Added to YB: 2026-03-16
Pitch date: 2026-03-13
SANM [bullish]
Sanmina Corporation
Author Info
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Company Info
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
$6.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.70
P/E
30.30
EV/Sales
0.87
Sector
Electronic Equipment, Instruments and Components
Category
growth
Sanmina ($SANM): An Early Thesis
SANM: ZT Systems deal shifts mix toward AI infra—racks, cooling, optics, power. Mgmt sees $14B rev in 2026, $16B+ in 2027 (vs ~$7B mkt cap). Q1 FY26 rev $3.19B (+59% YoY), 6% op margin, 32.1% ROIC (up from 23.5%). Expanding optical packaging (400G/800G/1.6T), AMD partnership, OpenLight collab. US/Mexico footprint aids reshoring. Market still sees legacy mfg, but AI buildout exposure could re-rate stock. Early tracker position.
Read full article (3 min)