**Sandisk (SNDK) Reports Q1 Earnings Beat and Positive Outlook**
Sandisk, which relisted on Nasdaq in 2025 after being spun off from Western Digital, reported a strong first quarter on October 10, 2025. The company posted earnings per share (EPS) of $3.40, exceeding expectations by 37%. Revenue reached $2.38 billion, surpassing the $2.12 billion forecast, while gross margins improved to 29.8%. Sandisk also achieved net cash positive status, with $1.44 billion in cash against $1.35 billion in debt.
For the second quarter, Sandisk projects an EPS between $3.00 and $3.40, and revenue of $2.55 to $2.65 billion, both above analysts’ expectations. The tight supply-demand scenario is expected to persist through 2026 and into 2027, driving demand across various sectors, including data centers and mobile devices. Estimates for the current year have risen from $6.31 to $12.59, reflecting a 99% increase, highlighting strong market confidence in Sandisk’s growth potential.
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