Archived explainer. For the current picture see today's SANM page.
SANMINA CORP (SANM) is down -19.08% in the latest session. Our newswire has captured 10 stories on SANM across 6 sources in the last 36 hours, with AI sentiment reading mixed (avg 55/100).
SANM stock fell 19.08% to $169.04 in a volatile session marked by a significant gap down and rapid price erosion. The stock opened at $193.88, a -7.2% gap from the prior close, and quickly declined to a session low of $169.04. The move followed the release of Sanmina’s Q3 fiscal 2026 earnings and guidance, which included a raised fiscal 2026 and 2027 outlook but failed to prevent a sharp sell-off.
Sanmina reported Q3 fiscal 2026 results on July 27, 2026, with non-GAAP earnings per share of $3.31, beating estimates by $0.52, and revenue of $3.46 billion, exceeding expectations by $60 million. The company raised its fiscal 2026 revenue guidance to $14.000 billion to $14.300 billion and adjusted EPS guidance to $11.90 to $12.20. For Q4, Sanmina guided to revenue of $3.300 billion to $3.600 billion and adjusted EPS of $3.05 to $3.35. Despite these strong results and optimistic projections, the stock plunged in after-hours trading and continued to fall during the next session. The SEC 8-K filing confirmed the results, and the company published an earnings call presentation. The stock’s sharp decline suggests that the market may have overreacted to the gap down or priced in risks not fully addressed in the guidance.
The intraday session showed a rapid decline after the initial gap down, with the stock falling from $193.88 to $169.04 in under an hour. Volume was light at 0.1 million shares, or 0.1 times the 3-month daily average. The stock is currently trading within its 52-week range of $95.49 to $288.68 but has fallen sharply from its peak. Recent insider transactions include three sales totaling $4.2 million in the last 90 days, with no insider purchases. Congressional trades include one buy and one sell by Donald J. Trump in the last 90 days. Retail traders on social media have highlighted the earnings beat but have not driven the stock’s move.
Sanmina has no scheduled earnings in the near term, but coverage breadth remains high with 10 stories from 6 sources in the last 36 hours. Investors should monitor the stock’s reaction to broader market sentiment and any follow-up commentary from analysts or insiders.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
Sanmina Corporation delivered strong Q3 fiscal 2026 results, with non-GAAP operating margin rising to 8.0% and non-GAAP EPS exceeding expectations. The company raised its revenue and margin outlook, reporting robust cash positions and highlighting increased customer demand, capacity expansion, and promising trends into fiscal 2027.
Why is Sanmina stock sliding today?
Sanmina (SANM) Q3 FY2026 earnings call recap: results beat, Q4 revenue/EPS guidance, ZT Systems outlook, AI compute ramp, and risks—read now.
Sanmina Corporation (SANM) Q3 2026 Earnings Call July 27, 2026 5:00 PM EDTCompany ParticipantsPaige Bombino - Senior Vice President of Investor...
2026-07-27. The following slide deck was published by Sanmina Corporation in conjunction with their 2026 Q3 earnings call.
After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
Filed: 2026-07-27 AccNo: 0000897723-26-000036 Size: 468 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Sanmina press release (SANM): Q3 Non-GAAP EPS of $3.31 beats by $0.52.Revenue of $3.46B (+69.6% Y/Y) beats by $60M.Fourth Quarter Fiscal 2026...
More on SANM: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier SANM move explainers: 2026-07-29 · 2026-07-28