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 |
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8-K - SANMINA CORP (0000897723) (Filer)
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SAN JOSE, Calif., June 17, 2025 /PRNewswire/ -- Viking Enterprise Solutions, a product division of Sanmina Corporation (NASDAQ:SANM), today announced Viking Edge AI, an Edge AI Computational Storage Appliance that eliminates the constraints of traditional edge computing deployment. Traditional edge architecture relies on constant data movement between the edge and the cloud because of limitations on storage, compute power and network access at the edge. This reduces efficiency due to challenges with latency, security, bandwidth and real time response. Viking Edge AI combines powerful compute, storage and network in one edge appliance allowing users to rapidly deploy their algorithms. Viking
$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