Sanmina Corporation (SANM) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$238.55
Price Target
$200.00
Target Range
$200.00 — $200.00
Analyst Rating
Hold
Forward P/E21.4x
Trailing P/E53.5x
Forward PEG1.20
Implied Growth+137.8%
Median Target$200.00
Analyst Spread0.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$200
-16.2%
Consensus
$200
-16.2%
Bull Case
$200
-16.2%
Valuation Model TargetsConfidence: 58/100
Bear$134
Base$399
Bull$612
SANM Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Sanmina Corporation (SANM) has a Wall Street consensus price target of $200.00, based on estimates from 17 covering analysts. With the stock currently trading at $238.55, this represents a potential downside of -16.2%. The company has a market capitalization of $13.03B.
Analyst price targets range from a low of $200.00 to a high of $200.00, representing a 0% spread in expectations. The median target of $200.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 5 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, SANM trades at a trailing P/E of 53.5x and forward P/E of 21.4x. The forward PEG ratio of 1.20 indicates reasonable valuation for growth. Analysts expect EPS to grow +137.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $398.88, with bear and bull scenarios of $133.57 and $611.71 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+5.5%
Avg Forward P/E36.8x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 JBLJabil Inc. | $40.0B | $372.34 | $273.00 | -26.7% | Buy | 30.2x | 23 |
 CLSCelestica Inc. | $47.6B | $413.87 | $459.00 | +10.9% | Buy | 41.2x | 27 |
 FLEXFlex Ltd. | $49.5B | $134.73 | $80.00 | -40.6% | Buy | 41.5x | 25 |
 BHEBenchmark Electronics, Inc. | $3.1B | $86.60 | $86.00 | -0.7% | Hold | 31.3x | 9 |
 PLXSPlexus Corp. | $7.1B | $265.04 | $251.25 | -5.2% | Buy | 34.4x | 18 |
 TTMITTM Technologies, Inc. | $17.1B | $164.64 | $158.33 | -3.8% | Buy | 47.2x | 14 |
 AVGOBroadcom Inc. | $2.0T | $425.44 | $443.72 | +4.3% | Buy | 37.6x | 58 |
 TXNTexas Instruments Incorporated | $263.5B | $289.44 | $253.71 | -12.3% | Buy | 38.3x | 65 |
 APHAmphenol Corporation | $170.2B | $138.47 | $180.33 | +30.2% | Buy | 29.7x | 29 |
 TET1 Energy Inc | $889M | $5.27 | $10.50 | +99.2% | Buy | — | 7 |
Upside Potential Comparison
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Start ComparisonSANM — Frequently Asked Questions
Quick answers to the most common questions about buying SANM stock.
What is the SANM stock price target for 2026?
SANM's consensus price target is $200, -16.2% below the current price of $238.55. The 17 analysts tracking SANM see downside risk at present valuations.
Is SANM a buy, sell, or hold?
SANM has a consensus rating of "Hold" based on 17 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $200 implies -16.2% downside from current levels.
Is SANM stock overvalued or undervalued?
SANM trades at a forward P/E of 21.3691x, representing a moderate valuation. With analysts targeting $200 (-16.2% implied move), the stock appears close to fair value.
How high can SANM stock go?
The most bullish Wall Street analyst has a price target of $200 for SANM, while the most conservative target is $200. The consensus of $200 represents the median expectation. Our quantitative valuation model projects a bull case target of $612 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover SANM stock?
SANM is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 10 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the SANM stock forecast?
The 12-month SANM stock forecast based on 17 Wall Street analysts shows a consensus price target of $200, with estimates ranging from $200 (bear case) to $200 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $399, with bear/bull scenarios of $134/$612.
What is SANM's fair value based on fundamentals?
Our quantitative valuation model calculates SANM's fair value at $399 (base case), with a bear case of $134 and bull case of $612. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
What is SANM's forward P/E ratio?
SANM trades at a forward P/E ratio of 21.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 53.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy SANM stock?
Analysts are cautious on SANM, with 2 Sell ratings and a price target of $200 (-16.2% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do SANM price targets vary so much?
SANM analyst price targets range from $200 to $200, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $200 consensus represents the middle ground. Our model's $134-$612 range provides an independent fundamental perspective.