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TTM vs Jabil Circuit: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

TTM Technologies Inc (TTMI)

Q3 2026
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TTM rides AI and defense boom, but debt-funded deals raise risk

  • Record Q2 sales and raised guidance TTM reported record Q2 2026 sales of $1.0 billion, up 37%, with earnings per share of $0.99, and raised full-year guidance to about $4.4 billion. This strong financial performance likely boosted investor confidence.

    This point shows the core financial results that drove positive sentiment.

  • AI and defense demand surge Growth was driven by AI data center and networking sales, which jumped 91%, and aerospace/defense sales, up 14%. The upcoming N+M product ramp is expected to add about $600 million in the second half.

    This highlights the key demand drivers behind the revenue growth.

  • Expansion through acquisitions and new plant TTM expanded in Europe by acquiring Swiss Technology Group and ILFA, opened a $130 million Ultra-HDI defense plant in Syracuse, and agreed to buy Epiq Solutions for $1.1 billion. These moves aim to grow capacity and capabilities.

    This point covers strategic actions that could drive future growth.

  • Debt-funded deals increase leverage and risk TTM raised $1.6 billion in debt at 6.75% interest to fund acquisitions, increasing leverage and integration risk. If the Epiq deal fails, the notes must be redeemed, adding uncertainty.

    This point presents the main counterweight: higher debt and deal risk could pressure the stock.

September 2026
▲3

TTM's AI and defense boom drives record sales, big acquisitions, and new debt

  • Record sales on AI and defense demand TTM crossed $1 billion in quarterly sales for the first time, up 37% from a year ago. Data center and networking sales jumped 91% on AI infrastructure spending, and aerospace and defense grew 14%. The company raised its full-year outlook to about $4.4 billion, signaling strong demand ahead.

    This is the core reason TTMI is moving: booming demand from AI and defense customers is driving record revenue and a raised outlook.

  • Acquires Epiq Solutions for $1.1 billion TTM agreed to buy Epiq Solutions for $1.1 billion in cash to expand its radio-frequency and signal-processing capabilities for defense and communications. Epiq is expected to add about $160 million in 2027 revenue with high margins, and the deal should immediately boost profitability and earnings per share by 2028.

    This acquisition expands TTM's defense technology and is expected to add revenue and earnings, directly supporting the stock's value.

  • N+M technology ramp to add $600 million in second half TTM said its new N+M product family is ramping faster than expected, with about $600 million of business expected in the second half of 2026. Yields are better than planned, which should help profit margins in the third and fourth quarters. Data center and networking will be 49% of third-quarter sales.

    This shows a concrete new revenue stream with improving margins, reinforcing the growth story beyond the current quarter.

  • Raises $1.6 billion in debt for acquisitions TTM priced $500 million in senior notes at 6.75% and added over $1.1 billion in new loans to fund acquisitions. This increases debt and interest costs, but the company expects leverage to fall to 1.5–1.7 times within 12–18 months. If the Epiq deal fails, the notes must be redeemed.

    The financing is a major capital event that adds risk but also funds growth; it explains the mixed pressure on the stock.

Latest
▲3

TTM's AI and defense boom drives record sales, big acquisitions, and new debt

  • Record sales on AI and defense demand TTM crossed $1 billion in quarterly sales for the first time, up 37% from a year ago. Data center and networking sales jumped 91% on AI infrastructure spending, and aerospace and defense grew 14%. The company raised its full-year outlook to about $4.4 billion, signaling strong demand ahead.

    This is the core reason TTMI is moving: booming demand from AI and defense customers is driving record revenue and a raised outlook.

  • Acquires Epiq Solutions for $1.1 billion TTM agreed to buy Epiq Solutions for $1.1 billion in cash to expand its radio-frequency and signal-processing capabilities for defense and communications. Epiq is expected to add about $160 million in 2027 revenue with high margins, and the deal should immediately boost profitability and earnings per share by 2028.

    This acquisition expands TTM's defense technology and is expected to add revenue and earnings, directly supporting the stock's value.

  • N+M technology ramp to add $600 million in second half TTM said its new N+M product family is ramping faster than expected, with about $600 million of business expected in the second half of 2026. Yields are better than planned, which should help profit margins in the third and fourth quarters. Data center and networking will be 49% of third-quarter sales.

    This shows a concrete new revenue stream with improving margins, reinforcing the growth story beyond the current quarter.

  • Raises $1.6 billion in debt for acquisitions TTM priced $500 million in senior notes at 6.75% and added over $1.1 billion in new loans to fund acquisitions. This increases debt and interest costs, but the company expects leverage to fall to 1.5–1.7 times within 12–18 months. If the Epiq deal fails, the notes must be redeemed.

