SNDKSandisk Corporation
Sandisk Corporation (SNDK) sells NAND flash memory and storage solutions for data centers, enterprise, and consumer markets. The next catalyst is Oct 15, 2026 — Q3 Industry Capex & Supply Update, which will outline NAND demand, pricing, and supply chain dynamics.
- Public fact: Revenue for the fiscal year ended April 3, 2026, was $12.98B, with a net margin of 41.1% and a debt-to-equity ratio of 0.00x.
- Scouter has modeled bull and bear paths into the next catalyst, tracking how the event could reshape pricing power and capex trends.
- Past catalysts are scored in The Read — the Q3 2026 Earnings Release (Nov 16, 2026) saw a bull outcome, while the Key Competitor Commentary (Feb 19, 2026) also leaned bull.
The schedule
- Thu15Oct
Mid-quarter industry checks on hyperscaler capex digestion and competitor NAND supply additions.
- Mon16Nov
- Tue8Dec
Potential regulatory constraints on international shipments of AI memory components.
- Tue9Feb
Q4 results assessing the long-term contract resilience following late-2026 macro and policy shocks.
- Fri7May
First-quarter update evaluating the start of a renewed AI infrastructure refresh cycle.
- Mon9Aug
Past
- Thu30Apr
Actual outcome: Bull · $1,694.98 at outcome
Sandisk reported a strong quarter, with earnings and revenue above expectations and Q3 EPS of $23.41 versus a $14.50 consensus, while management also raised the outlook with another rosy quarter and said it had signed at least $42 billion in long-term contracts. The company highlighted a fundamental inflection point driven by AI/datacenter demand and higher-value mix, which reinforced the bull case that the earnings power is sustainable rather than just a short-lived NAND spike.
Sandisk reported a strong quarter, with earnings and revenue above expectations and Q3 EPS of $23.41 versus a $14.50 consensus, while management also raised the outlook with another rosy quarter and said it had signed at least $42 billion in long-term contracts. The company highlighted a fundamental inflection point driven by AI/datacenter demand and higher-value mix, which reinforced the bull case that the earnings power is sustainable rather than just a short-lived NAND spike.
- Thu19Feb
Actual outcome: Bull · $632.38 at outcome
Industry commentary and news reports confirmed a persistent NAND memory shortage, granting SanDisk significant pricing power and positioning it as a primary beneficiary of AI-driven data center demand. While a secondary offering by former parent Western Digital initially tempered gains, the stock surged past bull targets as the Supreme Court's rejection of protectionist tariffs provided a macro tailwind for the semiconductor sector.
Industry commentary and news reports confirmed a persistent NAND memory shortage, granting SanDisk significant pricing power and positioning it as a primary beneficiary of AI-driven data center demand. While a secondary offering by former parent Western Digital initially tempered gains, the stock surged past bull targets as the Supreme Court's rejection of protectionist tariffs provided a macro tailwind for the semiconductor sector.
- Thu29Jan
Actual outcome: Bull · $665.24 at outcome
Sandisk delivered an exceptional Q4 2025, reporting EPS of $6.20, crushing the $3.62 estimate by over 71%. This massive beat, coupled with surging NAND demand driven by the AI data center buildout and resulting gross margin expansion, validated the stock's high valuation and strong momentum. The stellar fundamental results drove the stock to surge 23.4% immediately and clear the $550 bull target.
Sandisk delivered an exceptional Q4 2025, reporting EPS of $6.20, crushing the $3.62 estimate by over 71%. This massive beat, coupled with surging NAND demand driven by the AI data center buildout and resulting gross margin expansion, validated the stock's high valuation and strong momentum. The stellar fundamental results drove the stock to surge 23.4% immediately and clear the $550 bull target.