Sanmina (NASDAQ:SANM) Issues FY 2026 Earnings Guidance

Posted by Francis Steltz on Jul 29th, 2026

Sanmina (NASDAQ:SANM – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 11.900-12.200 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on SANM

Sanmina Stock Performance

SANM opened at $172.43 on Wednesday. The stock’s 50 day simple moving average is $235.12 and its 200-day simple moving average is $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. The stock has a market cap of $9.24 billion, a PE ratio of 30.85, a P/E/G ratio of 0.80 and a beta of 1.56. Sanmina has a 1 year low of $103.95 and a 1 year high of $288.68.

Sanmina (NASDAQ:SANM – Get Free Report) last issued its earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, topping the consensus estimate of $2.77 by $0.54. Sanmina had a return on equity of 19.36% and a net margin of 2.41%.The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the business earned $1.53 earnings per share. 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 forecast that Sanmina will post 9.36 EPS for the current year.

Insider Buying and Selling

In other Sanmina news, Director David V. Hedley III sold 500 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $219.52, for a total transaction of $109,760.00. Following the completion of the transaction, the director directly owned 7,376 shares in the company, valued at $1,619,179.52. This represents a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total value of $218,170.00. Following the transaction, the executive vice president directly owned 31,481 shares of the company’s stock, 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. Over the last ninety days, insiders have sold 129,944 shares of company stock valued at $30,093,464. 3.10% of the stock is currently owned by insiders.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in Sanmina during the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. grew its position in Sanmina by 182.5% during the 4th 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 during the last quarter. Steward Partners Investment Advisory LLC raised its position in Sanmina by 235.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock valued at $55,000 after purchasing an additional 259 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Sanmina in the fourth quarter valued at $60,000. Finally, Danske Bank A S acquired a new stake in shares of Sanmina in the third quarter valued at $69,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Company Profile

(Get Free Report)

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.