Celestica's Stock Performance: Celestica, Inc. (CLS) shares have surged 139% over the past six months, significantly outperforming the Electronics - Manufacturing Services industry and competitors like Jabil and Sanmina.
Growth Drivers and Strategic Collaborations: The company's growth is fueled by strong demand in its Connectivity & Cloud Solutions segment, bolstered by collaborations with tech giants like Broadcom and AMD, as well as a focus on AI investments.
Capital Management and Inventory Strategy: Celestica maintains strong capital discipline with low capital expenditure relative to revenue and is ramping up inventory in anticipation of increased demand, indicating a stable cash cycle.
Global Operations and Resilience: Operating in 16 countries, Celestica's diversified manufacturing network and strategic investments in capacity expansion help mitigate geopolitical risks, positioning the company well for future growth opportunities.
SANM
$146.84+Infinity%1D
Analyst Views on SANM
Wall Street analysts forecast SANM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SANM is 180.00 USD with a low forecast of 180.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast SANM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SANM is 180.00 USD with a low forecast of 180.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 158.170
Low
180.00
Averages
180.00
High
180.00
Current: 158.170
Low
180.00
Averages
180.00
High
180.00
BofA
Ruplu Bhattacharya
Neutral
maintain
$150 -> $180
2025-11-04
Reason
BofA
Ruplu Bhattacharya
Price Target
$150 -> $180
2025-11-04
maintain
Neutral
Reason
BofA analyst Ruplu Bhattacharya raised the firm's price target on Sanmina (SANM) to $180 from $150 and keeps a Neutral rating on the shares after a "strong" fiscal Q4 report. Positives, including the communications end market coming out of inventory correction and ZT Systems providing full rack assembly capability, are balanced by the uncertain macro backdrop and Sanmina having to integrate the ZT business and then ramp with AMD (AMD), the analyst tells investors in a post-earnings note.
BofA
Neutral
maintain
$100 -> $120
2025-07-11
Reason
BofA
Price Target
$100 -> $120
2025-07-11
maintain
Neutral
Reason
BofA raised the firm's price target on Sanmina (SANM) to $120 from $100 and keeps a Neutral rating on the shares. The acquisition of the the data center infrastructure manufacturing business of ZT systems from AMD (AMD) is strategic, which will increase Sanmina's scale and revs from cloud and AI, the analyst tells investors in a research note. Positives, including the communications end market coming out of an inventory correction, are balanced by on-going weak macro, a tough operating environment and program ramps needed to materialize and get to scale in the second half of the year, BofA says.
BofA
Ruplu Bhattacharya
Neutral
maintain
$95 -> $100
2025-06-09
Reason
BofA
Ruplu Bhattacharya
Price Target
$95 -> $100
2025-06-09
maintain
Neutral
Reason
BofA analyst Ruplu Bhattacharya raised the firm's price target on Sanmina to $100 from $95 and keeps a Neutral rating on the shares after having hosted a fireside chat with CFO Jonathan Faust at the BofA 2025 Global Technology Conference. Following the event, the firm applies a slightly higher multiple on more confidence in improving mix of higher margin cloud/AI revenues, the analyst tells investors.
B of A Securities
Ruplu Bhattacharya
Sell
to
Hold
Upgrades
$58 → $92
2025-01-29
Reason
B of A Securities
Ruplu Bhattacharya
Price Target
$58 → $92
2025-01-29
Upgrades
Sell
to
Hold
Reason
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.
