Sidoti Csr Forecasts Sanmina’s Q2 Earnings (NASDAQ:SANM)

Sanmina Corporation (NASDAQ:SANM) – Analysts at Sidoti Csr reduced their Q2 2026 earnings per share estimates for Sanmina in a research report issued to clients and investors on Tuesday, January 27th. Sidoti Csr analyst A. Soderstrom now forecasts that the electronics maker will post earnings of $1.92 per share for the quarter, down from their prior estimate of $1.97. The consensus estimate for Sanmina’s current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina’s FY2026 earnings at $8.54 EPS.

Several other equities analysts also recently commented on SANM. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. Argus lifted their price objective on Sanmina to $200.00 and gave the company a “buy” rating in a report on Wednesday. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $160.00.

Sanmina Stock Up 1.2%

Shares of SANM opened at $154.43 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. The company has a 50-day moving average price of $159.10 and a two-hundred day moving average price of $136.82. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 36.86, a P/E/G ratio of 0.72 and a beta of 1.05. Sanmina has a 12 month low of $63.67 and a 12 month high of $185.29.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.23. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business’s revenue was up 59.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS.

Insider Buying and Selling

In other Sanmina news, insider Vishnu Venkatesh sold 692 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total value of $103,260.24. Following the completion of the transaction, the insider directly owned 23,500 shares of the company’s stock, valued at approximately $3,506,670. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.22% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Invesco Ltd. lifted its stake in shares of Sanmina by 74.6% during the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock valued at $251,590,000 after acquiring an additional 933,974 shares during the period. Frontier Capital Management Co. LLC raised its holdings in Sanmina by 20.9% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock worth $120,515,000 after purchasing an additional 213,025 shares during the last quarter. Global Alpha Capital Management Ltd. lifted its position in Sanmina by 6.7% during the 2nd quarter. Global Alpha Capital Management Ltd. now owns 868,891 shares of the electronics maker’s stock valued at $85,004,000 after purchasing an additional 54,200 shares during the period. Allianz Asset Management GmbH lifted its position in Sanmina by 3.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker’s stock valued at $89,395,000 after purchasing an additional 27,384 shares during the period. Finally, Norges Bank bought a new position in shares of Sanmina in the 2nd quarter valued at about $63,671,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

More Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Management said AI-related customer demand is powering a strong start to 2026 and reiterated upbeat near-term outlook following the quarter that topped estimates; that commentary helps explain renewed investor interest. Sanmina Earnings Call: AI Growth Fuels Powerful 2026 Start
• Positive Sentiment: Argus raised its price target to $200 and kept a Buy rating, signaling analyst conviction in upside (roughly ~29.5% above the recent open) and lending technical/psychological support to the stock. SANM Price Target Raised by Argus
• Positive Sentiment: Sanmina’s composite rating rose to 97, a measure that can reflect improved fundamentals/credit/performance perception and tends to reduce investor risk premium. Sanmina sees its composite rating rise to 97
• Positive Sentiment: Market commentary frames the post-earnings pullback as a buying opportunity tied to Sanmina’s exposure to AI hardware demand and accelerated revenue growth. That narrative is attracting value-focused and thematic buyers. Sanmina: Post-Earnings Crash Presents Undervalued AI Opportunity
• Positive Sentiment: Zacks highlights Sanmina as a long-term value pick based on style/valuation metrics, which may draw attention from retail and quant/value investors screening for beaten-down growth names. Why Sanmina (SANM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Sidoti issued a series of small estimate changes across 2026–2027 (mostly modest upward revisions to several quarters plus one offsetting cut), leaving full-year consensus roughly unchanged at about $5.15 EPS — mixed analyst tweaks that don’t materially alter the company-wide outlook.
• Negative Sentiment: One Sidoti note trimmed Q3 2027 EPS from $2.62 to $2.49, a downward revision that highlights some uncertainty in medium-term cadence and could be used by short-term traders to justify downside pressure.

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.