Sanmina (SANM) Stock Forecast, Price Target & Predictions
SANM Stock Forecast
Sanmina stock forecast is as follows: an average price target of $62.00 (represents a -7.57% downside from SANM’s last price of $67.08) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
SANM Price Target
The average price target for Sanmina (SANM) is $62.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $62.00 to $62.00. This represents a potential -7.57% downside from SANM's last price of $67.08.
SANM Analyst Ratings
According to 2 Wall Street analysts, Sanmina's rating consensus is 'Buy'. The analyst rating breakdown for SANM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sanmina Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Christian Schwab | Craig-Hallum | $62.00 | $64.00 | -3.13% | -7.57% |
| Aug 02, 2022 | - | Craig-Hallum | $70.00 | $48.78 | 43.49% | 4.35% |
The latest Sanmina stock forecast, released on Apr 30, 2024 by Christian Schwab from Craig-Hallum, set a price target of $62.00, which represents a -3.13% decrease from the stock price at the time of the forecast ($64.00), and a -7.57% decrease from SANM last price ($67.08).
Sanmina Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $62.00 |
| Last Closing Price | $67.08 | $67.08 | $67.08 |
| Upside/Downside | -100.00% | -100.00% | -7.57% |
In the current month, the average price target of Sanmina stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sanmina's last price of $67.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 30, 2024 | Craig-Hallum | Buy | Hold | Downgrade |
| Jan 31, 2023 | CFRA | - | Buy | Upgrade |
| Aug 02, 2022 | Craig-Hallum | Buy | Buy | Hold |
Sanmina's last stock rating was published by Craig-Hallum on Apr 30, 2024. The company Downgrade its SANM rating from "Buy" to "Hold".
Sanmina Financial Forecast
Sanmina Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.05B | $2.21B | $2.32B | $2.36B | $2.20B | $2.02B | $1.91B | $1.76B | $1.64B | $1.66B | $1.70B | - | $1.87B | $1.65B | $1.59B | $1.84B | $1.89B | $2.03B |
| Avg Forecast | $2.28B | $2.23B | $2.18B | $2.14B | $2.12B | $2.07B | $2.03B | $2.00B | $1.96B | $1.86B | $1.88B | $1.87B | $2.15B | $2.25B | $2.25B | $2.15B | $2.01B | $1.88B | $1.76B | $1.65B | $1.70B | $1.73B | $1.71B | $1.77B | $1.79B | $1.56B | $1.62B | $1.77B | $1.93B | $1.97B |
| High Forecast | $2.31B | $2.26B | $2.21B | $2.16B | $2.14B | $2.10B | $2.05B | $2.02B | $1.98B | $1.88B | $1.90B | $1.89B | $2.18B | $2.28B | $2.28B | $2.17B | $2.03B | $1.88B | $1.80B | $1.70B | $1.75B | $1.77B | $1.76B | $1.82B | $1.83B | $1.60B | $1.66B | $1.82B | $1.98B | $2.03B |
| Low Forecast | $2.27B | $2.22B | $2.17B | $2.13B | $2.11B | $2.06B | $2.02B | $1.99B | $1.95B | $1.85B | $1.88B | $1.86B | $2.12B | $2.24B | $2.24B | $2.14B | $2.00B | $1.88B | $1.73B | $1.63B | $1.67B | $1.70B | $1.69B | $1.74B | $1.76B | $1.53B | $1.59B | $1.74B | $1.90B | $1.94B |
| # Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.98% | 1.03% | 1.10% | 1.10% | 1.07% | 1.09% | 1.06% | 0.97% | 0.96% | 0.99% | - | 1.05% | 1.06% | 0.98% | 1.04% | 0.98% | 1.03% |
Sanmina's average Quarter revenue forecast for Dec 23 based on 1 analysts is $1.87B, with a low forecast of $1.86B, and a high forecast of $1.89B. SANM's average Quarter revenue forecast represents a -8.88% decrease compared to the company's last Quarter revenue of $2.05B (Sep 23).
