Sandisk reported a 61% sequential increase in data center revenue to $4.8 billion, which accounted for about 88% of the company's total quarterly revenue growth. Agreements now cover around half of fiscal 2027's supply and two-thirds of fiscal 2028's supply, highlighting strong demand, particularly from AI sectors. Despite an impressive gross margin of 85.1%, the company faces risks related to margin normalization as it balances disciplined supply growth with ongoing demand. The analyst projects a 37% upside in share price, valuing Sandisk at approximately $1,580 per share, reflecting confidence in its growth potential despite some investor concerns about earnings sustainability.
SanDisk shares trade at USD 1,151.43 on Pluang as of Oct 31, 2026, 19:41 WIB, down 13.43% in one day. The stock's market cap stands at $165.73 billion, with a 52-week high of $2.34K and low of $194.38. Despite strong revenue growth in AI sectors, Pluang order activity shows 55% selling and 45% buying interest, reflecting mixed investor sentiment.
Sandisk Corporation reported a strong fiscal Q1 2027 with $11.03 billion in revenue and $49.51 adjusted EPS, significantly exceeding expectations. Growth was fueled by its datacenter and Edge segments, although the consumer segment showed weakness, h...
Sandisk reported a strong quarter beating revenue and earnings estimates, raised its guidance, announced a $5 billion buyback, and an 8-for-1 stock split. Despite these positives, its shares fell 9%, dragging down other memory stocks like Western Dig...
SanDisk announced that demand for its NAND flash chips under long-term deals surpasses its production capacity through the end of the decade, yet its stock dropped over 5% despite a strong fiscal quarter and an 8-for-1 stock split aimed at improving ...
Sandisk's Q1 earnings surpassed expectations with revenue 3% above estimates and EPS 6.7% higher, supported by an operating margin over 80%. The company's New Business Model contracts, backed by $89 billion in remaining performance obligations and fi...
Memory chip stocks, including Sandisk and Micron, fell about 5% after Samsung Electronics missed profit expectations despite strong AI chip demand. Samsung's quarterly net profit was below estimates, causing a sell-off in memory stocks ahead of Sandi...
