Sanmina Corporation (SANM) – What Are Researchers Saying About This Stock?

Sanmina Corporation (NASDAQ:SANM) has received a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $198.33.

SANM has been the subject of a number of analyst reports. Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 11th. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Finally, JPMorgan Chase & Co. cut their price target on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th.

Sanmina Price Performance

SANM opened at $149.64 on Tuesday. The company has a 50 day moving average of $192.37 and a two-hundred day moving average of $190.56. Sanmina has a 52-week low of $118.10 and a 52-week high of $288.68. The company has a quick ratio of 1.06, a current ratio of 1.78 and a debt-to-equity ratio of 0.71. The company has a market cap 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.

Sanmina (NASDAQ:SANM) last posted 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 during 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%. The company’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 earnings per share. 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, analysts expect that Sanmina will post 10.74 earnings per share for the current year.

More Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: For fiscal Q4 2026, Sanmina earned $4.43 per share, beating the $3.27 consensus estimate and rising from $1.67 a year earlier. Revenue was $3.86 billion, ahead of the $3.48 billion estimate and up 84% year over year. Sanmina fiscal 2026 results
• Positive Sentiment: Management’s fiscal 2027 outlook also topped expectations: EPS guidance of $15.50–$17.50 compares with analyst consensus of $13.90, while revenue guidance of $17.5 billion–$19.5 billion is above the $16.7 billion estimate. Sanmina Q4 earnings and guidance
• Positive Sentiment: First-quarter fiscal 2027 EPS guidance of $3.50–$3.85 likewise exceeds the $2.91 consensus, reinforcing expectations for continued earnings momentum. Sanmina beats Q4 estimates

Institutional Investors Weigh In On Sanmina

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Sanmina in the 2nd quarter valued at approximately $1,390,702,000. Bank of America Corp DE grew its position in shares of Sanmina by 14.6% during the first quarter. Bank of America Corp DE now owns 945,382 shares of the electronics maker’s stock worth $122,559,000 after buying an additional 120,164 shares in the last quarter. Alyeska Investment Group L.P. grew its position in shares of Sanmina by 365.4% during the second quarter. Alyeska Investment Group L.P. now owns 504,067 shares of the electronics maker’s stock worth $127,569,000 after buying an additional 395,764 shares in the last quarter. Hennessy Advisors Inc. grew its position in shares of Sanmina by 13.9% during the second quarter. Hennessy Advisors Inc. now owns 347,400 shares of the electronics maker’s stock worth $87,920,000 after buying an additional 42,500 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Sanmina in the second quarter worth $87,522,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

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.