Wall Street Analysts See a 26.37% Upside in TTM (TTMI): Can the Stock Really Move This High?

Core Viewpoint - TTM Technologies (TTMI) shows potential for significant upside, with a mean price target of $118.5 indicating a 26.4% increase from the current price of $93.77 [1] Price Targets - The average price target ranges from a low of $108.00 to a high of $126.00, with a standard deviation of $8.58, suggesting a consensus among analysts [2] - The lowest estimate indicates a 15.2% increase, while the highest suggests a 34.4% upside [2] Analyst Consensus and Earnings Estimates - Analysts are increasingly optimistic about TTMI's earnings prospects, with a strong agreement in revising EPS estimates higher, which correlates with potential stock price movements [11] - Over the last 30 days, three estimates have been revised upward, leading to a 14.2% increase in the Zacks Consensus Estimate [12] Zacks Rank - TTMI holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] Price Movement Guidance - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movements [14]