Sanmina (NASDAQ:SANM) Releases Q1 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its first quarter 2027 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.500-3.850 for the period, compared to the consensus earnings per share estimate of 2.910. Sanmina also updated its FY 2027 guidance to 15.500-17.500 EPS.

Sanmina Stock Up 11.1%

SANM stock opened at $149.64 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The stock has a market capitalization of $8.02 billion, a P/E ratio of 26.77, a P/E/G ratio of 0.40 and a beta of 1.72. The business has a 50-day moving average of $192.37 and a 200-day moving average of $190.56. Sanmina has a fifty-two week low of $118.10 and a fifty-two week high of $288.68.

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

Analyst Upgrades and Downgrades

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

Key Headlines 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

About Sanmina

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.