We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Sanmina's Modern Defense Portfolio Boost Its Growth Prospects?
Read MoreHide Full Article
Key Takeaways
SANM supplies integrated defense electronics for radar, satellites, avionics and mission systems.
SANM makes PCBs, microwave modules, optical assemblies, enclosures and RF components for defense use.
SANM's AS9100 certification and supply chain help defense OEMs reduce complexity and speed launches.
Sanmina Corporation (SANM - Free Report) is a globally recognized provider of integrated manufacturing solutions with a strong presence in the defense and aerospace sector. Its engineering capabilities ensure highly reliable electronic systems and components for radar, communication, satellite systems and avionics used in mission-critical military applications.
In the defense domain, Sanmina produces key electronic components, including high-density printed circuit boards (PCBs), backplanes, microwave modules, optical assemblies, rugged enclosures and radio frequency (RF) components for military use. Its systems provide the strong signal performance needed for radar, surveillance and targeting, while its optical and photonics technologies enable fast data transmission and sensing in aerospace and space applications.
Sanmina maintains strict quality standards, such as AS9100 certification, to ensure its products are reliable and meet defense requirements. The company’s end-to-end supply chain solutions help defense original equipment manufacturers (OEMs) reduce complexity and accelerate product launch. Its global footprint supports defense programs across multiple regions while maintaining secure and controlled operations.
Rising geopolitical tensions are driving higher global defense spending, leading to increased demand for advanced and reliable defense electronics. Sanmina, with its strong defense portfolio, is well-positioned to benefit from this growth.
How Are Competitors Advancing in the Defense Sector?
The company faces stiff competition from Jabil, Inc. (JBL - Free Report) and Celestica Inc. (CLS - Free Report) . Jabil is expanding its presence in the defense sector by providing manufacturing, engineering and supply chain services for aerospace and military needs. It focuses on areas like satellites, secure communications and reliable defense electronics while working with major defense companies. The company is improving its supply chain and market intelligence to help defense customers manage risks and respond to global changes.
Celestica is strengthening its role in the defense sector by providing advanced electronics manufacturing and system integration services. It supports defense programs like secure communications, radar systems, UAVs and shipboard electronics used across air, land and sea platforms. The company also focuses on building rugged and high-reliability systems while helping defense customers improve production speed and supply chain efficiency.
SANM's Price Performance, Valuation & Estimates
Sanmina shares have surged 94.9% compared with the industry’s growth of 174.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, the company’s shares currently trade at 13.03x forward 12-month earnings, lower than the industry tally of 25.47x.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have moved up 1.3% to $10.19 per share over the past 60 days, while the same for 2027 has increased 2% to $12.35.
View the Zacks #1 Rank List
Image: Bigstock
Can Sanmina's Modern Defense Portfolio Boost Its Growth Prospects?
Key Takeaways
Sanmina Corporation (SANM - Free Report) is a globally recognized provider of integrated manufacturing solutions with a strong presence in the defense and aerospace sector. Its engineering capabilities ensure highly reliable electronic systems and components for radar, communication, satellite systems and avionics used in mission-critical military applications.
In the defense domain, Sanmina produces key electronic components, including high-density printed circuit boards (PCBs), backplanes, microwave modules, optical assemblies, rugged enclosures and radio frequency (RF) components for military use. Its systems provide the strong signal performance needed for radar, surveillance and targeting, while its optical and photonics technologies enable fast data transmission and sensing in aerospace and space applications.
Sanmina maintains strict quality standards, such as AS9100 certification, to ensure its products are reliable and meet defense requirements. The company’s end-to-end supply chain solutions help defense original equipment manufacturers (OEMs) reduce complexity and accelerate product launch. Its global footprint supports defense programs across multiple regions while maintaining secure and controlled operations.
Rising geopolitical tensions are driving higher global defense spending, leading to increased demand for advanced and reliable defense electronics. Sanmina, with its strong defense portfolio, is well-positioned to benefit from this growth.
How Are Competitors Advancing in the Defense Sector?
The company faces stiff competition from Jabil, Inc. (JBL - Free Report) and Celestica Inc. (CLS - Free Report) . Jabil is expanding its presence in the defense sector by providing manufacturing, engineering and supply chain services for aerospace and military needs. It focuses on areas like satellites, secure communications and reliable defense electronics while working with major defense companies. The company is improving its supply chain and market intelligence to help defense customers manage risks and respond to global changes.
Celestica is strengthening its role in the defense sector by providing advanced electronics manufacturing and system integration services. It supports defense programs like secure communications, radar systems, UAVs and shipboard electronics used across air, land and sea platforms. The company also focuses on building rugged and high-reliability systems while helping defense customers improve production speed and supply chain efficiency.
SANM's Price Performance, Valuation & Estimates
Sanmina shares have surged 94.9% compared with the industry’s growth of 174.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, the company’s shares currently trade at 13.03x forward 12-month earnings, lower than the industry tally of 25.47x.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have moved up 1.3% to $10.19 per share over the past 60 days, while the same for 2027 has increased 2% to $12.35.
Image Source: Zacks Investment Research
Sanmina currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.