Sandisk Reports Fiscal Second Quarter 2026 Financial Results
Sandisk Corporation (SNDK)
Company Research
Source: Business Wire
News SummarySecond quarter revenue was $3.03 billion, up 31% sequentially and above the guidance range, with GAAP net income reported at $803 million ($5.15 diluted net income per share). Second quarter Non-GAAP diluted net income per share was $6.20.Datacenter revenue was up 64% sequentially, driven by strong adoption among AI infrastructure builders, semi-custom customers, and technology companies deploying AI at scale.Expect third quarter revenue to be in the range of $4.40 billion to $4.80 billion, with expected Non-GAAP diluted net income per share to be in the range of $12.00 to $14.00. MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) today reported fiscal second quarter financial results.“This quarter’s performance underscores our agility in capitalizing on better product mix, accelerating enterprise SSD deployments, and strengthening market demand dynamics, all at a time when the critical role that our products play in powering AI and the world’s techn
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News
- Sandisk Corporation (SNDK): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Sandisk (NASDAQ:SNDK) had its price target raised by analysts at Citigroup Inc. from $490.00 to $750.00. They now have a "buy" rating on the stock.MarketBeat
- Sandisk (NASDAQ:SNDK) was given a new $1,000.00 price target on by analysts at UBS Group AG.MarketBeat
- Sandisk (NASDAQ:SNDK) was given a new $750.00 price target on by analysts at Barclays PLC.MarketBeat
- Sandisk (NASDAQ:SNDK) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SNDK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
SNDK
Earnings
- 1/29/26 - Beat
SNDK
Sec Filings
- 2/3/26 - Form 144/A
- 2/2/26 - Form 144
- 1/30/26 - Form 10-Q
- SNDK's page on the SEC website