First Quarter Fiscal 2026 Financial Highlights Additional Highlights "Fiscal 2026 is off to a great start, with Q1 revenue and non-GAAP operating margin at the high-end of our outlook and non-GAAP EPS exceeding our outlook. In addition, the team did an excellent job delivering solid cash flow from operations," stated Jure Sola, Chairman and CEO of Sanmina Corporation. "Our Communications Networks and Cloud & AI Infrastructure end-markets continue to be strong as a result of ongoing demand for AI-driven hard ...

SAN JOSE, Calif., Jan. 26, 2026 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the first quarter ended December 27, 2025 and outlook for its second fiscal quarter ending March 28, 2026. First Quarter Fiscal 2026 Financial Highlights Additional Highlights See Schedule 1 below for information regarding the items excluded from and our use of non-GAAP financial measures. A reconciliation ...

With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Steel Dynamics Inc. (NASDAQ:STLD) to report quarterly earnings at $1.69 per share on revenue of $4.57 billion before the opening bell, according to data from Benzinga Pro. Steel Dynamics shares rose 1.4% to close at $181.32 on Friday.Baker Hughes Co. (NASDAQ:BKR) posted upbeat results for the fourth quarter. The company posted adjusted earnings of 78 cents pe ...

Sanmina Corporation (NASDAQ:SANM) is set to release its quarterly earnings with an anticipated EPS of $2.15 and revenue of approximately $3.09 billion.The company's strategic acquisition of ZT Systems' data center business aims to bolster its capabilities in the Cloud and AI sectors.Sanmina showcases a strong financial foundation with a P/E ratio of 39.14, a debt-to-equity ratio of 0.13, and a current ratio of 1.72.Sanmina Corporation, trading on NASDAQ as SANM, is a key player in the Electronics Manufactur ...

Key Takeaways Sanmina is set to report Q1 FY26 earnings with consensus sales of $3.1B and EPS of $2.15.SANM completed the ZT Systems data center deal, expanding Cloud and AI scale with new facilities.Sanmina partnered with Konar to co-design a medium-voltage transformer, boosting energy manufacturing.Sanmina Corporation (SANM) is scheduled to report first-quarter fiscal 2026 earnings after the market closes on Jan. 26. The Zacks Consensus Estimate for sales and earnings is pegged at $3.1 billion and $2.15 p ...

Core Insights - Sanmina Corporation (SANM) is focusing on advancing high-speed network infrastructure through its fiber expertise, providing reliable and scalable solutions for telecom, data center, and enterprise markets [1] Group 1: Product Offerings - Sanmina's fiber portfolio includes fiber optic cables, transceivers, assemblies, connectors, and active optical cables, delivering high bandwidth, low latency, and reliable performance [2] - The company also offers passive components, optical sub-assemblies, and ruggedized solutions for demanding applications, along with optical line cards, WDM components, and fiber panels [2] Group 2: Partnerships and Collaborations - Sanmina collaborates with Nokia Corporation (NOK) to produce fiber-optic network equipment and optical modules in the U.S., supporting broadband expansion programs like BEAD [3] - The company develops customized fiber solutions for challenging environments, making it a trusted partner for network operators upgrading their fiber infrastructure [3] Group 3: Market Outlook - According to Grand View Research, the global fiber optics market is projected to grow to approximately $17.95 billion by 2033, with a CAGR of 6.6% [4] - Sanmina's strengths in innovation, engineering, and global manufacturing position it to capitalize on the increasing demand for high-speed fiber connectivity [4] Group 4: Competitive Landscape - Sanmina faces competition from Corning Incorporated (GLW) and Amphenol Corporation (APH), with Corning focusing on high-bandwidth optical connections in AI data centers [5] - Amphenol has acquired CommScope's Connectivity and Cable Solutions business to enhance its fiber optic offerings and is expanding its product range for harsh environments [6] Group 5: Financial Performance - Sanmina's shares have increased by 110.8%, outperforming the Electronics - Manufacturing Services industry's growth of 86% [7] - The company's shares currently trade at 17.41 times forward 12-month earnings, which is lower than the industry average [9] - Earnings estimates for 2025 and 2026 have remained static at $9.64 and $11.46, respectively [10]

Group 1 - Sanmina Corporation will host its first quarter fiscal 2026 earnings conference call on January 26, 2026, at 5:00 PM ET [1] - The live webcast and supporting materials will be available on the Sanmina website in the Investor Relations section [1] - A replay of the webcast will be accessible at the same location after the event concludes [1] Group 2 - Sanmina Corporation is a Fortune 500 company and a leading integrated manufacturing solutions provider in the global Electronics Manufacturing Services (EMS) market [2] - The company offers end-to-end manufacturing solutions, focusing on sectors such as industrial and energy, medical, defense and aerospace, automotive and transportation, communications networks, and cloud and AI infrastructure [2] - Sanmina has strategically located facilities in key regions worldwide [2]

