Sanmina Corporation (NASDAQ:SANM) Receives Average Rating of “Moderate Buy” from Brokerages

Sanmina Corporation (NASDAQ:SANM) has been assigned an average rating of “Moderate Buy” from the five analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $198.3333.

Several research analysts have commented on SANM shares. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. decreased their price target on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday. Finally, Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th.

Insider Activity at Sanmina

In other Sanmina news, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $265.80, for a total value 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 trade represents a 11.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jure Sola sold 118,368 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the completion of the transaction, the chief executive officer directly owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. The trade was a 8.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Sanmina

Several large investors have recently added to or reduced their stakes in SANM. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 21,174.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 25,529 shares of the electronics maker’s stock valued at $3,831,000 after acquiring an additional 25,409 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Sanmina by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock worth $244,500,000 after purchasing an additional 58,529 shares in the last quarter. Legato Capital Management LLC purchased a new position in shares of Sanmina during the fourth quarter worth about $1,233,000. Fisher Asset Management LLC increased its position in shares of Sanmina by 289.6% in the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock worth $97,571,000 after purchasing an additional 483,312 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. increased its position in shares of Sanmina by 57.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock worth $98,833,000 after purchasing an additional 278,465 shares during the last quarter. Institutional investors own 92.71% of the company’s stock.

Sanmina Trading Up 1.1%

NASDAQ:SANM opened at $185.56 on Friday. Sanmina has a 1 year low of $108.36 and a 1 year high of $288.68. The stock’s fifty day moving average price is $231.54 and its two-hundred day moving average price is $187.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.03. The company has a market cap of $9.95 billion, a P/E ratio of 33.19, a P/E/G ratio of 0.65 and a beta of 1.56.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.54. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The company had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period in the previous year, the business earned $1.53 earnings per share. The firm’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. As a group, analysts expect that Sanmina will post 10.41 EPS for the current year.

Key Headlines Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Strong Buy upgrade: Zacks upgraded Sanmina to Rank #1 (Strong Buy), citing growing optimism around earnings prospects and estimate revisions. Sanmina Upgraded to Strong Buy
• Positive Sentiment: Broad earnings estimate increases: Sidoti raised its FY2026 EPS forecast to $10.82 from $8.81, well above the current consensus of $9.36. It also increased its FY2027 estimate to $11.57 from $10.24 and lifted quarterly forecasts for Q4 2026 and Q1–Q4 2027. These revisions suggest analysts expect stronger profitability across Sanmina’s electronics manufacturing business. Sanmina analyst estimates
• Positive Sentiment: Growth and value recognition: Sanmina was included in Zacks’ Rank #1 Strong Buy lists for both growth and value stocks, reinforcing the stock’s appeal across multiple investment styles. Best Growth Stocks Best Value Stocks
• Positive Sentiment: Long-term earnings growth: Sidoti projected EPS of $13.93 for FY2028, following estimates of $11.57 for FY2027 and $10.82 for FY2026. The projections point to a continued earnings-growth trajectory, although they are forecasts rather than reported results.
• Neutral Sentiment: Zacks also highlighted Sanmina’s value characteristics and assessed whether the stock remains undervalued, but the article provided no new company operating data or specific valuation target. Is Sanmina Stock Undervalued?

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.