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Sandisk Unveils Multi-Year Financial Model and Growth Strategy, Memory Stocks Soar
24/7 Wall St.42d agobullish
Sandisk Unveils Multi-Year Financial Model and Growth Strategy, Memory Stocks Soar

Sandisk (NASDAQ:SNDK) stock is surging 15% to $1,545.35 on Thursday as investors digest the memory maker’s new long-term financial model and growth strategy. Sandisk’s 2026 Investor Day laid out an ambitious framework for fiscal 2028 through fiscal 2030, including mid-to-high teens revenue growth, approximately 80% non-GAAP gross margins and approximately 50% adjusted free cash flow ... Sandisk Unveils Multi-Year Financial Model and Growth Strategy, Memory Stocks Soar