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SASANM

Sanmina Corporation

$SANM·$11B·Hardware, Equipment & Parts·Technology
$193.30-0.4%YTD+6.5%1Y+62.5%
Mentions · last 7 days
2026-08-21: 3 posts2026-08-22: 1 posts2026-08-23: 6 posts19-38%
Price updated 14m ago·X counts updated 8d ago
SASANM
$SANMSanmina Corporation
$193.30-0.37%19 posts-38%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $SANM, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-08-31

The move is getting stronger, with heavier trading behind it.

Sanmina delivered the AI-server print bulls asked for — Q3 revenue +70% YoY — but the tape sold the sector, not the number.

Sanmina (SANM) posted the kind of quarter that would have run any other stock into a new high; instead, sector rotation absorbed most of it.

  • Q3 FY26 revenue of $3.46B was up ~70% YoY on ZT Systems integration and AI server-rack demand, EPS of $3.31 beat by ~19%, and management raised FY26 EPS guidance to $11.90-$12.20.
  • Despite the beat-and-raise, the stock sold off ~10-20% into the AI-infrastructure unwind alongside NVTS and AMKR — a sentiment move, not a fundamentals one, per the reported chatter.
  • Margins remain thin (~4-5% op margin) even at this scale, so the durability of the current earnings trajectory depends on ZT program economics and continued hyperscaler capex — both externally driven.

Bottom line: the numbers are as good as they've been in this cycle; the tape's disconnection from them is the risk to watch, not the operating story.

Agrees with X sentimentRetail is (correctly) reading Q3 as the AI-server report the sector needed; the price disconnection is a sentiment overlay, not a fundamental disagreement.

What to watch: Hyperscaler capex commentary (MSFT/META/GOOG/AMZN), ZT Systems program-margin evolution, and any AI-infrastructure order-book updates.

On the calendar: Q4 FY26 earnings — 2026-11-02.

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Mixed sentiment10 posts analyzed · as of 2026-08-03

Sanmina posted a monster Q3 with revenue $3.46B (+69.7% YoY) beating $3.40B est, EPS $3.31 vs $2.77, non-GAAP operating margin at 8.0%, and raised FY26 EPS guide to $11.90-$12.20 driven by ZT Systems integration and AI server rack demand. Yet the stock fell about 10-20% as part of the broader AI-infrastructure unwind alongside NVTS and AMKR; posters call this the report AI needed but blame sector rotation for the sell-off.

Read the AI verdict + X sentiment for $SANM

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Provides integrated contract manufacturing, components, and supply chain services for defense, medical, industrial, and telecom OEMs.

Industry overviewAI analysisGenerated by AI from underlying data

Where Hardware, Equipment & Parts sits in its cycle right now — and what that implies for $SANM.

Hardware, Equipment & Parts · Technology

AI server infrastructure buildout drives compute shipment volumes; Dell and HPE are riding the same hyperscaler capex wave that lifted NVDA. Non-AI commercial refresh remains soft, so the bull case is concentrated in AI infrastructure exposure.

What this means for $SANM

Partial — cloud infrastructure exposure benefits indirectly from hyperscaler capex; core business is Sanmina Corporation delivers comprehensive manufacturing services, encompassing .

Top industry ETF

$SOXXiShares Semiconductor ETF
+75.7%YTD
+101.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
52.7How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
7.4%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
4.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
5.4%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
1.2Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
10.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
8.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.9Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 27, 2026$3.31$2.77+19.5%
Q1 2026Apr 27, 2026$3.16$2.42+30.6%
Q4 2025Jan 26, 2026$2.38$2.15+10.7%
Q3 2025Nov 3, 2025$1.67$1.57+6.4%
Next earningsMon, Nov 2·consensus EPS $3.26

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$4.0B+102.3%8.8%5.7%$1.72$342.1M
Q1 FY26$3.2B+59.0%7.6%3.7%$0.91$91.9M
Q4 FY25$2.1B+3.9%9.1%3.7%$0.90$136.6M
Q3 FY25$2.0B+10.9%8.9%4.7%$1.28$163.7M

Forward consensus

3-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$14.1B$13.9B – $14.4B$11.16$10.98 – $11.293
FY27$16.2B$15.5B – $17.3B$12.98$12.21 – $13.783
FY28$17.7B$16.5B – $18.9B$14.49$13.96 – $15.082

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.9×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.47%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-7.5%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+6.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 51.9M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.3% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.605-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellMay 29Jonathan P FaustCFO10.1K sh$2.7MSellMay 26Reid Alan McwilliamsEVP, Global Human Resources5.0K sh$1.3MSellMay 8Reid Alan McwilliamsEVP, Global Human Resources1.0K sh$249KSellMay 6Jure SolaCEO118.4K sh$27.1MSellMay 4Reid Alan McwilliamsEVP, Global Human Resources1.0K sh$225KSellMay 1David V HedleyDirector500 sh$110KSellMay 1Reid Alan McwilliamsEVP, Global Human Resources1.0K sh$218KSellApr 30Vishnu VenkateshSee Remarks2.3K sh$484KSellApr 29Joseph G LicataDirector26.6K sh$5.6M
+ 8 other (7 awards · 1 inkind) in window

See when $SANM insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeMar 128-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote
+ 12 other (6 13Gs · 2 10-Qs · 2 earnings 8-Ks · 1 SD) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Why Sanmina (SANM) is a Top Value Stock for the Long-Termzacks.com·3d agoSanmina (SANM) Up 10.8% Since Last Earnings Report: Can It Continue?zacks.com·5d ago345,828 Shares in Sanmina Corporation $SANM Acquired by Bank of New York Mellon Corpdefenseworld.net·6d ago3 AI Stocks to Buy Before September for Huge Upsidezacks.com·6d agoAre Investors Undervaluing Sanmina (SANM) Right Now?zacks.com·7d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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