Sanmina (SANM) Stock Price, News & Analysis

+0.69 (+1.13%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
349,208 shs
Average Volume
496,591 shs
Market Capitalization
$3.50 billion
P/E Ratio
Dividend Yield
Price Target

Sanmina MarketRank™ Stock Analysis

Analyst Rating
2.00 Rating Score
1.4% Upside
$62.50 Price Target
Short Interest
2.12% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.72mentions of Sanmina in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$84,284 Sold Last Quarter
Proj. Earnings Growth
From $4.70 to $6.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.37 out of 5 stars

Computer And Technology Sector

114th out of 585 stocks

Printed Circuit Boards Industry

1st out of 10 stocks

SANM stock logo

About Sanmina Stock (NASDAQ:SANM)

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace product, design, manufacturing, repair, and refurbishment services; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.

SANM Stock Price History

SANM Stock News Headlines

Ambani seeks to disrupt electronics mkt
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Sanmina: A Balancing Act
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
SANM Jul 2024 30.000 put
13 Best Electronic Stocks To Buy Now
SANM Mar 2024 50.000 put
What To Do After Sanmina Gained Over 20%
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Printed circuit boards
Electronic Manufacturing Services
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
2 Analysts


Net Income
$309.97 million
Pretax Margin


Sales & Book Value

Annual Sales
$8.45 billion
Cash Flow
$7.98 per share
Book Value
$39.84 per share


Free Float
Market Cap
$3.50 billion
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SANM Stock Analysis - Frequently Asked Questions

Should I buy or sell Sanmina stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SANM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SANM, but not buy additional shares or sell existing shares.
View SANM analyst ratings
or view top-rated stocks.

What is Sanmina's stock price target for 2024?

2 Wall Street research analysts have issued 1 year price targets for Sanmina's shares. Their SANM share price targets range from $45.00 to $80.00. On average, they anticipate the company's share price to reach $62.50 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for SANM
or view top-rated stocks among Wall Street analysts.

How have SANM shares performed in 2024?

Sanmina's stock was trading at $51.37 at the start of the year. Since then, SANM shares have increased by 20.0% and is now trading at $61.66.
View the best growth stocks for 2024 here

When is Sanmina's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our SANM earnings forecast

How can I listen to Sanmina's earnings call?

Sanmina will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) released its quarterly earnings results on Monday, January, 29th. The electronics maker reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.08. The electronics maker had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion. Sanmina had a trailing twelve-month return on equity of 13.16% and a net margin of 3.25%. The business's revenue for the quarter was down 20.4% on a year-over-year basis. During the same period last year, the business earned $1.49 earnings per share.

How will Sanmina's stock buyback program work?

Sanmina announced that its board has authorized a stock buyback plan on Thursday, May 11th 2023, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

What guidance has Sanmina issued on next quarter's earnings?

Sanmina updated its second quarter 2024 earnings guidance on Monday, January, 29th. The company provided earnings per share guidance of 1.200-1.300 for the period, compared to the consensus EPS estimate of 1.090. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

What is Michael Clarke's approval rating as Sanmina's CEO?

75 employees have rated Sanmina Chief Executive Officer Michael Clarke on Michael Clarke has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Sanmina own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Micron Technology (MU), Intel (INTC), AbbVie (ABBV), Tesla (TSLA), Pfizer (PFE) and QUALCOMM (QCOM).

Who are Sanmina's major shareholders?

Sanmina's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (1.13%), State of Alaska Department of Revenue (0.19%), Allspring Global Investments Holdings LLC (0.13%), Louisiana State Employees Retirement System (0.05%), Pacifica Partners Inc. (0.04%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, David V Hedley III, Eugene A Delaney, John Goldsberry, Jure Sola, Kurt Adzema and Susan A Johnson.
View institutional ownership trends

How do I buy shares of Sanmina?

Shares of SANM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SANM) was last updated on 4/25/2024 by Staff

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