Core Insights - Sanmina Corporation (SANM) is expanding its presence in the AI market by leveraging its advanced electronics manufacturing and data center capabilities, positioning itself as a key enabler of AI infrastructure [1][4] Group 1: Company Developments - The acquisition of ZT Systems enhances Sanmina's ability to provide AI-ready data center infrastructure, catering to hyperscale customers [2][8] - Sanmina has partnered with specialists like DeepCoolAI to innovate in the AI market, focusing on advanced liquid cooling and high-density data center solutions [2] - The introduction of the Viking Edge AI Computational Storage Appliance supports efficient edge AI deployment by integrating compute, storage, and networking [3][8] Group 2: Market Context - The global AI market is projected to grow to nearly $3,497.26 billion by 2033, with a compound annual growth rate (CAGR) of 30.6%, indicating significant demand for AI infrastructure [4] - Competitors like Jabil, Inc. and Celestica Inc. are also making strides in the AI market, with Jabil enhancing audio products with AI features and Celestica launching high-performance hardware for AI workloads [5][6] Group 3: Financial Performance - Sanmina's shares have increased by 104.5%, outperforming the Electronics - Manufacturing Services industry's growth of 100.3% [7] - The company's shares are currently trading at 16.45 times forward 12-month earnings, which is lower than the industry average [9] - Earnings estimates for 2025 and 2026 have remained static at $9.64 and $11.46, respectively, over the past 60 days [10]

Core Insights - Jabil Inc. and Sanmina Corporation are leading players in the electronics manufacturing services (EMS) industry, with Jabil being a prominent provider of EMS solutions globally [1][2] - The EMS industry is expected to grow significantly due to digital transformation, AI investments, and IoT adoption [3] Jabil Insights - Jabil has a diverse product portfolio and strong presence in various sectors, including AI data center infrastructure, automotive, and renewable energy [4] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion in 2030, with a compound annual growth rate of 28.3% [5] - Recent acquisitions, such as Hanley Energy Group and Mikros Technologies, have enhanced Jabil's capabilities in data center power management and thermal management [6] - Jabil operates a robust supply chain network across 100 locations in 30 countries, which enhances its reliability and scalability [7] - Jabil faces competition from companies like Celestica and Flex, but its strategic initiatives position it well for competitive advantage [7] Sanmina Insights - Sanmina emphasizes innovation and product diversification, working closely with customers to adapt to future manufacturing needs [8] - The company has developed a connected manufacturing process that improves decision-making by providing real-time data from global factories [10] - Sanmina has faced supply chain disruptions due to geopolitical issues but is working to strengthen its supply chain and is launching a new facility in Houston, TX [11] - The company is gaining traction in cloud and AI infrastructure markets, although competition from other EMS players remains a concern [12] Financial Performance - Sanmina's 2025 sales and EPS estimates imply year-over-year growth of 72.2% and 59.6%, respectively, with stable EPS estimates over the past 60 days [13] - Jabil's 2025 sales and EPS estimates indicate year-over-year growth of 8.8% and 18.46%, with a 4.52% upward trend in EPS estimates over the past 60 days [15] - Over the past year, Sanmina's stock has increased by 92.2%, while Jabil's has risen by 47.3% [16] - From a valuation perspective, Sanmina's shares trade at a forward P/E ratio of 15.11, compared to Jabil's 18.49 [17] Investment Outlook - Both companies are expected to benefit from net sales growth driven by AI proliferation, but Sanmina faces ongoing supply chain challenges [19] - Jabil's strategic acquisitions and product innovations position it favorably in the AI hardware supply chain, making it a more attractive investment option with a Zacks Rank 2 (Buy) [19][18]

Core Insights - Earnings estimates for Sanmina Corporation (SANM) for 2025 and 2026 have increased by 38.9% to $9.64 and 43.4% to $11.46 respectively, indicating positive sentiment regarding the stock's growth potential [1][7]. Group 1: Connected Manufacturing - Sanmina is focusing on 42Q connected manufacturing, which integrates data from global factories and suppliers, creating a real-time information base that enhances visibility and accelerates decision-making [2]. - The 42Q connected manufacturing system has been deployed in over 70 factories across 15 countries, connecting more than 35,000 manufacturing devices in the cloud, allowing for a customer-focused approach to anticipate manufacturing needs [3]. Group 2: Vertical Integration - Sanmina provides end-to-end solutions including product design, manufacturing, assembly, testing, and aftermarket support, which allows clients to rely on a single partner throughout the product lifecycle [4]. - The vertically integrated manufacturing process streamlines operations and reduces costs, enabling greater economies of scale and faster time to market [5]. Group 3: Market Performance - Sanmina's stock has surged 100.7% over the past year, outperforming the industry growth of 85.4%, although it has lagged behind Celestica Inc. which increased by 197.7% [8]. - Despite positive stock performance, Sanmina faces challenges from supply chain disruptions, geopolitical issues, and intense competition in the electronics manufacturing services sector [9]. Group 4: Future Outlook - Sanmina is well-positioned for long-term growth due to its strong presence in multiple end markets and a focus on high-growth industries, supported by its global network and expertise in advanced electronics manufacturing [12]. - However, the company is likely to face pressure on bottom-line growth due to competition, supply chain issues, and high R&D costs affecting profitability [13].