Stock Track | Sanmina Soars 7.71% on Sector Rally and Strong Earnings Performance

Stock Track05-06

Sanmina's stock surged 7.71% during the trading session, reflecting significant investor optimism toward the company.

The rally was driven by broad strength across the Electronic Manufacturing Services sector, with industry peer Flex Ltd surging over 17%, which lifted overall sector sentiment and benefited related stocks.

Furthermore, Sanmina's previously disclosed FY26 Q2 earnings provided fundamental support for the price increase. The company reported impressive revenue growth of 102.5% year-over-year, with full-year revenue reaching $7.203 billion, representing an 80.51% increase from the previous year. Earnings per share came in at $2.63, with net income attributable to shareholders of $143 million, marking a 10.62% increase.

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