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Sandisk Corporation (SNDK) is a flash memory and data storage company.
SanDisk's revenue surged 97% quarter over quarter to $5.95 billion in fiscal 2026 Q3.
KEY POINTS
- Bernstein SocGen raised its price target on SanDisk to $1,700, citing strong earnings momentum.
- SanDisk's data center business is expanding rapidly due to AI-driven demand for high-performance NAND.
- FY2026 EPS is expected to grow 3,491.6% to $63.93, far exceeding previous forecasts.
- SanDisk has moved toward long-term supply agreements, providing greater revenue and margin stability.
COMPANIES
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