Movement Alert｜Sanmina Falls 5.1% in Regular Trading, Weakness Extends After Prior Guidance Disappointment

Market Focus10-14

On October 14, Sanmina fell 5.1% in Regular Trading, trading at $200.985 per share, with turnover of $22.193 million.

The most relevant recent company catalyst in public information was its late-July earnings release: quarterly adjusted EPS of $3.31 and revenue of $3.464 billion both exceeded consensus estimates, but subsequent reporting showed the market remained focused on softer forward expectations, including projected fourth-quarter revenue of $3.3 billion to $3.6 billion and EPS of $3.05 to $3.35, with ZT Systems fourth-quarter revenue expected at $0.8 billion to $1.0 billion and next-generation AI computing revenue pushed into the next fiscal year.

That helps explain why the stock could weaken despite an earnings beat: investors appeared to reassess the pace of AI-related revenue conversion and near-term growth visibility, while the broader Electronic Manufacturing Services group was also under pressure, with Celestica, Flex Ltd, TTM Technologies, Fabrinet, and Jabil Circuit all posting notable declines.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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