Sidoti Csr Issues Pessimistic Outlook for Sanmina Earnings

Sanmina Corporation (NASDAQ:SANM) – Investment analysts at Sidoti Csr reduced their Q2 2026 EPS estimates for shares of Sanmina in a research report issued to clients and investors on Tuesday, January 27th. Sidoti Csr analyst A. Soderstrom now anticipates that the electronics maker will post earnings per share of $1.92 for the quarter, down from their previous 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 research analysts have also recently weighed in on SANM. Argus lifted their price target on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday. Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $160.00.

Sanmina Trading Down 8.3%

NASDAQ SANM opened at $141.68 on Friday. The firm has a market cap of $7.74 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 0.70 and a beta of 1.05. The company has a current ratio of 1.70, a quick ratio of 1.02 and a debt-to-equity ratio of 0.75. The stock has a 50-day moving average of $158.99 and a 200-day moving average of $137.31. Sanmina has a 1-year low of $63.67 and a 1-year high of $185.29.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.23. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the business posted $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.

Insider Buying and Selling at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the completion of the sale, the insider owned 23,500 shares in the company, valued at approximately $3,506,670. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its position in shares of 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 buying an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Sanmina during the third quarter valued at $26,000. Root Financial Partners LLC bought a new stake in Sanmina in the 3rd quarter valued at $34,000. Salomon & Ludwin LLC purchased a new stake in Sanmina in the 3rd quarter worth $41,000. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of Sanmina by 27.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares during the last quarter. 92.71% of the stock is currently owned by institutional investors.

Key Stories Impacting Sanmina

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%

Sanmina Company Profile

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.