JPMorgan raises Sanmina stock target to USD 270

Published on 10/15/2026 at 19:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 2026 revenue was USD 3.46 billion. Sanmina stock costs EUR 160.68 on October 15, 2026 at 9:51 p.m. CEST at Lang & Schwarz.

Analyst target and quarterly figures

JPMorgan lifted its Sanmina target to USD 270 on October 12, 2026.
Sanmina reported USD 3.46 billion in third-quarter 2026 revenue.
Sanmina stock costs EUR 160.68 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST.
Sanmina had a USD 9.7 billion market capitalization and a P/E ratio of 32.41.

SANM, US8010561020, Illustration mit AI erstellt.

JPMorgan raised its price target for Sanmina from USD 260 to USD 270 on October 12, 2026, while keeping a Neutral rating, Markets Insider reported. The target stands 48.97 percent above Sanmina's USD 181.25 Nasdaq price at 1:58 p.m. ET on October 15, 2026. Sanmina stock was trading at EUR 160.68 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST.

Target rises ahead of results

The JPMorgan change gives the stock report a clear valuation marker before Sanmina's fiscal fourth-quarter results. The research note also placed the company on Positive Catalyst Watch and pointed to potential revenue from AMD Helios racks, according to Markets Insider.

Revenue reached USD 3.46 billion

Sanmina reported USD 3.46 billion in revenue for the third quarter of fiscal 2026, up 69.70 percent from the year-earlier period. The quarter ended June 27, 2026. MarketBeat also reported quarterly revenue of USD 3.46 billion and cited fourth-quarter revenue guidance of USD 3.30 billion to USD 3.60 billion.

Price position and valuation

Sanmina's Nasdaq price of USD 181.25 was down 6.73 percent from the USD 194.32 prior close at 1:58 p.m. ET on October 15, 2026. The current 52-week range is USD 118.10 to USD 288.68, placing the price 37.21 percent below the high and 53.47 percent above the low. Trading volume was 649,394 shares against an average of 679,359.

Market capitalization stood at USD 9.7 billion, with a P/E ratio of 32.41. Sanmina does not currently carry a dividend yield in the quoted figures. The next earnings entry on the calendar is fiscal fourth-quarter 2026, scheduled for November 2, 2026, according to Yahoo Finance.

Comparison with peers

Sanmina (NASDAQ, USD): minus 6.73 percent, P/E 32.41, market capitalization USD 9.7 billion
Plexus (NASDAQ, USD): minus 4.61 percent, P/E 34.64, market capitalization USD 6.2 billion
Jabil (NYSE, USD): minus 3.42 percent, P/E 29.01, market capitalization USD 29.7 billion

Calendar keeps the focus on earnings

The valuation discussion now meets a near-term reporting date. Sanmina's latest quarter combined USD 3.46 billion of revenue with a 69.70 percent year-over-year increase, while the next scheduled report gives investors a defined date for comparing the company's guidance with delivered results.

Sanmina price at Lang & Schwarz

The stock was trading at EUR 160.68 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST. On Nasdaq, Sanmina last traded at USD 181.25 on October 15, 2026 at 1:58 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Sanmina stock.