Craig Hallum downgraded Sanmina from Buy to Hold and set a new price target of $62.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/29/2025 | $58.00 → $92.00 | Underperform → Neutral | BofA Securities |
| 4/30/2024 | $62.00 | Buy → Hold | Craig Hallum |
| 3/6/2024 | $80.00 | Overweight | Fox Advisors |
| 12/15/2023 | $45.00 | Underperform | BofA Securities |
| 11/8/2022 | $78.00 | Neutral → Buy | Sidoti |
| 10/31/2022 | Buy → Neutral | Sidoti | |
| 12/22/2021 | $61.00 | Buy | Sidoti |
| 11/9/2021 | $46.00 → $38.00 | Neutral → Underperform | BofA Securities |
$3 billion in cash and stock, inclusive of a contingent payment of up to $450 millionAMD retains ZT Systems' rack-scale AI solutions design and customer enablement expertise to accelerate quality and time-to-deployment for cloud customersDivestiture and preferred NPI manufacturing partnership with Sanmina consistent with intentions announced at the time of ZT Systems acquisition SANTA CLARA, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced it has entered into a definitive agreement to sell ZT Systems' U.S.-headquartered data center infrastructure manufacturing business to Sanmina (NASDAQ:SANM), a leading integrated manufacturing solutions company. As part of the t
Transformational Acquisition Increases Sanmina's Scale and End-Market Exposure to Cloud and AI Infrastructure Planned Divestiture by AMD Creates Preferred NPI Manufacturing Partnership with Sanmina, a Leading IMS Company Purchase Price of $2.55 Billion Cash and Equity, Plus $450 Million in Contingent Consideration, Totaling Up to $3 Billion Transaction Expected to be Accretive to Non-GAAP EPS in First Year Post-Close Sanmina to Host Conference Call Today at 8:30 a.m. ET (5:30 a.m. PT) SAN JOSE, Calif., May 19, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced that it has entered into a definitive agreeme
SAN JOSE, Calif., April 28, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the second quarter ended March 29, 2025 and outlook for its third fiscal quarter ending June 28, 2025. Second Quarter Fiscal 2025 Financial Highlights Revenue: $1.98 billionGAAP operating margin: 4.6%GAAP diluted EPS: $1.16Non-GAAP(1) operating margin: 5.6%Non-GAAP(1) diluted EPS: $1.41Additional Highlights Cash flow from operations: $157 millionFree cash flow(2): $126 millionShare repurchases: 1.03 million shares for $84 millionEnding cash and cash equivalents: $647 million(1) See Schedu
SAN JOSE, Calif., March 12, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced the appointment of Michael J. Loparco to the Company's Board of Directors, effective March 10, 2025. Mr. Loparco is a seasoned executive with over 25 years of experience building and growing highly technical and global manufacturing businesses. Most recently, he served as CEO of Symbotic, an AI and software-driven warehouse robotics and automation company where he led the company's successful IPO. Before Symbotic, Mr. Loparco spent more than two decades at Jabil Inc., where he held various senior leadership pos
SAN JOSE, Calif., Dec. 5, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, announced today that Jon Faust has been appointed Executive Vice President and Chief Financial Officer, effective December 18, 2023. Kurt Adzema, who previously held this role, will remain with the Company in an advisory capacity until January 5, 2024. Faust brings over 20 years of finance, accounting, controls, and operations experience in large, public, multinational companies. Faust previously served as Global Controller and Head of Finance Transformation & Corporate Services at HP Inc., which he joined in August 2021. He was
SAN JOSE, Calif., June 13, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced the appointment of Susan K. Barnes and Mythili Sankaran to the Company's Board of Directors effective June 12, 2023. Susan K. BarnesBarnes has over 30 years of experience in financial management with private and public technology companies. Before retiring, Barnes was Executive Vice President and Chief Financial Officer of Pacific Biosciences, Inc., a life sciences technology company, from 2010 to 2020. During her tenure, she was instrumental in the company's IPO and equity follow-ons. From 1997 to 2005, Barnes
8-K - SANMINA CORP (0000897723) (Filer)
SCHEDULE 13G - SANMINA CORP (0000897723) (Subject)
S-8 - SANMINA CORP (0000897723) (Filer)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
Transformational Acquisition Increases Sanmina's Scale and End-Market Exposure to Cloud and AI Infrastructure Planned Divestiture by AMD Creates Preferred NPI Manufacturing Partnership with Sanmina, a Leading IMS Company Purchase Price of $2.55 Billion Cash and Equity, Plus $450 Million in Contingent Consideration, Totaling Up to $3 Billion Transaction Expected to be Accretive to Non-GAAP EPS in First Year Post-Close Sanmina to Host Conference Call Today at 8:30 a.m. ET (5:30 a.m. PT) SAN JOSE, Calif., May 19, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced that it has entered into a definitive agreeme
SAN JOSE, Calif., April 28, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the second quarter ended March 29, 2025 and outlook for its third fiscal quarter ending June 28, 2025. Second Quarter Fiscal 2025 Financial Highlights Revenue: $1.98 billionGAAP operating margin: 4.6%GAAP diluted EPS: $1.16Non-GAAP(1) operating margin: 5.6%Non-GAAP(1) diluted EPS: $1.41Additional Highlights Cash flow from operations: $157 millionFree cash flow(2): $126 millionShare repurchases: 1.03 million shares for $84 millionEnding cash and cash equivalents: $647 million(1) See Schedu
SAN JOSE, Calif., April 21, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its second quarter fiscal 2025 earnings conference call on Monday, April 28, 2025 at 5:00 PM ET. The live webcast presentation and supporting materials will be available on the Sanmina website at www.sanmina.com in the Investor Relations section. A webcast replay will be available at the same location upon the conclusion of the event. About SanminaSanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology lead
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
BofA Securities upgraded Sanmina from Underperform to Neutral and set a new price target of $92.00 from $58.00 previously
Craig Hallum downgraded Sanmina from Buy to Hold and set a new price target of $62.00
Fox Advisors initiated coverage of Sanmina with a rating of Overweight and set a new price target of $80.00