Core Insights - Sandisk Corporation (NASDAQ:SNDK) experienced a significant stock performance, rising by 21.6% week-on-week due to strong financial results, including a 672% increase in net income and a projected revenue increase of 183% for Q3 [1][4]. Financial Performance - Net profit surged to $803 million from $104 million year-over-year, marking a substantial increase [2]. - Operating income rose by 446% to $1.065 billion from $195 million [2]. - Revenues increased by 61% to $3.025 billion from $1.876 billion, with the Edge segment contributing $1.678 billion, consumer segment at $907 million, and data center segment at $440 million [3]. Future Projections - For Q3, Sandisk targets revenues between $4.4 billion and $4.8 billion, indicating an implied growth of 159% to 183% compared to $1.695 billion in the same period last year [4]. - Expected gross margins are projected to be between 64.9% and 66.9% [4].

Sandisk Corporation (NASDAQ:SNDK) is one of the stocks that Jim Cramer shared takes on, along with navigating market shortages. Cramer was bullish on the stock, as he remarked: Tomorrow, we hear from the two remaining storage companies, Western Digital and Sandisk. Have you seen those? If Seagate and Micron are any example, I expect these stocks to continue ramping, even though they’re already up 61 and 122% for the year, yes, since the year began. And by the way, they were among the best 10 performers in ...

Core Viewpoint - Retail investors are actively discussing five prominent stocks driven by retail hype, earnings reports, AI developments, and corporate news flow during the week of January 26 to January 30 [1] Company Summaries Microsoft (MSFT) - The stock is trading around $433 to $435 per share, with a 52-week range of $344.79 to $555.45 - It has risen by 4.46% over the year but declined by 15.54% over the last six months - The stock shows a weaker price trend in the short, medium, and long terms, despite a solid quality ranking [7] SanDisk (SNDK) - The stock is trading around $539 to $546 per share, with a 52-week range of $27.90 to $546.75 - It has advanced by 1,398.06% over the year and 1,142.91% in the last six months - The stock demonstrates a stronger price trend across all time frames [7] Meta Platforms (META) - The stock is trading around $730 to $739 per share, with a 52-week range of $479.80 to $796.25 - It has returned 7.47% over the year and 6.20% in the last six months - The stock shows a stronger price trend in the short, medium, and long terms, with a moderate value score [7] Apple (AAPL) - The stock is trading around $258 to $260 per share, with a 52-week range of $169.21 to $288.61 - It has increased by 8.71% over the year and 23.55% over the last six months - The stock maintains a stronger long-term price trend but a weaker trend in the short and medium terms, with a solid quality score [7] UnitedHealth (UNH) - The stock is trading around $291 to $293 per share, with a 52-week range of $234.60 to $606.36 - It has dropped by 46.42% over the year but increased by 9.87% over the last six months - The stock shows a weaker price trend across all time frames, with a moderate value ranking [7] Market Overview - Retail investor sentiment is influenced by a blend of meme-driven narratives, earnings outlooks, and corporate news flow, while major indices like the S&P 500, Dow Jones, and Nasdaq exhibited mixed market action during the week [8]

