What is Sidoti’s Estimate for Sanmina FY2026 Earnings?

Sanmina Corporation (NASDAQ:SANM) – Equities researchers at Sidoti increased their FY2026 EPS estimates for Sanmina in a report issued on Tuesday, July 28th. Sidoti analyst A. Soderstrom now expects that the electronics maker will post earnings of $10.82 per share for the year, up from their prior estimate of $8.81. The consensus estimate for Sanmina’s current full-year earnings is $9.36 per share. Sidoti also issued estimates for Sanmina’s Q4 2026 earnings at $2.92 EPS, Q1 2027 earnings at $2.52 EPS, Q2 2027 earnings at $2.69 EPS, Q3 2027 earnings at $3.01 EPS, Q4 2027 earnings at $3.36 EPS, FY2027 earnings at $11.57 EPS and FY2028 earnings at $13.93 EPS.

Several other equities research analysts have also recently weighed in on SANM. Weiss Ratings upgraded Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. decreased their target price on Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $198.33.

Sanmina Stock Up 12.0%

NASDAQ SANM opened at $183.48 on Friday. Sanmina has a 1 year low of $108.36 and a 1 year high of $288.68. The stock has a market capitalization of $9.83 billion, a PE ratio of 32.82, a PEG ratio of 0.64 and a beta of 1.56. 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 business’s 50-day moving average is $232.76 and its 200 day moving average is $187.84.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating the consensus estimate of $2.77 by $0.54. The firm had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The company’s quarterly revenue was up 69.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.53 earnings per share. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS.

Insider Buying and Selling

In other news, CEO Jure Sola sold 118,368 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total value of $27,087,333.12. Following the completion of the transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. This represents a 8.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction that occurred 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 owned 77,000 shares of the company’s stock, valued at approximately $20,466,600. The trade was a 11.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sanmina

Institutional investors have recently added to or reduced their stakes in the company. Amundi bought a new stake in shares of Sanmina during the 1st quarter valued at $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Sanmina by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock worth $2,435,000 after acquiring an additional 1,387 shares in the last quarter. United Services Automobile Association bought a new position in shares of Sanmina in the 1st quarter worth about $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Sanmina by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock valued at $9,621,000 after acquiring an additional 12,061 shares during the period. Finally, Jane Street Group LLC lifted its position in Sanmina by 572.5% during the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after acquiring an additional 67,973 shares during the period. Institutional investors own 92.71% of the company’s stock.

Key Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sidoti sharply raised its earnings forecasts. The analyst lifted its FY2026 EPS estimate to $10.82 from $8.81, FY2027 EPS to $11.57 from $10.24, and Q4 2026 EPS to $2.92 from $2.38. Estimates for Q1-Q4 2027 were also raised, including Q3 EPS to $3.01 from $2.54 and Q4 EPS to $3.36 from $2.75. These revisions point to improved confidence in Sanmina’s earnings trajectory. Sidoti earnings estimate revisions
• Positive Sentiment: Longer-term growth expectations are also favorable. Sidoti initiated a FY2028 EPS estimate of $13.93 and projected quarterly EPS of $3.43 in Q1 and Q2 2028 and $3.52 in Q3 2028. The forecasts imply continued earnings expansion beyond FY2027. Sidoti long-term Sanmina earnings estimates
• Positive Sentiment: Recent operating performance supports the bullish revisions. Sanmina’s latest quarterly results exceeded expectations, with EPS of $3.31 versus the $2.77 consensus and revenue of $3.46 billion versus the $3.40 billion estimate. Revenue increased 69.7% year over year, while management provided FY2026 EPS guidance of $11.90-$12.20.
• Positive Sentiment: AI and cloud infrastructure demand are key catalysts. Recent analysis says Sanmina is converting AI-driven revenue growth into stronger margins and earnings through manufacturing expansion, automation and operational improvements. The company’s exposure to accelerated computing and cloud platforms is renewing investor interest. How SANM is Turning Revenue Growth Into Higher Profitability
• Neutral Sentiment: Valuation remains a consideration. With a P/E ratio above 30 and the stock trading well above its 200-day moving average, investors may require continued earnings growth to support further gains. Zacks nonetheless characterized SANM as a strong value stock. Why Sanmina is a Strong Value Stock

About Sanmina

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.