Sanmina Corporation (SANM)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$198.47+1.42%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · SANM
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -27.7% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 26.4% |
Growth built into the price is above our model estimate.
The price assumes 54.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 40 industry peers
SANM — officer change
Dated 2026-03-12
The filing is about an equity plan amendment, not a management change.
Why it matters: More cash from operations helps growth and investment. It shows progress on management's goals.
Supportive ifCash from operations exceeds $400M in Q2.
Worry ifCash from operations falls below $350M in Q2.
Why it matters: A drop below median growth in the sector may show bigger problems for Sanmina.
Worry ifSector revenue growth drops below its median.
Less concerning ifSector revenue growth remains above its median.
Why it matters: A big rise in operating income shows good cost management. It also matches management's goals.
Supportive ifOperating income increases by at least 20% in Q2 compared to Q1.
Worry ifOperating income does not go up or goes down compared to Q1.
Why it matters: Strong revenue growth would confirm that management's priority to increase revenue is on track.
Supportive ifQ2 revenue growth exceeds 90% year over year, showing strong demand.
Worry ifQ2 revenue growth is below 80% compared to last year. This shows weaker performance.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$255 on $10,000 · ±2.6% | How much price usually moves either way. |
| Bad day | $691 loss on $10,000 · 6.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,205 loss on $10,000 · 42.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Updates on share buybacks may show management's trust in future cash flow.
Supportive ifAnnouncement of more share buybacks beyond the $600 million program.
Worry ifNo updates or a pause in the share repurchase program.
Why it matters: Falling below this range may show weak demand. This could hurt investor confidence.
Worry ifQ4 revenue guidance falls below $3.3 billion.
Less concerning ifQ4 revenue guidance remains at or above $3.6 billion.
Why it matters: A continued decline may raise worries about cash flow. This affects financial health.
Worry ifCash flow from operations drops below $124 million.
Less concerning ifCash flow from operations is above $179 million.