--- title: "Weekly Recap | TTM Tech -21.04%, $1.1b deal triggers sell-off" type: "News" locale: "en" url: "https://longbridge.com/en/news/296671143.md" description: "TTM Technologies (TTMI) plunged 21.04% this week, closing at $110.54. The stock markedly underperformed the S&P 500, which fell 1.43%, trailing the benchmark by roughly 19.61 percentage points. The week’s amplitude reached 24.5%, with the price action characterised by a sharp sell-off followed by low-level consolidation. On Monday (17 August), shares opened at $140.21 and even touched an intraday high of $143.58 before paring gains to close at $140.98." datetime: "2026-08-22T05:50:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296671143.md) - [en](https://longbridge.com/en/news/296671143.md) - [zh-HK](https://longbridge.com/zh-HK/news/296671143.md) generator: "portal-rs" --- # Weekly Recap | TTM Tech -21.04%, $1.1b deal triggers sell-off ## The Week TTM Technologies (TTMI) plunged 21.04% this week, closing at $110.54. The stock markedly underperformed the S&P 500, which fell 1.43%, trailing the benchmark by roughly 19.61 percentage points. The week’s amplitude reached 24.5%, with the price action characterised by a sharp sell-off followed by low-level consolidation. On Monday (17 August), shares opened at $140.21 and even touched an intraday high of $143.58 before paring gains to close at $140.98. Selling pressure intensified sharply on Tuesday, sending the stock down to $125.71. The rout continued on Wednesday, with the price falling further to $116.38. Over the final two sessions, TTMI fluctuated between $113.21 and $117.64, ultimately hitting a week low of $109.225 on Friday before settling at $110.54. Average daily volume stood at around 2.9 million shares, running about 23.7% above the recent median, underscoring the heavy distribution. ## Key Events This week’s narrative was dominated entirely by a blockbuster acquisition. Before the market opened on Monday, Veritas Capital announced the $1.1 billion sale of Epiq Solutions to TTM Technologies. The news rippled through Tuesday, with multiple outlets analysing what TTMI could gain from the deal. However, the market’s reaction was decidedly negative. Shares tumbled on Tuesday and continued to slide on Wednesday, with intraday losses reaching 12.57%. Some market commentary suggested that while the deal expands its portfolio and puts record revenue of over $1 billion within reach, investors are wary of integration risks and the immediate valuation strain. On Thursday, further analysis noted that despite that record revenue level, TTMI’s stock could still be roughly 19% overvalued. ## Analyst Ratings As of this week, four analysts cover TTM Technologies: three rate it a buy and one rates it overweight, with no hold, underweight, or sell ratings on the board. The consensus rating is a strong buy, with a consensus target price of $214.25. Relative to the closing price of $110.54, this implies a potential upside of approximately 93.82%. The target price range is fairly tight, spanning from a low of $205 to a high of $224, indicating a limited divergence of opinion among brokers. Within the Electronic Equipment & Services industry, TTMI ranks 32nd out of 68 peers. ## The Week Ahead A batch of US macro data due next week could sway overall risk appetite. On Tuesday, 25 August, the FHFA House Price Index, Case Shiller 20-City Home Price Index, Richmond Fed Composite Index, Consumer Confidence Index, and new home sales figures will be released. These reports will provide fresh clues on the health of the US housing market and consumer sentiment. Given the sharp volatility in TTMI triggered by this week’s acquisition news, the macro backdrop and broader market mood next week will be a key window to watch whether the stock can stabilise at current levels. ## In Short TTM Technologies suffered a brutal sell-off this week after announcing its $1.1 billion acquisition, shedding over a fifth of its market value and diverging sharply from the broader market. A clear tension has emerged between fundamentals and market sentiment. On one side, the analyst consensus is overwhelmingly positive, with a target price that nearly doubles the current spot. On the other, the market is clearly concerned about near-term integration costs and valuation pressure. The latest session’s fund flow showed a tug-of-war among retail-sized orders, while large-lot money was a net buyer. The key question going forward is whether the stock can find a floor near $110 as the market digests the long-term strategic merit of this deal. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [TTMI.US](https://longbridge.com/en/quote/TTMI.US.md) ## Related News & Research - [What Could TTM Technologies (TTMI) Gain From Its $1.1 Billion Acquisition?](https://longbridge.com/en/news/296191186.md) - [TTM Technologies (TTMI) Stock Could Be 19% Overvalued Despite Record $1B Revenue](https://longbridge.com/en/news/296393633.md) - [$100 Invested In TTM Technologies 15 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/296165041.md) - [Veritas Capital Announces $1.1 Billion Sale of Epiq Solutions to TTM Technologies | TTMI Stock News](https://longbridge.com/en/news/296110703.md) - [TTM Technologies (TTMI) Could Be 35% Undervalued On Strong Earnings And Higher Outlook](https://longbridge.com/en/news/295792817.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**