Sandisk Forecasts Profits and Sales Above Expectations Driven by AI Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2026
0mins
Should l Buy SNDK?
Source: Yahoo Finance
- Earnings Forecast Exceeds Expectations: Sandisk predicts third-quarter revenue midpoint of $4.6 billion and adjusted profit of $14 per share, both surpassing Wall Street estimates of $2.77 billion and $4.37, indicating strong performance amid surging AI-driven storage demand.
- Sales and Profit Growth: The company reported second-quarter sales of $3.3 billion and adjusted profits of $6.20 per share, exceeding market expectations of $2.64 billion and $3.33, reflecting growth despite tight flash storage supplies.
- Supply Agreement Extension: Sandisk's joint venture with Kioxia secures flash chip supply, extending their agreement to 2034 from 2029, demonstrating confidence in future capacity and supply stability.
- AI Demand Drives Market: As large AI firms build data centers for inference needs, Sandisk's forecast indicates that customers prioritize securing supply over price, highlighting robust market demand despite ongoing memory chip shortages.
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Analyst Views on SNDK
Wall Street analysts forecast SNDK stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 692.730
Low
220.00
Averages
283.69
High
410.00
Current: 692.730
Low
220.00
Averages
283.69
High
410.00
About SNDK
SanDisk Corporation is a developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology and has consumer brands and franchises globally. The Company's solutions include a range of solid state drives (SSDs) embedded products, removable cards, universal serial bus (USB) drives, and wafers and components. Its broad portfolio of technology and products addresses multiple end markets of Datacenter, Edge and Consumer. Its Datacenter end market is composed primarily of products for public or private cloud environments and enterprise customers. The Company, through the Edge end market, provides original equipment manufacturer and channel customers a broad array of high-performance flash solutions across personal computer, mobile, gaming, automotive, virtual reality headsets, at-home entertainment, and industrial spaces. The Company serves the Consumer end market with a broad range of retail and other end-user products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Future Growth Expectations: The company anticipates revenues could reach as high as $4.8 billion in the current quarter, indicating significant growth potential amid rising demand for artificial intelligence and high-speed storage solutions.
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See More
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- Technological Advancements: The analyst highlights that TurboQuant was first explored in 2025, with recent results on AI inference performance gains indicating that various algorithms from Google will drive increased memory demand, further enhancing the bullish stance on these stocks.
- Market Dynamics: Rakesh believes that the adoption of virtualized machines has paradoxically increased server demand, and the launch of DeepSeek has not led to a GPU slowdown but rather accelerated AI growth, demonstrating sustained demand for memory products.
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