Sanmina-Sci Shareholders Approve Expanded Equity Incentive Plan

An update from Sanmina-Sci ( (SANM) ) is now available.

On March 9, 2026, Sanmina-Sci stockholders approved an amendment to the company’s 2019 Equity Incentive Plan, adding 1.2 million shares of common stock for future awards to executives, employees, consultants and non-employee directors, with the plan set to run through December 3, 2028. At the same annual meeting, shareholders elected eight directors, ratified PricewaterhouseCoopers LLP as auditor for fiscal 2026, endorsed executive compensation on an advisory basis and decisively rejected a proposal to require separation of the chairman and CEO roles, signaling continued support for current governance and compensation structures.

The most recent analyst rating on (SANM) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Sanmina-Sci stock, see the SANM Stock Forecast page.

Spark’s Take on SANM Stock

According to Spark, TipRanks’ AI Analyst, SANM is a Outperform.

The score is driven primarily by solid underlying financials (especially strong free cash flow) and a constructive earnings outlook with accretive acquisition-driven growth. These positives are tempered by weak near-term technicals (below key moving averages with negative MACD) and a higher P/E multiple with no dividend yield provided.

To see Spark’s full report on SANM stock, click here.

More about Sanmina-Sci

Sanmina-Sci is an electronics manufacturing services provider that designs, manufactures and repairs complex electronic and mechanical products for original equipment manufacturers. The company serves diverse end markets by offering contract manufacturing, engineering, supply chain management and related services to global technology and industrial customers.

Average Trading Volume: 809,915

Technical Sentiment Signal: Buy

Current Market Cap: $6.93B

For an in-depth examination of SANM stock, go to TipRanks’ Overview page.