Sanmina Set to Announce Strong Q2 Earnings with Significant Growth Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy SANM?
Source: seekingalpha
- Earnings Announcement: Sanmina is set to release its Q2 earnings on April 27th after market close, with a consensus EPS estimate of $2.40, reflecting a robust 70.2% year-over-year growth, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q2 stands at $3.27 billion, representing a 65.2% increase year-over-year, showcasing Sanmina's ability to expand its market share and sales capabilities amid strong market demand.
- Historical Performance Review: Over the past two years, Sanmina has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, demonstrating the company's stability and reliability in financial performance.
- Future Growth Target: Sanmina aims for $16 billion in revenue by 2027, driven by AI-led growth and the integration of ZT Systems, highlighting its proactive positioning for future market opportunities.
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Analyst Views on SANM
Wall Street analysts forecast SANM stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 180.020
Low
180.00
Averages
180.00
High
180.00
Current: 180.020
Low
180.00
Averages
180.00
High
180.00
About SANM
Sanmina Corporation is a global provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It provides end-to-end manufacturing solutions, delivering support to original equipment manufacturers in the industrial and energy, medical, defense and aerospace, automotive and transportation, communications networks and cloud and artificial intelligence infrastructure industries. Its operations are managed in two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS segment consists of printed circuit board assembly and test, high-level assembly and test and direct-order-fulfillment. CPS includes advanced printed circuit boards, backplanes and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts and plastic injected molded parts. Its products include optical, radio frequency and microelectronic design and manufacturing services, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sanmina Set to Announce Strong Q2 Earnings with Significant Growth Estimates
- Earnings Announcement: Sanmina is set to release its Q2 earnings on April 27th after market close, with a consensus EPS estimate of $2.40, reflecting a robust 70.2% year-over-year growth, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q2 stands at $3.27 billion, representing a 65.2% increase year-over-year, showcasing Sanmina's ability to expand its market share and sales capabilities amid strong market demand.
- Historical Performance Review: Over the past two years, Sanmina has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, demonstrating the company's stability and reliability in financial performance.
- Future Growth Target: Sanmina aims for $16 billion in revenue by 2027, driven by AI-led growth and the integration of ZT Systems, highlighting its proactive positioning for future market opportunities.
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- Live Webcast Support: The conference will be available via a live webcast on Sanmina's website in the Investor Relations section, ensuring that global investors can access real-time financial information and strategic insights from the company.
- Replay Availability: A replay of the webcast will be accessible on the Sanmina website following the conclusion of the event, allowing investors who could not attend live to review the content, thereby enhancing information transparency.
- Company Background: Sanmina is a Fortune 500 company focused on providing integrated manufacturing solutions for the global Electronics Manufacturing Services market, serving multiple fast-growing sectors including medical, defense, and automotive, showcasing its leadership in technology.
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Sanmina Set to Announce Strong Q2 Earnings with Significant Growth Estimates
- Earnings Announcement: Sanmina is set to release its Q2 earnings on April 27th after market close, with a consensus EPS estimate of $2.40, reflecting a robust 70.2% year-over-year growth, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q2 stands at $3.27 billion, representing a 65.2% increase year-over-year, showcasing Sanmina's ability to expand its market share and sales capabilities amid strong market demand.
- Historical Performance Review: Over the past two years, Sanmina has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, demonstrating the company's stability and reliability in financial performance.
- Future Growth Target: Sanmina aims for $16 billion in revenue by 2027, driven by AI-led growth and the integration of ZT Systems, highlighting its proactive positioning for future market opportunities.
See More
Sanmina Corporation Schedules Q2 Fiscal 2026 Earnings Call
- Earnings Call Announcement: Sanmina Corporation has announced that it will host its Q2 fiscal 2026 earnings conference call on April 27, 2026, at 5:00 PM ET, aimed at updating investors on its latest financial performance and business developments.
- Live Webcast Support: The conference will be available via a live webcast on Sanmina's website in the Investor Relations section, ensuring that global investors can access real-time financial information and strategic insights from the company.
- Replay Availability: A replay of the webcast will be accessible on the Sanmina website following the conclusion of the event, allowing investors who could not attend live to review the content, thereby enhancing information transparency.
- Company Background: Sanmina is a Fortune 500 company focused on providing integrated manufacturing solutions for the global Electronics Manufacturing Services market, serving multiple fast-growing sectors including medical, defense, and automotive, showcasing its leadership in technology.
See More
Analysis of IJT Stock's 52-Week Performance
- Price Range Analysis: IJT's stock has a 52-week low of $107.38 and a high of $154.71, with the last trade at $141.10, indicating a relatively stable market performance that may attract investor interest.
- Technical Analysis Tool: Comparing the current stock price to the 200-day moving average can provide valuable insights for investors, aiding in market trend assessment and timing of investments.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade similarly to stocks, where investors buy and sell 'units' that can be created or destroyed based on investor demand, reflecting changes in market liquidity.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify those experiencing significant inflows or outflows, allowing investors to assess the impact on underlying assets and make more informed decisions.
See More
Investors Focus on Attractive EV/EBITDA Ratios
- Valuation Tool Comparison: While the price-to-earnings (P/E) ratio is popular among investors, the EV-to-EBITDA ratio is considered superior due to its comprehensive valuation approach, particularly in assessing potential acquisition targets, as it better reflects a company's true value and earnings potential.
- Industry Performance Variance: The EV-to-EBITDA ratio varies significantly across industries, with high-growth sectors typically exhibiting higher multiples, thus caution is advised when making cross-industry comparisons to avoid misleading investment decisions.
- Company Growth Expectations: Eni S.p.A. anticipates a year-over-year growth rate of 10.3% for 2026, while Sanmina Corp. boasts an impressive expected growth rate of 66.5%, and FirstSun Capital Bancorp and First American Financial Corp. project growth rates of 13.8% and 5%, respectively, indicating strong future profitability potential for these firms.
- Investment Strategy Recommendation: Investors are advised to combine EV-to-EBITDA with other major valuation ratios such as price-to-book (P/B) and price-to-sales (P/S) to comprehensively screen for value stocks, thereby enhancing the likelihood of investment success.
See More
S&P 500 Futures Rise in Pre-Market Trading; Evolution Metals, Techs, and Keysight Technologies Take the Lead
Market Opening: U.S. stock markets are set to open in two hours.
Evolution Metals & Technologies Corp. Performance: EMAT saw a significant increase of 21.9% in pre-market trading.
Keysight Technologies Inc. Performance: KEYS experienced a rise of 15.2% in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive investor sentiment ahead of the market opening.
See More
Sanmina's Earnings Beat Estimates but Stock Plummets
- Strong Earnings: Sanmina reported nearly $3.19 billion in net sales for Q1 FY2026, a significant increase from just over $2 billion last year, highlighting the company's robust growth potential in the AI market.
- Profit Growth: The company’s non-GAAP net income exceeded $132 million ($2.38 per share), surpassing analyst expectations of $2.14 per share, indicating improved profitability.
- Negative Market Reaction: Despite beating estimates, investors reacted negatively to the company's weak guidance, resulting in a nearly 22% drop in stock price, reflecting a disconnect between high market expectations and actual performance.
- Cautious Outlook: Sanmina projects Q2 net sales between $3.1 billion and $3.4 billion; although the adjusted EPS forecast exceeds the average analyst estimate, the market's expectation for higher sales figures indicates investor concerns about future performance.
See More
