Investment Thesis
SanDisk (SNDK) forecasts fiscal 2027 first-quarter revenue between $10.3 billion and $10.8 billion with an adjusted profit of $44 to $46 per share, driven by heavy AI-fueled demand for enterprise solid-state drives. Wall Street maintains a Strong Buy consensus, projecting a 12-month average price target near $2,145.
Financial Guidance & Q1 Projections
Revenue Guidance: $10.3 billion to $10.8 billion (midpoint above the $10.47 billion analyst consensus).
Adjusted EPS: $44.00 to $46.00 per share (surpassing expectations of ~$43.12).
Gross Margins: Anticipated between 83% and 85%.
Wall Street Analyst Outlook
Consensus Rating: Strong Buy (based on recent brokerage and analyst inputs).
Average Price Target: ~$2,145 to $2,181.
Highest Price Target: $3,050
Lowest Price Target: $1,300
Drivers & Market Context
AI Data Centers: Surging need for high-capacity flash memory and enterprise data storage to support generative AI infrastructure.
Long-Term Deals: Structural revenue stability boosted by multi-year supply agreements with major tech customers.
SanDisk (SNDK) Is A Buy : Get This Stock Before It Jumps
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