Sanmina Corporation (SANM)

We reiterate our Outperform, raise our target from $200 to $250, and increase F2026/2027E (Sept) EPS from $10.05/$11.10 to $11.00/$12.75 on Sanmina (SANM; $188.08) after a big FQ2 (Mar) “beat and raise” confirmed to us…

The shares of Sanmina (SANM; $175.46; O/P) have now almost fully “reversed course” from the end of March, by a remarkable 40%+, to levels that still leave it nearly 5% shy of where the stock…

The shares of Sanmina (SANM; $130.90; O/P) are down 28% over the past two months or back to where the stock was when the company completed the acquisition of ZT Systems’ data center infrastructure manufacturing…

We think this morning’s news that Advanced Micro Devices (AMD; $211.68; NR) entered into a new, multi-year, multi-gen GPU and CPU strategic agreement with Meta Platforms (META; $635.88; NR) proves extremely bullish for Sanmina (SANM;…

We are raising our F2026/F2027E (Sep) EPS on Sanmina (SANM; $182.54; O/P) from $9.00/$10.30 to $10.05/$11.00 after the company demonstrated some healthy revenue growth in its legacy business with FQ1 (Dec) results and guidance, while…

Sanmina (SANM; $182.54; O/P) reported FQ1 (Dec) non-GAAP EPS of $2.38, which were well ahead of our $2.10 and the Street’s $2.13 on healthy sales upside ($3,190mm vs. our $3,050mm and the Street’s $3,076mm). Recall,…

We reiterate our Outperform and bump up our target from $185 to $200 on the shares of Sanmina (SANM; $174.73;) ahead of its FQ1 (Dec) results and guidance, scheduled for next Monday (1/26 after market)….

We think last Monday’s (1/5) keynote from Advanced Micro Devices’ (AMD; $203.17; NR) CEO Lisa Su at the Consumer Electronics Show (CES) in Las Vegas should add confidence for investors assessing the mid-term EPS potential…

This morning, Sanmina (SANM; $146.01; O/P) announced plans to open a new manufacturing facility in Houston, TX, as part of the company’s ambitions to expand further into energy markets that are currently ~5% of total…

We reiterate our Outperform and raise our target from $170 to $185 on the shares of Sanmina (SANM; $140.34) after a healthy FQ4 (Sept) EPS beat from its “legacy” business. SANM also indicated the just…

Sanmina (SANM; $140.34; O/P) reported FQ4 (Sep) non-GAAP EPS of $1.67, which was comfortably ahead of our $1.58 and the Street’s $1.57 with some solid sales upside ($2,096mm vs. our $2,068mm and the Street’s $2,057mm)….

This morning, Sanmina (SANM; $136.00; O/P) announced it completed the previously announced acquisition of the ZT Systems data center infrastructure business from AMD (AMD; $254.16; NR), which we continue to view as transformational for the…

We reiterate our Outperform and $170 target on the shares of Sanmina (SANM; $129.59) ahead of the company’s upcoming FQ4 (Sep) results and guidance. Broadly speaking, we see the FQ4 print tied to SANM’s current…

We reiterate our Outperform on the shares of Sanmina (SANM; $142.06) and raise our target from $140 to $170 after Advanced Micro Devices (AMD; $212.68; NR) announced a multi-year, multi-generation strategic agreement with OpenAI whereby…

Earlier this week, StorOne, a developer of software-defined storage technology, announced a partnership with Sanmina’s (SANM; $118.90; O/P) Viking Enterprise Solutions subsidiary. Recall, Viking is a provider of what we view as an underappreciated, albeit…