Stocks · Technology · Hardware, Equipment & Parts
Sanmina Corporation SANM
$225.08 -1.73% Close, Oct 5, 2026 · NASDAQ · Market cap $12.28B
Strong growthStrong trend
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $12.76B, up 58.6% from a year earlier, accelerating from 44.5% a quarter earlier.
- The shares trade at 40.3× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Over the past year the stock returned +92.8%, ahead of the S&P 500 by 77.0 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 8%
- EPS growth (TTM, YoY)Top 46%
- FCF growth (TTM, YoY)Top 23%
- Revenue growth, 3-year CAGRBottom 32%
- Revenue growth accelerationTop 8%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 32%
- Gross marginBottom 6%
- Operating marginTop 49%
- Cash conversion (OCF / net income)Top 24%
- Accruals (lower is better)Bottom 47%
- Net debt / EBITDA (lower is better)Bottom 43%
- Interest coverTop 37%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 33%
- Free-cash-flow yieldTop 36%
- EBITDA / enterprise valueTop 35%
- Sales / enterprise valueTop 14%
- P/E vs own 5-year history (lower is better)Bottom 10%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 16%
- 6-month returnTop 18%
- 1-year return vs S&P 500Top 16%
- Distance from 52-week highTop 36%
- Trend checklist (0–4)Top 19%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 31%
- Consecutive EPS beatsTop 25%
- Share of analysts rating BuyBottom 7%
- Upside to consensus price targetBottom 1%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 36%
- Maximum drawdown, 3 yearsTop 13%
- Beta vs S&P 500 (lower is better)Bottom 49%
- Net debt / EBITDA (lower is better)Bottom 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 44.5% | 58.6% | ↑ |
| EPS growth (YoY) | 9.5% | 19.7% | ↑ |
| Gross margin | 8.7% | 9.0% | ↑ |
| Operating margin | 4.5% | 5.1% | ↑ |
| FCF margin | 4.5% | 4.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 58.6% | 44.5% | ↑ | Top 8% |
| EPS growth (TTM, YoY) | 19.7% | 9.5% | ↑ | Top 46% |
| Gross margin | 9.0% | 8.7% | ↑ | Bottom 6% |
| Operating margin | 5.1% | 4.5% | ↑ | Top 49% |
| Net margin | 2.4% | 3.2% | ↓ | — |
| Free-cash-flow margin | 4.7% | 4.5% | ↑ | — |
| Return on invested capital | 8.3% | — | Top 32% | |
| Revenue growth, 3-year CAGR | 0.9% | — | Bottom 32% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.92×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -6.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -18.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.88×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 6.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.98%
- Shareholder yield
- 1.98%
- Share count change, 1 year
- +1.2%
- Share count change, 3-year CAGR
- -2.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Jul 27, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 8
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +16.8%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $131.00
- Target vs current price
- -41.8%
- Analysts with a rating
- 18
- Share rating Buy or Strong Buy
- 28%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 27, 2026 | +19.5% | +0.2% | -11.0% | -9.4% | — |
| Apr 27, 2026 | +30.6% | -2.1% | +16.2% | +28.2% | +13.1% |
| Jan 26, 2026 | +10.7% | +2.6% | -20.3% | -16.8% | -2.1% |
| Nov 3, 2025 | +6.4% | +2.4% | +24.3% | +10.9% | +12.7% |
| Jul 28, 2025 | +7.7% | -0.2% | +12.6% | +17.1% | +34.6% |
| Apr 28, 2025 | +2.2% | -1.8% | -2.4% | +2.4% | +22.4% |
| Jan 27, 2025 | +6.7% | -6.5% | -0.3% | +1.0% | -11.3% |
