← The Elmet Group Co. Common Stock overview

The Elmet Group Co. Common Stock vs Sanmina: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

The Elmet Group Co. Common Stock (ELMT)

Q3 2026
▲4

Elmet Lands $450M US Backing and Global Tungsten Deals

  • US Government's $450M Bet on Elmet The US Department of War committed $450 million to Elmet to expand domestic tungsten manufacturing, taking preferred equity and warrants for up to 19.9% of shares. This validates Elmet's strategic role, funds growth, and strengthens its balance sheet, pushing the stock up.

    This is the single largest new event and directly boosts ELMT's capital and demand outlook.

  • Up to $2B Defense Stockpile Contract Elmet Technologies won a Defense Logistics Agency contract worth up to $2 billion to supply tungsten ores, concentrates, and sodium tungstate to the US National Defense Stockpile, with $150 million guaranteed through 2031. This locks in long-term government demand and revenue visibility.

    It adds a massive new demand channel and revenue stream for ELMT.

  • Vietnam Supply Deal and 4.99% Stake Elmet will buy a 4.99% stake in Vietnam's Masan High-Tech Materials for $124.75 million and signed multi-year agreements for mined tungsten supply and chemical conversion from the Nui Phao mine. This secures upstream supply, reducing reliance on China and supporting growth.

    It directly addresses supply security and expands ELMT's global footprint.

  • Record Q2 Results and Strong Backlog Elmet reported Q2 revenue up 35.2% to $66.4 million, gross margin expanding to 25%, and a record $131.5 million backlog, up 55% year over year. IPO proceeds of $125.4 million cut debt and boosted cash, showing strong underlying demand.

    It confirms operational momentum and financial health, reinforcing the positive narrative.

September 2026
▲4

Elmet Lands $450M US Backing and Global Tungsten Deals

  • US Government's $450M Bet on Elmet The US Department of War committed $450 million to Elmet to expand domestic tungsten manufacturing, taking preferred equity and warrants for up to 19.9% of shares. This validates Elmet's strategic role, funds growth, and strengthens its balance sheet, pushing the stock up.

    This is the single largest new event and directly boosts ELMT's capital and demand outlook.

  • Up to $2B Defense Stockpile Contract Elmet Technologies won a Defense Logistics Agency contract worth up to $2 billion to supply tungsten ores, concentrates, and sodium tungstate to the US National Defense Stockpile, with $150 million guaranteed through 2031. This locks in long-term government demand and revenue visibility.

    It adds a massive new demand channel and revenue stream for ELMT.

  • Vietnam Supply Deal and 4.99% Stake Elmet will buy a 4.99% stake in Vietnam's Masan High-Tech Materials for $124.75 million and signed multi-year agreements for mined tungsten supply and chemical conversion from the Nui Phao mine. This secures upstream supply, reducing reliance on China and supporting growth.

    It directly addresses supply security and expands ELMT's global footprint.

  • Record Q2 Results and Strong Backlog Elmet reported Q2 revenue up 35.2% to $66.4 million, gross margin expanding to 25%, and a record $131.5 million backlog, up 55% year over year. IPO proceeds of $125.4 million cut debt and boosted cash, showing strong underlying demand.

    It confirms operational momentum and financial health, reinforcing the positive narrative.

Latest
▲4

Elmet Lands $450M US Backing and Global Tungsten Deals

  • US Government's $450M Bet on Elmet The US Department of War committed $450 million to Elmet to expand domestic tungsten manufacturing, taking preferred equity and warrants for up to 19.9% of shares. This validates Elmet's strategic role, funds growth, and strengthens its balance sheet, pushing the stock up.

    This is the single largest new event and directly boosts ELMT's capital and demand outlook.

  • Up to $2B Defense Stockpile Contract Elmet Technologies won a Defense Logistics Agency contract worth up to $2 billion to supply tungsten ores, concentrates, and sodium tungstate to the US National Defense Stockpile, with $150 million guaranteed through 2031. This locks in long-term government demand and revenue visibility.

    It adds a massive new demand channel and revenue stream for ELMT.

  • Vietnam Supply Deal and 4.99% Stake Elmet will buy a 4.99% stake in Vietnam's Masan High-Tech Materials for $124.75 million and signed multi-year agreements for mined tungsten supply and chemical conversion from the Nui Phao mine. This secures upstream supply, reducing reliance on China and supporting growth.

    It directly addresses supply security and expands ELMT's global footprint.

  • Record Q2 Results and Strong Backlog Elmet reported Q2 revenue up 35.2% to $66.4 million, gross margin expanding to 25%, and a record $131.5 million backlog, up 55% year over year. IPO proceeds of $125.4 million cut debt and boosted cash, showing strong underlying demand.

