NVIDIA Corporation (NVDA) reported revenues of $81.6 billion for the fiscal first quarter of 2027, marking an 85% year-over-year increase and a 20% increase sequentially. Its data center revenues reached a record $75.2 billion, up 92% year over year. For the fiscal second quarter of 2027, NVIDIA projects revenues of approximately $91 billion and maintains a non-GAAP gross margin of around 75%.
Sandisk Corporation (SNDK) also saw significant growth, with revenues of $5.95 billion for the fiscal third quarter of 2026, a 97% increase from the previous quarter. Looking ahead, the company expects revenues between $7.75 billion to $8.25 billion for the fiscal fourth quarter and projects non-GAAP earnings per share to increase from $23.41 to a range of $30 to $33.
While Sandisk shares have surged by 457.4% this year, the average price target for SNDK stands at $2,389.42, indicating a potential 135.2% upside. In comparison, NVIDIA’s average price target is $305.85, representing a 61% upside from its last closing price of $190.01.
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