Sanmina Corporation (SANM)
NASDAQ: SANM · IEX Real-Time Price · USD
62.97
+0.28 (0.45%)
At close: Apr 26, 2024, 4:00 PM
63.54
+0.57 (0.91%)
After-hours: Apr 26, 2024, 4:52 PM EDT
Sanmina Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Sanmina stock has a target of 45, which predicts a decrease of -28.54% from the current stock price of 62.97.
Analyst Consensus: Sell
* Price targets were last updated on Dec 15, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Sanmina is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Initiates $45 | Sell | Initiates | $45 | -28.54% | Dec 15, 2023 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $78 | Hold → Strong Buy | Upgrades | $78 | +23.87% | 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 | +11.16% | Aug 2, 2022 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Nov 9, 2021 |
Financial Forecast
Revenue This Year
8.02B
from 8.94B
Decreased by -10.25%
Revenue Next Year
8.96B
from 8.02B
Increased by 11.75%
EPS This Year
5.54
from 5.18
Increased by 7.04%
EPS Next Year
6.56
from 5.54
Increased by 18.32%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 8.3B | 9.5B |
| Avg | 8.0B | 9.0B |
| Low | 7.6B | 8.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.8% | 17.8% |
| Avg | -10.3% | 11.7% |
| Low | -14.4% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.92 | 7.20 |
| Avg | 5.54 | 6.56 |
| Low | 5.20 | 6.12 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 14.3% | 29.9% |
| Avg | 7.0% | 18.3% |
| Low | 0.5% | 10.3% |
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.