Sandisk Eyes $8.3 Billion Q4 Revenue as AI Demand Lifts Enterprise SSDs
Updated
Updated · Yahoo Finance · Aug 3
Sandisk Eyes $8.3 Billion Q4 Revenue as AI Demand Lifts Enterprise SSDs
3 articles · Updated · Yahoo Finance · Aug 3
Summary
$8.3 billion in fourth-quarter fiscal 2026 revenue is the consensus target for Sandisk ahead of its Aug. 5 report, implying 336.6% growth from a year earlier.
$30 to $33 a share is Sandisk's non-GAAP earnings guide, while Wall Street expects $34.24, up 2.8% in the past 30 days after the company beat estimates in each of the last four quarters.
Data center demand is driving the outlook as hyperscalers expand AI infrastructure, lifting enterprise SSD shipments, improving product mix and supporting NAND pricing.
Edge markets should add support, with premium smartphones and AI PCs requiring more storage and helping demand across PCs, automotive and IoT.
411.7% year-to-date, Sandisk shares have far outpaced the tech sector's 11.7% gain and topped storage peers including Western Digital, Seagate and Micron.