Sanmina (NASDAQ:SANM) Issues FY 2026 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 11.900-12.200 for the period, compared to the consensus EPS estimate of 10.830. The company issued revenue guidance of $14.0 billion-$14.3 billion, compared to the consensus revenue estimate of $14.2 billion. Sanmina also updated its Q4 2026 guidance to 3.050-3.350 EPS.

Sanmina Trading Up 0.2%

NASDAQ SANM opened at $208.90 on Tuesday. The stock has a market cap of $11.20 billion, a PE ratio of 44.16, a PEG ratio of 0.80 and a beta of 1.56. Sanmina has a 12 month low of $97.76 and a 12 month high of $288.68. The company’s 50-day moving average price is $236.17 and its 200-day moving average price is $187.39. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.40 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm’s revenue for the quarter was up 69.7% on a year-over-year basis. During the same quarter last year, the business posted $1.53 EPS. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Equities research analysts forecast that Sanmina will post 9.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SANM shares. Susquehanna initiated coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 target price on the stock. Weiss Ratings upgraded Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research downgraded Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, JPMorgan Chase & Co. assumed coverage on Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $160.00.

Insider Activity at Sanmina

In other Sanmina news, EVP Alan Mcwilliams Reid sold 1,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the transaction, the executive vice president owned 31,481 shares of the company’s stock, valued at approximately $6,868,209.77. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the completion of the sale, the director owned 27,809 shares of the company’s stock, valued at approximately $5,868,533.27. This represents a 48.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 156,509 shares of company stock worth $35,699,476 over the last quarter. Corporate insiders own 3.10% of the company’s stock.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sanmina reported fiscal Q3 EPS of $3.31, well above the $2.77-$2.78 analyst consensus and more than double the $1.53 reported a year earlier. Revenue rose 69.7% year over year to $3.46 billion, exceeding estimates of about $3.40 billion. Sanmina Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management raised or provided favorable profit guidance: fiscal 2026 EPS is expected at $11.90-$12.20, above the $10.83 consensus, while fiscal Q4 EPS guidance of $3.05-$3.35 also exceeds the $2.81 consensus. Sanmina Reports Third Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: The earnings call and presentation highlighted the quarter’s results and outlook, giving investors additional detail on the company’s operating performance and expected fourth-quarter results. Sanmina Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue guidance was less compelling than the earnings outlook: fiscal 2026 revenue of $14.0-$14.3 billion is centered slightly below the $14.2 billion consensus, and Q4 revenue guidance of $3.3-$3.6 billion has a midpoint below the $3.5 billion estimate. This may have disappointed investors after the recent rally and strong earnings beat. Sanmina Beats Sales Expectations but Stock Drops

Hedge Funds Weigh In On Sanmina

A number of large investors have recently bought and sold shares of SANM. Vise Technologies Inc. lifted its holdings in Sanmina by 2.0% during the third quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after buying an additional 71 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Sanmina by 7.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,751 shares of the electronics maker’s stock valued at $266,000 after acquiring an additional 114 shares during the period. Lido Advisors LLC increased its holdings in shares of Sanmina by 3.5% in the 3rd quarter. Lido Advisors LLC now owns 4,156 shares of the electronics maker’s stock valued at $478,000 after acquiring an additional 140 shares during the period. Cetera Investment Advisers raised its position in shares of Sanmina by 0.8% in the 4th quarter. Cetera Investment Advisers now owns 22,295 shares of the electronics maker’s stock worth $3,346,000 after acquiring an additional 172 shares in the last quarter. Finally, Xponance LLC raised its position in shares of Sanmina by 4.5% in the 4th quarter. Xponance LLC now owns 4,317 shares of the electronics maker’s stock worth $648,000 after acquiring an additional 185 shares in the last quarter. Institutional investors own 92.71% of the company’s stock.

About Sanmina

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.