Sanmina (NASDAQ:SANM) Announces FY 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its FY 2027 earnings guidance on Monday. The company provided EPS guidance of 15.500-17.500 for the period, compared to the consensus earnings per share estimate of 13.900. The company issued revenue guidance of $17.5 billion-$19.5 billion, compared to the consensus revenue estimate of $16.7 billion. Sanmina also updated its Q1 2027 guidance to 3.500-3.850 EPS.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SANM. Weiss Ratings downgraded shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 18th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 11th. JPMorgan Chase & Co. reduced their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Finally, Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $198.33.

Sanmina Stock Performance

NASDAQ:SANM opened at $149.64 on Tuesday. Sanmina has a 1-year low of $118.10 and a 1-year high of $288.68. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71. The stock has a market cap of $8.02 billion, a P/E ratio of 26.77, a PEG ratio of 0.40 and a beta of 1.72. The stock has a 50 day simple moving average of $192.37 and a 200 day simple moving average of $190.56.

Sanmina (NASDAQ:SANM) last released its earnings results on Monday, November 9th. The electronics maker reported $4.43 EPS for the quarter, beating the consensus estimate of $3.27 by $1.16. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same period last year, the firm earned $1.67 EPS. The business’s quarterly revenue was up 84.0% compared to the same quarter last year. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. Research analysts anticipate that Sanmina will post 10.74 earnings per share for the current year.

Key Stories Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Fiscal Q4 adjusted earnings were $4.43 per share, versus the $3.27 consensus, while revenue of $3.86 billion beat the $3.48 billion estimate and increased 84% year over year. Article: Sanmina Surges After Q4 Earnings Beat
• Positive Sentiment: Management forecast fiscal 2027 revenue of $17.5 billion to $19.5 billion and EPS of $15.50 to $17.50, both above analyst estimates. Fiscal Q1 EPS guidance of $3.50 to $3.85 also topped the $2.91 consensus. The company expects cloud and AI systems revenue of $7.5 billion to $9.0 billion, reinforcing the growth outlook. Article: Sanmina Outlines FY 2027 Revenue Outlook

Sanmina Company Profile

Sanmina Corporation is a provider of integrated manufacturing solutions for companies that develop complex electronic, optical, and electromechanical products. Its services span product design and engineering, supply-chain management, manufacturing, and logistics, as well as repair and other aftermarket support.

The company serves customers in markets that include communications networks, cloud and data-center infrastructure, medical and life sciences, automotive, industrial equipment, and aerospace and defense.