SANM is expanding manufacturing, automation and AI systems capabilities to capture rising demand from cloud and accelerated computing platforms.
SANM tops fiscal Q3 earnings and revenue estimates as AI demand, cloud momentum and strong execution fuel growth and prompt higher full-year guidance.
SANM highlights AI infrastructure growth, ZT Systems integration, new customer wins and a raised fiscal outlook after strong Q3 results.
Sanmina Corporation (SANM) Q3 2026 Earnings Call Transcript
Sanmina NASDAQ: SANM reported fiscal third-quarter revenue of $3.46 billion, up 69.7% from a year earlier, as growth in its core business and the contribution from ZT Systems lifted results. The company said revenue reached the high end of its outlook range, while non-GAAP operating margin and earnings per share exceeded its prior expectations.
Sanmina (SANM) came out with quarterly earnings of $3.31 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $1.53 per share a year ago.
SANM is expected to post stronger fiscal Q3 results as AI-driven demand and production ramps lift revenues despite pricing and macro headwinds.
Sanmina (SANM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sanmina is rated buy with a $312 price target, driven by strong ZT Systems integration and accelerating AI infrastructure demand. Q2 FY26 revenue surged 102% YoY to $4.01B, with ZT Systems contributing $1.88B and future growth underpinned by next-gen product ramps. SANM's strategic focus on vertical integration, customer diversification, and U.S. manufacturing positions it for margin expansion and de-risked FY27 revenue.
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.
Does Sanmina (SANM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Sanmina Corporation SANM reported a non-GAAP operating profit of $257 million in the second quarter of 2026, up from $111 million a year ago. Non-GAAP operating margin improved to 6.4% from 5.6%.