Zacks Investment Research·2d ago
Is the Options Market Predicting a Spike in Sanmina Stock?Investors need to pay close attention to SANM stock based on the movements in the options market lately.
Sanmina is undergoing a transformative AI-driven growth inflection, with revenue surging 69.7% year-over-year to $3.5B in 2026Q3 and gross margins expanding 220 basis points to 10.5%, signaling a favorable mix shift toward high-complexity data center programs.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue accelerated 69.7% year-over-year to $3.5B in 2026Q3, with gross margin expanding 220 basis points to 10.5% and operating income surging 184% from $78.5M to $222.7M, demonstrating significant operating leverage.
Sanmina's Q1 fiscal 2026 results showed revenue rising to US$3,189.69 million, indicating strong top-line performance.
The stock has a consensus target price of $200 with an implied upside of -19.7%, reflecting bullish sentiment.
MarketBeat offers comprehensive SEC filing history for Sanmina, including 10-K, 10-Q, and 8-K reports, aiding investor transparency.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 27, 2026 | $3.31+19.5% vs $2.77 | $3.5B+2.0% vs $3.4B |
Q2 2026 Apr 27, 2026 | $3.16+30.6% vs $2.42 | $4.0B+22.2% vs $3.3B |
Q1 2026 Jan 26, 2026 | $2.38+10.7% vs $2.15 | $3.2B+3.7% vs $3.1B |
Q4 2025 Nov 3, 2025 | $1.67+6.4% vs $1.57 | $2.1B+1.9% vs $2.1B |
Investors need to pay close attention to SANM stock based on the movements in the options market lately.
Sanmina Corporation SANM is scheduled to report fourth-quarter fiscal 2026 earnings on Nov. 9. The Zacks Consensus Estimate for sales and earnings is pegged at $3.48 billion and $3.27 per share, respectively.
Sanmina's stock has lost 25% in six months, but its expanding AI infrastructure footprint, improving profitability and rising earnings estimates signal upside.
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.
Benchmark SANM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Sanmina Corporation (SANM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $134.68 | $7.22B | 24.10 | 7.4% | 2.41% | 11.66% | — | |
| $239.09 | $25.22B | 24.32 | 20.64% | 2.9% | 73.9% | 0.14% | |
| $206.68 | $23.76B | 20.21 | 28.46% | 6.83% | 38.32% | — | |
| $69.78 | $25.57B | 25.17 | 8.14% | 3.35% | 19.23% | — | |
| $60.40 | $2.17B | 39.24 | 0.11% | 1.9% | 5.05% | 1.11% | |
| $192.17 | $5.14B | 25.85 | 23.11% | 4.08% | 13.34% | — |
Sanmina Corporation (SANM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Sanmina Corporation (SANM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 27, 2026·SEC
Apr 27, 2026·SEC
Mar 12, 2026·SEC
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Sanmina Corporation (SANM) stock FAQ — growth, dividends, profitability & financials explained
Sanmina Corporation (SANM) reported $12.76B in revenue over the trailing twelve months. Revenue was $8.13B in fiscal year 2025. That is 2966% more than the $265.1M of fiscal year 1996.
Sanmina Corporation (SANM) grew revenue by 58.6% over the trailing twelve months, compared with the twelve months before.
Yes. Sanmina Corporation (SANM) earned $308.1M in net income over the trailing twelve months (a 2.4% net margin).
Sanmina Corporation (SANM) had a return on equity (ROE) of 11.7% over the trailing twelve months. That is in line with the market's typical 10-15%.
Sanmina Corporation (SANM) generated $594.1M in free cash flow over the trailing twelve months.
