Wall Street Punishes Sandisk's Outlook: What Investors Are Missing

Sandisk stock fell 47% from June highs despite strong fiscal Q4 earnings with 372% revenue growth, as Q1 guidance slightly missed analyst expectations. The company is prioritizing long-term visibility by signing eight long-term contracts worth $93.9 billion in revenue, trading near-term gains for sustained growth. With a forward P/E of 5.6x and four years of visibility, the analyst views this as an attractive entry point for the AI-driven memory chip maker.