27 Investor Day, amplified by management’s recently reiterated view that strong first-half momentum can continue. With the stock already in a momentum phase after a strong quarterly print, incremental reminders around revenue trajectory and AI/defense demand likely helped drive fresh buying.

Details:

In a May 18 Form 8-K, TTM highlighted management commentary pointing to roughly $4 billion of 2026 annual revenue and framed it as implying strong year-over-year growth.

That same filing reiterated the company’s view that the growth pace seen in the first half of 2026 could continue at approximately the same pace in the second half.

TTM’s upcoming Investor Day is scheduled for May 27, 2026 at the Nasdaq Exchange, where management plans to provide further perspective on the full-year 2026 outlook.

In its April 29 first-quarter 2026 release, TTM reported record quarterly net sales and record non-GAAP EPS, alongside a strong book-to-bill and sizable program backlog, which has kept sentiment elevated.

Sources:

TTM Technologies Investor Relations, SEC EDGAR, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TTMI Insider Trading Activity

$TTMI insiders have traded $TTMI stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $TTMI stock by insiders over the last 6 months:

THOMAS T EDMAN has made 0 purchases and 6 sales selling 96,750 shares for an estimated $10,026,476.
CATHERINE A GRIDLEY (EVP, A&D Sector President) has made 0 purchases and 2 sales selling 30,000 shares for an estimated $3,069,900.
DANIEL J WEBER (EVP, General Counsel) sold 12,000 shares for an estimated $1,126,560
ANTHONY JOSEPH SANDEEN (President, AMI&I Business Unit) sold 2,000 shares for an estimated $134,593

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TTMI Hedge Fund Activity

We have seen 285 institutional investors add shares of $TTMI stock to their portfolio, and 263 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. removed 2,770,056 shares (-16.9%) from their portfolio in Q1 2026, for an estimated $269,858,855
WELLINGTON MANAGEMENT GROUP LLP added 1,125,595 shares (+408.5%) to their portfolio in Q1 2026, for an estimated $109,655,464
ALKEON CAPITAL MANAGEMENT LLC added 1,050,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $102,291,000
WESTFIELD CAPITAL MANAGEMENT CO LP removed 994,282 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $68,605,458
JPMORGAN CHASE & CO added 949,171 shares (+230.0%) to their portfolio in Q4 2025, for an estimated $65,492,799
FENGHE FUND MANAGEMENT PTE. LTD. removed 940,071 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $64,864,899
DIMENSIONAL FUND ADVISORS LP removed 879,747 shares (-16.9%) from their portfolio in Q1 2026, for an estimated $85,704,952

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TTMI Government Contracts

We have seen $20,894,199 of award payments to $TTMI over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

AWARD CLINS 0007 AND 0009 TO ALLOW WORK ON PASSIVE MODE S/ADS-B: $17,522,537
EVALUATION OF SIGNAL PROC (MINO)S AND RECEIVER/TRANSMITTER FOR THE SUPPORT OF THE HC-144 AIRCRAFT.: $303,436
REPAIR OF RECEIVER/TRANSMITTER: $269,942
CONTROL,COMMUNICATI: $236,700
EVALUATION OF SIGNAL PROC (MINO) AND ANTENNA-PEDESTAL FOR HC-144 AIRCRAFT.: $230,898

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$TTMI Analyst Ratings

Wall Street analysts have issued reports on $TTMI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Truist Securities issued a "Buy" rating on 04/30/2026
Needham issued a "Buy" rating on 02/05/2026

To track analyst ratings and price targets for $TTMI, check out Quiver Quantitative's $TTMI forecast page.

$TTMI Price Targets

Multiple analysts have issued price targets for $TTMI recently. We have seen 4 analysts offer price targets for $TTMI in the last 6 months, with a median target of $147.5.

Here are some recent targets:

James Ricchiuti from Needham set a target price of $160.0 on 04/30/2026
William Stein from Truist Securities set a target price of $180.0 on 04/30/2026
Ruben Roy from Stifel set a target price of $135.0 on 04/20/2026
Mike Crawford from B. Riley Securities set a target price of $123.0 on 01/22/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.