SanDisk Corporation (SNDK)
SanDisk: AI Storage Gold Rush
Data center revenue surged 64% sequentially to $440 million, accelerating the company's shift toward higher-margin enterprise storage solutions. Gross margin expanded to 51.1% from 29.9% year over year, with Q3 guidance pointing to 65%–67% levels. Q3 non-GAAP EPS is guided between $12 and $14, up sharply from $6.2 in Q2 and $1.22 in Q1.
Why SanDisk Stock Is Hitting New Highs
Between November 2025 and February 2026, SanDisk (SNDK)'s shares skyrocketed by 242%, spurred by rising revenues and an increasing valuation multiple. The increase was driven by a strategic Western Digital spin-off, diminishing NAND supply, surging AI demand, impressive Q2 earnings, and a wave of optimistic analyst commentary.
SanDisk and Western Digital are the Real AI Kings of 2026
As investors turned their back on software (notably, the seat-based software-as-a-service companies), they're turned towards hardware in a big-time way.
Why Sandisk Stock Surged Today
Sandisk's sales are soaring. The tech stock's price could rise another 50% from here.
Sorry, Micron: Smart Money Is Moving To Sandisk (Here's Why)
Sandisk (SNDK) has surged over 600% post-spin-off, transforming into a high-margin, pure-play NAND and SSD leader amid the AI infrastructure boom. SNDK's Q2 2026 revenue soared 60% YoY to $3.03B, with net income up 672% and margins expanding to an impressive 51%. Structural NAND demand, driven by edge AI and decentralized inference, positions SNDK for sustained long-term growth versus cyclical peers like Micron (MU).
Sandisk Stock Is Up 1,500% in the Past Year Due to AI -- Is It Still a Buy? Wall Street Has a Surprising Answer for Investors.
Among Wall Street analysts, Sandisk stock has a median target price of $690 per share. That implies 20% upside from its current share price of $576.
Sandisk's Results and Outlook Soar Past Estimates. Its Rally Isn't Stopping.
One of the hottest stocks of 2026 is extending its record run.
Sandisk stock soars 14% after blowout earnings report showing overwhelming AI demand
Sandisk blew away second-quarter earnings expectations and delivered strong third-quarter revenue guidance. The flash storage memory company reported 64% growth in its data center business.
Sandisk shares surge on blowout forecast as AI-driven demand lifts results
Shares of Sandisk (NASDAQ:SNDK) jumped 24% on Friday after the data storage maker posted quarterly results that crushed expectations and issued a forecast far above Wall Street estimates, driven by strong demand for NAND products tied to artificial intelligence infrastructure and data centres. The rally lifted Sandisk's gains since its market debut to about 1,755%.
Sandisk Q2 Earnings Beat Estimates, Revenues Increase Y/Y, Shares Rise
SNDK stock soars 22.19% after fiscal Q2 earnings and revenues crush estimates, fueled by datacenter and edge strength.
Sandisk's stock gets ‘one of the most delayed upgrades in history' after blowout earnings
Analysts say Sandisk might wind up being sold out of storage products for years due to a widening gulf between supply and demand.
Sandisk Corporation (SNDK) Q2 2026 Earnings Call Transcript
Sandisk Corporation (SNDK) Q2 2026 Earnings Call Transcript