Financial Performance - Revenue for the three months ended January 2, 2026, was $3,025 million, a 61% increase from $1,876 million for the same period in 2024[192] - Gross profit increased to $1,541 million, representing a gross margin of 50.9%, compared to 32.3% in the prior year[192] - Operating income rose to $1,065 million, a significant increase of 446% from $195 million in the previous year[192] - Net income for the quarter was $803 million, up 672% from $104 million in the same quarter of the previous year[192] - Net revenue increased 42% to $5,333 million for the six months ended January 2, 2026, compared to $3,759 million for the same period in the prior year, driven by a 26% increase in exabytes sold and a 13% increase in average selling prices (ASP) per gigabyte[195] - Datacenter revenue rose 29% to $1,061 million for the six months ended January 2, 2026, primarily due to a 41% increase in exabytes sold, despite a 9% decrease in ASP per gigabyte[196] - Edge revenue increased 46% to $3,065 million for the six months ended January 2, 2026, driven by a 24% increase in exabytes sold and an 18% increase in ASP per gigabyte[197] - Gross profit increased by $896 million for the six months ended January 2, 2026, resulting in a gross margin increase of 600 basis points to 41.8%[200] Expenses and Costs - Research and development expenses increased by $81 million for the six months ended January 2, 2026, primarily due to a $46 million increase in compensation and benefits and a $9 million increase in spending for R&D projects[203] - Selling, general and administrative expenses increased by $46 million for the six months ended January 2, 2026, mainly due to a $28 million increase in compensation and benefits and a $26 million increase in outside service costs[205] - Interest and other expense, net increased by $134 million for the six months ended January 2, 2026, primarily due to the settlement of legal matters and an increase in interest expense[212] Tax and Legal Matters - The company recorded a $10 million tax benefit related to the impact of the One Big Beautiful Bill Act on the Company's 2025 tax provision[213] - For the three months ended January 2, 2026, the effective tax rate was 14%, with an income tax expense of $134 million on income before taxes of $937 million[216] - The Company recorded a tax indemnification liability of $112 million on February 21, 2025, with a remaining liability of $128 million classified as Other liabilities as of January 2, 2026[234] - The liability for unrecognized tax benefits as of January 2, 2026, was approximately $196 million, with potential cash payments of about $195 million[232] Cash Flow and Investments - Net cash provided by operating activities for the six months ended January 2, 2026, was $1,507 million, a significant increase from a cash outflow of $36 million in the same period the previous year[218] - Net cash used in investing activities for the six months ended January 2, 2026, was $180 million, primarily due to $89 million in capital expenditures[224] - Net cash used in financing activities for the six months ended January 2, 2026, totaled $1,273 million, mainly from term loan repayments of $1,250 million[225] - As of January 2, 2026, the company held $476 million in cash and cash equivalents outside of the U.S., with no material tax consequences for repatriation[220] - The total known material cash requirements as of January 2, 2026, amounted to $9,138 million, including long-term debt and commitments related to Flash Ventures[227] Business Operations and Agreements - The company expects demand for NAND storage to continue to outpace supply through calendar year 2026 and beyond, driven by AI infrastructure growth[184] - A five-year supply agreement with SDSS includes a minimum annual commitment of $550 million, which may lead to a modest reduction in annual operating expenses[180] - The company entered into a loan agreement for a $2.0 billion Term Loan Facility and a $1.5 billion Revolving Credit Facility[182] - The business separation from Western Digital Corporation was completed on February 21, 2025, with 80.1% of shares distributed to WDC stockholders[176] - The company anticipates increased capital investments in fiscal year 2026 to transition to newer nodes to meet product demand[218] - The Company has entered into indemnification agreements with directors and certain officers, requiring indemnification against certain liabilities arising from their service[235] - Historically, the Company has not incurred material costs from obligations under indemnification agreements[236] - There have been no material changes in critical accounting policies and estimates from those disclosed in the Annual Report on Form 10-K for the year ended June 27, 2025[239] Performance Metrics - Sales incentive and marketing programs represented 14% of gross revenues for the three months ended January 2, 2026, down from 22% in the prior year[199] - The company experienced a 1900 basis points increase in gross margin for the three months ended January 2, 2026, attributed to higher ASP and increased exabytes sold[200] - The cash conversion cycle improved to 105 days for the three months ended January 2, 2026, down from 151 days in the prior year, driven by a decrease in days sales outstanding and days in inventory[222]

Sandisk Stock Is Up 1,600% After Its Spinoff. Five More to Watch - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Up 1,500%, Is Sandisk the Best Spinoff Ever? Five More to WatchBy [Al Root]ShareResize---ReprintsIn this article[SNDK][WDC][SPX ...

Core Viewpoint - SanDisk Corp. (NASDAQ:SNDK) reported an impressive second-quarter performance with strong forward guidance, leading to bullish analyst reactions and increased price targets [1]. Group 1: Analyst Reactions - Cantor Fitzgerald analyst C.J. Muse raised the price target for SanDisk from $550 to $800, maintaining an Overweight rating, highlighting the stock's significant gain of over 1,400% in the past year [2]. - Muse described SanDisk's earnings report as exceeding expectations, indicating strong market performance [2]. Group 2: Stock Performance - Following the earnings report, SanDisk shares experienced a notable increase, trading higher as the market approached Friday's closing [3].

Sandisk (SNDK) shares have already rallied more than 100% this month, but a Cantor Fitzgerald analyst believes they could push much higher from here through the remainder of 2026. Christopher Muse’s bullish note on SNDK arrives on the heels of its blockbuster Q2 financials that came in miles above Street estimates on Jan. 29. More News from Barchart Investors cheered the flash memory storage company this morning as it guided for $13 a share of earnings for its current quarter, well over double the $5.1 ...

Core Insights - Sandisk's significant post-spinoff rally highlights the potential for corporate breakups to enhance shareholder value [1] Group 1 - The recent performance of Sandisk post-spinoff has attracted attention to other companies considering similar breakups [1] - Corporate breakups are increasingly viewed as a strategy to unlock value for shareholders [1] - The trend of corporate breakups is gaining momentum, with a growing list of companies exploring this option [1]

Core Viewpoint - SanDisk has experienced a remarkable 20x increase in its stock price within less than a year, indicating strong market performance and investor confidence [1] Company Performance - A senior analyst from Cantor Fitzgerald highlights that SanDisk's earnings beat is both massive and unprecedented, suggesting that this performance justifies further investment in the company [1]

Core Viewpoint - Stocks were falling on Friday following President Donald Trump's nomination of Kevin Warsh as the next chair of the Federal Reserve and the release of U.S. producer price inflation data for December, which was higher than expected [1]. Group 1: Market Movements - Major stocks mentioned include Apple, Sandisk, SoFi, Verizon, Amex, Western Digital, KLA Corp., and Exxon, indicating a broad market impact [1]. - The market reaction was influenced by macroeconomic factors, particularly the Federal Reserve chair nomination and inflation data [1].