◆ NeutralSNDK
Why Sandisk Stock Plunged Today
The Motley Fool·
SanDisk reported Q1 2027 earnings that significantly beat analyst expectations, with revenue surging 378% year-over-year to $11 billion and adjusted EPS reaching $49.51. Despite the stellar results driven by AI-related demand in data centers and edge computing, the stock plunged 9.6% as investors worry about the sustainability of such rapid growth. The company also announced an 8-for-1 stock split and raised Q2 guidance.
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