Sidoti Csr Has Pessimistic Outlook of Sanmina Q2 Earnings

Sanmina Corporation (NASDAQ:SANM) – Equities researchers at Sidoti Csr lowered their Q2 2026 EPS estimates for Sanmina in a research note issued to investors on Tuesday, January 27th. Sidoti Csr analyst A. Soderstrom now forecasts 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.

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, topping analysts’ consensus estimates of $2.15 by $0.23. The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business’s revenue for the quarter was up 59.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS.

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

Sanmina Stock Down 8.3%

Shares of NASDAQ:SANM opened at $141.68 on Friday. 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 capitalization 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 fifty day moving average of $158.99 and a 200-day moving average of $137.08.

Hedge Funds Weigh In On Sanmina

A number of large investors have recently modified their holdings of SANM. Amundi bought a new stake in shares of Sanmina in the 1st quarter valued at about $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 purchasing an additional 1,387 shares in the last quarter. United Services Automobile Association purchased a new stake in Sanmina in the first quarter worth about $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Sanmina by 10.6% in 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 purchasing an additional 12,061 shares during the period. Finally, Jane Street Group LLC lifted its position in Sanmina by 572.5% during the first quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after buying an additional 67,973 shares during the period. 92.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the business’s 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 completion of the transaction, the insider 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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.22% of the company’s stock.

Sanmina News Roundup

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.