Sandisk Stock Soars 1400% Post Spin-Off from Western Digital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 9 hours ago
0mins
Should l Buy SNDK?
Source: NASDAQ.COM
- Stellar Stock Performance: Since its spin-off from Western Digital in February last year, Sandisk's stock has skyrocketed by 1400%, indicating strong growth potential in the flash storage market and attracting significant investor interest.
- Significant Revenue Growth: In Q2 of fiscal 2026, Sandisk reported nearly $1.7 billion in revenue, a 63% year-over-year increase, with 55% of this revenue coming from the edge devices market, highlighting robust demand in smartphones and PCs.
- Surge in Data Center Demand: Sandisk's data center revenue surged 76% year-over-year to $440 million in the previous quarter, with expectations of additional revenue from new customers in the coming quarters, driving overall performance positively.
- Optimistic Earnings Projections: Analysts anticipate a staggering 1220% increase in Sandisk's earnings per share to $39.45 this fiscal year, with potential to exceed $95 in three years, underscoring its potential as a multibagger stock.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SNDK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 630.290
Low
220.00
Averages
283.69
High
410.00
Current: 630.290
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 cloud, client and consumer. Its cloud end market is comprised primarily of products for public or private cloud environments and enterprise customers. The Company, through the client end market, provides numerous data solutions that it incorporates into its client’s devices, which consist of solid state drive desktop and notebook personal computers, gaming consoles and set top boxes, and flash-based embedded storage products. The Company serves the consumer end market with a portfolio of solid state drives and removable flash, including cards and USB flash drives.
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.
Sandisk's Future Growth Potential as Flash Storage Leader
- Stock Surge: Since its spin-off from Western Digital, Sandisk's shares have skyrocketed by 1,400%, reflecting strong market demand for its flash storage solutions and investor confidence in its future performance.
- Significant Revenue Growth: In Q2 of fiscal 2026, Sandisk's revenue from the edge devices market reached nearly $1.7 billion, a 63% year-over-year increase, primarily driven by the proliferation of AI in PCs and smartphones, with strong growth expected over the next three years.
- Surging Data Center Demand: Sandisk's data center revenue increased by 76% year-over-year to $440 million, and as demand for fast flash storage solutions rises, this segment is expected to have a more substantial impact on the company's performance in the coming three years.
- Massive Earnings Potential: Sandisk's earnings per share are projected to increase by 1,220% this fiscal year to $39.45, and assuming a conservative 25% growth in fiscal 2028, EPS could exceed $95, with a potential stock price of $2,375 based on Nasdaq-100's earnings multiple, indicating significant upside potential.
See More
Sandisk Stock Soars 1400% Post Spin-Off from Western Digital
- Stellar Stock Performance: Since its spin-off from Western Digital in February last year, Sandisk's stock has skyrocketed by 1400%, indicating strong growth potential in the flash storage market and attracting significant investor interest.
- Significant Revenue Growth: In Q2 of fiscal 2026, Sandisk reported nearly $1.7 billion in revenue, a 63% year-over-year increase, with 55% of this revenue coming from the edge devices market, highlighting robust demand in smartphones and PCs.
- Surge in Data Center Demand: Sandisk's data center revenue surged 76% year-over-year to $440 million in the previous quarter, with expectations of additional revenue from new customers in the coming quarters, driving overall performance positively.
- Optimistic Earnings Projections: Analysts anticipate a staggering 1220% increase in Sandisk's earnings per share to $39.45 this fiscal year, with potential to exceed $95 in three years, underscoring its potential as a multibagger stock.
See More
Sandisk Stock Pullback May Present Buying Opportunity
- Market Pullback Opportunity: Sandisk's stock has pulled back 14% from its February highs, currently trading at a forward P/E of 15 times fiscal 2026 estimates, indicating it remains attractive and may present a buying opportunity for investors.
- Industry Cycle Shift: As a leading producer of NAND storage devices, Sandisk is transitioning from a period of oversupply to a long-lasting supercycle, with market demand rapidly increasing and driving prices higher.
- Strong Financial Performance: Last quarter, Sandisk's revenue surged 61%, with gross margins expanding from 32.3% to 50.9%, indicating a significant enhancement in profitability amid NAND shortages, leading to a fivefold increase in adjusted earnings per share.
- AI Infrastructure Growth: With surging demand for high-performance solid-state drives from AI data centers, Sandisk finds itself in a favorable position, expected to benefit from substantial growth opportunities ahead, making the recent stock dip a prime investment opportunity.
