Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; manufacturing of components, subassemblies, and complete systems; high-level assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, enterprise, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. The company sells its products and services primarily to original equipment manufacturers that serve the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
IPO Year: 1993
Exchange: NASDAQ
Website: sanmina.com
| 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 |
8-K - SANMINA CORP (0000897723) (Filer)
SCHEDULE 13G - SANMINA CORP (0000897723) (Subject)
S-8 - SANMINA CORP (0000897723) (Filer)
10-Q - SANMINA CORP (0000897723) (Filer)
8-K - SANMINA CORP (0000897723) (Filer)
SCHEDULE 13G/A - SANMINA CORP (0000897723) (Subject)
8-K - SANMINA CORP (0000897723) (Filer)
144 - SANMINA CORP (0000897723) (Subject)
DEFA14A - SANMINA CORP (0000897723) (Filer)
144 - SANMINA CORP (0000897723) (Subject)
$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., 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
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., Jan. 27, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the first quarter ended December 28, 2024 and outlook for its second fiscal quarter ending March 29, 2025. First Quarter Fiscal 2025 Financial Highlights • Revenue: $2.01 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $1.16 • Non-GAAP(1) operating margin: 5.6% • Non-GAAP(1) diluted EPS: $1.44 Additional Highlights • Cash flow from operations: $64 million • Free cash flow(2): $47 million • Share repurchases: 0.2 million shares for $16 million • Endi
SAN JOSE, Calif., Jan. 16, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its first quarter fiscal 2025 earnings conference call on Monday, January 27, 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 lea
SAN JOSE, Calif., Nov. 4, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended September 28, 2024 and outlook for its fiscal first quarter ending December 28, 2024. Fourth Quarter Fiscal 2024 Financial Highlights • Revenue: $2.02 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $1.09 • Non-GAAP(1) operating margin: 5.3% • Non-GAAP(1) diluted EPS: $1.43 Fiscal Year 2024 Financial Highlights • Revenue: $7.57 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $3.91 • Non-GAAP(1) operating m
SAN JOSE, Calif., Oct. 28, 2024 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its fourth quarter and fiscal year 2024 earnings conference call on Monday, November 4, 2024 at 4:30 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 serv
SAN JOSE, Calif., Oct. 8, 2024 /PRNewswire/ -- 42Q, a Sanmina division, a leading provider of cloud-based Manufacturing Execution Systems (MES), announces the launch and immediate availability of 42Q Connected Manufacturing. An innovative solution that addresses manufacturing supply challenges in real-time, providing global visibility, optimization and manufacturing supply insights. "Working with our customers and manufacturing partners around the world, it became clear that the legacy approach to collecting and processing multiple data sets from different factories, suppliers, and partners, forced companies to make critical decisions from stale, inaccurate, or incomplete data," said Manesh
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
4 - SANMINA CORP (0000897723) (Issuer)
3 - 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
BofA Securities resumed coverage of Sanmina with a rating of Underperform and set a new price target of $45.00
Sidoti upgraded Sanmina from Neutral to Buy and set a new price target of $78.00
Sidoti downgraded Sanmina from Buy to Neutral
Sidoti initiated coverage of Sanmina with a rating of Buy and set a new price target of $61.00
BofA Securities downgraded Sanmina from Neutral to Underperform and set a new price target of $38.00 from $46.00 previously
Craig Hallum reiterated coverage of Sanmina with a rating of Buy and set a new price target of $53.00 from $46.00 previously
Argus downgraded Sanmina from Buy to Hold
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
SAN JOSE, Calif., Dec. 8, 2022 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced the appointment of David V. Hedley III to the Company's Board of Directors, effective December 5, 2022. Hedley has 30 years of Wall Street experience as an investment banker with a focus on the technology sector. He is currently the Chief Strategy Officer of Bramshill Investments, LLC. Bramshill Investments is an asset management firm with $4.5 billion under management offering alternative fixed-income strategies. Hedley is responsible for leading strategic initiatives, developing the corporate vision, and manag
SAN JOSE, Calif., Dec. 10, 2021 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today announced the appointment of Susan Johnson, a seasoned executive, to the Company's Board of Directors, effective December 6, 2021. With more than 30 years of cross functional high-end technology experience, Ms. Johnson currently serves as Executive Vice President of Global Connections and Supply Chain for AT&T Communications Inc. She is responsible for AT&T's international and domestic partnership development for network access connections and roaming, and for AT&T's procurement and supply chain organizations. She began w
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
SAN JOSE, Calif., Jan. 27, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the first quarter ended December 28, 2024 and outlook for its second fiscal quarter ending March 29, 2025. First Quarter Fiscal 2025 Financial Highlights • Revenue: $2.01 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $1.16 • Non-GAAP(1) operating margin: 5.6% • Non-GAAP(1) diluted EPS: $1.44 Additional Highlights • Cash flow from operations: $64 million • Free cash flow(2): $47 million • Share repurchases: 0.2 million shares for $16 million • Endi
SAN JOSE, Calif., Jan. 16, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its first quarter fiscal 2025 earnings conference call on Monday, January 27, 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 lea
SAN JOSE, Calif., Nov. 4, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended September 28, 2024 and outlook for its fiscal first quarter ending December 28, 2024. Fourth Quarter Fiscal 2024 Financial Highlights • Revenue: $2.02 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $1.09 • Non-GAAP(1) operating margin: 5.3% • Non-GAAP(1) diluted EPS: $1.43 Fiscal Year 2024 Financial Highlights • Revenue: $7.57 billion • GAAP operating margin: 4.4% • GAAP diluted EPS: $3.91 • Non-GAAP(1) operating m
SAN JOSE, Calif., Oct. 28, 2024 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its fourth quarter and fiscal year 2024 earnings conference call on Monday, November 4, 2024 at 4:30 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 serv
SAN JOSE, Calif., July 29, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal third quarter ended June 29, 2024 and outlook for its fiscal fourth quarter ending September 28, 2024. Third Quarter Fiscal 2024 Financial Highlights Revenue: $1.84 billionGAAP operating margin: 4.5%GAAP diluted EPS: $0.91Non-GAAP(1) operating margin: 5.3%Non-GAAP(1) diluted EPS: $1.25Cash flow from operations: $90 millionEnding cash and cash equivalents: $658 million(1) See Schedule 1 below for information regarding the items excluded from and our use of non-GAAP financial measur
SAN JOSE, Calif., July 19, 2024 /PRNewswire/ -- Sanmina Corporation (NASDAQ:SANM) announced today that it will host its third quarter fiscal 2024 earnings conference call on Monday, July 29, 2024 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 leader,
SAN JOSE, Calif., April 29, 2024 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ:SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal second quarter ended March 30, 2024 and outlook for its fiscal third quarter ending June 29, 2024. Second Quarter Fiscal 2024 Financial Highlights Revenue: $1.83 billionGAAP operating margin: 4.1%GAAP diluted EPS: $0.93Non-GAAP(1) operating margin: 5.4%Non-GAAP(1) diluted EPS: $1.30Cash flow from operations: $72 millionEnding cash and cash equivalents: $651 million(1)See Schedule 1 below for more information regarding our use of non-GAAP financial measures. A reconciliation of th
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)
SC 13G/A - SANMINA CORP (0000897723) (Subject)