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Sanmina-Sci Completes Acquisition of ZT Group Int’l

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Sanmina-Sci Completes Acquisition of ZT Group Int’l

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

On October 27, 2025, Sanmina Corporation completed the acquisition of ZT Group Int’l, Inc. from AMD Design, LLC for a total consideration of $2.4 billion in cash and $150 million in Sanmina common stock. This strategic acquisition aims to enhance Sanmina’s capabilities in AI and compute infrastructure for hyperscale computing companies. To finance this acquisition, Sanmina entered into a senior secured credit agreement, which included a $1.5 billion revolving credit facility and a $2.0 billion term loan, and amended it to facilitate the transaction. The acquisition is expected to impact Sanmina’s operations by expanding its market reach and technological capabilities, although it also introduces potential risks related to integration and financial commitments.

The most recent analyst rating on (SANM) stock is a Buy with a $144.00 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’s strong financial performance and positive earnings call sentiment are the most significant factors driving the stock’s score. The company’s robust revenue growth, profitability, and strategic acquisition plans enhance its outlook. Technical indicators support a positive trend, although the high valuation and absence of a dividend yield are potential concerns.

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

More about Sanmina-Sci

Sanmina Corporation operates in the electronics manufacturing services industry, providing a range of products and services including design, engineering, and manufacturing solutions for original equipment manufacturers (OEMs). The company focuses on serving various markets such as communications, computing, multimedia, industrial, semiconductor, defense, aerospace, medical, and automotive sectors.

Average Trading Volume: 753,630

Technical Sentiment Signal: Buy

Current Market Cap: $7.22B

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

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