SANM outshines in 2026 outlook with surging sales, rising EPS estimates and cheaper valuation, while QCOM faces declines and revenue pressure.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
SANM drives the future of automotive electronics, powering EVs and smart vehicles with advanced systems, ADAS and connectivity solutions.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Sanmina Corporation SANM has gained 26.4% in the past six months compared with the Electronic Manufacturing Services industry's growth of 32.3%. It has outperformed the Zacks Computer & Technology sector and the S&P 500's growth during this period.
Sanmina transformed its growth trajectory with the nearly $3B ZT Systems acquisition, capitalizing on surging AI/data center demand. ZT is accretive, driving Q1 revenue up 60% YoY and non-GAAP margins to 6.0%, but Q2 guidance signals slower sequential growth. Realistic 2026 earnings are $8/share on a $13B revenue run rate, with net debt lower than expected due to favorable working capital.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Sanmina Corporation's Q1 report had significant importance, being the first report after the company's transformative ZT Systems acquisition. First quarter financials proved SANM's stable profitability after ZT Systems' acquisition and beat expectations clearly. Weak Q2 guidance caused market concerns over SANM's growth. I believe that SANM's positioning in AI infrastructure still makes the longer-term outlook great.
SANM posts strong Q1 FY26 as revenues jump 59%, earnings beat the consensus mark, cash flow improves, and outlook calls for $3.1-$3.4B in Q2 sales.
Sanmina Corporation (SANM) Q1 2026 Earnings Call Transcript