Sandisk Earnings Spark Mixed Reactions Among Wall Street Analysts

Sandisk delivered a solid finish to its fiscal year, reporting fourth quarter revenue of 8.97 billion dollars. This represents a 51 percent increase over the previous quarter. The company saw massive growth in its datacenter division, which surged 437 percent for the full fiscal year. With gross margins reaching 84.6 percent and a new 14 billion dollar share buyback program approved, the firm remains focused on building durable cash flow.

Despite these strong headline numbers, the company provided guidance for the first quarter of fiscal 2027 that failed to meet the most optimistic market forecasts. This disconnect between strong historical performance and conservative future revenue targets created a split response from major financial institutions.

Goldman Sachs chose to keep its buy rating and 2,200 dollar price target unchanged. Analysts there noted that while revenue guidance fell short, earnings guidance remained in line with expectations. They suggested that high investor anticipation leading up to the report likely contributed to the current market hesitation.

Mizuho took a more cautious approach, lowering its price target from 2,200 dollars to 1,900 dollars while maintaining a buy rating. Investors are now watching how the company manages long term customer agreements and its share repurchase pace to see if these factors can steady the stock in the coming sessions.