TraderS | 缺德道人|Aug 06, 2026 02:13
Damn, I was too cautious this time, and @Wangduanniao ended up taking the win.
I thought SanDisk (SNDK) would pump after its earnings report, even if it was just for show.
But who would've thought it would nosedive straight down like a waterfall.
This time, SanDisk's earnings report itself wasn’t the issue. Adjusted Q4 EPS came in at $39.25, beating analysts' expectations of $34.45 by about 14%. Revenue hit $8.97 billion, also higher than the $8.39 billion forecast, and skyrocketed compared to $1.9 billion in the same period last year. Gross margin was 84.6%, and adjusted free cash flow exceeded $5 billion. Their data center business grew 437% year-over-year.
The problem lies in the guidance for next quarter. SanDisk’s FY27 Q1 revenue guidance was $10.3–10.8 billion, below the market expectation of $11.16 billion. EPS guidance was $44–46, with the midpoint slightly below the consensus of $45.58. As a result, the stock price dropped in after-hours trading.
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