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 -14.84% downside from SANM’s last price of $72.80) 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 -14.84% downside from SANM's last price of $72.80.
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% | -14.84% |
| Aug 02, 2022 | - | Craig-Hallum | $70.00 | $48.78 | 43.49% | -3.85% |
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 -14.84% decrease from SANM last price ($72.80).
Sanmina Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $62.00 |
| Last Closing Price | $72.80 | $72.80 | $72.80 |
| Upside/Downside | -100.00% | -100.00% | -14.84% |
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 $72.80. 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 | $2.28B | $2.23B | $2.18B | $2.14B | $2.12B | $2.07B | $2.03B | $2.00B | $1.96B | $1.86B | $1.88B | $1.87B | $2.18B | $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 |
| Low 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 | $2.12B | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 18 | 9 | 8 | 8 | 11 |
| 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 $1.87B, and a high forecast of $1.87B. 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 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 18 | 9 | 8 | 8 | 11 |
| 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 | $85.79M | $112.32M | $104.94M | $94.74M | $92.39M | $95.10M | $96.48M | $78.41M | $99.09M | $99.73M | $86.97M | $57.65M | $98.99M | $107.64M | $110.26M |
| High Forecast | $127.33M | $124.54M | $121.75M | $119.52M | $118.34M | $115.69M | $113.26M | $111.75M | $109.30M | $103.84M | $137.56M | $104.42M | $121.73M | $125.67M | $125.05M | $102.95M | $112.32M | $104.94M | $113.69M | $92.39M | $95.10M | $96.48M | $94.09M | $99.09M | $99.73M | $86.97M | $69.18M | $98.99M | $107.64M | $110.26M |
| Low Forecast | $127.33M | $124.54M | $121.75M | $119.52M | $118.34M | $115.69M | $113.26M | $111.75M | $109.30M | $103.84M | $91.71M | $104.42M | $118.65M | $125.67M | $83.37M | $68.63M | $112.32M | $104.94M | $75.79M | $92.39M | $95.10M | $96.48M | $62.73M | $99.09M | $99.73M | $86.97M | $46.12M | $98.99M | $107.64M | $110.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.08% | 1.11% | 1.44% | 1.74% | 1.07% | 1.13% | 1.18% | 1.14% | 1.07% | 1.36% | 1.25% | - | 1.15% | 1.11% | 0.78% | 0.88% | 0.83% | 0.87% |
1 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 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 18 | 9 | 8 | 8 | 11 |
| 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 | $77.27M | $72.59M | $56.11M | $69.38M | $87.05M | $87.05M | $51.01M | $39.13M | $75.61M | $63.18M | $46.37M | $53.89M | $56.26M | $51.66M | $37.52M | $46.18M | $43.97M | $19.93M | $6.23M | $39.24M | $43.49M | $43.67M |
| High Forecast | $107.75M | $104.35M | $100.95M | $98.11M | $91.68M | $87.05M | $82.37M | $81.81M | $78.40M | $74.24M | $67.33M | $69.95M | $88.19M | $87.05M | $61.21M | $46.95M | $77.36M | $64.33M | $55.64M | $53.89M | $56.26M | $54.51M | $45.02M | $46.18M | $43.97M | $19.93M | $7.48M | $39.24M | $43.49M | $43.67M |
| Low Forecast | $107.75M | $104.35M | $100.95M | $98.11M | $91.68M | $87.05M | $82.37M | $81.81M | $75.58M | $70.94M | $44.89M | $68.80M | $86.48M | $87.05M | $40.81M | $31.30M | $73.86M | $62.03M | $37.10M | $53.89M | $56.26M | $48.82M | $30.01M | $46.18M | $43.97M | $19.93M | $4.98M | $39.24M | $43.49M | $43.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.71% | 0.88% | 1.56% | 2.26% | 0.86% | 1.26% | 1.15% | 0.89% | 1.01% | 2.27% | 1.25% | - | 1.17% | 2.25% | 0.78% | 0.98% | 0.45% | 0.98% |
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 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 18 | 9 | 8 | 8 | 11 |
| 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 | $48.05M | $64.54M | $60.30M | $53.86M | $53.09M | $54.64M | $55.44M | $48.77M | $56.94M | $57.31M | $49.97M | $79.46M | $56.88M | $61.85M | $63.35M |
