"SanDisk's stock has exploded in the past year, with shares up 85.89% over the past month and 348.31% year to date, trading near $1,099.80 today."
"The Street's $14.55 EPS estimate sits above management's high end, signaling expectations have run past guidance, which may lead to negative stock reactions."
"Three things matter most: gross margin trajectory, hyperscaler progress with major customer engagements, and forward guidance amid a structural memory shortage expected through 2028."
SanDisk is up 4.2% and will report Q3 fiscal 2026 earnings on April 30, 2026. The company has transformed from a crisis to a leader in AI storage solutions. After a $1.83 billion goodwill impairment in Q3 FY25, SanDisk's non-GAAP EPS reached $6.20, with revenue increasing 61.25% YoY. Analysts expect a $14.55 EPS estimate, indicating high expectations. Key factors to watch include gross margin trajectory, hyperscaler progress, and forward guidance amid a memory shortage expected through 2028.
Read at 24/7 Wall St.
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