TTM Technologies reported fourth quarter 2025 results on February 4, 2026, with net sales of $774.3 million, up 19% year-over-year. GAAP net income was $50.7 million or $0.48 per diluted share, while non-GAAP net income reached $74.8 million or $0.70 per diluted share, beating analyst expectations of $0.68. The company's data center and computing segment revenues increased to 36% of total revenues driven by generative AI demand. TTM announced a $200 million supply agreement with Raytheon for defense components. Following these results, multiple analysts raised price targets, with B. Riley increasing its target to $123 and Needham raising its target to $125. The company was added to the S&P MidCap 400 index. On February 20, 2026, an executive vice president sold $2.1 million in stock. The stock showed a 249.1% increase over the past year.
Read full analysisTTM Technologies reported fourth quarter 2025 results on February 4, 2026, with net sales of $774.3 million, up 19% year-over-year. GAAP net income was $50.7 million or $0.48 per diluted share, while non-GAAP net income reached $74.8 million or $0.70 per diluted share, beating analyst expectations of $0.68. The company's data center and computing segment revenues increased to 36% of total revenues driven by generative AI demand. TTM announced a $200 million supply agreement with Raytheon for defense components. Following these results, multiple analysts raised price targets, with B. Riley increasing its target to $123 and Needham raising its target to $125. The company was added to the S&P MidCap 400 index. On February 20, 2026, an executive vice president sold $2.1 million in stock. The stock showed a 249.1% increase over the past year.
TTM Technologies manufactures advanced printed circuit boards, RF components, and semiconductor substrates used in aerospace, defense, data centers, and telecommunications. Its data center segment is growing at 57% annually driven by AI infrastructure demand, while a record $1.61 billion backlog and $200 million Raytheon contract anchor its defense business. The stock is consolidating after a dramatic 20% post-earnings rally fueled by analyst upgrades and the Supreme Court tariff ruling.