Sandisk reported a 61% sequential increase in data center revenue to $4.8 billion, which accounted for about 88% of its quarterly revenue growth. The company has secured long-term NAND contracts covering roughly half of 2027 and two-thirds of 2028 production, helping to shield it from future price drops. Adjusted free cash flow reached $5.7 billion, though rising receivables and aggressive share buybacks raise some concerns. Despite strong fundamentals and contractual protections, Sandisk's stock trades at a lower forward earnings multiple than Micron, reflecting investor skepticism about the NAND cycle's longevity.
SanDisk shares are trading at USD 915.00 on Pluang, down 6.41% in the last day, reflecting some investor caution despite the company’s strong revenue growth and long-term contracts. The stock’s market cap stands at $139.11 billion with a balanced order activity of 56% buy and 44% sell. These figures are as of Nov 12, 2026, 20:01 WIB.
