The price of SANM is predicted to go up -5.57%, based on the high correlation periods with OGE. The similarity of these two price pattern on the periods is 97.53%.
SANM
OGE
Down: -5.57%Similarity: 97.53%
SANM Revenue Forecast
SANM EPS Forecast
SANM FAQs
What is bull’s view on SANM?
Sanmina Corporation (SANM) has recently seen its price target raised from $58 to $92 by analysts, reflecting optimism about its growth potential. The stock closed at $81.02 on January 29, suggesting an 11% upside to the new target. Despite conservative Q2 guidance, SANM's strong Q1 performance and a $300 million share repurchase program bolster the bull case.
What is bear's view on SANM?
Sanmina Corporation (SANM) recently received a price target upgrade from $58 to $92 by B of A Securities, reflecting a neutral stance. The stock closed at $82.78, suggesting limited upside potential of about 11%. Conservative Q2 guidance and revenue expectations below analyst forecasts may weigh on near-term sentiment.
What is SANM revenue forecast for next quarter?
The market consensus for SANM's revenue in the upcoming quarter is projected to be approximately $1.965B USD.
What is SANM eps forecast for next quarter?
The market consensus for SANM's eps in the upcoming quarter is projected to be approximately $1.375 USD.
Craig-Hallum analyst Christian Schwab raised the firm's price target on Sanmina to $69 from $62 and keeps a Hold rating on the shares. The firm notes Sanmina reported a solid Q4 as the company continues to see customer inventory headwinds improve. The company saw broad-based improvement with the majority of its end markets up sequentially in the quarter, with particular strength in its Communications Networks & Cloud Infrastructure business which was up 16% sequentially, Craig-Hallum adds.