Sanmina Corporation (NASDAQ:SANM) Stock Has Consensus Target Price of $198.33 According to Brokerages

Shares of Sanmina Corporation (NASDAQ:SANM - Get Free Report) have been assigned an average rating of "Hold" from the five ratings firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $198.33.

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

Sanmina Trading Up 11.1%

Shares of Sanmina stock opened at $149.64 on Tuesday. Sanmina has a 1 year low of $118.10 and a 1 year high of $288.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The business has a 50 day moving average price of $192.37 and a 200 day moving average price of $190.56. The company has a market capitalization 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 - Get Free Report) last announced its earnings results on Monday, November 9th. The electronics maker reported $4.43 earnings per share for the quarter, beating the consensus estimate of $3.27 by $1.16. The firm had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.48 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm's revenue for the quarter was up 84.0% on a year-over-year basis. During the same quarter 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. Sell-side analysts anticipate that Sanmina will post 10.74 EPS for the current fiscal year.

Institutional Trading of Sanmina

A number of institutional investors and hedge funds have recently made changes to their positions in SANM. Hantz Financial Services Inc. grew its position in Sanmina by 18.3% during the third quarter. Hantz Financial Services Inc. now owns 2,030 shares of the electronics maker's stock valued at $436,000 after acquiring an additional 314 shares during the period. Royce & Associates LP increased its stake in Sanmina by 3.1% during the third quarter. Royce & Associates LP now owns 60,013 shares of the electronics maker's stock worth $12,897,000 after acquiring an additional 1,821 shares during the last quarter. Virtus Advisers LLC raised its holdings in shares of Sanmina by 21.4% in the 3rd quarter. Virtus Advisers LLC now owns 6,288 shares of the electronics maker's stock worth $1,351,000 after purchasing an additional 1,109 shares during the period. Trillium Asset Management LLC purchased a new position in shares of Sanmina in the 3rd quarter worth about $3,973,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Sanmina by 3.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 24,591 shares of the electronics maker's stock worth $5,285,000 after purchasing an additional 796 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Sanmina

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

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.

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