Sanmina (NASDAQ:SANM) Announces FY 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 15.500-17.500 for the period, compared to the consensus EPS estimate of 13.900. The company issued revenue guidance of $17.5 billion-$19.5 billion, compared to the consensus revenue estimate of $16.7 billion. Sanmina also updated its Q1 2027 guidance to 3.500-3.850 EPS.

Sanmina Stock Up 11.1%

SANM stock traded up $14.96 during midday trading on Monday, reaching $149.64. 1,539,790 shares of the company’s stock traded hands, compared to its average volume of 875,211. The company has a market cap of $8.02 billion, a price-to-earnings ratio of 26.77, a P/E/G ratio of 0.37 and a beta of 1.72. The firm’s fifty day moving average price is $193.26 and its 200-day moving average price is $190.72. The company has a quick ratio of 1.06, a current ratio of 1.78 and a debt-to-equity ratio of 0.71. Sanmina has a 52 week low of $118.10 and a 52 week high of $288.68.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, November 9th. The electronics maker reported $4.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.27 by $1.16. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.48 billion. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. As a group, sell-side analysts forecast that Sanmina will post 10.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SANM. JPMorgan Chase & Co. lowered their target price on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Sunday, October 11th. Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, Weiss Ratings downgraded Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Sanmina presently has an average rating of “Hold” and an average price target of $198.33.

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.