Sanmina Corporation

NasdaqGS:SANM 株式レポート

時価総額：US$13.7b

Sanmina 過去の業績

過去 基準チェック /16

Sanminaの収益は年間平均-0.1%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間3.8% 5.5%割合で 増加しています。 Sanminaの自己資本利益率は10.5%であり、純利益率は2.3%です。

主要情報

-0.14%

収益成長率

4.26%

EPS成長率

Electronic 業界の成長15.34%
収益成長率5.52%
株主資本利益率10.51%
ネット・マージン2.29%
前回の決算情報28 Mar 2026

最近の業績更新

分析記事 • Nov 10

Sanmina's (NASDAQ:SANM) Earnings Offer More Than Meets The Eye

Investors signalled that they were pleased with Sanmina Corporation's ( NASDAQ:SANM ) most recent earnings report...

Recent updates

Seeking Alpha • Jun 11

Sanmina's ZT Systems Gamble Is Paying Off Faster Than Anyone Expected

Summary Sanmina is rated buy, driven by the transformative ZT Systems acquisition, which doubled revenue and improved profitability from day one. ZT's AMD-based server platforms position SANM at the center of hyperscaler AI infrastructure spend, with a major Nvidia-driven revenue catalyst expected this September. SANM trades discounted to EMS peers on EV/NTM revenue, with 14% base case upside and up to 45% in the bull scenario if Nvidia ramps as planned. Risks include hyperscaler customer concentration, insider selling, and increased leverage post-acquisition, but strong FCF and margin expansion support the bullish thesis. Read the full article on Seeking Alpha
ナラティブの更新 • Jun 01

SANM: Neutral Coverage And Buybacks Will Constrain Future Margin And P/E Repricing

Analysts have lifted the Sanmina price target from $173.75 to $212.25, reflecting updated assumptions on future P/E, revenue growth, discount rate and profit margin that align with recent neutral initiations from major firms. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated P/E assumptions as reasonable given current profitability expectations, which supports the higher price target without relying on aggressive multiple expansion.
ナラティブの更新 • Apr 24

SANM: Neutral Coverage And Buybacks Will Shape Future Margin And P/E Expectations

Analysts have nudged up the fair value estimate for Sanmina by $5 to $173.75. This reflects updated views on margins, discount rate, and future P/E following fresh initiations and a higher price target from recent research coverage.
新しいナラティブ • Apr 14

AI Infrastructure And Energy Demands Will Drive Powerful Long Term Upside Potential

Catalysts About Sanmina Sanmina provides advanced electronics manufacturing and end to end system integration services across communications, cloud and AI infrastructure, industrial, energy, medical, defense, automotive and transportation markets. What are the underlying business or industry changes driving this perspective?
ナラティブの更新 • Apr 06

SANM: Neutral Coverage And Buybacks Will Support Future P/E Re rating

Analysts have trimmed their Sanmina fair value estimate to $168.75 from $197.50, as new coverage with neutral views and updated assumptions for growth, margins and future P/E settle into a tighter, more measured price target range. Analyst Commentary Recent Street research around Sanmina has centered on recalibrated price targets and fresh coverage with neutral views, which together frame a more balanced risk reward profile around the stock.
新しいナラティブ • Mar 30

Heavy AI Infrastructure Dependence Will Pressure Margins Yet Eventually Support Stronger Earnings

Catalysts About Sanmina Sanmina provides electronics manufacturing and related services for communication networks, cloud and AI infrastructure, industrial and energy, medical, defense, aerospace, automotive and transportation customers. What are the underlying business or industry changes driving this perspective?
ナラティブの更新 • Mar 22

SANM: Higher Long-Term P/E And Buybacks Will Support Bullish Outlook

Analysts have raised their price targets on Sanmina, with Argus increasing its target by $30 and BofA setting a target of $190, citing updated views that support a refreshed valuation backdrop for the stock. Analyst Commentary Recent price target moves on Sanmina signal that research desks are revisiting their assumptions around what the company is worth and how well it can execute against current expectations.
ナラティブの更新 • Mar 07

SANM: Higher Long-Term P/E And Energy Expansion Will Support Bullish Outlook

Analysts have raised their Sanmina price targets by $10 to $30, citing updated views on the company’s discount rate and long-term P/E assumptions that support a revised valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price targets as better aligned with an updated discount rate and P/E framework, which they argue provides a more consistent approach to valuing Sanmina over the long term.
ナラティブの更新 • Feb 21

SANM: Higher Future P/E Will Support Bullish Long-Term Cash Flow Outlook

Analysts have raised their price targets on Sanmina by $30 to $190, citing updated views on its future P/E multiple and fine tuning their assumptions around discount rates, revenue growth and profit margins. Analyst Commentary Recent research updates focus less on the dollar move in Sanmina's price target and more on what sits behind it, particularly how analysts are thinking about the stock's P/E multiple and the inputs they use to value future cash flows.
ナラティブの更新 • Feb 06

