Overview
- SanDisk, which reports earnings Wednesday, faces high expectations because Visible Alpha and Bloomberg consensus models project revenue and adjusted EPS above the company’s guidance ceiling.
- Visible Alpha projects about $8.71 billion in revenue and $35.45 in adjusted EPS while Bloomberg’s consensus is roughly $8.64 billion and $34.37, both higher than SanDisk’s top guidance of $8.25 billion and $33 EPS.
- Options expiring after the report priced roughly a 14.9% move, signaling unusually large market volatility and concentrated risk around the earnings print.
- The company’s recent surge in data‑center sales — fiscal Q3 data‑center revenue rose 233% sequentially to $1.47 billion — underpins Wall Street’s AI-driven demand case but raises questions about how long high NAND selling prices and margins will last.
- Investors are focused on the August 13 Investor Day for specific contract terms, long‑term customer commitments and any fiscal‑2027 targets because new NAND capacity, especially from China, could pressure prices and margins next year.