Core Insights - SanDisk (SNDK) shares have surged over 170% in the last three months, reflecting strong market interest driven by AI demand [1] - The company is positioned to benefit from a significant increase in storage demand due to the AI boom, with rising NAND prices as AI data centers and cloud providers require more high-speed storage [2] Financial Expectations - SanDisk's EPS outlook has become notably bullish, with the current Zacks Consensus EPS estimate at $3.54, up over 70% since last November [3] - Revenue expectations for the current fiscal year are also positive, with a projected $11.2 billion, representing nearly 20% growth year-over-year [7] Market Position - The favorable demand environment has led to a Zacks Rank 1 (Strong Buy) for SanDisk, indicating strong market confidence [5][11] - The company is expected to experience massive growth, with consensus expectations indicating a 50% sales growth and a 450% increase in EPS for the current fiscal year [9] Earnings and Volatility - SanDisk's upcoming earnings report is highly anticipated, with expectations for increased volatility post-release due to the stock's rapid rise [8][11] - Despite the significant stock increase, valuation multiples remain reasonable, with shares trading at a 22.8X forward 12-month earnings multiple, below the 2025 high of 42.1X [8]

Key Takeaways SNDK expects Q2 revenues of $2.55B-$2.65B and EPS of $3.00-$3.40, both below consensus estimates.BiCS8-powered SSDs and strong edge demand from the PC refresh cycle are set to boost Q2 results. SNDK shares soared 1080.6% in 6 months, beating sector and peers amid rising AI-driven storage demand. Sandisk (SNDK) is set to report its second-quarter fiscal 2026 results on Jan. 29.For the to-be-reported quarter, SNDK expects revenues between $2.55 billion and $2.65 billion. The Zacks Consensus Esti ...

Company Overview - Sandisk Corporation (NASDAQ:SNDK) has shown significant stock market performance, with an increase of 863% since March 2024 and a year-to-date rise of 76% [2]. Analyst Insights - Benchmark raised the share price target for Sandisk Corporation from $260 to $450, maintaining a Buy rating, citing optimism due to the capacity in the NAND market [2]. - Analysts believe Sandisk Corporation could benefit from a deliberate expansion in memory capacity, contrasting with previous cycles that led to oversupply [2]. Market Commentary - Jim Cramer has frequently discussed Sandisk Corporation, advising viewers to sell the stock to take profits due to its substantial price increase [2]. - Cramer highlighted that Sandisk is facing a product shortage that cannot be met, contributing to its stock performance [3].

Core Viewpoint - The article emphasizes the importance of momentum in navigating the technology landscape, particularly in the context of past market events and the current AI boom [1]. Group 1 - The author has over two decades of experience in the market, focusing on technology, media, and telecommunications (TMT) [1]. - The author has navigated significant market events such as the dot-com bubble, the credit default crisis of 2008, and the recent AI boom, highlighting a focus on risk mitigation [1]. - The service offered revolves around the concept of momentum, suggesting a strategy that capitalizes on prevailing market trends [1].

Core Insights - SanDisk (SNDK) has surged 1,250% and Western Digital (WDC) has risen 400% over the past year, driven by significant investments in AI hardware by hyperscalers totaling $400 billion this year [1] - Western Digital exceeded Q3 EPS estimates by 13% and revenue estimates by 3.4%, indicating strong performance [1] - SanDisk trades at under 18 times FY 2027 earnings, while Western Digital trades at 22 times FY 2027 earnings, suggesting potential value in both stocks [1] Company Performance - SanDisk and Western Digital have experienced explosive growth due to the increasing demand for storage hardware in data centers, particularly driven by AI applications [1] - Western Digital's stock is perceived as undervalued despite trading at a premium compared to historical averages, with analysts expecting approximately 35% annual EPS growth and 17% annual revenue growth [1] - SanDisk, while smaller and riskier, reported $112 million in net income in Q3 2025, significantly lower than Western Digital's $1.2 billion, but has potential for higher growth due to AI spending [1] Market Dynamics - The ongoing data center buildout is not cyclical and has been consistent for the past three years, with expectations for further acceleration [1] - The NAND shortage has led to increased SSD prices, benefiting SanDisk as AI companies invest heavily in faster hardware [1] - Analysts suggest that if AI growth continues, SanDisk could outperform Western Digital, with potential for SNDK stock to double if the market values it at 35-40 times forward earnings [1] Investment Strategy - A balanced investment approach between SNDK and WDC is recommended, with a more aggressive stance on SNDK for those confident in sustained AI growth [1] - Western Digital's contracts are described as "stickier," which may provide stability in demand, especially if AI companies shift back to HDDs due to cost considerations [1]

