Sandisk Corporation reported Q1 revenue and earnings per share well above its guidance, driven by a 61% sequential increase in data center revenue and an 85% gross margin. Despite a recent 39% drop in its stock price, the company trades at just 5 times its guided earnings, making it attractive for investors. Future growth is expected to be supported by robust demand for data center flash storage, projected to grow 40% by 2027. However, risks remain from potential flash price declines, with upcoming quarterly results expected to reveal the balance between price and volume growth. Sandisk's share buybacks are now more beneficial at lower prices, supporting shareholder value.
SanDisk's stock price on Pluang is USD 1,164.44 as of Nov 02, 2026 20:12 WIB, showing a modest 1.13% increase in the last day. The company holds a substantial market cap of $165.73 billion, reflecting its significant presence in the technology sector. Investors typically hold SanDisk shares for about 17 days on Pluang, indicating a relatively short-term trading interest.
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...
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...
