Several analysts have recently updated their ratings and price targets for Sanmina (NASDAQ: SANM):
- 8/1/2026 – Sanmina was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 7/30/2026 – Sanmina was upgraded by Zacks Research from “hold” to “strong-buy”.
- 7/28/2026 – Sanmina had its price target lowered by JPMorgan Chase & Co. from $275.00 to $260.00. They now have a “neutral” rating on the stock.
- 7/18/2026 – Sanmina was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 7/15/2026 – Sanmina was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 6/29/2026 – Sanmina was downgraded by Zacks Research from “strong-buy” to “hold”.
Insiders Place Their Bets
In related news, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $265.80, for a total value of $2,678,200.80. Following the completion of the sale, the chief financial officer directly owned 77,000 shares in the company, valued at $20,466,600. This trade represents a 11.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.10% of the company’s stock.
Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.
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