Sanmina stock reports 69.7 percent revenue growth after Q3 beat

Published on 10/05/2026 at 22:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sanmina stock posted USD 3.46 billion in fiscal Q3 2026 revenue, up 69.7 percent year over year. EPS of USD 3.31 beat the USD 2.77 consensus.

SANM, US8010561020, Illustration mit AI erstellt.

Sanmina stock (ISIN US8010561020) closed at USD 229.04 on Nasdaq on October 2, 2026, up 3.19 percent, after the electronics manufacturer delivered fiscal Q3 2026 revenue of USD 3.46 billion. MarketBeat reported that quarterly EPS reached USD 3.31 against a USD 2.77 consensus estimate.

Revenue rises 69.7 percent

The revenue figure marked a 69.7 percent year-over-year increase in fiscal Q3 2026, while quarterly EPS exceeded consensus by USD 0.54. The result gives Sanmina a stronger operating base as demand from cloud infrastructure, communications, industrial, medical, defense and aerospace customers supports its manufacturing portfolio.

MarketBeat said Sanmina also guided to fiscal Q4 2026 EPS of USD 3.050-3.350 and fiscal-year 2026 EPS of USD 11.900-12.200. Those ranges place the next earnings comparison on forward execution rather than on the completed quarter alone.

Consensus stays below the stock

The analyst picture is more cautious than the earnings data. According to MarketBeat, five analysts give Sanmina a consensus rating of Hold and an average price target of USD 198.33, with targets ranging from USD 135.00 to USD 260.00.

The consensus target lies 13.4 percent below the October 2 closing price of USD 229.04. MarketBeat reported that Wall Street Zen lowered its rating from strong buy to buy on October 3, while the broader Hold consensus remained unchanged.

Stock remains below yearly high

Sanmina's October 2 close stood between the Nasdaq stock's 52-week low of USD 118.10 and high of USD 288.68. Trading volume reached 654,819 shares, and market capitalization was USD 12.3 billion on that date, giving the earnings beat a substantial market value backdrop.

For investors, the key tension is visible in the numbers: fiscal Q3 revenue growth reached 69.7 percent, but the average analyst target remains below the latest close. Sanmina's next valuation test will be whether the fiscal Q4 EPS range of USD 3.050-3.350 can support the earnings trajectory already reflected in the stock.