Sanmina (NASDAQ:SANM – Get Free Report) updated its fourth quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 3.050-3.350 for the period, compared to the consensus EPS 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.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the stock. Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. JPMorgan Chase & Co. started coverage on Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 target price on the stock. Susquehanna initiated coverage on Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target on the stock. Finally, Weiss Ratings raised Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $160.00.
Get Our Latest Stock Analysis on Sanmina
Sanmina Stock Up 0.2%
Sanmina (NASDAQ:SANM – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the company posted $1.53 EPS. Sanmina’s quarterly revenue was up 69.7% compared to the same quarter last year. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Sell-side analysts anticipate that Sanmina will post 9.36 EPS for the current year.
Insider Activity at Sanmina
In related news, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total value of $109,760.00. Following the sale, the director owned 7,376 shares in the company, valued at $1,619,179.52. The trade was a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Alan Mcwilliams Reid sold 1,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the transaction, the executive vice president directly owned 31,481 shares in the company, valued at approximately $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 156,509 shares of company stock valued at $35,699,476 over the last 90 days. Company insiders own 3.10% of the company’s stock.
Sanmina News Summary
Here are the key news stories impacting Sanmina this week:
- Positive Sentiment: Sanmina reported fiscal Q3 EPS of $3.31, well above the $2.77-$2.78 analyst consensus and more than double the $1.53 reported a year earlier. Revenue rose 69.7% year over year to $3.46 billion, exceeding estimates of about $3.40 billion. Sanmina Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Management raised or provided favorable profit guidance: fiscal 2026 EPS is expected at $11.90-$12.20, above the $10.83 consensus, while fiscal Q4 EPS guidance of $3.05-$3.35 also exceeds the $2.81 consensus. Sanmina Reports Third Quarter Fiscal 2026 Financial Results
- Neutral Sentiment: The earnings call and presentation highlighted the quarter’s results and outlook, giving investors additional detail on the company’s operating performance and expected fourth-quarter results. Sanmina Q3 2026 Earnings Call Transcript
- Negative Sentiment: Revenue guidance was less compelling than the earnings outlook: fiscal 2026 revenue of $14.0-$14.3 billion is centered slightly below the $14.2 billion consensus, and Q4 revenue guidance of $3.3-$3.6 billion has a midpoint below the $3.5 billion estimate. This may have disappointed investors after the recent rally and strong earnings beat. Sanmina Beats Sales Expectations but Stock Drops
Institutional Investors Weigh In On Sanmina
Institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. increased its position 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 holdings 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 buying an additional 108,202 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Sanmina by 158.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 475,151 shares of the electronics maker’s stock valued at $71,306,000 after acquiring an additional 291,016 shares in the last quarter. Marshall Wace LLP boosted its position in Sanmina by 520.3% during the 4th 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 grew its holdings in shares of Sanmina by 354.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 371,270 shares of the electronics maker’s stock worth $42,737,000 after acquiring an additional 289,558 shares during the period. 92.71% of the stock is owned by hedge funds and other 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.
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