Sanmina (SANM) Stock Forecast, Price Target & Predictions

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SANM Stock Forecast

Sanmina stock forecast is as follows: an average price target of $62.00 (represents a -20.08% downside from SANM’s last price of $77.58) 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 -20.08% downside from SANM's last price of $77.58.

SANM Analyst Ratings

Buy

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%	-20.08%
Aug 02, 2022	-	Craig-Hallum	$70.00	$48.78	43.49%	-9.77%

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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 -20.08% decrease from SANM last price ($77.58).

Sanmina Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$62.00
Last Closing Price	$77.58	$77.58	$77.58
Upside/Downside	-100.00%	-100.00%	-20.08%

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 $77.58. 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

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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	$2.27B	$2.19B	$2.13B	$2.13B	$2.15B	$2.05B	$1.99B	$1.98B	$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	$2.19B	$2.13B	$2.14B	$2.16B	$2.06B	$1.99B	$1.98B	$1.96B	$1.86B	$1.88B	$1.87B	$2.18B	$2.26B	$2.26B	$2.16B	$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	$2.26B	$2.18B	$2.12B	$2.12B	$2.14B	$2.04B	$1.98B	$1.97B	$1.96B	$1.86B	$1.88B	$1.86B	$2.12B	$2.24B	$2.24B	$2.14B	$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	2	2	1	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 $1.86B, 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	2	2	1	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	$133.75M	$128.74M	$125.36M	$125.65M	$126.88M	$120.85M	$117.09M	$116.56M	$115.32M	$109.56M	$114.63M	$110.17M	$126.81M	$132.59M	$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	$134.06M	$129.04M	$125.65M	$125.94M	$127.18M	$121.13M	$117.37M	$116.83M	$115.32M	$109.56M	$137.56M	$110.43M	$128.43M	$132.90M	$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	$133.23M	$128.24M	$124.87M	$125.16M	$126.39M	$120.38M	$116.63M	$116.11M	$115.32M	$109.56M	$91.71M	$109.74M	$125.19M	$132.07M	$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 %	-	-	-	-	-	-	-	-	-	-	-	0.79%	1.02%	1.05%	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	2	2	1	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	$102.63M	$97.57M	$92.23M	$92.79M	$89.27M	$83.23M	$77.32M	$76.20M	$76.62M	$71.98M	$56.11M	$68.79M	$86.32M	$86.32M	$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	$102.94M	$97.86M	$92.50M	$93.07M	$89.54M	$83.48M	$77.56M	$76.75M	$76.97M	$73.62M	$67.33M	$69.36M	$87.45M	$86.58M	$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	$102.11M	$97.07M	$91.76M	$92.32M	$88.82M	$82.80M	$76.93M	$75.64M	$76.27M	$70.34M	$44.89M	$68.23M	$85.76M	$85.88M	$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 %	-	-	-	-	-	-	-	-	-	-	-	1.10%	0.72%	0.89%	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	2	2	1	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	$74.47M	$71.69M	$69.80M	$69.96M	$70.65M	$67.29M	$65.20M	$64.90M	$64.21M	$61.00M	$65.17M	$61.34M	$70.61M	$73.83M	$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	$74.65M	$71.85M	$69.96M	$70.13M	$70.81M	$67.45M	$65.35M	$65.05M	$64.21M	$61.00M	$78.21M	$61.49M	$71.51M	$74.00M	$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	$74.18M	$71.41M	$69.53M	$69.69M	$70.37M	$67.03M	$64.94M	$64.65M	$64.21M	$61.00M	$52.14M	$61.10M	$69.70M	$73.54M	$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%	0.88%	0.93%	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	2	2	1	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	$1.82	$1.74	$1.64	$1.65	$1.59	$1.48	$1.38	$1.35	$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	$1.83	$1.74	$1.64	$1.65	$1.59	$1.48	$1.38	$1.36	$1.37	$1.31	$1.26	$1.23	$1.56	$1.54	$1.61	$1.39	$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	$1.82	$1.73	$1.63	$1.64	$1.58	$1.47	$1.37	$1.35	$1.36	$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 $1.26. 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	$9.03	$12.50	38.43%	Hold
APH	Amphenol	$70.89	$92.85	30.98%	Buy
OSIS	OSI Systems	$159.19	$176.00	10.56%	Buy
JBL	Jabil	$128.18	$131.50	2.59%	Buy
FLEX	Flex	$39.83	$37.25	-6.48%	Buy
FN	Fabrinet	$226.30	$182.14	-19.51%	Hold
SANM	Sanmina	$77.58	$62.00	-20.08%	Buy
PLXS	Plexus	$156.65	$119.00	-24.03%	Buy
CLS	Celestica	$86.98	$65.50	-24.70%	Buy
BHE	Benchmark Electronics	$47.04	$34.00	-27.72%	Buy

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 -20.08% from its last price of $77.58. 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 -20.08% (from the last price of $77.58 to the average price target of $62), down by -20.08% based on the highest stock price target, and down by -20.08% based on the lowest stock price target.

Can Sanmina stock reach $120?

SANM's average twelve months analyst stock price target of $62 does not support the claim that Sanmina can reach $120 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 $8.17B (high $8.19B, low $8.14B), average EBITDA is $481.39M (high $482.51M, low $479.51M), average net income is $326.02M (high $327.33M, low $324.2M), average SG&A $268.04M (high $268.67M, low $266.99M), and average EPS is $5.8 (high $5.82, low $5.77). SANM's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $8.72B (high $8.74B, low $8.68B), average EBITDA is $513.51M (high $514.7M, low $511.5M), average net income is $385.21M (high $386.37M, low $383.25M), average SG&A $285.92M (high $286.59M, low $284.81M), and average EPS is $6.85 (high $6.87, low $6.82).

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 $449.4M by 27.59%. The company's net income was $309.97M, beating the average estimation of $262.78M by 17.96%. Apple's SG&A was $255.07M, beating the average forecast of $251.73M by 1.33%. 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 $126.81M by 2.40%. Sanmina's net income was $61.84M, missing the average estimation of $86.32M by -28.36%. The company's SG&A was $62.12M, missing the average forecast of $70.61M by -12.01%. Lastly, the company's EPS was $1.08, missing the average prediction of $1.53 by -29.64%