- Sandisk has secured nearly $94 billion in minimum contracted revenue through long-term New Business Model agreements designed to provide an 80% gross margin floor for two-thirds of its business.
- Fiscal Q4 revenue reached $8,965 million with robust datacenter growth; annual revenue stands at $20.25 billion and net profit at $11.43 billion.
- Management targets non-GAAP gross margins of 80% and operating margins of 75% through FY2028-FY2030.
- SNDK fell 35% from its June high to $1,519.97 by September 16 on fears of a slower AI development pace, then rose 4.72% on September 17 on renewed institutional buying and AI memory demand.
- Analysts maintain Buy ratings with an average price target of $2,124.18, while TIKR's valuation model implies a mid-case target near $3,180.
引述
“SanDisk Corporation (SNDK) moved up by 4.72%.”
“The company has secured nearly $94 billion in minimum contracted revenue through long-term "New Business Model" agreements, which are designed to provide an 80% gross margin floor for two-thirds of its business”
“Management targets non-GAAP gross margins of 80% and operating margins of 75% through FY2028–FY2030, supporting a higher normalized earnings outlook.”