#股票交易分享挑战 Sandisk issues long-term guidance, targeting an 80% gross margin; share price rises 17.6%

On Thursday, August 13, Sandisk announced its FY2028–FY2030 long-term financial guidance at its 2026 Investor Day, projecting mid-to-high double-digit revenue growth, a non-GAAP gross margin of approximately 80%, an operating margin of approximately 75%, and an adjusted free cash flow margin of approximately 50%. The company committed to returning 100% of its remaining cash to shareholders after funding investments in growth, driving its share price up 17.6% during intraday trading and nearly 14% at the close.
This positive outlook spread across the entire memory industry, with SK Hynix, Western Digital, Seagate, and Micron all rising more than 4%.
The guidance reflects a strategic shift by the company: from maximizing NAND bit shipments to prioritizing profitability and capital efficiency. Sandisk will dynamically adjust the number of salable bits to optimize margins and control supply, avoiding oversupply caused by technology-node transitions.
To support this outlook, the company has signed new business model (NBM) agreements with 8 customers, covering approximately 50% of FY2027 bit shipments and about two-thirds of FY2028 bit shipments; each agreement includes commitments, a binding contractual framework, and multi-year terms exceeding four years.
Continued growth in AI inference demand is driving data centers to rely more heavily on storage and increasing demand for KV Cache, supporting the company’s long-term growth strategy.$SNDK ‌