Sanmina (NASDAQ:SANM) Issues FY 2026 Earnings Guidance

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

Shares of SANM traded up $0.47 during mid-day trading on Monday, reaching $208.90. 1,255,786 shares of the stock traded hands, compared to its average volume of 945,747. The firm has a fifty day moving average price of $236.49 and a 200 day moving average price of $187.01. The company has a market cap of $11.20 billion, a price-to-earnings ratio of 44.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. 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 has a 1 year low of $97.76 and a 1 year high of $288.68.

Sanmina (NASDAQ:SANM) last released its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share 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 firm had revenue of $3.46 billion for the quarter, compared to analysts’ expectations 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, equities research analysts predict that Sanmina will post 9.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Sanmina news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $218.17, for a total transaction of $218,170.00. Following the completion of the sale, the executive vice president owned 31,481 shares of the company’s stock, valued at $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David V. Hedley III sold 500 shares of the company’s stock in a transaction dated 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 $1,619,179.52. The trade was a 6.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 156,509 shares of company stock valued at $35,699,476 in the last three months. 3.10% of the stock is owned by corporate insiders.

Institutional Trading of Sanmina

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Sanmina during the third quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Sanmina by 182.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock worth $51,000 after acquiring an additional 219 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Sanmina by 235.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock worth $55,000 after acquiring an additional 259 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Sanmina in the 4th quarter worth approximately $60,000. Finally, Danske Bank A S purchased a new stake in shares of Sanmina in the 3rd quarter valued at $69,000. Hedge funds and other institutional investors own 92.71% of the company’s stock.

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.