#SandiskBeatAndBuyback

Strong Earnings, Massive Buyback—Why Are $xSNDK, $MU, and $xSKHYNIX Still Weak? SanDisk has delivered one of the strongest earnings reports of the year, beating Wall Street expectations on both revenue and profit while announcing a massive $6 billion share repurchase program. The company also strengthened its long-term outlook with multi-year supply agreements, reinforcing confidence that AI-driven storage demand remains robust. Yet the market reaction tells a different story. Despite these bullish catalysts, $xSNDK continues to trade under pressure, with $MU and $xSKHYNIX also losing momentum. The weakness is not driven by deteriorating fundamentals—it reflects a market that had already priced in near-perfect execution after the sector's powerful rally. Investors are increasingly locking in profits after strong earnings, while concerns over a potential moderation in NAND pricing and rich valuations have limited buying interest. At the same time, capital is rotating into other AI-related opportunities, leaving memory stocks temporarily lagging despite healthy business conditions. This highlights an important shift in today's market: beating expectations is no longer enough. Investors now demand accelerating growth and stronger forward guidance to justify premium valuations. Although short-term volatility may persist, the long-term investment case remains intact. AI infrastructure, hyperscale data centers, and enterprise storage demand continue to expand, providing structural support for the memory industry. For now, $xSNDK, $MU, and $xSKHYNIX may remain under pressure, but if AI demand continues to grow and memory pricing stabilizes, this sector could once again emerge as one of the market's strongest performers. #SandiskBeatAndBuyback #KoreaMemoryRebound #CircleArcLaunch $XSNDK $XSKHY

Sandisk beat the quarter. The market still wanted more. Fiscal Q4 revenue reached $8.97B, up 51% sequentially and 372% YoY, while non-GAAP EPS came in at $39.25. The board also approved another $14B share repurchase program, taking the remaining authorization to $15.5B. The details show how sharp, and uneven, the current flash cycle has become: · About two-thirds of sequential revenue growth came from higher pricing, versus one-third from volume · Datacenter revenue doubled quarter over quarter to $2.98B · Consumer revenue fell 32% over the same period · Q4 gross margin reached 84.6% But expectations have moved even faster. Sandisk guided fiscal Q1 revenue to $10.3B-$10.8B and non-GAAP EPS to $44-$46. Shares traded lower after hours as investors focused on guidance that did not clear elevated expectations. Still, its 83%-85% non-GAAP gross-margin outlook suggests management expects margins to remain elevated. The expanded buyback is notable alongside strong cash generation. Q4 free cash flow reached $7.08B, or $5.04B after adjusting for Flash Ventures activity and payments tied to its new business model agreements. Sandisk signed five more NBM agreements since April, including three with new customers, bringing the total to 10. Those agreements may improve demand visibility beyond the current pricing cycle. There is a longer-term AI angle too. Sandisk and SK hynix released the first open High Bandwidth Flash specification through the Open Compute Project, targeting up to 512GB per package and bandwidth of up to 3TB/s for AI inference. That leaves two stories in the same report. AI storage demand is accelerating, but much of the near-term upside still comes from NAND pricing. Investor Day on Aug 13 is the next opportunity for management to explain whether HBF and contracted demand can support more durable growth. Do you see a lasting AI storage cycle here, or are expectations already running ahead of the fundamentals? #SandiskBeatAndBuyback #EarningsRealityCheck

Memory Stocks Under Pressure: Why Are $XSNDK and $xSKHYNIX Selling Off? Today's weakness across memory stocks reflects more than simple profit-taking. $xSNDK is down roughly 12% after investors reacted negatively to the company's forward guidance. While quarterly results exceeded expectations, management's outlook for the coming quarter fell short of the market's elevated forecasts, triggering a classic "good earnings, weak guidance" sell-off. At the same time, $xSKHYNIX has fallen around 5% as investors continue reducing exposure to AI memory leaders following an exceptional rally. Concerns are growing that valuations have become stretched, leading institutional investors to lock in profits across the semiconductor sector. Adding further pressure, the broader memory industry is facing fresh uncertainty as Chinese memory manufacturers continue expanding capacity, raising fears of stronger long-term competition in both DRAM and NAND markets. The combination of softer-than-expected guidance, sector-wide profit-taking, and competitive concerns has created a risk-off environment for memory names despite the AI investment cycle remaining intact. While the long-term AI infrastructure story has not fundamentally changed, today's price action shows that investors are demanding continued earnings upgrades—not just strong current results—to justify premium valuations. #SpaceXBeatEstimates #SP500Hits7700 #AMDBeatsButDrops $XSNDK $XSKHY #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck

#SandiskBeatAndBuyback Sandisk beat expectations, announced another $14B buyback… and still fell after hours 😅 Q4 revenue hit $8.97B with adjusted EPS of $39.25, but softer Q1 guidance spoiled the party. Classic market behavior: yesterday’s beat matters less than tomorrow’s outlook 📉 AI storage demand clearly isn’t the problem anymore. Now it’s all about whether NAND pricing and high-bandwidth flash demand can justify the valuation. Big buyback, cautious guidance — which signal are you trusting more? 👀

