NASDAQ:SANM News 16 December 2025 - 30 January 2026

Sanmina shares rose about 7% to $153 Wednesday afternoon, rebounding after a sharp drop on Tuesday tied to a weaker-than-expected revenue outlook for the March quarter. The company forecast Q2 revenue of $3.1 billion to $3.4 billion, below analyst estimates. Argus Research raised its price target on Sanmina to $200. First-quarter revenue reached $3.19 billion, with non-GAAP EPS at $2.38.

Sanmina Corporation (NASDAQ: SANM) stock fell sharply in Tuesday trading, even as the company unveiled two growth-oriented moves aimed at the U.S. power-grid equipment market: a new, state-of-the-art energy-focused factory planned for Houston and a transformer co-design agreement with Croatia’s Končar Group. At last check on Dec. 16, SANM shares were down about 8.85% at $144.17, after swinging between an intraday high of $159.98 and a low of $144.17. The market’s reaction highlights a familiar tension in “build for the future” announcements: investors may like the destination, but they immediately start interrogating the travel budget—capital spending, cash flow timing, and