Sandisk

Sandisk reports revenue of $11.03 billion for the first fiscal quarter of 2027, an increase of 378% year-on-year, and announces an 8-for-1 stock split. Shareholders on the register at market close on November 9 will receive seven additional shares; the new shares will be issued after market close on November 19 and trading will be conducted on a split-adjusted basis from November 20. The company emphasizes that the split does not change value or voting stakes and views the measure as a way to make the stock more accessible. The stock fell sharply in premarket trading, and analyst ratings remain predominantly positive according to consensus. » More on finanzen.net

Sandisk reported a record quarter with USD 11.03 billion in revenue and adjusted earnings of USD 49.51 per share, and gave guidance for up to USD 12.6 billion in revenue next quarter plus an 8:1 stock split. Growth was driven mainly by the data center business, which makes up 43.5% of revenue, while the consumer business shrank. Gross and operating margins rose markedly, the company generated strong free cash flow and is conducting sizable share buybacks; the balance sheet carries no financial debt. The stock fell in after-hours trading despite the better results as investors worry about price volatility in the NAND market, the sustainability of high margins and the drag from declining consumer demand. » More on deraktionaer.de

A year ago a Sandisk share cost $94.29; a $100 investment would then have bought 1.061 shares. On 24.09.2026 those shares would have been worth $1,859.82 at the close, an increase of about 1,759.82 percent. Sandisk's market capitalization most recently stood at $266.35 billion; stock splits and dividends were not taken into account in the calculation. » More on finanzen.net

Sandisk shares have risen sharply year-to-date (about 695%), and Rosenblatt initiated coverage with a buy rating and a $2,400 price target. Analyst Kevin Cassidy cites growing demand for NAND flash in AI and data-center environments and Sandisk’s roadmap with BiCS8/BiCS10 architectures. Cassidy expects significant data-center revenues in fiscal 2027–2028 and points to new contract models intended to reduce volatility. Other analysts see targets up to $3,000, and inclusion in the S&P 100 further strengthens the stock’s position. » More on finanzen.net

Sandisk is the strongest performer in the Nasdaq 100 so far, rising 644 percent from the start of the year through September 22. Following it are Micron Technology (+266%), Intel (+230%), Seagate Technology (+219%) and Marvell Technology (+203%). The ranking offers an interim assessment at the end of the third quarter and points to a strong performance by memory and semiconductor stocks. » More on deraktionaer.de