Shyon
08-05
I'm cautiously bullish on SanDisk $SanDisk Corp.(SNDK)$ after earnings. The sharp pullback in July has already priced in much of the concern over AI spending and the memory cycle, while continued AI infrastructure investment should support enterprise SSD and storage demand. I also expect hyperscaler spending to remain strong over the coming quarters. That should continue to benefit high-performance storage solutions.

For me, the key is fiscal 2027 guidance. If management remains confident on AI demand, NAND pricing and margins, I think investor sentiment will continue to improve.

My prediction is SanDisk trades around US$1,500 after earnings. Expectations are high, but I believe the recent correction has created a healthier setup for the stock. Even if there is short-term volatility, I'm comfortable holding for the longer-term AI storage opportunity.

@TigerStars @Tiger_comments @TigerClub @Tiger_Earnings

SanDisk's $14B Buyback Fails to Impress — Why Two Straight Days of Losses After Strong Earnings?
Memory's post-earnings selloff ran a second session Thursday. SanDisk −6.81%, its $14 billion buyback no help; Western Digital −13.03% even with revenue up 44% year-over-year; SK Hynix −4.97%; the 2x SanDisk product SNXX −13.53%. The logic is plain: results are the rearview mirror, guidance sets the price, and SanDisk's cautious next quarter erased the beat. Analysts also point to hidden leverage still unwinding. Buybacks and quadrupled profit couldn't lift the stock — so who prices memory now?
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Comments

  • zippyzo
    08-05
    zippyzo
    I added on that July flush, and 1500 still feels conservative if 2027 guide stays clean. You think they finally give enough margin color this time?
    • Shyon: 
      [Anger] [Anger] [Anger]
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