Sanmina EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $87.58M | $129.85M | $139.26M | $150.46M | $149.13M | $120.51M | $118.44M | $111.67M | $105.29M | $101.50M | $131.11M | $98.31M | - | $114.21M | $96.95M | $45.17M | $87.54M | $89.33M | $95.78M |
| Avg Forecast | $127.33M | $124.54M | $121.75M | $119.52M | $118.34M | $115.69M | $113.26M | $111.75M | $109.30M | $103.84M | $114.63M | $104.42M | $120.19M | $125.67M | $104.21M | $120.07M | $116.16M | $104.94M | $94.74M | $92.39M | $105.60M | $119.78M | $78.41M | $77.99M | $74.09M | $48.75M | $57.65M | $74.86M | $81.21M | $89.57M |
| High Forecast | $128.80M | $125.98M | $123.15M | $120.89M | $119.71M | $117.02M | $114.56M | $113.04M | $110.56M | $105.04M | $137.56M | $105.62M | $121.73M | $127.12M | $125.05M | $121.46M | $139.40M | $104.94M | $113.69M | $94.84M | $126.72M | $143.74M | $94.09M | $93.59M | $88.91M | $58.50M | $69.18M | $89.83M | $97.46M | $107.48M |
| Low Forecast | $126.80M | $124.02M | $121.24M | $119.02M | $117.85M | $115.20M | $112.78M | $111.28M | $108.84M | $103.41M | $91.71M | $103.99M | $118.65M | $125.14M | $83.37M | $119.57M | $92.93M | $104.94M | $75.79M | $90.86M | $84.48M | $95.83M | $62.73M | $62.39M | $59.27M | $39.00M | $46.12M | $59.89M | $64.97M | $71.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.08% | 1.11% | 1.44% | 1.24% | 1.04% | 1.13% | 1.18% | 1.14% | 0.96% | 1.09% | 1.25% | - | 1.54% | 1.99% | 0.78% | 1.17% | 1.10% | 1.07% |
0 analysts predict SANM's average Quarter EBITDA for Mar 24 to be $114.63M, with a high of $137.56M and a low of $91.71M. This is 30.90% upper than Sanmina's previous annual EBITDA (Dec 23) of $87.58M.
Sanmina Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $75.80M | $61.84M | $76.49M | $79.62M | $88.40M | $64.72M | $79.54M | $53.22M | $48.02M | $56.56M | $117.38M | $47.04M | - | $51.61M | $44.88M | $4.88M | $38.34M | $19.76M | $42.92M |
| Avg Forecast | $107.75M | $104.35M | $100.95M | $98.11M | $91.68M | $87.05M | $82.37M | $81.81M | $77.98M | $72.59M | $56.11M | $69.38M | $87.05M | $87.05M | $51.01M | $78.38M | $64.74M | $63.17M | $46.37M | $55.34M | $58.85M | $107.23M | $37.52M | $35.57M | $33.48M | $22.57M | $6.23M | $32.79M | $17.96M | $40.13M |
| High Forecast | $109.36M | $105.91M | $102.46M | $99.58M | $93.05M | $88.35M | $83.61M | $83.03M | $79.14M | $73.68M | $67.33M | $69.95M | $88.19M | $88.35M | $61.21M | $79.55M | $77.68M | $63.17M | $55.64M | $57.24M | $70.62M | $128.68M | $45.02M | $42.69M | $40.17M | $27.08M | $7.48M | $39.35M | $21.55M | $48.16M |
| Low Forecast | $107.17M | $103.78M | $100.40M | $97.58M | $91.19M | $86.58M | $81.93M | $81.36M | $77.55M | $72.20M | $44.89M | $68.80M | $86.48M | $86.58M | $40.81M | $77.95M | $51.79M | $63.17M | $37.10M | $54.14M | $47.08M | $85.79M | $30.01M | $28.46M | $26.78M | $18.05M | $4.98M | $26.23M | $14.37M | $32.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.71% | 0.88% | 1.56% | 1.13% | 1.00% | 1.26% | 1.15% | 0.87% | 0.96% | 1.09% | 1.25% | - | 1.54% | 1.99% | 0.78% | 1.17% | 1.10% | 1.07% |
Sanmina's average Quarter net income forecast for Mar 24 is $56.11M, with a range of $44.89M to $67.33M. SANM's average Quarter net income forecast represents a -25.98% decrease compared to the company's last Quarter net income of $75.80M (Dec 23).
