Sanmina (SANM) to Report Q1 Earnings with 53.7% Revenue Growth Expected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 25 2026
0mins
Should l Buy SANM?
Source: seekingalpha
- Earnings Forecast: Sanmina anticipates Q1 2024 EPS of $2.15, reflecting a 49.3% year-over-year increase, which indicates a significant improvement in profitability and is likely to boost investor confidence.
- Revenue Expectations: The company expects Q1 revenue to reach $3.09 billion, representing a 53.7% year-over-year growth, showcasing Sanmina's success in meeting market demand and expanding its business.
- Historical Performance: Over the past two years, Sanmina has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, demonstrating reliability in financial forecasting that may attract more investor interest.
- Estimate Revisions: In the last three months, there have been two upward revisions for both EPS and revenue estimates, indicating increased analyst confidence in the company's future performance, which could drive stock price appreciation.
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Analyst Views on SANM
Wall Street analysts forecast SANM stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 141.290
Low
180.00
Averages
180.00
High
180.00
Current: 141.290
Low
180.00
Averages
180.00
High
180.00
About SANM
Sanmina Corporation is a global provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It provides end-to-end manufacturing solutions, delivering support to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Its operations are managed in two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS segment consists of printed circuit board assembly and test, high-level assembly and test and direct-order-fulfillment. CPS includes advanced printed circuit boards, backplanes and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts and plastic injected molded parts. Its products include optical, radio frequency and microelectronic design and manufacturing services, multi-chip package memory solutions, high-performance storage platforms and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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