| High Forecast | $73.17M | $71.56M | $69.96M | $68.67M | $68.00M | $66.47M | $65.08M | $64.21M | $62.80M | $59.67M | $78.21M | $60.00M | $69.94M | $72.21M | $71.10M | $57.66M | $64.54M | $60.30M | $64.63M | $53.09M | $54.64M | $55.44M | $58.52M | $56.94M | $57.31M | $49.97M | $95.36M | $56.88M | $61.85M | $63.35M |
| Low Forecast | $73.17M | $71.56M | $69.96M | $68.67M | $68.00M | $66.47M | $65.08M | $64.21M | $62.80M | $59.67M | $52.14M | $60.00M | $68.18M | $72.21M | $47.40M | $38.44M | $64.54M | $60.30M | $43.09M | $53.09M | $54.64M | $55.44M | $39.01M | $56.94M | $57.31M | $49.97M | $63.57M | $56.88M | $61.85M | $63.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.14% | 0.90% | 0.95% | 1.07% | 1.26% | 0.93% | 1.02% | 1.15% | 1.11% | 1.04% | 1.04% | 1.25% | - | 0.98% | 1.19% | 0.78% | 1.11% | 1.07% | 1.05% |
Sanmina's average Quarter SG&A projection for Mar 24 is $65.17M, based on 1 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 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 18 | 9 | 8 | 8 | 11 |
| 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 | $1.36 | $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 | $1.90 | $1.84 | $1.78 | $1.73 | $1.62 | $1.53 | $1.45 | $1.44 | $1.38 | $1.31 | $1.25 | $1.23 | $1.56 | $1.53 | $1.61 | $1.38 | $1.36 | $1.13 | $1.01 | $0.95 | $0.99 | $0.96 | $0.83 | $0.81 | $0.78 | $0.35 | $0.55 | $0.69 | $0.77 | $0.77 |
| Low Forecast | $1.90 | $1.84 | $1.78 | $1.73 | $1.62 | $1.53 | $1.45 | $1.44 | $1.33 | $1.25 | $1.25 | $1.21 | $1.52 | $1.53 | $1.49 | $1.38 | $1.30 | $1.09 | $1.01 | $0.95 | $0.99 | $0.86 | $0.83 | $0.81 | $0.78 | $0.35 | $0.55 | $0.69 | $0.77 | $0.77 |
| 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 1 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 $1.25. 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 |
|---|---|---|---|---|---|
| MEI | Methode Electronics | $9.16 | $12.50 | 36.46% | Hold |
| APH | Amphenol | $68.22 | $92.85 | 36.10% | Buy |
| OSIS | OSI Systems | $132.65 | $176.00 | 32.68% | Buy |
| JBL | Jabil | $127.30 | $131.50 | 3.30% | Buy |
| FLEX | Flex | $35.20 | $35.75 | 1.56% | Buy |
| CLS | Celestica | $72.32 | $65.50 | -9.43% | Buy |
| SANM | Sanmina | $72.80 | $62.00 | -14.84% | Buy |
| PLXS | Plexus | $148.09 | $119.00 | -19.64% | Buy |
| BHE | Benchmark Electronics | $45.16 | $34.00 | -24.71% | Buy |
| FN | Fabrinet | $239.61 | $173.57 | -27.56% | 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 -14.84% from its last price of $72.8. 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 -14.84% (from the last price of $72.8 to the average price target of $62), down by -14.84% based on the highest stock price target, and down by -14.84% based on the lowest stock price target.
Can Sanmina stock reach $110?
SANM's average twelve months analyst stock price target of $62 does not support the claim that Sanmina can reach $110 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 $8.22B, low $8.22B), average EBITDA is $459.04M (high $459.04M, low $459.04M), average net income is $342.91M (high $342.91M, low $342.91M), average SG&A $263.76M (high $263.76M, low $263.76M), and average EPS is $6.05 (high $6.05, low $6.05). SANM's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $8.83B (high $8.83B, low $8.83B), average EBITDA is $493.14M (high $493.14M, low $493.14M), average net income is $411.15M (high $411.15M, low $411.15M), average SG&A $283.36M (high $283.36M, low $283.36M), and average EPS is $7.25 (high $7.25, low $7.25).
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 $435.87M by 31.55%. The company's net income was $309.97M, beating the average estimation of $264.24M by 17.31%. Apple's SG&A was $255.07M, beating the average forecast of $248.56M by 2.62%. 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%