Sanmina SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $8.34M | $62.12M | $68.83M | $63.39M | $60.73M | $59.77M | $61.51M | $61.82M | $58.97M | $56.99M | $57.44M | $61.14M | - | $56.21M | $59.31M | $62.26M | $63.15M | $66.05M | $66.77M |
| Avg Forecast | $73.17M | $71.56M | $69.96M | $68.67M | $68.00M | $66.47M | $65.08M | $64.21M | $62.80M | $59.67M | $65.17M | $60.00M | $69.06M | $72.21M | $59.25M | $68.99M | $65.22M | $60.30M | $53.86M | $53.09M | $59.29M | $52.47M | $48.77M | $43.68M | $36.46M | $29.83M | $79.46M | $54.00M | $60.05M | $62.43M |
| High Forecast | $74.01M | $72.38M | $70.76M | $69.46M | $68.78M | $67.24M | $65.83M | $64.95M | $63.53M | $60.35M | $78.21M | $60.69M | $69.94M | $73.04M | $71.10M | $69.79M | $78.27M | $60.30M | $64.63M | $54.49M | $71.15M | $62.97M | $58.52M | $52.42M | $43.76M | $35.79M | $95.36M | $64.80M | $72.05M | $74.92M |
| Low Forecast | $72.86M | $71.26M | $69.66M | $68.39M | $67.72M | $66.19M | $64.80M | $63.94M | $62.54M | $59.42M | $52.14M | $59.75M | $68.18M | $71.91M | $47.40M | $68.71M | $52.18M | $60.30M | $43.09M | $52.20M | $47.43M | $41.98M | $39.01M | $34.94M | $29.17M | $23.86M | $63.57M | $43.20M | $48.04M | $49.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.14% | 0.90% | 0.95% | 1.07% | 0.88% | 0.92% | 1.02% | 1.15% | 1.11% | 0.96% | 1.09% | 1.25% | - | 1.54% | 1.99% | 0.78% | 1.17% | 1.10% | 1.07% |
Sanmina's average Quarter SG&A projection for Mar 24 is $65.17M, based on 0 Wall Street analysts, with a range of $52.14M to $78.21M. The forecast indicates a 681.43% rise compared to SANM last annual SG&A of $8.34M (Dec 23).
Sanmina EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.34 | $1.08 | $1.32 | $1.37 | $1.53 | $1.12 | $1.33 | $0.85 | $0.74 | $0.87 | $1.79 | $0.72 | - | $0.77 | $0.66 | $0.07 | $0.55 | $0.28 | $0.62 |
| Avg Forecast | $1.90 | $1.84 | $1.78 | $1.73 | $1.62 | $1.53 | $1.45 | $1.44 | $1.38 | $1.28 | $1.25 | $1.22 | $1.53 | $1.53 | $1.55 | $1.38 | $1.33 | $1.11 | $1.01 | $0.95 | $0.99 | $0.91 | $0.83 | $0.81 | $0.78 | $0.35 | $0.55 | $0.69 | $0.77 | $0.77 |
| High Forecast | $1.93 | $1.87 | $1.81 | $1.76 | $1.64 | $1.56 | $1.47 | $1.46 | $1.40 | $1.30 | $1.27 | $1.23 | $1.56 | $1.56 | $1.57 | $1.40 | $1.35 | $1.11 | $1.05 | $0.98 | $1.03 | $0.94 | $0.86 | $0.84 | $0.80 | $0.36 | $0.57 | $0.72 | $0.79 | $0.80 |
| Low Forecast | $1.89 | $1.83 | $1.77 | $1.72 | $1.61 | $1.53 | $1.44 | $1.43 | $1.37 | $1.27 | $1.25 | $1.21 | $1.52 | $1.53 | $1.54 | $1.37 | $1.33 | $1.11 | $0.99 | $0.93 | $0.97 | $0.89 | $0.82 | $0.80 | $0.76 | $0.34 | $0.54 | $0.68 | $0.75 | $0.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 0.70% | 0.86% | 0.88% | 1.11% | 0.84% | 1.19% | 0.84% | 0.78% | 0.88% | 1.96% | 0.86% | - | 0.99% | 1.88% | 0.13% | 0.79% | 0.37% | 0.81% |
According to 0 Wall Street analysts, Sanmina's projected average Quarter EPS for Mar 24 is $1.25, with a low estimate of $1.25 and a high estimate of $1.27. This represents a -6.57% decrease compared to SANM previous annual EPS of $1.34 (Dec 23).