    It confirms operational momentum and financial health, reinforcing the positive narrative.

Sanmina Corporation (SANM)

Q3 2026
▲3▼1

AI Infrastructure Demand Drives Sanmina's Profit Surge, But Cash Tightens

  • AI-Driven Profit Surge Sanmina's non-GAAP operating profit jumped 131.5% to $257 million, with revenue more than doubling to $4.01 billion, fueled by its ZT Systems acquisition and strong demand for accelerated computing. This shows the company is winning big in AI hardware, pushing the stock up.

    This is the core new event that explains the profit explosion and sets the stage for the period's positive momentum.

  • Raised Outlook on AI Demand Sanmina beat earnings and revenue estimates and raised its full-year revenue outlook to $14.0–$14.3 billion, citing strong AI infrastructure demand. Management also expects to exceed $16 billion in fiscal 2027 revenue, boosting investor confidence and lifting the stock.

    This is a new forward-looking catalyst that directly drives the stock higher by signaling sustained growth.

  • Buyback Halt and Cash Strain Sanmina stopped buying back shares to fund AI expansion, and free cash flow fell to $23.6 million from $342 million. This raises concerns about cash priorities and margin pressure, weighing on the stock despite strong revenue growth.

    This is a new counterweight that explains recent stock weakness and provides a balanced view of the risks.

  • Stock Outperformance Since Q3 Sanmina shares have risen 10.8% since the Q3 earnings beat, outperforming the S&P 500, as investors cheer the raised guidance and AI-driven growth. This confirms the market's positive reaction to the company's fundamentals.

    This is a new data point showing the stock's recent performance, reinforcing the positive impact of the earnings and outlook.

July 2026
▲3▼1

AI Infrastructure Demand Drives Sanmina's Profit Surge, But Cash Tightens

  • AI-Driven Profit Surge Sanmina's non-GAAP operating profit jumped 131.5% to $257 million, with revenue more than doubling to $4.01 billion, fueled by its ZT Systems acquisition and strong demand for accelerated computing. This shows the company is winning big in AI hardware, pushing the stock up.

    This is the core new event that explains the profit explosion and sets the stage for the period's positive momentum.

  • Raised Outlook on AI Demand Sanmina beat earnings and revenue estimates and raised its full-year revenue outlook to $14.0–$14.3 billion, citing strong AI infrastructure demand. Management also expects to exceed $16 billion in fiscal 2027 revenue, boosting investor confidence and lifting the stock.

    This is a new forward-looking catalyst that directly drives the stock higher by signaling sustained growth.

  • Buyback Halt and Cash Strain Sanmina stopped buying back shares to fund AI expansion, and free cash flow fell to $23.6 million from $342 million. This raises concerns about cash priorities and margin pressure, weighing on the stock despite strong revenue growth.

    This is a new counterweight that explains recent stock weakness and provides a balanced view of the risks.

  • Stock Outperformance Since Q3 Sanmina shares have risen 10.8% since the Q3 earnings beat, outperforming the S&P 500, as investors cheer the raised guidance and AI-driven growth. This confirms the market's positive reaction to the company's fundamentals.

    This is a new data point showing the stock's recent performance, reinforcing the positive impact of the earnings and outlook.

Latest
▲3▼1

AI Infrastructure Demand Drives Sanmina's Profit Surge, But Cash Tightens

  • AI-Driven Profit Surge Sanmina's non-GAAP operating profit jumped 131.5% to $257 million, with revenue more than doubling to $4.01 billion, fueled by its ZT Systems acquisition and strong demand for accelerated computing. This shows the company is winning big in AI hardware, pushing the stock up.

    This is the core new event that explains the profit explosion and sets the stage for the period's positive momentum.

  • Raised Outlook on AI Demand Sanmina beat earnings and revenue estimates and raised its full-year revenue outlook to $14.0–$14.3 billion, citing strong AI infrastructure demand. Management also expects to exceed $16 billion in fiscal 2027 revenue, boosting investor confidence and lifting the stock.

    This is a new forward-looking catalyst that directly drives the stock higher by signaling sustained growth.

  • Buyback Halt and Cash Strain Sanmina stopped buying back shares to fund AI expansion, and free cash flow fell to $23.6 million from $342 million. This raises concerns about cash priorities and margin pressure, weighing on the stock despite strong revenue growth.

    This is a new counterweight that explains recent stock weakness and provides a balanced view of the risks.

  • Stock Outperformance Since Q3 Sanmina shares have risen 10.8% since the Q3 earnings beat, outperforming the S&P 500, as investors cheer the raised guidance and AI-driven growth. This confirms the market's positive reaction to the company's fundamentals.

    This is a new data point showing the stock's recent performance, reinforcing the positive impact of the earnings and outlook.