SanDisk Corporation (SNDK)
Sandisk Corporation (SNDK) Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum Transcript
Sandisk Corporation (SNDK) Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum Transcript
Should You Sell SanDisk Stock At $640?
SanDisk (SNDK) stock has surged by 35% over the past month and is presently priced at $638.52, significantly outperforming the broader semiconductor sector. The rally has been fueled by accelerating revenue growth, improving gross margins, and strong demand for high-capacity memory products tied to AI infrastructure and data center expansion.
Sandisk: The Street Still Needs To Catch Up
Sandisk obliterated the Street's revenue and EPS expectations for Q2 results and Q3 guidance. Q3 guidance calls for $4.4–$4.8B in revenue and $12–$14 EPS, driven primarily by a hike in memory ASPs. This hike was seen across all segments, not just the data center. Gross margin jumped to 51.1% from 29.9% in Q1. On top of that, the Q3 guide implies 64.9%–66.9%. In other words, management sees no memory ASP digestion phase yet.
Why Sandisk's split from Western Digital has been such a huge win for investors
It's been a year since the companies broke apart and let Wall Street better assess the AI-fueled demand for both businesses
Sandisk: A Structural Story Hiding Behind Cyclical Numbers
Sandisk: A Structural Story Hiding Behind Cyclical Numbers
Sandisk stock price stalls amid secondary public share offering. Is the 2026 memory chip rally about to end?
Sandisk Corporation has announced plans for a secondary public offering.
Western Digital to sell $3.17 billion stake in Sandisk
Flash memory maker Sandisk on Wednesday said that Western Digital will sell a stake worth $3.17 billion in the company.
Sandisk's stock falls as Western Digital plans to sell shares. What investors need to know.
Western Digital is looking to cash in on Sandisk by selling shares of the company it spun off roughly a year ago.
Sandisk's Rally Tests A New Playbook
Revenue rose 31% sequentially to $3 billion, with non-GAAP gross margins reaching 51% and EPS of $6.20. Guidance implies $4.4–$4.8 billion in next quarter revenue and mid-60% gross margins, signaling potential peak-cycle profitability. Free cash flow of $843 million reduced debt and shifted the balance sheet to a net cash position.
Top Stocks to Double Up on Right Now
Sandisk's stock is cheap and rising in a flash memory supercycle. TSMC's stock is still attractively valued and remains a huge beneficiary of the AI infrastructure buildout.
SanDisk Soars 163% in 2026: Can it Be the Market's Top Performer in Back-to-Back Years?
SanDisk ( NASDAQ:SNDK ) has delivered one of 2026's most explosive rallies, surging 163% year-to-date to $626.56 on Friday.
These 3 Zacks 'Strong Buy' Stocks Reflect the Hottest S&P 500 Stocks of 2026
Shares of these three red-hot companies continue to remain at the top of the S&P 500 leaderboard, underpinned by all being Zacks Rank #1 (Strong Buy) stocks. Coincidence?
