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. » Altro su 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. » Altro su 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. » Altro su finanzen.net