Sanmina Corporation (SANM)
NASDAQ: SANM · Real-Time Price · USD
72.80
+1.45 (2.03%)
At close: Nov 4, 2024, 4:00 PM
73.00
+0.20 (0.27%)
After-hours: Nov 4, 2024, 4:22 PM EST
Sanmina Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Sanmina stock have an average target of 53.5, with a low estimate of 45 and a high estimate of 62. The average target predicts a decrease of -26.51% from the current stock price of 72.80.
Analyst Consensus: Sell
* Price targets were last updated on Apr 30, 2024.
Analyst Ratings
The average analyst rating for Sanmina stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $62 | Strong Buy → Hold | Downgrades | $62 | -14.84% | Apr 30, 2024 |
| B of A Securities | B of A Securities | Sell Initiates $45 | Sell | Initiates | $45 | -38.19% | Dec 15, 2023 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $78 | Hold → Strong Buy | Upgrades | $78 | +7.14% | Nov 8, 2022 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 31, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $65 → $70 | Strong Buy | Maintains | $65 → $70 | -3.85% | Aug 2, 2022 |
Financial Forecast
Revenue This Year
7.66B
from 8.94B
Decreased by -14.29%
Revenue Next Year
8.41B
from 7.66B
Increased by 9.75%
EPS This Year
5.34
from 5.18
Increased by 3.06%
EPS Next Year
6.23
from 5.34
Increased by 16.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9B | 8.9B | 9.3B |
| Avg | 7.7B | 8.4B | 9.0B |
| Low | 7.4B | 8.0B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.5% | 15.9% | 10.3% |
| Avg | -14.3% | 9.8% | 7.2% |
| Low | -17.7% | 4.3% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.55 | 6.65 | 7.62 |
| Avg | 5.34 | 6.23 | 7.41 |
| Low | 5.10 | 5.70 | 7.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.2% | 24.5% | 22.4% |
| Avg | 3.1% | 16.6% | 18.9% |
| Low | -1.6% | 6.8% | 14.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.