See More
SanDisk's Recent Dip May Present a Buying Opportunity
- Market Pullback Analysis: SanDisk's stock has pulled back 14% from its February highs, yet it trades at a forward P/E of 15 times, indicating that its valuation remains attractive and may present a buying opportunity for investors.
- Industry Cycle Shift: As a leading producer of NAND storage devices, SanDisk is at the beginning of what appears to be a long-lasting supercycle, driven by surging demand for high-performance solid-state drives from AI data centers, suggesting a positive market outlook.
- Price Surge Drivers: With a NAND shortage, SanDisk's revenue jumped 61% last quarter, while gross margins expanded from 32.3% to 50.9%, significantly enhancing profitability and laying a solid foundation for future growth.
- Cautious Investment Advice: Despite SanDisk's strong market performance, the Motley Fool Stock Advisor analyst team did not include it in their current list of top investment stocks, prompting investors to carefully assess its investment value.
See More
U.S. Stocks Plunge as Tech Sector Weighs Down Market
- Tech Sector Retreat: U.S. stocks experienced a significant decline on Thursday, with the S&P 500 down 1.57%, the Dow Jones down 1.34%, and the Nasdaq 100 down 2.04%, primarily driven by a sell-off in the Magnificent Seven tech stocks, indicating concerns over the profitability outlook in the tech sector.
- Cisco Systems Warning: Cisco Systems saw its stock plummet over 12% after forecasting that rising memory chip prices would erode profitability, raising investor concerns about future performance and potentially diminishing market confidence.
- Weak Economic Data: Initial jobless claims in the U.S. fell by 5,000 to 227,000, below the expected 223,000, while January existing home sales dropped 8.4% month-over-month to 3.91 million, marking a 16-month low, which reflects signs of economic slowdown that could impact market sentiment.
- Positive Earnings Season: Despite the overall market downturn, over 76% of S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings projected to grow by 8.4%, indicating strong corporate profitability that may provide support for the market.
See More
Wall Street Rattled by Cisco's Cautious Outlook
- Cisco's Stock Plunge: Despite beating earnings and revenue expectations, Cisco Systems Inc. (NASDAQ:CSCO) saw its shares drop over 11%, marking the worst single-day decline since May 2022, as investors expressed concerns over profit durability.
- Tech Sector Decline: The iShares Tech-Expanded Software Sector ETF (NYSE:IGV) fell 3.7%, revisiting lows from last week, indicating heightened sensitivity to AI disruption risks following Cisco's outlook.
- Small Caps Underperform: The Nasdaq 100 dropped 1.7%, while both the S&P 500 and Dow Jones Industrial Average lost 1.2%, with the Russell 2000 small-cap index sliding 2.4%, reflecting a cautious market sentiment.
- Increased Volatility: The VIX surged 16%, as investors rotated into defensive sectors, with utilities and consumer staples outperforming, highlighting a risk-off tone in the market.
See More
Sandisk's Future Growth Potential as Flash Storage Leader
- Stock Surge: Since its spin-off from Western Digital, Sandisk's shares have skyrocketed by 1,400%, reflecting strong market demand for its flash storage solutions and investor confidence in its future performance.
- Significant Revenue Growth: In Q2 of fiscal 2026, Sandisk's revenue from the edge devices market reached nearly $1.7 billion, a 63% year-over-year increase, primarily driven by the proliferation of AI in PCs and smartphones, with strong growth expected over the next three years.
- Surging Data Center Demand: Sandisk's data center revenue increased by 76% year-over-year to $440 million, and as demand for fast flash storage solutions rises, this segment is expected to have a more substantial impact on the company's performance in the coming three years.
- Massive Earnings Potential: Sandisk's earnings per share are projected to increase by 1,220% this fiscal year to $39.45, and assuming a conservative 25% growth in fiscal 2028, EPS could exceed $95, with a potential stock price of $2,375 based on Nasdaq-100's earnings multiple, indicating significant upside potential.
See More
Sandisk Stock Soars 1400% Post Spin-Off from Western Digital
- Stellar Stock Performance: Since its spin-off from Western Digital in February last year, Sandisk's stock has skyrocketed by 1400%, indicating strong growth potential in the flash storage market and attracting significant investor interest.
