--- title: "SanDisk CEO David Goeckeler Sees ‘Tremendous Pull’ as Customers Lock in Supply and Come Back for More — Pipeline Runs Through 2030" type: "News" locale: "en" url: "https://longbridge.com/en/news/303718549.md" description: "SanDisk CEO David Goeckeler reported strong customer demand, with clients locking in long-term supply commitments extending through 2030. The company posted robust Q1 results, with earnings of $49.51 per share and revenue of $11.03 billion, beating estimates. SanDisk also announced an eight-for-one stock split effective November 2026. Despite the positive financial outlook and strategic supply deals, shares declined 5.32% following the earnings call." datetime: "2026-10-30T09:03:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/303718549.md) - [en](https://longbridge.com/en/news/303718549.md) - [zh-HK](https://longbridge.com/zh-HK/news/303718549.md) generator: "portal-rs" --- # SanDisk CEO David Goeckeler Sees ‘Tremendous Pull’ as Customers Lock in Supply and Come Back for More — Pipeline Runs Through 2030 **SanDisk Corp.**‘s (NASDAQ:SNDK) customers are seeking long-term commitments for SanDisk’s memory supply, with one of its biggest buyers already back for a second round. ## **Customers Lock in Supply and Return for More** The long-term supply deals have opened “very deep and strategic level conversations” with customers about how they use SanDisk’s products, CEO **David Goeckeler** told analysts on the fiscal first-quarter earnings call on Thursday. “All of that is leading to a tremendous pull on our portfolio,” Goeckeler said. SanDisk has already signed a second round of the deals with one of its biggest customers and is in talks with others. Some customers have come to the company “offering” the deals themselves, Goeckeler added. **Read Also: Micron, SanDisk Stocks Remain Far Below Highs Despite ‘Exploding’ Memory Profits — Chamath Palihapitiya Asks Why** ## P**ipeline Runs Through 2030 as Demand Strengthens** SanDisk now has a pipeline of customers willing to give demand signals and financial commitments that runs through 2030, and Goeckeler said the company is even getting beyond that. The commitments could eventually allow SanDisk to adjust supply, but Goeckeler said negotiations are still underway. Rival **SK Hynix Inc.** said that its supply was not keeping up with market growth and that it expects demand to exceed supply through 2030, while **Samsung Electronics Co. Ltd.** said surging AI-driven demand is likely to tighten supply shortages further in 2027 than in 2026. ## **Double Beat in Q1** SanDisk reported fiscal first-quarter earnings of $49.51 per share, topping the analyst estimate of $46.36, according to Benzinga Pro data. Revenue came in at $11.03 billion, ahead of the $10.70 billion consensus and up from $2.31 billion a year earlier. For the second quarter, the company expects adjusted earnings of $55 to $57 per share, above the $53.04 analyst estimate, and revenue of $12.2 billion to $12.6 billion, versus the $12.24 billion estimate. The company also announced an eight-for-one forward stock split, effective Nov. 19, 2026. **Price Action:** Shares closed 5.32% lower on Thursday at $1,330.05, and fell 4.14% to $1,275 in premarket trading on Friday. **Benzinga Edge rankings** indicate SanDisk’s stock has a Momentum score in the 99th percentile and a Value score in the 17th percentile. **See More: Top Value Stocks** ***Disclaimer*:** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo courtesy: jejim from Shutterstock* ### Related Stocks - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [SNDC.US](https://longbridge.com/en/quote/SNDC.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) ## Related News & Research - [Sandisk Has More Demand Than It Can Supply Through 2030, Analyst Says](https://longbridge.com/en/news/303778285.md) - [Throwback to SanDisk’s AI memory valuation after a 3,000% gain](https://longbridge.com/en/news/302997837.md) - [Sandisk reports another big earnings beat. Investors may have wanted more.](https://longbridge.com/en/news/303636519.md) - [BUZZ-Street View: Data center exposure bolsters Sandisk's long-term prospects](https://longbridge.com/en/news/303708267.md) - [SNDK: AI-led NAND demand fueled record results and stronger Q2 guidance](https://longbridge.com/en/news/303640809.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**