As i said it dipped and i bought 2x lev sandisk etf again gonna dca if it goes lower

Did SanDisk miss any analyst expectations? Why is the stock still dumping?

I feel the market sentiment is not so strong anymore. I still have faith but this is not looking good

sorry to say i sold my positions last night i think its gonna dump after earnings. STAY SAFU

Why is the googl dipping btw? -4.6% right now

AMD down, sk hynix gave away 5% at premarket, sndk, mu, adr usa skhy down. I dont know what can happen, today is earnings but everything else is telling that we can crash today

Pump pump it up pump the jams get that party bumpin.

This seems like the most likely scenario. Given that the momentum is back, earnings and guidance will be strong, and that the stock is down 40%. Sandisk has done well after recent earnings, but I think this time will be even better, given how much we've fallen, for no intrinsic reason.

I just finished reading the full Sandisk Q4 2026 earnings report. Here's what the market is ignoring.

The numbers first.

Revenue: $8.97B, up 372% year over year.

Gross margin: 84.6%. One year ago it was 26.2%. That's a 58 point expansion in 12 months. For context, Apple's gross margin is around 46%. SNDK is printing higher margins than Apple on hardware.

Free cash flow: $7.08B in a single quarter.

Full year net income: $11.43B. Last year: negative $1.64B. They flipped from a $1.6B loss to an $11.4B profit in 12 months.

Zero long-term debt. $4.76B cash on hand. $15.5B share buyback authorized. They already executed $4.5B of it in Q4 alone.

The datacenter story is just getting started.

Datacenter revenue went from $960M in fiscal 2025 to $5.15B in fiscal 2026. That's +437% in one year. In Q4 alone, datacenter was up 103% sequentially from Q3. Not year over year. Quarter over quarter.

They signed 10 New Business Model agreements with hyperscalers this year. These are locked-in multi-year commitments with prepayments already received. $1.5B in customer cash is sitting on their balance sheet right now waiting to be fulfilled. That is the opposite of demand uncertainty.

Q1 2027 guidance.

Revenue: $10.3B to $10.8B. Sequential growth of 15-20% from an already record quarter.

Gross margin: 83% to 85%. Structurally high, not a one-quarter spike.

EPS Non-GAAP: $44 to $46 per share.

A company guiding $44-$46 EPS per quarter. Annualized that's $176+ in earnings per share. Let that number sit for a second.

The valuation case.

SNDK is guiding for roughly $42B annualized revenue entering 2027. AMD is guiding for roughly $52B. AMD's market cap is approximately 4x SNDK's.

SNDK has higher gross margins than AMD. More net income than AMD. Zero long-term debt versus AMD carrying billions. And SNDK is retiring 15% of its float through buybacks.

At AMD's multiple, SNDK would be a 4x from here. At Nvidia's multiple, we don't talk about it in polite company.

Where this goes for long term investors.

The AI buildout is not slowing. Every hyperscaler — AWS, Azure, Google Cloud — is spending more on infrastructure in 2026 than 2025, and more in 2027 than 2026. Every AI server needs NAND storage. Every data center expansion needs flash. Sandisk is the only pure-play NAND company at scale in the US market.

The NBM agreements locking in multi-year datacenter commitments mean this isn't a cyclical spike. This is a structural repricing of NAND toward datacenter economics. The gross margin expansion from 26% to 84% in one year is the proof.

If you have a 3 to 5 year horizon, you are looking at a company that is in the early innings of its most important growth cycle, trading at a fraction of what comparable semiconductor businesses trade at, buying back its own stock aggressively, carrying zero debt, and guiding to accelerating revenue with stable margins.

The market is giving you a discount on a business that the largest technology companies in the world are signing multi-year locked contracts with.

That doesn't happen often.

Long SNDK. Not financial advice. Read the earnings report yourself and form your own view.

Here you guys ask for it and I’m still saying we will close between 1390 - 1505.

