Sanmina-Sci ( (SANM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Sanmina-Sci shares climbed after the company reported revenue and earnings well ahead of guidance, driven by strong AI- and cloud-related demand following its ZT Systems acquisition. Margins also held up as the business gained scale and benefited from a favorable mix, while its extensive Americas manufacturing footprint, agile global operations, and limited tariff exposure reassured investors about its competitive position. On the back of these results, analysts raised their price targets for the stock, reflecting renewed confidence in Sanmina-Sci’s growth outlook. They did flag some near-term risks, including a large inventory build, higher capital spending, and rising leverage to fund expansion, but pointed to the company’s solid cash and liquidity position as key buffers against these pressures.
More about Sanmina-Sci
YTD Price Performance: -4.58%
Average Trading Volume: 742,771
Technical Sentiment Signal: Buy
Current Market Cap: $9.96B
For further insights into SANM stock on TipRanks’ Stock Analysis page.
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