Sanmina (NASDAQ:SANM) Issues Q1 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its first quarter 2027 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 3.500-3.850 for the period, compared to the consensus estimate of 2.910. Sanmina also updated its FY 2027 guidance to 15.500-17.500 EPS.

Sanmina Price Performance

Shares of SANM opened at $155.43 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78. Sanmina has a fifty-two week low of $118.10 and a fifty-two week high of $288.68. The firm has a 50-day simple moving average of $191.55 and a 200-day simple moving average of $190.44. The company has a market capitalization of $8.33 billion, a price-to-earnings ratio of 22.69, a price-to-earnings-growth ratio of 0.41 and a beta of 1.72.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, November 9th. The electronics maker reported $4.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.27 by $1.16. The company had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Sanmina had a net margin of 2.60% and a return on equity of 24.00%. Sanmina’s revenue was up 84.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.67 EPS. 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, equities research analysts anticipate that Sanmina will post 13.20 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SANM. JPMorgan Chase & Co. reduced their price target on shares of Sanmina from $270.00 to $230.00 and set a “neutral” rating on the stock in a report on Tuesday. Weiss Ratings cut shares of Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 11th. Finally, Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Sanmina presently has an average rating of “Hold” and a consensus target price of $188.33.

Key Stories Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: For fiscal Q4 2026, Sanmina reported EPS of $4.43 versus the $3.27 consensus and revenue of $3.86 billion versus $3.48 billion expected. Revenue grew 84% year over year. Sanmina Reports Fourth Quarter and Fiscal 2026 Financial Results
• Positive Sentiment: Management forecast fiscal 2027 revenue of $17.5 billion–$19.5 billion and EPS of $15.50–$17.50, both above analyst expectations. First-quarter EPS guidance also exceeded consensus. The outlook reflects continued AI and cloud demand, including growth in cloud and AI systems. Sanmina FY 2027 outlook
• Neutral Sentiment: JPMorgan lowered its price target to $230 from $270 and maintained a Neutral rating. The reduced target may temper enthusiasm, although it remains above the price cited in the report. JPMorgan cuts Sanmina price target

Sanmina Company Profile

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.