    The financing is a major capital event that adds risk but also funds growth; it explains the mixed pressure on the stock.

July 2026
▲4

TTM's AI and defense demand drives record sales, raised guidance, and European expansion

  • Record Q2 sales and raised full-year guidance TTM reported record quarterly sales of $1.0 billion, up 37% from a year ago, and raised its full-year 2026 sales guidance to about $4.4 billion. Earnings per share hit an all-time high of $0.99, up 71%. This directly boosts investor confidence and supports a higher stock price.

    This is the core new financial result that shows the company's strong momentum and directly affects its valuation.

  • AI data center and defense demand fuel growth Sales to data center and networking customers surged 91% year-over-year and made up 40% of quarterly revenue. Aerospace and defense sales rose 14% and accounted for 37% of revenue. This shows TTM is benefiting from two powerful, long-term trends: AI infrastructure buildout and rising defense spending.

    It explains the underlying demand drivers that are pushing revenue and profits higher, which is central to the stock's rise.

  • European expansion through two acquisitions TTM agreed to acquire Swiss Technology Group and ILFA, giving it its first manufacturing footprint in Europe. These deals add medical, aerospace, and defense customers and are expected to be immediately accretive. This broadens TTM's reach and supports future growth, though integration adds some risk.

    It is a new strategic move that expands the company's geographic and customer base, directly affecting its growth outlook.

  • New Syracuse Ultra-HDI facility boosts defense capacity TTM opened a $130 million Ultra-HDI PCB plant in Syracuse, New York, with $30 million from the U.S. Department of War. The facility addresses a critical gap in domestic production for advanced defense electronics and creates up to 400 jobs. This positions TTM for higher-value defense contracts.

    It is a major capacity expansion that strengthens TTM's position in the growing defense market and supports long-term revenue growth.

▲4

TTM's AI and defense demand drives record sales, raised guidance, and European expansion

  • Record Q2 sales and raised full-year guidance TTM reported record quarterly sales of $1.0 billion, up 37% from a year ago, and raised its full-year 2026 sales guidance to about $4.4 billion. Earnings per share hit an all-time high of $0.99, up 71%. This directly boosts investor confidence and supports a higher stock price.

    This is the core new financial result that shows the company's strong momentum and directly affects its valuation.

  • AI data center and defense demand fuel growth Sales to data center and networking customers surged 91% year-over-year and made up 40% of quarterly revenue. Aerospace and defense sales rose 14% and accounted for 37% of revenue. This shows TTM is benefiting from two powerful, long-term trends: AI infrastructure buildout and rising defense spending.

    It explains the underlying demand drivers that are pushing revenue and profits higher, which is central to the stock's rise.

  • European expansion through two acquisitions TTM agreed to acquire Swiss Technology Group and ILFA, giving it its first manufacturing footprint in Europe. These deals add medical, aerospace, and defense customers and are expected to be immediately accretive. This broadens TTM's reach and supports future growth, though integration adds some risk.

    It is a new strategic move that expands the company's geographic and customer base, directly affecting its growth outlook.

  • New Syracuse Ultra-HDI facility boosts defense capacity TTM opened a $130 million Ultra-HDI PCB plant in Syracuse, New York, with $30 million from the U.S. Department of War. The facility addresses a critical gap in domestic production for advanced defense electronics and creates up to 400 jobs. This positions TTM for higher-value defense contracts.

    It is a major capacity expansion that strengthens TTM's position in the growing defense market and supports long-term revenue growth.

Jabil Circuit Inc (JBL)

Q3 2026
▲3▼1

Jabil's AI Surge Drives Upbeat Guidance and Buyback

  • AI Revenue Growth and Q4 Beat Jabil's AI revenue is set to hit $13.6B in fiscal 2026, up 51%, and Q4 revenue of $10.62B beat estimates by 10%, with AI making up 55% of sales. This shows the AI boom is fueling strong financial performance.

    This point directly explains the main driver of Jabil's strong quarter and future growth expectations.

  • Raised Fiscal 2027 Guidance and New Buyback Management raised fiscal 2027 revenue guidance to $44.5B and announced a new $1.5B buyback, with plans to return over 80% of free cash flow. This signals confidence in future cash generation and boosts shareholder returns.

    This point highlights new capital return plans and forward guidance that directly influence investor sentiment and stock price.

  • Akamai Deal Validates AI Supply-Chain Role Akamai's $1.7B memory purchase authorization further validates Jabil's critical role in the AI supply chain. This external endorsement reinforces Jabil's position as a key enabler of AI infrastructure.