SANM: Energy Expansion And Higher Future P/E Will Support Bullish Outlook

Analysts nudged their fair value estimate for Sanmina up from US$195.00 to US$197.50, citing refreshed models that incorporate updated assumptions for the discount rate, revenue growth, profit margins, and a higher future P/E multiple reflected in recent Street research price target revisions. Analyst Commentary Recent Street research has focused on how Sanmina’s refreshed assumptions feed into valuation and execution risk, with price targets moving higher as analysts revisit their models.
ナラティブの更新 • Jan 23

SANM: Full Rack Integration And Energy Expansion Will Shape Balanced Outlook

Narrative Update: Sanmina Analysts have lifted their fair value estimate for Sanmina to $195 from $190, citing recent price target increases tied to a strong fiscal Q4 update, signs of improvement in the communications end market, and added full rack assembly capability from ZT Systems, while still flagging integration and macro risks. Analyst Commentary Recent research updates on Sanmina focus on how the company is executing after its fiscal Q4 report and how that ties into a higher fair value view.
ナラティブの更新 • Jan 09

SANM: Full Rack Capability And AMD Ramp Will Drive Future Upside

Analysts have lifted their price target on Sanmina to US$180 from US$150, citing a strong fiscal Q4 update supported by recovery in the communications end market and added full rack assembly capability from ZT Systems, while also flagging macro uncertainty as well as integration and ramp risks with the ZT and AMD partnership. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$180 price target as reflecting stronger confidence in Sanmina's ability to execute after its fiscal Q4 update.
ナラティブの更新 • Dec 18

SANM: AI Datacenter Rack Expansion Will Drive Future Upside Potential

Analysts nudged their price target on Sanmina higher to $180 from $150, citing a strong fiscal Q4, improving communications end market dynamics, and expanding AI datacenter rack opportunities, even as they flag ongoing macro uncertainty and execution risk around integrating and ramping the ZT Systems business with AMD. Analyst Commentary Bullish analysts highlight that the higher price target reflects greater confidence in Sanmina's medium term growth algorithm, supported by a stronger than expected fiscal Q4 and improving visibility in key growth markets.
ナラティブの更新 • Dec 04

SANM: AI Rack Assembly Expansion Will Drive Future Upside Potential

Analysts have raised their price target on Sanmina to $180 from $150, reflecting confidence in the company’s strengthening AI and communications end markets, while still acknowledging integration and macroeconomic risks. Analyst Commentary Bullish analysts view the higher price target as a reflection of Sanmina's improving positioning in AI and communications.
ナラティブの更新 • Nov 20

SANM: Full Rack Assembly Expansion Will Drive Momentum Amid Macro Uncertainty

Analysts have raised their price target on Sanmina from $150 to $180, citing stronger fiscal Q4 results, a recovering communications end market, and expanded capabilities. However, they note ongoing integration challenges and macroeconomic uncertainty.
分析記事 • Nov 10

Sanmina's (NASDAQ:SANM) Earnings Offer More Than Meets The Eye

Investors signalled that they were pleased with Sanmina Corporation's ( NASDAQ:SANM ) most recent earnings report...
分析記事 • Nov 06

Forecast: Analysts Think Sanmina Corporation's (NASDAQ:SANM) Business Prospects Have Improved Drastically

Sanmina Corporation ( NASDAQ:SANM ) shareholders will have a reason to smile today, with the analysts making...
ナラティブの更新 • Nov 06

SANM: Full Rack Assembly Expansion Will Balance Opportunity And Macroeconomic Risk

Sanmina's analyst price target has been raised significantly from $158.50 to $190.00. This increase reflects renewed optimism from analysts who highlight strong sector recovery and new business opportunities, despite ongoing macroeconomic and integration challenges.
ナラティブの更新 • Oct 22

Analysts Boost Sanmina Price Target Amid AI Datacenter Optimism and Cautious Growth Outlook

Sanmina's analyst price target has been raised significantly, climbing from $129.50 to $158.50. Analysts cite optimism around the company's key partnerships in the AI datacenter sector and its expanded manufacturing role, even though there are some uncertainties regarding the full extent of future opportunities.
ナラティブの更新 • Oct 08

Acquisition Of ZT Systems Will Fuel Enduring Electronics Momentum

Analysts have raised Sanmina's fair value estimate by $10 to $129.50, citing recent momentum from strategic data center partnerships and an increased focus on AI-related opportunities in the sector. Analyst Commentary Analysts remain divided on the trajectory and drivers of Sanmina's valuation, reflecting both optimism about recent developments and recognition of persistent risks and uncertainties.
ナラティブの更新 • Sep 05

