Stifel Nicolaus Remains Bullish on TTM Technologies, Sets Price Target at $55.00

Stifel Nicolaus analyst Ruben Roy maintains a Buy rating on TTM Technologies with a price target of $55.00. The company has a Strong Buy consensus with a price target of $54.40, representing a 27.64% upside. Corporate insider sentiment is negative due to an increase in insiders selling shares.

In a recent development, TTM Technologies (TTMI) has seen a positive outlook from analysts, with a strong consensus rating and a price target indicating significant upside potential. Stifel Nicolaus analyst Ruben Roy maintains a Buy rating on TTM Technologies with a price target of $55.00 [3]. The consensus rating stands at Strong Buy with a price target of $54.40, representing a 27.64% upside [3]. This positive sentiment is in contrast to corporate insider sentiment, which has been negative due to an increase in insiders selling shares.

TTM Technologies recently announced the retirement of its CEO, Thomas T. Edman, and the appointment of Edwin Roks as the new CEO [1]. The company also expects Q3 revenue to range from $690.0M to $730.0M and adjusted EPS to range from $0.57 to $0.63 [1]. These financial projections indicate a robust performance, aligning with the positive analyst ratings.

The company has also been active in acquisitions and new product launches. In August, TTM Technologies acquired a facility in Wisconsin and land rights in Malaysia, and launched the MSK5065RH - a compact, radiation-hardened switching regulator for high-reliability applications [1]. These moves suggest a focus on expansion and innovation, which could contribute to future growth.

However, the insider selling activity has been notable. According to SEC filings, insiders have sold shares worth $670,178, $854,670, and $749,160, among others [2]. This trend, while not uncommon, may indicate a cautious outlook among insiders, which could impact investor sentiment.

In summary, TTM Technologies has received a strong buy rating from analysts, with a significant upside potential. The company's financial projections and recent acquisitions suggest robust growth prospects. However, the negative insider sentiment, marked by increased share selling, should be closely monitored.

References:
[1] https://www.marketscreener.com/news/ttm-technologies-names-edwin-roks-ceo-ce7c51d9db8df026
[2] https://www.stocktitan.net/sec-filings/TTMI/form-4-ttm-technologies-inc-insider-trading-activity-e906cd222fa6.html
[3] https://www.marketbeat.com/instant-alerts/stifel-nicolaus-increases-curtiss-wright-nysecw-price-target-to-45700-2025-08-08/