SanDisk Corp Stock Price, News & Analysis

Sandisk (NASDAQ:SNDK) reported its fiscal Q4 2025 results, with revenue reaching $1.90 billion, up 12% sequentially and 8% year-over-year. The company posted a GAAP net loss of $23 million ($0.16 loss per share), while Non-GAAP EPS was $0.29.

For fiscal year 2025, revenue totaled $7.36 billion, up 10% from 2024. The Cloud segment showed remarkable growth of 195% year-over-year. Looking ahead, Sandisk projects Q1 2026 revenue between $2.10-2.20 billion with Non-GAAP EPS guidance of $0.70-0.90.

The company highlighted the successful ramp of BiCS8 technology and introduced High Bandwidth Flash (HBF) for AI inference solutions, positioning itself for sustainable growth and margin expansion.

[ "Revenue increased 12% sequentially to $1.90 billion, exceeding guidance", "Cloud segment revenue grew 195% year-over-year to $960 million", "Gross margin improved 3.7 percentage points sequentially to 26.4% (Non-GAAP)", "Strong Q1 2026 guidance with revenue projected at $2.10-2.20 billion", "Operating expenses decreased 79% sequentially on GAAP basis" ]

Sandisk (NASDAQ: SNDK) has signed a Memorandum of Understanding with SK hynix to standardize High Bandwidth Flash (HBF) memory technology for AI applications. This groundbreaking collaboration aims to develop memory solutions that offer 8-16x more capacity than High Bandwidth Memory (HBM) at a similar cost.

The technology, powered by Sandisk's BiCS technology and CBA wafer bonding, was awarded "Best of Show, Most Innovative Technology" at FMS 2025. Sandisk plans to deliver first HBF samples in H2 2026, with AI-inference devices featuring HBF expected in early 2027.

Sandisk (NYSE:SNDK) has unveiled its groundbreaking UltraQLC™ technology platform, showcasing a 256TB NVMe™ enterprise SSD designed for AI-driven workloads. The platform features innovative BiCS8 QLC CBA NAND technology, custom controllers, and system optimizations specifically engineered for hyperscale cloud applications.

Key technological advances include Direct Write QLC, BiCS8 2Tb QLC die for doubled storage density, and UltraQLC™ power optimization delivering up to 10% higher performance. The company will offer both 128TB and 256TB variants in U.2 form factor, with availability scheduled for first half of 2026.

Sandisk (NASDAQ: SNDK) has announced the formation of a Technical Advisory Board for its innovative High Bandwidth Flash (HBF™) memory technology. The board's inaugural members include Professor David Patterson, a Turing Award winner and Google distinguished engineer, and Raja Koduri, a renowned computer engineer and current Founder/CEO of Oxmiq Labs.

HBF technology is designed to enhance AI inference workloads by offering up to 8x the capacity of High Bandwidth Memory (HBM) at a similar cost. The technology utilizes BiCS technology and CBA wafer bonding, featuring proprietary stacking with ultra-low die warpage for 16-high configurations.

SanDisk (NASDAQ: SNDK) has scheduled its fourth quarter and fiscal year 2025 earnings conference call for August 14, 2025, at 1:30 p.m. Pacific time. The company will make both a live webcast and replay available to investors through its investor relations website at investor.sandisk.com.

Sandisk Corporation (NASDAQ: SNDK) has announced its participation in the upcoming Mizuho Technology Conference 2025. The management presentation is scheduled for Wednesday, June 11, at 8:15 a.m. PT / 11:15 a.m. ET. Interested parties can access the live webcast through Sandisk's Investor Relations website at investor.sandisk.com. An archived replay of the presentation will also be made available on the website after the event concludes. Sandisk is known for delivering innovative Flash solutions and advanced memory technologies to both consumers and businesses.

Sandisk (SNDK) has announced the pricing of an upsized secondary public offering of 18,534,581 shares of common stock at $38.50 per share, increased from the originally proposed 17,000,000 shares. The shares are currently owned by Western Digital Corporation (WDC), Sandisk's former parent company. WDC will exchange these shares with J.P. Morgan Securities LLC and BofA Securities affiliates for certain WDC debt. The underwriters have a 13-day greenshoe option to purchase up to 2,780,187 additional shares. If the greenshoe is fully exercised, WDC would retain 7,513,019 SNDK shares. Sandisk will not receive any proceeds from the offering. The offering is expected to close on June 9, 2025, with J.P. Morgan Securities LLC and BofA Securities acting as joint lead book-runners.

Sandisk announced a secondary public offering of 17 million shares of common stock owned by Western Digital Corporation (WDC), its former parent company. The offering includes a greenshoe option for underwriters to purchase up to 2.55 million additional shares. Prior to the offering, WDC will exchange these shares through a debt-for-equity exchange with affiliates of J.P. Morgan Securities LLC and BofA Securities, who will act as selling stockholders. Sandisk will not receive any proceeds from the sale or debt-for-equity exchange. After the exchange and if the greenshoe option is fully exercised, WDC would retain ownership of 9,277,787 SNDK shares. J.P. Morgan Securities LLC and BofA Securities are serving as joint lead book-runners for the offering.

Sandisk (SNDK) reported its fiscal Q3 2025 financial results with revenue of $1.70 billion, down 10% sequentially but above guidance. The company posted a significant GAAP loss of $1.93 billion ($13.33 per share), largely due to a $1.83 billion goodwill impairment charge. Non-GAAP loss was $0.30 per share. By segment, Cloud revenue grew 103% YoY to $197M, while Client revenue declined 10% to $927M, and Consumer remained flat at $571M. For Q4 2025, Sandisk projects revenue between $1.75-1.85 billion with Non-GAAP EPS ranging from ($0.10) to $0.15. CEO David Goeckeler highlighted strong execution in their first quarter as a standalone company, successful BiCS 8 technology ramp-up, and strategic actions including supply reduction and price increases to maximize returns.