Acquisition Of ZT Systems Will Fuel Enduring Electronics Momentum

Analysts view Sanmina’s acquisition of ZT Systems’ data center business and an improving revenue mix in cloud and AI as strategic positives balanced by macroeconomic headwinds and execution risks, resulting in no change to the consensus analyst price target, which remains at $119.50. Analyst Commentary Acquisition of ZT Systems’ data center infrastructure manufacturing business is seen as strategic, expected to grow Sanmina’s scale and increase revenue from cloud and AI segments.
分析記事 • Jul 19

Market Participants Recognise Sanmina Corporation's (NASDAQ:SANM) Earnings

With a price-to-earnings (or "P/E") ratio of 22.4x Sanmina Corporation ( NASDAQ:SANM ) may be sending bearish signals...
分析記事 • Jun 19

Estimating The Intrinsic Value Of Sanmina Corporation (NASDAQ:SANM)

Key Insights The projected fair value for Sanmina is US$79.23 based on 2 Stage Free Cash Flow to Equity Sanmina's...
Seeking Alpha • Apr 16

Sanmina: Fairly Re-Rated After Stabilization Arrived

Summary Sanmina has shown improved margins, earnings and significant buybacks, creating long-term shareholder value. The company provides end-to-end manufacturing solutions across diverse OEM segments, benefiting from long-term demand drivers but facing cyclicality and stable but low margins. 2024 was tough, but the company ended the year on a strong note, with prospects for growth in 2025 (ahead of the tariff discussions). Shares have traded between $60-$90, with stabilization and modest growth prospects, but I remain cautious as the easy money has been made. Read the full article on Seeking Alpha
Seeking Alpha • Jan 28

Sanmina: A Speculative Bet On Cloud, Cash, And Capital Discipline

Summary Sanmina Corporation, a leading integrated manufacturing solutions provider, has two main segments: Integrated Manufacturing Solutions and Components, Products, and Services. The stock has shown steady growth, gaining around 130% over five years, with recent Q1 2025 earnings beating estimates. Q1 2025 non-GAAP EPS of $1.44 and revenue of $2.01B both exceeded expectations, indicating strong performance. Core fundamentals and recent data suggest Sanmina remains a solid performer, making it a potentially worthwhile investment. Read the full article on Seeking Alpha

収支内訳

Sanmina の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NasdaqGS:SANM 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
28 Mar 2611,34126037133
27 Dec 259,31223033433
27 Sep 258,12824629031
28 Jun 258,04925928731
29 Mar 257,84924227930
28 Dec 247,70023027229
28 Sep 247,56822326629
29 Jun 247,60322325828
30 Mar 247,96924826527
30 Dec 238,45427525927
30 Sep 238,93531025526
01 Jul 239,10830625525
01 Apr 238,92430724723
31 Dec 228,51927624622
01 Oct 227,92024024721
02 Jul 227,32021924221
02 Apr 226,95525923821
01 Jan 226,73925823721
02 Oct 216,73825023521
03 Jul 216,98826423422
03 Apr 216,98519223622
02 Jan 216,87514923722
03 Oct 206,95013324123
27 Jun 206,97810825122
28 Mar 207,35010625824
28 Dec 197,88614226026
28 Sep 198,23414226028
29 Jun 198,21812325428
30 Mar 198,00411424929
29 Dec 187,5539725030
29 Sep 187,110-9625131
30 Jun 186,989-7025633
31 Mar 186,887-6825333
30 Dec 176,893-6125033
30 Sep 176,86913925234
01 Jul 176,77921424834
01 Apr 176,73820725135
31 Dec 166,66620625236
01 Oct 166,48118824538
02 Jul 166,45240224638
02 Apr 166,32239724437
02 Jan 166,23838223835
03 Oct 156,37537723933
27 Jun 156,42419423432

質の高い収益: SANMには$155.5M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が28th March, 2026に影響を及ぼしています。

利益率の向上: SANMの現在の純利益率 (2.3%)は、昨年(3.1%)よりも低くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: SANMの収益は過去 5 年間で年間0.1%減少しました。

成長の加速: SANMの過去 1 年間の収益成長率 ( 7.2% ) は、5 年間の平均 ( 年間-0.1%を上回っています。

収益対業界: SANMの過去 1 年間の収益成長率 ( 7.2% ) Electronic業界10.6%を上回りませんでした。

株主資本利益率

高いROE: SANMの 自己資本利益率 ( 10.5% ) は 低い とみなされます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/06/15 12:55
終値2026/06/12 00:00
収益2026/03/28
年間収益2025/09/27

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Sanmina Corporation 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15

アナリスト機関
James KelleherArgus Research Company
Ruplu BhattacharyaBofA Global Research
Andrew HuangB. Riley Securities, Inc.