TTM Technologies Stock To $121?

TTMI: TTM Technologies logo
TTMI
TTM Technologies

TTM Technologies (TTMI) stock has fallen by 11.8% in less than a month, from $196.95 on 26th May, 2026 to $173.72 now. What comes next? We think that the stock could fall even more. The current correction, when put in context of stock’s Very High valuation, suggest possibility of further downside. A price of $121 is not out of question, especially considering that the stock has seen this level in the last 5 years. Read Buy or Sell TTM Technologies Stock to see how we arrive at this opinion.

So should you wait before buying this dip? Perhaps. There is no perfect way to time the dips. Nevertheless, here is another perspective on TTMI stock to help you make the decision. Historically, the median return for the 12-month period following sharp dips was 19%, with median peak return reaching 48%. We define sharp dip as stock going down 20% or more, in less than 30 day period.

Below, we get into details of historical dips and subsequent returns.

Trefis: TTMI Stock Insights

 
Historical Median Returns Post Dips
 

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Period Past Median Return
1M 5.6%
3M 11.7%
6M 19.5%
12M 19.1%

 
Historical Dip-Wise Details
 
TTMI had 17 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered

  • 48% median peak return within 1 year of dip event
  • 285 days is the median time to peak return after a dip event
  • -15% median max drawdown within 1 year of dip event

30 Day Dip TTMI Subsequent Performance
Date TTMI SPY 1Y Peak
Return
Max
Drop
# Days
to Peak
Median     19% 48% -15% 285
3282025 -20% -9% 367% 442% -16% 339
9092024 -21% 0% 175% 187% 0% 324
2272023 -20% 0% 10% 21% -16% 350
9262022 -20% -14% -4% 31% -14% 109
2102022 -21% -6% 19% 48% 0% 196
3092020 -26% -17% 24% 27% -22% 347
5202019 -20% -2% 13% 57% -15% 248
10092018 -20% -0% -20% 2% -41% 8
8032017 -22% 2% 34% 39% -9% 364
1062016 -21% -4% 126% 144% -18% 313
8062015 -21% -1% 28% 28% -39% 365
10092014 -22% -3% 17% 84% -3% 236
8052011 -33% -6% -12% 32% -15% 182
6072011 -23% -4% -36% 15% -39% 30
9072010 -20% -2% 18% 125% -0% 210
6242010 -20% -8% 61% 100% -14% 285
2052010 -25% -5% 92% 102% -8% 343

1Y Refers to 1 year or time since recent dip, whichever is smaller

While the table provides a good summary of past dips for TTMI stock, isolating dips and subsequent recovery during major market crashes is another critical piece of information.
 
TTM Technologies Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Quality Metrics Value Quality Check
Revenue Growth (LTM) 23.1% Pass
Revenue Growth (3-Yr Avg) 8.9% Pass
Operating Cash Flow Margin (LTM) 10.4% Pass
Leverage (see below) Pass
=> Interest Coverage Ratio 6.1  
=> Cash To Interest Expense Ratio 9.2  

While these are some basic checks required for conviction, there is a lot more to unpack before taking any investment decision.

Staying Invested Over Timing the Bottoms

Buying the dip on a stock like TTMI looks easy on a historical chart, but living through it is a high-stakes game. When a “bargain” keeps dipping, the volatility often forces investors to lose their nerve and exit right before the recovery begins. To actually capture that upside, you need a strategy that makes “staying invested” a mechanical reality rather than a test of willpower.

The Trefis High Quality Portfolio (HQ) is engineered to give you that staying power. By diversifying across 30 quality stocks, it dampens the stomach-churning drops of a market dip while retaining upside exposure. The HQ strategy has outpaced the S&P 500, S&P Mid-cap, and Russell 2000, and has returned > 105% since inception.