Sanmina (NASDAQ:SANM) Updates Q2 2025 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.420. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Ratings Changes

Several equities research analysts have recently commented on SANM shares. StockNews.com upgraded shares of Sanmina from a “hold” rating to a “buy” rating in a research note on Thursday, November 21st. Craig Hallum lifted their target price on shares of Sanmina from $62.00 to $69.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th.

Sanmina Stock Performance

Sanmina stock opened at $81.02 on Wednesday. Sanmina has a 12-month low of $49.57 and a 12-month high of $86.05. The stock has a 50-day simple moving average of $79.11 and a 200 day simple moving average of $73.27. The company has a quick ratio of 1.25, a current ratio of 1.99 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 20.72, a P/E/G ratio of 1.41 and a beta of 0.91.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, November 4th. The electronics maker reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.96 billion. Sanmina had a net margin of 2.94% and a return on equity of 10.47%. Sanmina’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.20 earnings per share. On average, research analysts anticipate that Sanmina will post 4.84 earnings per share for the current fiscal year.

Sanmina announced that its Board of Directors has approved a share buyback program on Monday, January 27th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the electronics maker to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

About Sanmina

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.