Sanmina (NASDAQ:SANM) Issues FY 2026 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 11.900-12.200 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

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

Sanmina Trading Up 0.2%

Shares of Sanmina stock traded up $0.47 on Monday, hitting $208.90. The stock had a trading volume of 1,248,089 shares, compared to its average volume of 945,579. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77. Sanmina has a one year low of $97.76 and a one year high of $288.68. The stock has a market cap of $11.20 billion, a price-to-earnings ratio of 44.16, a PEG ratio of 0.80 and a beta of 1.56. The stock’s 50-day simple moving average is $236.49 and its two-hundred day simple moving average is $187.01.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, topping the consensus estimate of $2.77 by $0.54. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The company had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.40 billion. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. As a group, sell-side analysts predict that Sanmina will post 9.36 EPS for the current year.

Insider Transactions at Sanmina

In other news, Director David V. Hedley III sold 500 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the completion of the sale, the director directly owned 7,376 shares in the company, valued at approximately $1,619,179.52. This represents a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction dated 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. The trade was a 11.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 156,509 shares of company stock valued at $35,699,476. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Sanmina

A number of large investors have recently made changes to their positions in the business. Invesco Ltd. increased its stake in shares of Sanmina by 22.0% during the fourth quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock valued at $400,273,000 after buying an additional 481,588 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in Sanmina by 17.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 732,369 shares of the electronics maker’s stock worth $109,907,000 after acquiring an additional 108,202 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Sanmina by 158.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 475,151 shares of the electronics maker’s stock worth $71,306,000 after acquiring an additional 291,016 shares during the period. Marshall Wace LLP boosted its holdings in Sanmina by 520.3% in the fourth quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after acquiring an additional 359,441 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in Sanmina by 354.4% in the third quarter. Qube Research & Technologies Ltd now owns 371,270 shares of the electronics maker’s stock valued at $42,737,000 after acquiring an additional 289,558 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors.

Sanmina Company Profile

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.