Sanmina Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APH | Amphenol | $63.58 | $98.58 | 55.05% | Buy |
| CLS | Celestica | $45.87 | $61.50 | 34.07% | Buy |
| OSIS | OSI Systems | $145.39 | $176.50 | 21.40% | Buy |
| JBL | Jabil | $105.90 | $126.80 | 19.74% | Buy |
| MEI | Methode Electronics | $10.57 | $12.50 | 18.26% | Hold |
| FLEX | Flex | $29.80 | $28.00 | -6.04% | Buy |
| SANM | Sanmina | $67.08 | $62.00 | -7.57% | Buy |
| PLXS | Plexus | $126.21 | $109.00 | -13.64% | Buy |
| BHE | Benchmark Electronics | $42.32 | $34.00 | -19.66% | Buy |
| FN | Fabrinet | $230.04 | $173.57 | -24.55% | Hold |
SANM Forecast FAQ
Is Sanmina a good buy?
Yes, according to 2 Wall Street analysts, Sanmina (SANM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of SANM's total ratings.
What is SANM's price target?
Sanmina (SANM) average price target is $62 with a range of $62 to $62, implying a -7.57% from its last price of $67.08. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sanmina stock go up soon?
According to Wall Street analysts' prediction for SANM stock, the company can go down by -7.57% (from the last price of $67.08 to the average price target of $62), down by -7.57% based on the highest stock price target, and down by -7.57% based on the lowest stock price target.
Can Sanmina stock reach $100?
SANM's average twelve months analyst stock price target of $62 does not support the claim that Sanmina can reach $100 in the near future.
What are Sanmina's analysts' financial forecasts?
Sanmina's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $8.22B (high $8.31B, low $8.18B), average EBITDA is $459.04M (high $464.32M, low $457.12M), average net income is $342.91M (high $348.04M, low $341.05M), average SG&A $263.76M (high $266.79M, low $262.66M), and average EPS is $6.05 (high $6.14, low $6.01). SANM's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $8.83B (high $8.93B, low $8.79B), average EBITDA is $493.14M (high $498.82M, low $491.08M), average net income is $411.15M (high $417.31M, low $408.92M), average SG&A $283.36M (high $286.62M, low $282.17M), and average EPS is $7.25 (high $7.36, low $7.21).
Did the SANM's actual financial results beat the analysts' financial forecasts?
Based on Sanmina's last annual report (Sep 2023), the company's revenue was $8.94B, beating the average analysts forecast of $8.8B by 1.51%. Apple's EBITDA was $573.39M, beating the average prediction of $470.15M by 21.96%. The company's net income was $309.97M, beating the average estimation of $303.49M by 2.13%. Apple's SG&A was $255.07M, missing the average forecast of $269.51M by -5.36%. Lastly, the company's EPS was $5.36, missing the average prediction of $6 by -10.70%. In terms of the last quarterly report (Sep 2023), Sanmina's revenue was $2.05B, missing the average analysts' forecast of $2.15B by -4.65%. The company's EBITDA was $129.85M, beating the average prediction of $120.19M by 8.04%. Sanmina's net income was $61.84M, missing the average estimation of $87.05M by -28.96%. The company's SG&A was $62.12M, missing the average forecast of $69.06M by -10.04%. Lastly, the company's EPS was $1.08, missing the average prediction of $1.53 by -29.64%