Sanmina Corporation (SANM)
NASDAQ: SANM · IEX Real-Time Price · USD
65.64
+0.36 (0.55%)
At close: Jul 2, 2024, 4:00 PM
64.90
-0.74 (-1.13%)
After-hours: Jul 2, 2024, 4:38 PM EDT
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 -18.49% from the current stock price of 65.64.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 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 | -5.55% | Apr 30, 2024 |
| B of A Securities | B of A Securities | Sell Initiates $45 | Sell | Initiates | $45 | -31.44% | Dec 15, 2023 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $78 | Hold → Strong Buy | Upgrades | $78 | +18.83% | 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 $70 | Strong Buy | Maintains | $70 | +6.64% | Aug 2, 2022 |
Financial Forecast
Revenue This Year
7.79B
from 8.94B
Decreased by -12.77%
Revenue Next Year
8.83B
from 7.79B
Increased by 13.28%
EPS This Year
5.48
from 5.18
Increased by 5.82%
EPS Next Year
6.54
from 5.48
Increased by 19.32%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 8.1B | 9.2B |
| Avg | 7.8B | 8.8B |
| Low | 7.4B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -8.9% | 17.7% |
| Avg | -12.8% | 13.3% |
| Low | -17.5% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.92 | 7.21 |
| Avg | 5.48 | 6.54 |
| Low | 5.12 | 6.08 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 14.3% | 31.6% |
| Avg | 5.8% | 19.3% |
| Low | -1.2% | 10.8% |
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.