Sandisk beat the quarter. The market still wanted more. Fiscal Q4 revenue reached $8.97B, up 51% sequentially and 372% YoY, while non-GAAP EPS came in at $39.25. The board also approved another $14B share repurchase program, taking the remaining authorization to $15.5B. The details show how sharp, and uneven, the current flash cycle has become: · About two-thirds of sequential revenue growth came from higher pricing, versus one-third from volume · Datacenter revenue doubled quarter over quarter to $2.98B · Consumer revenue fell 32% over the same period · Q4 gross margin reached 84.6% But expectations have moved even faster. Sandisk guided fiscal Q1 revenue to $10.3B-$10.8B and non-GAAP EPS to $44-$46. Shares traded lower after hours as investors focused on guidance that did not clear elevated expectations. Still, its 83%-85% non-GAAP gross-margin outlook suggests management expects margins to remain elevated. The expanded buyback is notable alongside strong cash generation. Q4 free cash flow reached $7.08B, or $5.04B after adjusting for Flash Ventures activity and payments tied to its new business model agreements. Sandisk signed five more NBM agreements since April, including three with new customers, bringing the total to 10. Those agreements may improve demand visibility beyond the current pricing cycle. There is a longer-term AI angle too. Sandisk and SK hynix released the first open High Bandwidth Flash specification through the Open Compute Project, targeting up to 512GB per package and bandwidth of up to 3TB/s for AI inference. That leaves two stories in the same report. AI storage demand is accelerating, but much of the near-term upside still comes from NAND pricing. Investor Day on Aug 13 is the next opportunity for management to explain whether HBF and contracted demand can support more durable growth. Do you see a lasting AI storage cycle here, or are expectations already running ahead of the fundamentals? #SandiskBeatAndBuyback #EarningsRealityCheck #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck

#SandiskBeatAndBuyback Sandisk delivered an impressive fiscal Q4, reporting $8.97 billion in revenue and adjusted earnings of $39.25 per share. Both figures exceeded expectations. The company also approved another $14 billion in share repurchases, bringing its remaining authorization to approximately $15.5 billion. However, the stock initially fell because the midpoint of Sandisk’s next-quarter revenue guidance was below consensus. This reaction shows how much optimism around AI storage, NAND pricing, and high-bandwidth flash was already reflected in the valuation. Strong results may support the long-term story, but future gains will depend on whether pricing power and AI-related demand can remain strong enough to justify elevated expectations.

#SandiskBeatAndBuyback Sandisk beat expectations, announced another $14B buyback… and still fell after hours 😅 Q4 revenue hit $8.97B with adjusted EPS of $39.25, but softer Q1 guidance spoiled the party. Classic market behavior: yesterday’s beat matters less than tomorrow’s outlook 📉 AI storage demand clearly isn’t the problem anymore. Now it’s all about whether NAND pricing and high-bandwidth flash demand can justify the valuation. Big buyback, cautious guidance — which signal are you trusting more? 👀#SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck

#闪迪财报前夕，HBF与存储紧缺引发热议 $SNDK This SanDisk grid trade has been running for most of the day, entered at 1391, now at 1465, with a floating profit of 17%. The grid has been triggered 509 times. I plan to stop it by 11 PM. SanDisk's earnings report comes out early tomorrow morning; holding the position now is essentially betting on the direction. Grid trades are suitable for sideways markets, not for betting on a one-sided move. It's better to take profits before the earnings and decide again once the direction is clear. Lately, the market is very familiar with the "beat expectations but price drops" scenario—$AMD and SpaceX are precedents. If SanDisk's earnings explode but the price drops after hours, the grid will be directly broken below the lower bound. If earnings miss expectations, a sharp drop is inevitable. In either case, holding a grid through earnings is not a good choice. #EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops

#SanDisk SNDK Earnings Shock: Explosive Performance, Stock Price Drops as a Courtesy# Q4 revenue of 8.97 billion (up 372% YoY), non-GAAP EPS of $39.25, gross margin 84.6%—this quarterly report is a money-printing machine level in any industry. But on August 5, regular session closed down 5.4% at $1350.5, after-hours dropped another 5.87%~8%, once falling below 1272. The reason is simple: next quarter guidance didn’t "exceed expectations." FY2027 Q1 revenue guidance is 10.3-10.8 billion (midpoint 10.55 billion), below the sell-side expectation of 11.16 billion; EPS guidance midpoint of 45 is also slightly weaker. The market had previously priced in all the optimism for AI storage—volatility was 25% from late July to August 5, with a big 10.84% surge on August 4, loosening the chips heavily. Now, a new $14 billion buyback (remaining authorization $15.5 billion) supports the floor, and institutions’ 12-month average price target still stands at $2217 (+64%). #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck

SANDISK POSTED Q4 REVENUE OF $8,965 MLN, ABOVE THE IBES ESTIMATE OF $8,394 MLN, WITH ADJUSTED EPS OF $39.25 VERSUS $34.5 EXPECTED, EPS OF $43.97, ADJUSTED OPERATING INCOME OF $7,104 MLN VERSUS $6,227 MLN, ADJUSTED NET INCOME OF $6,162 MLN VERSUS $5,327 MLN AND AN ADJUSTED GROSS MARGIN OF 84.6%. ...#EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops