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TTM Technologies Adds Defense-Focused Leaders to Board

Tipranks - Tue Feb 3, 6:40AM CST

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TTM Technologies ( (TTMI) ) has provided an announcement.

On February 2, 2026, TTM Technologies announced that former president and CEO Thomas T. Edman, a Class I director, and long-serving Class III director John G. Mayer will retire from the board effective May 7, 2026, following the company’s 2026 annual meeting of stockholders, with Mayer’s departure triggered by the firm’s mandatory retirement age of 75. To fill the resulting vacancies and strengthen its positioning in aerospace and defense, the board unanimously appointed veteran aerospace and defense executive Daniel G. Korte as a Class I director with a term through 2028 and former U.S. Secretary of the Army Ryan D. McCarthy as a Class III director with a term through 2027, appointments that underscore TTM’s strategic emphasis on defense-related growth and add high-level operational and government expertise to its boardroom.

The most recent analyst rating on (TTMI) stock is a Buy with a $123.00 price target. To see the full list of analyst forecasts on TTM Technologies stock, see the TTMI Stock Forecast page.

Spark’s Take on TTMI Stock

According to Spark, TipRanks’ AI Analyst, TTMI is a Outperform.

The score is driven primarily by strong financial performance (growth, improving profitability, reduced leverage, and strong free cash flow growth) and supportive technical momentum (price above major moving averages with positive MACD). This is partially offset by a demanding valuation (high P/E), while the latest earnings call adds support through strong execution, backlog strength, and constructive guidance despite localized margin and automotive headwinds.

To see Spark’s full report on TTMI stock, click here.

More about TTM Technologies

TTM Technologies, Inc., headquartered in Santa Ana, California and listed on NASDAQ under the ticker TTMI, is a leading global manufacturer of technology products, including mission systems, radio frequency components and RF microwave/microelectronic assemblies, as well as advanced interconnect solutions such as printed circuit boards and substrates. The company focuses on time-critical, one-stop design, engineering and manufacturing services that help customers accelerate the development and launch of new products, with a significant presence in the aerospace and defense markets.

Average Trading Volume: 2,553,926

Technical Sentiment Signal: Buy

Current Market Cap: $10.15B

For detailed information about TTMI stock, go to TipRanks’ Stock Analysis page.

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