- Significant Revenue Growth: In Q2 of fiscal 2026, Sandisk reported nearly $1.7 billion in revenue, a 63% year-over-year increase, with 55% of this revenue coming from the edge devices market, highlighting robust demand in smartphones and PCs.
- Surge in Data Center Demand: Sandisk's data center revenue surged 76% year-over-year to $440 million in the previous quarter, with expectations of additional revenue from new customers in the coming quarters, driving overall performance positively.
- Optimistic Earnings Projections: Analysts anticipate a staggering 1220% increase in Sandisk's earnings per share to $39.45 this fiscal year, with potential to exceed $95 in three years, underscoring its potential as a multibagger stock.
See More
Sandisk Stock Pullback May Present Buying Opportunity
- Market Pullback Opportunity: Sandisk's stock has pulled back 14% from its February highs, currently trading at a forward P/E of 15 times fiscal 2026 estimates, indicating it remains attractive and may present a buying opportunity for investors.
- Industry Cycle Shift: As a leading producer of NAND storage devices, Sandisk is transitioning from a period of oversupply to a long-lasting supercycle, with market demand rapidly increasing and driving prices higher.
- Strong Financial Performance: Last quarter, Sandisk's revenue surged 61%, with gross margins expanding from 32.3% to 50.9%, indicating a significant enhancement in profitability amid NAND shortages, leading to a fivefold increase in adjusted earnings per share.
- AI Infrastructure Growth: With surging demand for high-performance solid-state drives from AI data centers, Sandisk finds itself in a favorable position, expected to benefit from substantial growth opportunities ahead, making the recent stock dip a prime investment opportunity.
See More
SanDisk's Recent Dip May Present a Buying Opportunity
- Market Pullback Analysis: SanDisk's stock has pulled back 14% from its February highs, yet it trades at a forward P/E of 15 times, indicating that its valuation remains attractive and may present a buying opportunity for investors.
- Industry Cycle Shift: As a leading producer of NAND storage devices, SanDisk is at the beginning of what appears to be a long-lasting supercycle, driven by surging demand for high-performance solid-state drives from AI data centers, suggesting a positive market outlook.
- Price Surge Drivers: With a NAND shortage, SanDisk's revenue jumped 61% last quarter, while gross margins expanded from 32.3% to 50.9%, significantly enhancing profitability and laying a solid foundation for future growth.
- Cautious Investment Advice: Despite SanDisk's strong market performance, the Motley Fool Stock Advisor analyst team did not include it in their current list of top investment stocks, prompting investors to carefully assess its investment value.
See More
U.S. Stocks Plunge as Tech Sector Weighs Down Market
- Tech Sector Retreat: U.S. stocks experienced a significant decline on Thursday, with the S&P 500 down 1.57%, the Dow Jones down 1.34%, and the Nasdaq 100 down 2.04%, primarily driven by a sell-off in the Magnificent Seven tech stocks, indicating concerns over the profitability outlook in the tech sector.
- Cisco Systems Warning: Cisco Systems saw its stock plummet over 12% after forecasting that rising memory chip prices would erode profitability, raising investor concerns about future performance and potentially diminishing market confidence.
- Weak Economic Data: Initial jobless claims in the U.S. fell by 5,000 to 227,000, below the expected 223,000, while January existing home sales dropped 8.4% month-over-month to 3.91 million, marking a 16-month low, which reflects signs of economic slowdown that could impact market sentiment.
- Positive Earnings Season: Despite the overall market downturn, over 76% of S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings projected to grow by 8.4%, indicating strong corporate profitability that may provide support for the market.
See More
Wall Street Rattled by Cisco's Cautious Outlook
- Cisco's Stock Plunge: Despite beating earnings and revenue expectations, Cisco Systems Inc. (NASDAQ:CSCO) saw its shares drop over 11%, marking the worst single-day decline since May 2022, as investors expressed concerns over profit durability.
- Tech Sector Decline: The iShares Tech-Expanded Software Sector ETF (NYSE:IGV) fell 3.7%, revisiting lows from last week, indicating heightened sensitivity to AI disruption risks following Cisco's outlook.
- Small Caps Underperform: The Nasdaq 100 dropped 1.7%, while both the S&P 500 and Dow Jones Industrial Average lost 1.2%, with the Russell 2000 small-cap index sliding 2.4%, reflecting a cautious market sentiment.
- Increased Volatility: The VIX surged 16%, as investors rotated into defensive sectors, with utilities and consumer staples outperforming, highlighting a risk-off tone in the market.
See More