    This point shows third-party validation of Jabil's AI supply-chain importance, a new development this period.

  • AI Dependence and Valuation Risks Risks include heavy dependence on AI demand, potential cyclicality if the boom cools, and shares already up 436% over five years, leaving less margin for error. These factors could pressure the stock if AI growth slows.

    This point provides a balanced view by highlighting key risks that could negatively impact Jabil's stock price.

September 2026
▲4

Jabil Beats on AI Demand, Raises Outlook and Buyback

  • Q4 Earnings Beat and Strong AI Infrastructure Growth Jabil reported Q4 revenue of $10.62 billion, up 28.6% and beating estimates by 10%, with adjusted EPS of $4.40. AI infrastructure revenue jumped 56% and made up 55% of sales, showing the company is a key supplier for AI data centers. This strong demand pushes the stock up.

    This is the core new event that directly answers why JBL is moving: a big earnings beat driven by AI demand.

  • Raised Fiscal 2027 Guidance and New $1.5 Billion Buyback Jabil guided fiscal 2027 revenue to $44.5 billion, up 24%, and core EPS to $17.55, both above consensus. It also announced a new $1.5 billion share repurchase plan and aims to return over 80% of free cash flow to shareholders. This boosts investor confidence and supports the stock price.

    Guidance and buyback are new forward-looking catalysts that affect future earnings and shareholder returns.

  • Akamai Authorizes $1.7 Billion Memory Component Purchase Akamai authorized Jabil to buy about $1.7 billion of memory components on its behalf, tied to Akamai's expanded AI contract with Anthropic. This shows Jabil's role in the AI supply chain and could lead to more revenue, pushing the stock up.

    This is a new, specific deal that highlights Jabil's growing AI-related business and demand.

  • Fiscal 2026 Revenue Outlook Raised to ~$35 Billion Jabil raised its fiscal 2026 revenue outlook to about $35 billion, implying 17% growth, on momentum in AI and improving automotive and other end markets. This shows management's confidence in continued strong demand across its diversified portfolio.

    This is a new outlook update that signals future growth and supports the positive investment case.

Latest
▲4

Jabil Beats on AI Demand, Raises Outlook and Buyback

  • Q4 Earnings Beat and Strong AI Infrastructure Growth Jabil reported Q4 revenue of $10.62 billion, up 28.6% and beating estimates by 10%, with adjusted EPS of $4.40. AI infrastructure revenue jumped 56% and made up 55% of sales, showing the company is a key supplier for AI data centers. This strong demand pushes the stock up.

    This is the core new event that directly answers why JBL is moving: a big earnings beat driven by AI demand.

  • Raised Fiscal 2027 Guidance and New $1.5 Billion Buyback Jabil guided fiscal 2027 revenue to $44.5 billion, up 24%, and core EPS to $17.55, both above consensus. It also announced a new $1.5 billion share repurchase plan and aims to return over 80% of free cash flow to shareholders. This boosts investor confidence and supports the stock price.

    Guidance and buyback are new forward-looking catalysts that affect future earnings and shareholder returns.

  • Akamai Authorizes $1.7 Billion Memory Component Purchase Akamai authorized Jabil to buy about $1.7 billion of memory components on its behalf, tied to Akamai's expanded AI contract with Anthropic. This shows Jabil's role in the AI supply chain and could lead to more revenue, pushing the stock up.

    This is a new, specific deal that highlights Jabil's growing AI-related business and demand.

  • Fiscal 2026 Revenue Outlook Raised to ~$35 Billion Jabil raised its fiscal 2026 revenue outlook to about $35 billion, implying 17% growth, on momentum in AI and improving automotive and other end markets. This shows management's confidence in continued strong demand across its diversified portfolio.

    This is a new outlook update that signals future growth and supports the positive investment case.

July 2026
▲4

Jabil's AI-Driven Growth Fuels Upgrades and Capital Returns

  • AI Revenue Surge Jabil expects $13.6 billion in AI-related revenue for fiscal 2026, up 51%, driven by booming demand for AI infrastructure. This growth is a key reason analysts are optimistic and see the stock as a multibagger candidate.

    This is the core driver of Jabil's growth story and directly explains why the stock is moving up.

  • Analyst Upgrades and Price Target Hikes Baird, Goldman Sachs, and UBS raised price targets or upgraded the stock, citing strong Q3 results and accelerating AI revenue. UBS sees 28% upside, reinforcing positive sentiment.

    Analyst actions directly influence investor perception and can drive buying pressure.

  • Capital Returns and Operational Efficiency Jabil declared a dividend and announced a $1.5 billion share repurchase, signaling confidence and returning cash to shareholders. The new AI-enabled logistics hub in Penang should improve efficiency and support margins.

