Sanmina Corporation (SANM)
Sanmina: The 2027 Guidance Provides Comfort
Sanmina delivered a blowout Q2, with revenues more than doubling to $4.01 billion, driven by the ZT Systems acquisition and robust AI/data center demand. Q2 results exceeded expectations, but management confirmed sales were pulled forward, with H2 2024 revenues expected to normalize around a $14 billion run rate. Sanmina's 2027 guidance targets over $16 billion in sales and realistic earnings of $11 per share, supporting recent share price re-rating to 20x forward earnings.
Sanmina Beats Q2 Earnings Estimates on Solid ZT Systems Momentum
SANM tops Q2 estimates as ZT Systems drives a 102% revenue surge.
Sanmina: Market Finally Realizes Growth Potential (Rating Downgrade)
Sanmina Corporation reported a clear double beat in Q2. ZT Systems' shipments were pushed to Q2 from the second half, aiding revenues. The core Sanmina business's growth momentum remained good. Sanmina guides good earnings ahead, as the AI data center market's expansion creates a platform for growth.
Sanmina Corporation (SANM) Q2 2026 Earnings Call Transcript
Sanmina Corporation (SANM) Q2 2026 Earnings Call Transcript
Sanmina (SANM) Tops Q2 Earnings and Revenue Estimates
Sanmina (SANM) came out with quarterly earnings of $3.16 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $1.41 per share a year ago.
Is Sanmina Stock a Smart Buy Ahead of Q2 Earnings Release?
SANM heads into fiscal Q2 earnings with strong AI infrastructure demand tailwinds, but macro pressures, supply chain issues cloud outlook.
Sanmina (SANM) Earnings Expected to Grow: Should You Buy?
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: Attractive Growth Path Ahead
I rate Sanmina a buy, driven by transformative exposure to cloud and AI infrastructure following the ZT Systems acquisition. ZT significantly shifts SANM's revenue mix, boosting cloud infrastructure exposure from 38% to 63% and enabling access to hyperscaler customers and liquid cooling capabilities. SANM's agreement with AMD positions it to benefit from the upcoming Helios rack rollout, with even a 10% TAM share representing $1.3 billion in potential revenue.
SANM's Operating Margin Growth Moderates: Can Growth Be Sustained?
SANM's operating margin edges higher as AI and cloud demand boosted profitability, but rising costs tied to ZT Systems raise questions about sustaining growth.
Can Sanmina's Modern Defense Portfolio Boost Its Growth Prospects?
SANM delivers integrated manufacturing solutions for defense and aerospace, producing advanced electronics for radar, satellites, avionics and mission systems.
Can Vertically Integrated Manufacturing Stoke Growth for SANM?
Sanmina bets on vertically integrated, end-to-end manufacturing and 42Q connected factories, yet supply-chain delays and fierce rivals cloud the outlook.
SANM Gains From Diverse Portfolio Offering: Will It Boost Prospects?
SANM's diversified end-market reach and vertically integrated model drive resilience, flexibility, and rising estimates, signaling potential for further upside.
