Acquisition Of ZT Systems Will Fuel Enduring Electronics Momentum

AN
AnalystConsensusTarget
Consensus Narrative from 2 Analysts
Published
03 Sep 24
Updated
07 Aug 25
AnalystConsensusTarget's Fair Value
US$114.50
2.6% overvalued intrinsic discount
07 Aug
US$117.51
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1Y
74.9%
7D
1.4%

Author's Valuation

US$114.5

2.6% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on31 Jul 25

Analysts see Sanmina’s recent acquisition and recovery in its communications end market boosting scale and margins, particularly in cloud/AI, but remain cautious due to macroeconomic headwinds and the importance of successful new program execution, resulting in an unchanged consensus price target of $114.50. Analyst Commentary Strategic acquisition of ZT Systems’ data center infrastructure manufacturing business is expected to increase Sanmina’s scale and cloud/AI revenues.

Shared on08 May 25
Fair value Increased 32%

Shared on30 Apr 25
Fair value Decreased 12%

AnalystConsensusTarget has decreased revenue growth from 7.9% to 7.0% and decreased future PE multiple from 14.2x to 12.4x.

Shared on23 Apr 25
Fair value Increased 4.91%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 3.59%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on11 Mar 25
Fair value Decreased 15%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.