Sanmina (NASDAQ:SANM) Updates Q4 2026 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its fourth quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 3.050-3.350 for the period, compared to the consensus estimate of 2.810. The company issued revenue guidance of $3.3 billion-$3.6 billion, compared to the consensus revenue estimate of $3.5 billion. Sanmina also updated its FY 2026 guidance to 11.900-12.200 EPS.

Sanmina Stock Performance

Shares of NASDAQ:SANM opened at $172.43 on Wednesday. The company has a market cap of $9.24 billion, a price-to-earnings ratio of 30.85, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. Sanmina has a 12 month low of $103.95 and a 12 month high of $288.68. The company has a 50-day moving average price of $235.12 and a 200-day moving average price of $187.52. 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 issued its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, topping the consensus estimate of $2.77 by $0.54. The business had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.36%. The company’s revenue for the quarter was up 69.7% on a year-over-year basis. During the same period in the prior year, the business earned $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. As a group, equities analysts anticipate that Sanmina will post 9.36 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Weiss Ratings raised Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Susquehanna began coverage on shares of Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 target price on the stock. Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. decreased their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $198.33.

Insider Buying and Selling at Sanmina

In other news, CFO Jonathan P. Faust sold 10,076 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the sale, the chief financial officer directly owned 77,000 shares of the company’s stock, valued at $20,466,600. This represents a 11.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $219.52, for a total value of $109,760.00. Following the completion of the transaction, the director owned 7,376 shares of the company’s stock, valued at approximately $1,619,179.52. This trade represents a 6.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 129,944 shares of company stock valued at $30,093,464 in the last ninety days. Corporate insiders own 3.10% of the company’s stock.

Trending Headlines about Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Quarterly results exceeded expectations. Sanmina reported fiscal Q3 EPS of $3.31, well above the $2.77 consensus estimate, while revenue reached $3.46 billion versus expectations of $3.40 billion. Revenue increased 69.7% year over year, and EPS more than doubled from $1.53 a year earlier. Sanmina Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Management raised its full-year outlook. Fiscal 2026 EPS guidance was increased to $11.90-$12.20, above the $10.83 analyst consensus. Fourth-quarter EPS guidance of $3.05-$3.35 also exceeded the $2.81 consensus, supporting the company’s growth outlook. Sanmina Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: AI-related demand remains a key growth catalyst. Analysts highlighted momentum in AI infrastructure and cloud programs, new customer wins, strong execution and the integration of ZT Systems as factors supporting Sanmina’s longer-term expansion. Sanmina Q3 Earnings Call Signals AI Infrastructure Growth Strategy

Hedge Funds Weigh In On Sanmina

Hedge funds have recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. purchased a new position in Sanmina during the 3rd quarter worth $306,000. Polymer Capital Management US LLC bought a new position in Sanmina during the 4th quarter worth about $304,000. Smartleaf Asset Management LLC increased its position in Sanmina by 7.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,751 shares of the electronics maker’s stock valued at $266,000 after purchasing an additional 114 shares during the period. United Services Automobile Association purchased a new stake in shares of Sanmina in the 1st quarter worth approximately $256,000. Finally, Man Group plc purchased a new position in Sanmina during the second quarter valued at approximately $254,000. 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.