SK hynix’s record earnings strengthen the bullish case for $SanDisk (SNDK), but NAND pricing and enterprise SSD demand will determine whether the rally continues.
SanDisk’s guidance already targets $10.3–$10.8 billion in revenue and $44–$46 in adjusted EPS. With expectations elevated, simply beating estimates may not be enough.
AI data centers need more storage, creating growth opportunities. If management signals sustained pricing power and stronger demand, further gains are possible. Investors should also watch gross margins and inventory trends for evidence that pricing power is translating into sustainable profits.
However, memory stocks are cyclical. Even strong results could trigger profit-taking if guidance disappoints.
My verdict: B is my base case. Fundamentals remain strong, but forward guidance—not headline earnings—will determine the next move.
@Tiger_Earnings [财迷]
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