Sanmina (SANM) reported earnings 30 days ago. What's next for the stock?
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.
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Sanmina (SANM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The consensus price target hints at a 25.3% upside potential for Sanmina (SANM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
I reiterated Sanmina Corporation (SANM) as a Strong Buy with an updated price target of $277, driven by robust Q3 2026 results. ZT Systems acquisition is transforming SANM into a key AI infrastructure manufacturer, evidenced by accelerated revenue, margin, and EPS growth. Q3 2026 saw revenue of $3.46B, non-GAAP operating margin of 8%, and EPS of $3.31, surpassing prior guidance and strengthening the investment thesis.
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 (SANM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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.
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.
SANM is converting cloud and AI-driven revenue growth into stronger margins and earnings through disciplined execution and operational improvements.
Sanmina Corporation SANM has delivered stronger-than-expected quarterly results while raising its fiscal outlook amid rising demand for artificial intelligence infrastructure. That has renewed investor interest in whether the stock still offers an attractive opportunity.