Sandisk beats Q3 FY26 estimates but stock dips on concerns over NAND pricing and future supply.

Sandisk Corporation reported a strong Q3 FY26 with $5.95 billion in sales, far exceeding both its guidance and market expectations. Despite this, the stock fell due to investor concerns about the company's pricing flexibility in NAND contracts and potential future supply increases from China's YMTC, which could impact Sandisk's market share. The author remains optimistic about the memory market cycle and views the dip as a buying opportunity, highlighting a contrarian investment approach focused on fundamentals and insider buying.