⚠️ $SNDK PRICE TARGET SLASHED 42% BUT BUY RATING SURVIVES — IS THE STREET BLUFFING? 💥
⚡ Jefferies just cut its $SNDK target from $3,000 to $1,750 — a brutal 42% haircut — yet kept the Buy rating intact. That's the street's way of saying "the story is still right, but the timing just got messy." 📊
💡 The June quarter was strong, but September guidance only met the bar, and management lowered gross margin guidance as long-term agreements eat into price gains. Edge revenue exploded ~400% YoY to 61% of total, though Jefferies suspects aggressive inventory building that could throttle bit shipment growth for the next few quarters. 🔍
🦈 Meanwhile, consumer revenue fell 32% QoQ as price hikes crushed demand. But the data center engine is real — 8 customers, 50%+ of FY2027 and ~67% of FY2028 output already pre-sold. Is the near-term margin pain worth the backlog-backed upside? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #Earnings #BuyRating #DataCenter #StockAnalysis
🦈 📊
⚡ Jefferies just cut its $SNDK target from $3,000 to $1,750 — a brutal 42% haircut — yet kept the Buy rating intact. That's the street's way of saying "the story is still right, but the timing just got messy." 📊
💡 The June quarter was strong, but September guidance only met the bar, and management lowered gross margin guidance as long-term agreements eat into price gains. Edge revenue exploded ~400% YoY to 61% of total, though Jefferies suspects aggressive inventory building that could throttle bit shipment growth for the next few quarters. 🔍
🦈 Meanwhile, consumer revenue fell 32% QoQ as price hikes crushed demand. But the data center engine is real — 8 customers, 50%+ of FY2027 and ~67% of FY2028 output already pre-sold. Is the near-term margin pain worth the backlog-backed upside? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #Earnings #BuyRating #DataCenter #StockAnalysis
🦈 📊