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.
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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).
| Automobile Components Industry | Consumer Discretionary Sector | Jure Sola CEO | XDUS Exchange | US8010561020 ISIN |
| US Country | 39,000 Employees | - Last Dividend | 17 Aug 2009 Last Split | 14 Apr 1993 IPO Date |
Founded in 1980 with its headquarters in San Jose, California, Sanmina Corporation stands as a globally recognized entity, offering comprehensive integrated manufacturing solutions. The corporation skillfully provides a broad spectrum of services and products, catering to a diverse range of industries including industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions. Sanmina Corporation functions through two primary business segments: Integrated Manufacturing Solutions, and Components, Products, and Services. Through its extensive global footprint, Sanmina delivers a full suite of services encompassing product design and engineering, assembly and test services, direct order fulfillment, logistics services, after-market product service and support, and robust supply chain management solutions.