Sanmina (SANM) Stock Price, News & Analysis

Company Overview

Sanmina Corporation is a global electronics manufacturing services (EMS) provider offering end-to-end design, manufacturing and logistics solutions for original equipment manufacturers (OEMs). The company specializes in printed circuit board assemblies, backplanes, electromechanical systems, fiber optics, cable harnesses and complete box-build enclosures. Through its integrated manufacturing model, Sanmina supports product development from initial concept and prototyping through high-volume production and aftermarket services.

Serving high-reliability and high-complexity industries, Sanmina’s customer base spans the communications, cloud infrastructure, computing, industrial, medical, defense and aerospace, and automotive sectors. The company designs and manufactures mission-critical subsystems, including networking and storage solutions, RF microwave assemblies, power converters and precision mechanical components. Sanmina’s in-house engineering teams work closely with clients to optimize manufacturability, ensure compliance with industry standards and accelerate time to market.

Founded in the 1980s and headquartered in San Jose, California, Sanmina grew rapidly through strategic acquisitions and a landmark merger with SCI Systems in 2001. This combination created one of the largest independent EMS firms, enabling the expansion of its global footprint. Today the company operates more than 30 manufacturing sites across North America, Latin America, Europe and the Asia-Pacific region, supported by a network of design centers, regional fulfillment hubs and repair depots.

Under the leadership of Chairman and Chief Executive Officer Jure Sola, Sanmina continues to invest in advanced manufacturing technologies, including robotics, automation, test and data analytics. The company’s worldwide operations and technical capabilities allow it to partner with leading technology providers, delivering tailored solutions that address rapidly evolving market demands and stringent quality requirements.

Key Stats

• Today's Range: $103.26 to $105.06
• 50-Day Range: $78.70 to $104.34
• 52-Week Range: $61.52 to $105.72
• Volume: 200,687 shs
• Average Volume: 415,719 shs
• Market Capitalization: $5.56 billion
• P/E Ratio: 24.17
• Dividend Yield: N/A
• Price Target: $94.50
• Consensus Rating: Hold

Sanmina Stock Analysis - MarketRank™

Sanmina scored higher than 72% of companies evaluated by MarketBeat, and ranked 264th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sanmina has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sanmina has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 21.75%

Earnings Growth

Earnings for Sanmina are expected to grow by 21.75% in the coming year, from $5.15 to $6.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sanmina is 24.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sanmina is 24.28, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.98.

Price to Earnings Growth Ratio

Sanmina has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sanmina has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.93% of the float of Sanmina has been sold short.

Short Interest Ratio / Days to Cover

Sanmina has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Sanmina has recently increased by 16.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sanmina does not currently pay a dividend.

Dividend Growth

Sanmina does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.37

Percentage of Shares Shorted

3.93% of the float of Sanmina has been sold short.

Short Interest Ratio / Days to Cover

Sanmina has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Sanmina has recently increased by 16.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.51

News Sentiment

Sanmina has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Sanmina this week, compared to 7 articles on an average week.

Search Interest

2 people have searched for SANM on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Sanmina to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sanmina insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.22% of the stock of Sanmina is held by insiders.

Percentage Held by Institutions

92.71% of the stock of Sanmina is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SANM Stock Analysis - Frequently Asked Questions

How have SANM shares performed this year?

Sanmina's stock was trading at $75.67 on January 1st, 2025. Since then, SANM shares have increased by 38.6% and is now trading at $104.89.

How were Sanmina's earnings last quarter?

Sanmina Corporation (NASDAQ:SANM) announced its quarterly earnings data on Monday, April, 28th. The electronics maker reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.03. The business's quarterly revenue was up 8.1% compared to the same quarter last year.
Read the conference call transcript.

Is Sanmina doing a stock buyback?

Sanmina's Board of Directors initiated a share buyback plan on Monday, January 27th 2025, which permits the company to buy back $300,000,000 in shares, according to EventVestor. This means that the company could purchase up to 7.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Who are Sanmina's major shareholders?

Top institutional investors of Sanmina include Assenagon Asset Management S.A. (0.06%), Diversified Trust Co (0.04%), Redhawk Wealth Advisors Inc. (0.03%) and Delphi Management Inc. MA (0.03%). Insiders that own company stock include Jure Sola, Mario M Rosati, Kurt Adzema, Eugene A Delaney, Alan Mcwilliams Reid, Krish A Prabhu, John Goldsberry, Susan A Johnson, David V Hedley III and Brent Billinger.
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.

What other stocks do shareholders of Sanmina own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sanmina investors own include American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/28/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC MANUF SVS (EMS)
• Sub-Industry: Electronic Manufacturing Services
• Current Symbol: NASDAQ:SANM
• CIK: 897723
• Web: www.sanmina.com
• Phone: (408) 964-3500
• Fax: 408-964-3440
• Employees: 37,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Sanmina: $84.50
• High Price Target: $100.00
• Low Price Target: $69.00
• Potential Upside/Downside: -19.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.32
• Trailing P/E Ratio: 24.15
• Forward P/E Ratio: 20.26
• P/E Growth: 1.59
• Net Income: $222.54 million
• Net Margins: 3.09%
• Pretax Margin: 4.28%
• Return on Equity: 10.84%
• Return on Assets: 5.36%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.96
• Quick Ratio: 1.22

Sales & Book Value

• Annual Sales: $7.57 billion
• Price / Sales: 0.74
• Cash Flow: $6.75 per share
• Price / Cash Flow: 15.45
• Book Value: $43.21 per share
• Price / Book: 2.41

Miscellaneous

• Outstanding Shares: 53,460,000
• Free Float: 51,742,000
• Market Cap: $5.58 billion
• Optionable: Optionable
• Beta: 1.17