Sanmina (NASDAQ:SANM) Price Target Raised to $200.00

Sanmina (NASDAQ:SANM) had its price target lifted by Argus to $200.00 in a research note published on Wednesday, Marketbeat.com reports. The brokerage currently has a buy rating on the electronics maker’s stock.

Other equities analysts also recently issued reports about the company. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.00.

Sanmina Trading Down 8.3%

Shares of NASDAQ SANM opened at $141.68 on Wednesday. The firm’s 50 day moving average price is $158.99 and its 200-day moving average price is $137.08. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.02 and a current ratio of 1.70. Sanmina has a 52-week low of $63.67 and a 52-week high of $185.29. The company has a market cap of $7.74 billion, a PE ratio of 33.81, a P/E/G ratio of 0.70 and a beta of 1.05.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter in the previous year, the business earned $1.16 earnings per share. The company’s revenue was up 59.0% on a year-over-year basis. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, equities research analysts expect that Sanmina will post 5.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Sanmina news, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total transaction of $103,260.24. Following the transaction, the insider owned 23,500 shares of the company’s stock, valued at $3,506,670. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.22% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SANM. Optiver Holding B.V. raised its holdings in Sanmina by 36.6% during the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 59 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Sanmina during the 3rd quarter valued at approximately $26,000. Root Financial Partners LLC bought a new stake in Sanmina during the 3rd quarter valued at approximately $34,000. TD Waterhouse Canada Inc. lifted its holdings in Sanmina by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after purchasing an additional 85 shares in the last quarter. Finally, MAI Capital Management bought a new position in Sanmina in the 2nd quarter worth approximately $41,000. Hedge funds and other 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: Management said AI-driven demand is powering a strong start to 2026, supporting revenue and margin outlooks — a growth narrative investors value. Sanmina Earnings Call: AI Growth Fuels Powerful 2026 Start
• Positive Sentiment: Analysts (Argus) raised the price target to $200 with a Buy rating, signaling significant upside versus recent levels and reflecting confidence in multi-quarter growth potential. Argus raises price target to $200
• Positive Sentiment: Third‑party writeups (Zacks/MSN) emphasize Sanmina’s attractive value and growth profile — style-score and valuation pieces that can support longer-term buying interest. Here’s Why Sanmina is a Strong Growth Stock Top Value Stock for the Long-Term
• Neutral Sentiment: Sidoti issued a batch of estimate changes — a small cut to Q2 2026 EPS but several raises to FY/other quarter forecasts — showing analysts are recalibrating near-term vs. longer-term expectations. This creates mixed signals: long-term upgrades but near-term volatility. MarketBeat SANM summary (Sidoti notes)
• Negative Sentiment: Short‑term selling pressure and valuation concerns prompted by recent strong gains likely drove intraday weakness — AAII highlights a sharp short-term decline and points to profit‑taking and cyclical volatility as causes. Why SANM Stock Is Down 9.07%

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.