Stifel Cuts TTM Technologies (TTMI) Price Target to $165

By TradeTexts Research Desk Oct 23, 2026, 11:16 AM EDT

TTM Technologies, Inc. (TTMI) business photo

Key Points

Stifel maintained its Buy rating on TTM Technologies on October 23, 2026, reducing its price target from $205 to $165.
Stifel's $165 price target implies 109.98% upside from TTM Technologies, Inc.'s ($TTMI) current $78.58 share price.
The stock recently traded around $78.58, sitting below its 50-day moving average of $118.54.
Other Wall Street firms recently updated their views, including Needham maintaining a Buy rating with a $150 target on October 23.

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Stifel maintained its Buy rating on TTM Technologies, Inc. (NasdaqGS: TTMI) on October 23, 2026, while lowering its price target from $205.00 to $165.00. The firm delivered its updated research note on the same day the stock closed at $73.89.

TTMI TTM Technologies, Inc.

$73.89 +4.65% year to date

Daily close · Oct 22, 2026

Analyst rating track record

Stifel vs. the S&P 500

YTD return -10.15% hypothetical

All-time return -10.15% S&P 500 +0.85%

vs. S&P 500 -11% behind the index

Hypothetical returns from Stifel's disclosed trades, not real profit or advice. How we model this.

Stifel's Call on TTM Technologies

Stifel kept its positive stance on the electronic components maker, even as it brought down its target by $40.00 from a previous level of $205.00. Analyst ratings look ahead to where a firm believes a stock is heading, offering an opinion on future value rather than looking back at past performance.

Other Institutional Activity in TTM Technologies

Large investment firms have been adjusting their positions in the company. Whale Rock Capital Management LLC grew its holdings by 715,933 shares, ending with 4,230,575 shares worth about $312,597,184. Jane Street Group, LLC lifted its stake by 1,918,720 shares to reach 2,756,443 shares valued at about $203,673,571. Lone Pine Capital Llc doubled its position by adding 1,369,038 shares, finishing with 2,738,075 shares worth about $202,316,360.

TTM Technologies, Inc. Stock Down 23.1%

TTM Technologies recently traded around $78.58 as of October 23, 2026, up about 6.3% from its previous close of $73.89 on October 22. The shares sit below the 50-day moving average of $118.54 and below the 200-day moving average of $128.01. The stock has a 52-week low of $55.44 and a 52-week high of $223.83. The company has a market capitalization of roughly $7.78 billion and a trailing P/E ratio of 29.56.

12-month forecast

$TTMI price target

TTM Technologies, Inc. daily closes and this analyst's $165 target. Not advice.

Recent Earnings

The company generated trailing twelve month revenue of $3.83 billion.

Insider Buying and Selling at TTM Technologies, Inc.

Insiders completed several transactions earlier in the year, including sales by the chief financial officer and purchases by the chief executive officer.

Analysts Set New Price Targets

Needham maintained a Buy rating on August 18 with a $220.00 target, then kept the rating while lowering the target to $175.00 on September 21. Truist Securities kept a Buy rating on October 13 while raising its target from $224.00 to $231.00. On October 23, Needham maintained a Buy rating while lowering its target from $175.00 to $150.00. Overall, five analyst opinions contribute to a mean target price of $190.80, with a recommendation consensus of strong buy.

About TTM Technologies

Based in Santa Ana, California, TTM Technologies manufactures printed circuit boards, radio frequency components, and mission systems for aerospace, defense, and commercial markets.

Bottom Line

The updated target from Stifel reflects shifting Wall Street expectations as investors watch for the company's next earnings report scheduled for February 3, 2027.