Sanmina Corporation's stock is on the rise, buoyed by impressive quarterly results and positive market sentiment.
Sanmina Corporation (NASDAQ:SANM) is gaining today, reflecting a 1.37% increase in its stock price. The electronics manufacturing services company has shown strong performance in its latest quarterly results, which have positively influenced investor sentiment.
Investor takeaway: Investors are optimistic about Sanmina's growth potential, especially as the company continues to benefit from trends in industrial automation and connectivity.
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Sanmina Corporation
SANM.US
SANM.US
Sanmina Corporation
WealthAwesomeMarket cap
$11.89B
P/E
39.7x
52W high
$288.68
52W low
$111.52
1W change
+13.35%
Beta
1.60
Analyst Price Targets
Based on 4 analysts covering SANM · as of Sep 17, 2026
Wall Street analysts forecast SANM stock price to rise 17.2% over the next 12 months.
Consensus
Buy3.50 / 5.00
Avg. Target
C$260.00
+17.2% Upside
Current Price
C$221.89
Last close
Analyst Breakdown (4 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SANM's historical volatility
30-Day Vol
59.6%
Annualized
90-Day Vol
74.8%
Annualized
Trend (90d)
-33.7%
Annualized drift
90d Mean
C$196.75
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$213.17 | C$173.56 – C$261.82 |
| 60 trading days | C$204.80 | C$153.13 – C$273.89 |
| 90 trading days | C$196.75 | C$137.81 – C$280.90 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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69.7% Year-on-Year Revenue Growth
Sanmina's revenues reached $3.46 billion, exceeding analysts' forecasts and highlighting the company's robust performance amidst a challenging market landscape.
Bull case
Sanmina's recent earnings report revealed an impressive 69.7% year-on-year revenue growth, surpassing analyst expectations. The company's strong position in the AI and IoT sectors indicates solid future demand, especially as it integrates new acquisitions that could significantly boost revenue streams.
Bear case
Despite the positive quarterly results, Sanmina's guidance for the next quarter fell slightly short of expectations. Additionally, the broader economic environment, including rising interest rates, could pose risks to future growth.
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Strong Earnings Drive Stock Performance
Sanmina Corporation reported revenues of $3.46 billion for the latest quarter, marking a significant 69.7% increase year-on-year. This performance not only surpassed analysts' expectations but also positioned Sanmina as a leader in the electrical systems sector. The company's Chairman and CEO, Jure Sola, expressed confidence in their operational efficiency and market demand, stating, 'We delivered another great quarter.'
Market Sentiment and Future Outlook
The positive momentum in Sanmina's stock is also attributed to favorable market conditions for technology and industrial automation. As the company continues to leverage trends like IoT connectivity and the 5G telecom upgrade cycle, investors are keenly watching how these developments will impact future earnings. However, caution remains as analysts noted that the company's guidance for the next quarter was slightly below expectations, which may temper enthusiasm.
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