Sandisk

SanDisk staged a strong single-session rally, surging 9.8% to close at $1,787.32, driven by bullish analyst calls on AI flash memory demand. Bernstein dubbed high-bandwidth flash a 'game changer' for AI and raised price targets, while several Wall Street firms lifted their targets from $2,250 to $2,800, pushing the stock to an intraday high of $1,826.79. Q4 revenue soared 371.6% YoY to $8.965 billion, with EPS of $43.97 and net margin of 77%, yet the stock remains 24.1% below its 52-week high of $2,354.39. A slight post-market pullback to $1,788.58 suggests some profit-taking.

SanDisk opened sharply higher today, surging to an intraday high of $1,662.70 before pulling back to close at $1,625.01, up approximately 6.34% from the prior close of $1,528.11. The rally was primarily driven by aggressive financial targets unveiled at the company's investor day, including a $90 billion contract portfolio, an 80% gross margin target, and a 50% adjusted free cash flow margin, with management pledging to return all cash to shareholders. This news propelled the stock to gain about 5.92% in pre-market trading, and the upward momentum continued into the regular session, albeit with high volatility. The company's financials further support the bullish narrative: Q4 revenue reached $8.965 billion, up 371.59% year-over-year, while net profit surged to $6.903 billion, a 30,113% increase, yielding an impressive 77% net profit margin. However, at $1,625, the stock still trades below its 60-day moving average of $1,650.07 and remains 31% off its 52-week high of $2,354.39. While the outlook is strong, Wedbush expressed caution, noting it is not completely sold on the company's message following the investor day.

SNDK surged intraday on AI memory technology breakthroughs and sector-wide strength, hitting a high of 1431.41 before settling at 1408.76, up ~4.8% from the prior close of 1344.29 in a low-open high-rally pattern. The rally was fueled by last week's joint 9th-gen QLC flash launch with Kioxia and MSCI's inclusion of SNDK in the ACWI IMI index, which had already lifted shares nearly 8% in pre-market. Q4 2026 revenue hit $8.965B (YoY +371.6%), net profit $6.903B (YoY +30113%), with a net margin of 77%. However, the stock remains 40% below its 52-week high of $2,354.39 and below the 60-day MA of $1,644.10, while YTD gain stands at 412.7%.

SanDisk surged on August 12, opening pre-market up 4.19% on news of its joint launch with Kioxia of 9th-gen 2TB QLC 3D flash memory for AI storage demand, then hitting an intraday high of $1,388.63 before closing at $1,344.29, a net gain of ~5.77%. The rally was fueled by sector-wide momentum in memory chips, with Micron also rising over 6%. Fundamental strength supported the move: Q4 2026 revenue soared 371.59% YoY to $8.965 billion, net profit surged 30,113.04% to $6.903 billion, and net margin reached 77%. However, the stock remains 42.9% below its 52-week high of $2,354.39 and below its 60-day MA of $1,642.79, despite a YTD gain of 388.41%, while a high PB of 12.73x suggests stretched valuation.

Sandisk (SNDK.US) staged a sharp intraday reversal, closing the regular session up approximately 5.1%, driven by a $15.5 billion stock buyback authorization (representing 8.6% of outstanding shares) and positive analyst commentary. The stock had fallen nearly 4% in pre-market trading to an intraday low of $1,191.01 before rebounding sharply, hitting a session high of $1,273.91. Fundamentals remain robust, with Q4 revenue of $8.965 billion (+371.6% YoY) and net income of $6.903 billion (+30,113% YoY), yet the current price of $1,274.17 trails both the 20-day MA ($1,373.06) and 60-day MA ($1,646.30), and remains 45.9% below the 52-week high of $2,354.39. However, post-market quotes slipped to $1,219.99, suggesting some profit-taking after the strong regular session.