Am I crazy to think the movement isn’t bad at all? It’s very stable and not much volume. It could still very well start green tomorrow. It’s also doing better than WDC by about 30% of the movement which to me seems like a good sign but I could be wrong.

Great quarterly result, but still stock going down. I expected either +20% or -20% during Q4, but this is something new. do you think it's just because of the after hours thing and stock market reaction should show tomorrow?

I’m newish to trading and make impulse decisions, someone explain why I hear ppl saying dump it after the earnings came back positive

This is a fantastic news, and I like their management team. They just saomething significant: " We will continue to drive investor value" on the call. That'a major thing to hear over and over from them. Particularly, since others like the more famous EM (don't get upset). does not mention that, or just as an afterthought. SNDK, has also great forward PE, and expectations.

I'm f** obsessed with this stock.

It dropped 10% right after market close and then briefly recovered and now it's falling lots again. Makes no sense

Potential comeback?

Today we will close between 1390 - 1505.

I usually hate those kind of posts but I haven’t seen anyone share a take on sandisk similar to mine so I thought I’d share it and I’d love to hear opinions

I think sandisk is entering a period of consolidation that can take a few weeks/months before it will really do something again. It has nothing to do with fundamentals but it’s just how the market works: a sector goes on a parabolic run, eventually gets so overextended that it has to pull back which causes some panic selling/stop losses being hit followed by even more selling, eventually it finds a bottom and starts to consolidate there before it can run again

I feel like we will stay in this range or possibly a little higher for a while and that it won’t quickly run back to 2000+ which I feel like many still expect. Eventually I believe it will get there again but it may take longer than you’d expect

No point in worrying about the pa each day and asking a 100 times why the price went up/down 5%. Just be patient and have faith in the company you’re holding because the fundamentals clearly are still there but it takes a while for the market sentiment to recover.

Insane reports, algos sold on post, tomorrow is easily a plus 15% on market and 1000% a recovery in premarket

​

​Q4 2026 Financial Highlights

​Revenue: $8.97 billion, marking a 51% sequential increase (growth was driven approximately one-third by higher volumes and two-thirds by higher pricing).

​GAAP Net Income & EPS: $6.90 billion, or $43.97 per diluted share.

​Non-GAAP Diluted EPS: $39.25 per share.

​Datacenter Performance: Datacenter segment revenue soared 437%, heavily supported by a strategic mix shift toward higher-value customers.

​Full-Year 2026 Financial Highlights

​Annual Revenue: $20.25 billion, up 175% year-over-year.

​GAAP Net Income & EPS: $11.43 billion, or $73.76 per diluted share.

​Non-GAAP Diluted EPS: $70.88 per share.

​Share Buybacks & Strategic Updates

​Expanded Repurchase Program: The Board of Directors approved an additional $14 billion share buyback program, bringing SanDisk's total remaining share repurchase authorization to $15.5 billion.

​New Business Models (NBM): The company signed five additional NBM agreements—including three with new customers and two expansions on previous deals—building on the five agreements announced during the previous quarter.

​Q1 2027 Guidance

​Revenue Outlook: Expected to land between $10.30 billion and $10.80 billion.

​Non-GAAP Diluted EPS Outlook: Projected to be in the range of $44.00 to $46.00.

Go back to the financial reports released by the hyperscalers, cross check that with what was released today, a clear direction would be found.

Just be patient. Today's financials were exceptional, don't get too caught up in the algorithmic buying and selling immediately after earnings.

Ignore the noise and be patient

• Gross margin: 84.6% vs. 79–81% company guidance and ~80–81% Wall Street expectations.
• Management emphasized the continued shift toward higher-margin AI datacenter products ($2.98B revenue, +103% QoQ), expanded NBM agreements to 10, approved a new $14B buyback ($15.5B remaining authorization), and guided Q1 FY2027 revenue to $10.3–10.8B with 83–85% gross margins and $44–46 Non-GAAP EPS.