In the last several years, I've seen a close correlation between the performance of the Russell 2000 iShares ETF (IWM) and the returns of small-to-medium stocks. I consider Sandisk (SNDK), with a market capitalization of about $69 billion, to be in the upper segment of the medium category. And indeed, the recent, meteoric rise of SNDK has coincided with a major rally by the IWM. So, with the IWM showing signs of stalling for now amid multiple macro issues and SNDK stock having already soared 169% in the ...

存储概念股齐涨，美光科技、闪迪涨超5%，西部数据涨超2%，希捷科技涨1.6%。 消息面上，美光科技宣布将在未来十年向新加坡追加投资240亿美元，用于建设新的NAND闪存晶圆 厂，以应对人工智能驱动的存储芯片供应紧张。此举凸显全球存储芯片市场的供需失衡正在加剧。 此外，业内消息源透露，三星电子、SK海力士已经与苹果进行谈判，决定大幅上调iPhone手机所用 LPDDR内存的价格。三星电子调整的涨幅超过80%，而SK海力士则接近100%。(格隆汇) ...

Milpitas, California-based Sandisk is a leading designer, developer, manufacturer, and marketer of NAND flash memory storage solutions. Its broad portfolio spans solid-state drives (SSDs), memory cards, and embedded storage products that serve consumer electronics, enterprise customers, and data centers worldwide. With a market capitalization of approximately $69.4 billion, SanDisk has built a comprehensive flash ecosystem that supports a seamless and resilient flow of data across modern digital infrastruct ...

Core Insights - The semiconductor foundry and packaging sectors have shown strong performance, with software stocks generally outperforming hardware stocks [2][19] - The ASP (Average Selling Price) for mature processes is expected to improve due to strong downstream replenishment demand, with forecasts indicating a utilization rate (UTR) of over 75% for Taiwanese manufacturers [19][22] Semiconductor Performance - Foundry/packaging stocks increased by 2.1% yesterday, with a 5.2% rise over the past five days and a 124.4% increase over the last 180 days [3][20] - Semiconductor equipment stocks rose by 1.2% yesterday, with a 148.3% increase over the last 180 days [3][20] - Software large-cap stocks increased by 1.1% yesterday, but have seen a decline of 11.1% over the last 60 days [3][20] NAND Market Outlook - Bernstein predicts a significant upward cycle for NAND driven by AI demand and limited supply growth, with SanDisk expected to have substantial upside potential [22] - For FQ2'26, SanDisk's EPS is projected at $3.79, exceeding street expectations of $3.45, with a more optimistic FQ3'26 EPS forecast of $6.52 based on a 22% QoQ ASP increase [22] - JP Morgan anticipates a substantial increase in NAND TAM growth from a long-term average of 10% to over 30% in the next three years, primarily driven by AI-related eSSD demand [23] Taiwanese Foundries - Citigroup reports that VIS and UMC have outperformed the market by 48% and 22% respectively year-to-date, with UTR expected to rise to 75%+ this year [19][20] - UMC's 28/22nm utilization rate remains above 90%, with overall UTR improving from 60-70% to 75-80%, leading to upward adjustments in profitability forecasts for 2026/27 [19][20] Key Company Earnings Projections - SanDisk's base case for F3Q (March) ASP is projected to increase by 22% QoQ, corresponding to an EPS of $6.52, significantly higher than the expected $4.62 [19][22] - In a bullish scenario, if F3Q ASP increases by 40%, EPS could reach $9.06, with FY27 EPS potentially at $67.5 [19][22]

The company recently shipped 32TB SkyHawk AI, Exos, and IronWolf Pro hard drives globally through channel and retail partners, with prices that were recommended ranging from about $699.99 to $849.99 per unit, providing direct support to hyperscale workloads.This valuation signifies a market cap that is approximately $74 billion in size, along with a price-to-sales premium multiple of around 8.1x, which is noticeably above the estimated median of the sector, which is as low as 3.7x.On Jan. 23, STX stock was ...