Sanmina Corporation (NASDAQ:SANM) Given Average Rating of “Moderate Buy” by Brokerages

Posted by Geri Gentry on Aug 27th, 2026

Shares of Sanmina Corporation (NASDAQ:SANM – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the five analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $198.3333.

A number of brokerages have weighed in on SANM. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. reduced their price target on Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Finally, Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st.

Read Our Latest Stock Report on Sanmina

Insider Activity 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 completion of the transaction, 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 filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sanmina

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ANB Bank increased its stake in shares of Sanmina by 3.2% during the first quarter. ANB Bank now owns 1,645 shares of the electronics maker’s stock worth $213,000 after purchasing an additional 51 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Sanmina by 5.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,048 shares of the electronics maker’s stock worth $136,000 after buying an additional 54 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Sanmina by 1.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,337 shares of the electronics maker’s stock worth $562,000 after buying an additional 69 shares during the last quarter. Vise Technologies Inc. increased its stake in Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after buying an additional 71 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in Sanmina by 3.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,274 shares of the electronics maker’s stock worth $295,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina Price Performance

NASDAQ:SANM opened at $198.64 on Thursday. 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 company has a 50 day moving average price of $210.99 and a 200-day moving average price of $192.64. Sanmina has a 1-year low of $110.44 and a 1-year high of $288.68. The firm has a market cap of $10.65 billion, a price-to-earnings ratio of 35.53, a price-to-earnings-growth ratio of 0.67 and a beta of 1.59.

Sanmina (NASDAQ:SANM – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The firm had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm’s quarterly revenue was up 69.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.53 earnings per share. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Equities research analysts forecast that Sanmina will post 10.41 EPS for the current year.

About Sanmina

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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.