| Nov 4, 2024 | +5.1% | +2.0% | +16.7% | +12.2% | +17.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 27, 2026 | $3.31 | $2.77 | +19.5% | $3.46B |
| Apr 27, 2026 | $3.16 | $2.42 | +30.6% | $4.01B |
| Jan 26, 2026 | $2.38 | $2.15 | +10.7% | $3.19B |
| Nov 3, 2025 | $1.67 | $1.57 | +6.4% | $2.10B |
| Jul 28, 2025 | $1.53 | $1.42 | +7.7% | $2.04B |
| Apr 28, 2025 | $1.41 | $1.38 | +2.2% | $1.98B |
| Jan 27, 2025 | $1.44 | $1.35 | +6.7% | $2.01B |
| Nov 4, 2024 | $1.43 | $1.36 | +5.1% | $2.02B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 40.3× | 13.0× | 95th | Top 33% |
| P/E (forward) | 18.6× | — | — | — |
| EV / EBITDA | 19.2× | — | — | Top 35% |
| EV / Sales | 1.01× | — | — | Top 14% |
| Free-cash-flow yield | 4.84% | — | — | Top 36% |
| Earnings yield | 2.48% | — | — | Top 33% |
P/E over the past five years
Range 9.5× – 43.6× since Jul 3, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +92.8%
- Earnings per share growth (TTM)
- +19.7%
- Change in P/E multiple
- +77.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 12
- Days above the 200-day average
- 47
- 50-day average slope (20 days)
- -0.9%
- 200-day average slope (20 days)
- +3.0%
- Distance from 50-day average
- +11.3%
- Distance from 200-day average
- +19.2%
- RSI (14)
- 59.2
- Relative volume
- 1.09×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 72.2%
- Volatility vs own 5-year history
- 88th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.44
- Correlation with S&P 500
- 0.42
- Current drawdown from 1-year high
- -20.4%
- Maximum drawdown, 3 years
- -42.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 3, 2026 | Jul 29, 2026 | -42.0% | 38 days | Not yet recovered |
| Nov 10, 2022 | Nov 7, 2023 | -33.9% | 248 days | 140 days (May 30, 2024) |
| Jan 26, 2026 | Mar 20, 2026 | -32.7% | 38 days | 24 days (Apr 24, 2026) |
| Feb 19, 2025 | Apr 4, 2025 | -25.7% | 32 days | 53 days (Jun 23, 2025) |
| Nov 5, 2025 | Dec 17, 2025 | -19.6% | 29 days | 22 days (Jan 21, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.28B
- P/E (TTM)
- 40.3
- EPS, diluted (TTM)
- $5.59
- Revenue (TTM)
- $12.76B
- 52-week range
- $113.71 – $288.68
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $6.74B | $7.92B | $8.94B | $7.57B | $8.13B |
| Gross profit | $526.4M | $622.2M | $743.2M | $640.4M | $716.4M |
| Operating income | $255.9M | $349.5M | $455.7M | $335.5M | $354.6M |
| Net income | $249.5M | $240.4M | $310.0M | $222.5M | $245.9M |
| EPS (diluted) | $4.01 | $3.81 | $5.18 | $3.91 | $4.46 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.02B | $2.01B | $1.98B | $2.04B | $2.10B | $3.19B | $4.01B | $3.46B |
| Net income | $61.4M | $65.0M | $64.2M | $68.6M | $48.1M | $49.3M | $93.6M | $117.1M |
| EPS (diluted) | $1.09 | $1.16 | $1.16 | $1.26 | $0.88 | $0.89 | $1.70 | $2.12 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $338.3M | $330.9M | $235.2M | $340.2M | $620.7M |
| Capital expenditure | -$72.2M | -$138.6M | -$191.4M | -$111.2M | -$147.4M |
| Free cash flow | $266.1M | $192.2M | $43.8M | $229.0M | $473.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$61.1M | -$328.7M | -$103.7M | -$248.1M | -$113.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.84B
- Total assets
- $9.74B
- Total liabilities
- $6.98B
- Total debt
- $2.43B
- Net debt
- $588.0M
- Shareholders’ equity
- $2.56B
As of Jun 27, 2026 (filed Jul 27, 2026).
Short interest
- Shares sold short
- 1,813,928
- Days to cover
- 3.71
- Change vs previous report
- +0.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 17, 2009
- 1-for-6
- Jan 9, 2001
- 2-for-1
- Mar 23, 2000
- 2-for-1
- Jun 11, 1998
- 2-for-1
- Mar 12, 1996
- 2-for-1