TTM Technologies (TTMI) is trading higher as investors continue to re-rate the shares following the company’s late-April “beat-and-raise” quarter, with strength in topline growth and a higher near-term outlook supporting incremental buying. The move appears to be follow-through from the April 29 earnings release and accompanying Q2 guidance, rather than a brand-new standalone announcement on May 4.

For Q1 FY2026 (ended March 30, 2026), TTM reported net sales of $846.0 million, up 30% year over year, alongside non-GAAP net income of $80.1 million, or $0.75 per diluted share. Management guided Q2 FY2026 to non-GAAP EPS of $0.82–$0.88 and revenue of $930 million to $970 million, implying another step-up in growth and reinforcing confidence that demand drivers are persisting into the June quarter.

In the days after the quarter, at least one research note highlighted in market coverage lifted its price target to $160 while maintaining a Buy stance, adding support to the post-earnings momentum trade. Separately, investors are also looking ahead to TTM’s scheduled Investor Day on May 27, 2026, which can serve as an additional checkpoint for longer-term targets and end-market demand commentary.