🔥 SNDK: RECORD EARNINGS, 8-FOR-1 STOCK SPLIT & AI STORAGE BOOM!
SanDisk ($SNDK ) is making headlines after reporting impressive fiscal Q1 2027 results, with revenue reaching $11.03 billion and non-GAAP EPS of $49.51.
Key Highlights:
Revenue increased 23% quarter-over-quarter.
Announced an 8-for-1 stock split.
AI data-center demand continues driving enterprise SSD and NAND storage growth.
Q2 revenue guidance: $12.2B–$12.6B.
Shares dropped sharply on November 5 amid technology-sector selling and profit-taking.
What's Next?
Despite the recent correction, SanDisk's AI storage business remains a major growth opportunity. Investors will be watching NAND pricing, AI infrastructure spending, and upcoming earnings for further direction.
Related stocks: $SNDK, $MU, $WDC, $NVDA.
Is this a buying opportunity or the beginning of a deeper correction?
#Nasdaq100FuturesRise1.4%
SanDisk ($SNDK ) is making headlines after reporting impressive fiscal Q1 2027 results, with revenue reaching $11.03 billion and non-GAAP EPS of $49.51.
Key Highlights:
Revenue increased 23% quarter-over-quarter.
Announced an 8-for-1 stock split.
AI data-center demand continues driving enterprise SSD and NAND storage growth.
Q2 revenue guidance: $12.2B–$12.6B.
Shares dropped sharply on November 5 amid technology-sector selling and profit-taking.
What's Next?
Despite the recent correction, SanDisk's AI storage business remains a major growth opportunity. Investors will be watching NAND pricing, AI infrastructure spending, and upcoming earnings for further direction.
Related stocks: $SNDK, $MU, $WDC, $NVDA.
Is this a buying opportunity or the beginning of a deeper correction?
#Nasdaq100FuturesRise1.4%
