Sanmina-Sci Acquires ZT Systems’ Infrastructure Business

Sanmina-Sci ( (SANM) ) has shared an update.

On May 18, 2025, Sanmina Corporation announced a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems from AMD for $2.55 billion in cash and equity, with an additional $450 million contingent on future performance. This strategic acquisition is expected to enhance Sanmina’s position in the fast-growing Cloud and AI infrastructure market, doubling its revenue scale in three years and being accretive to non-GAAP EPS in the first year post-close. The acquisition will also strengthen Sanmina’s relationships with hyperscaler customers and expand its manufacturing capabilities in the U.S. and Europe, positioning it as a leading end-to-end manufacturing partner for mission-critical technologies.

The most recent analyst rating on (SANM) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Sanmina-Sci stock, see the SANM Stock Forecast page.

Spark’s Take on SANM Stock

According to Spark, TipRanks’ AI Analyst, SANM is a Outperform.

Sanmina-Sci has a strong financial foundation, with impressive revenue growth and profitability supported by solid cash flows and low leverage. The earnings call underscores a positive outlook, with strategic investments and robust segment performance despite some challenges. Technical analysis indicates short- to mid-term upward momentum, though the 100-day moving average suggests potential resistance. Valuation metrics are balanced, with no significant concerns. Overall, the stock is well-positioned for solid performance with a focus on growth and margin expansion.

To see Spark’s full report on SANM stock, click here.

More about Sanmina-Sci

Sanmina Corporation is a leading integrated manufacturing solutions provider in the global Electronics Manufacturing Services (EMS) market, serving sectors such as industrial, medical, defense and aerospace, automotive, communications networks, and cloud infrastructure. The company is recognized for its technology leadership and end-to-end manufacturing solutions, with facilities strategically located worldwide.

Average Trading Volume: 385,229

Technical Sentiment Signal: Buy

Current Market Cap: $4.52B

For an in-depth examination of SANM stock, go to TipRanks’ Stock Analysis page.