Sidoti Csr Issues Optimistic Estimate for Sanmina Earnings

Sanmina Corporation (NASDAQ:SANM) – Analysts at Sidoti Csr raised their Q3 2026 earnings per share (EPS) estimates for Sanmina in a research note issued to investors on Tuesday, January 27th. Sidoti Csr analyst A. Soderstrom now forecasts that the electronics maker will post earnings per share of $2.21 for the quarter, up from their prior estimate of $2.17. The consensus estimate for Sanmina’s current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina’s Q4 2026 earnings at $2.36 EPS, Q1 2027 earnings at $2.37 EPS, Q2 2027 earnings at $2.49 EPS and Q3 2027 earnings at $2.49 EPS.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.23. The business had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The firm’s quarterly revenue was up 59.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS.

Several other research analysts also recently issued reports on the company. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Argus boosted their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $160.00.

Sanmina Price Performance

SANM opened at $152.65 on Thursday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.02. The stock has a market capitalization of $8.33 billion, a P/E ratio of 36.43, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. The company’s 50 day simple moving average is $158.90 and its 200-day simple moving average is $136.70. Sanmina has a one year low of $63.67 and a one year high of $185.29.

Institutional Investors Weigh In On Sanmina

Large investors have recently made changes to their positions in the stock. Optiver Holding B.V. lifted its position in Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Sanmina in the 3rd quarter valued at about $26,000. Root Financial Partners LLC bought a new stake in shares of Sanmina in the third quarter valued at about $34,000. TD Waterhouse Canada Inc. lifted its holdings in shares of Sanmina by 27.2% in the second quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares in the last quarter. Finally, MAI Capital Management acquired a new position in shares of Sanmina during the second quarter worth about $41,000. Institutional investors own 92.71% of the company’s stock.

Insider Activity

In related news, insider Vishnu Venkatesh sold 692 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the completion of the sale, the insider directly owned 23,500 shares of the company’s stock, valued at approximately $3,506,670. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.22% of the company’s stock.

Key Headlines Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Q1 beats and strong top-line growth — Sanmina reported $2.38 EPS (above consensus) and $3.19B revenue, up ~59% YoY, with improving cash flow and margin commentary that exceeded expectations; these results support the bull case for continued profitability expansion. Sanmina Q1 Earnings Beat Estimates on Healthy Top-Line Growth
• Positive Sentiment: AI infrastructure upside and strategic targets — Management emphasized AI infrastructure demand, ZT Systems integration, and a goal of ~$16B revenue by 2027, highlighting secular tailwinds that could extend revenue visibility and margin leverage if the company captures more AI server and systems work. Sanmina targets $16B revenue in 2027 with AI-driven growth and ZT Systems integration
• Neutral Sentiment: Q2 EPS guidance vs. sales guide — Sanmina set Q2 EPS guidance (2.25–2.55) and gave a sales outlook that management described as dependent on customer build timing; EPS guidance reduces EPS risk but the revenue cadence remains the primary driver for near-term stock movement. Sanmina Corp (SANM) Q1 2026 Earnings Call Highlights
• Negative Sentiment: Sales guidance shortfall sparked a severe market reaction — Despite the beat, Sanmina’s Q2 sales guide fell short of Street expectations, provoking an immediate sell-off as investors punished the lack of near-term revenue clarity; that guidance miss is the main reason for recent volatility. Why Sanmina Stock Plummeted by Almost 22% Today
• Negative Sentiment: Investor focus on guidance timing and execution risk — Multiple outlets flagged that the guidance miss, not the quarter’s fundamentals, drove the share drop, highlighting that execution on AI ramp and order timing will be closely watched in the coming quarters. Sanmina shares tumble as revenue guidance falls short of expectations

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.