    These actions show financial strength and operational improvements that can boost investor confidence.

  • Attractive Valuation Despite a 436% five-year gain, Jabil trades at a discount to intrinsic value estimates, with a DCF suggesting $515 per share and a P/E below fair value. This potential undervaluation could attract value investors.

    Valuation is a key factor in investment decisions and suggests room for price appreciation.

▲4

Jabil's AI-Driven Growth Fuels Upgrades and Capital Returns

  • AI Revenue Surge Jabil expects $13.6 billion in AI-related revenue for fiscal 2026, up 51%, driven by booming demand for AI infrastructure. This growth is a key reason analysts are optimistic and see the stock as a multibagger candidate.

    This is the core driver of Jabil's growth story and directly explains why the stock is moving up.

  • Analyst Upgrades and Price Target Hikes Baird, Goldman Sachs, and UBS raised price targets or upgraded the stock, citing strong Q3 results and accelerating AI revenue. UBS sees 28% upside, reinforcing positive sentiment.

    Analyst actions directly influence investor perception and can drive buying pressure.

  • Capital Returns and Operational Efficiency Jabil declared a dividend and announced a $1.5 billion share repurchase, signaling confidence and returning cash to shareholders. The new AI-enabled logistics hub in Penang should improve efficiency and support margins.

    These actions show financial strength and operational improvements that can boost investor confidence.

  • Attractive Valuation Despite a 436% five-year gain, Jabil trades at a discount to intrinsic value estimates, with a DCF suggesting $515 per share and a P/E below fair value. This potential undervaluation could attract value investors.

    Valuation is a key factor in investment decisions and suggests room for price appreciation.

Q2 2026
▲3

Jabil's AI-Driven Guidance Raise and India Expansion Lift Outlook

  • Guidance Raise on AI Demand Jabil raised its full-year profit and revenue forecasts, citing extremely strong AI infrastructure demand. This directly boosts investor confidence and pushes the stock up because it signals future earnings will be higher than previously expected.

    This is the core new event that drove the stock to a record high and answers why JBL is moving.

  • Q3 Beat and Third Hyperscaler Jabil beat quarterly estimates and secured a third hyperscale customer, reinforcing its AI growth strategy. This matters because it shows the company can repeatedly win large contracts, supporting a higher stock price.

    It provides concrete evidence of execution and future revenue, key to the bullish case.

  • India Manufacturing Expansion Jabil more than doubled its India footprint and workforce, partnering with Adani for AI data center infrastructure. This expands capacity to meet rising demand, which should drive future revenue and lift the stock.

    It is a new strategic move that supports long-term growth and addresses supply constraints.

June 2026
▲3

Jabil's AI-Driven Guidance Raise and India Expansion Lift Outlook

  • Guidance Raise on AI Demand Jabil raised its full-year profit and revenue forecasts, citing extremely strong AI infrastructure demand. This directly boosts investor confidence and pushes the stock up because it signals future earnings will be higher than previously expected.

    This is the core new event that drove the stock to a record high and answers why JBL is moving.

  • Q3 Beat and Third Hyperscaler Jabil beat quarterly estimates and secured a third hyperscale customer, reinforcing its AI growth strategy. This matters because it shows the company can repeatedly win large contracts, supporting a higher stock price.

    It provides concrete evidence of execution and future revenue, key to the bullish case.

  • India Manufacturing Expansion Jabil more than doubled its India footprint and workforce, partnering with Adani for AI data center infrastructure. This expands capacity to meet rising demand, which should drive future revenue and lift the stock.

    It is a new strategic move that supports long-term growth and addresses supply constraints.

▲3

Jabil's AI-Driven Guidance Raise and India Expansion Lift Outlook

  • Guidance Raise on AI Demand Jabil raised its full-year profit and revenue forecasts, citing extremely strong AI infrastructure demand. This directly boosts investor confidence and pushes the stock up because it signals future earnings will be higher than previously expected.

    This is the core new event that drove the stock to a record high and answers why JBL is moving.

  • Q3 Beat and Third Hyperscaler Jabil beat quarterly estimates and secured a third hyperscale customer, reinforcing its AI growth strategy. This matters because it shows the company can repeatedly win large contracts, supporting a higher stock price.

    It provides concrete evidence of execution and future revenue, key to the bullish case.

  • India Manufacturing Expansion Jabil more than doubled its India footprint and workforce, partnering with Adani for AI data center infrastructure. This expands capacity to meet rising demand, which should drive future revenue and lift the stock.

    It is a new strategic move that supports long-term growth and addresses supply constraints.

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