u/Impressive_Wolf689

Sending positives vibes to all the SNDK shareholders.

The flash memory market will remain "undersupplied for a long period of time," Sandisk CEO David Goeckeler told investors Wednesday, creating an opening for the memory maker to transform its business.

With memory becoming a crucial component in the artificial-intelligence boom, Sandisk is moving to multi-year agreements that give both the company and its buyers clearer picture of future orders and expenses. That model should help stabilize what was once a highly cyclical industry, Goeckeler argued at a J.P. Morgan conference.

Sandisk stock was up 0.8% to $1,394.51 on Wednesday.

Shares have surged almost 500% this year and are up roughly 3,500% over the last 12 months, raising the question of when the stock will peak. Past memory booms have resulted in oversupply and then deep downturns. That cyclicality was "really corrosive to our business," Goeckeler said.

Suppliers like Sandisk want to plan and operate fabrication plants at high capacity over a long time horizon. Customers, meanwhile, have typically wanted to buy only the chips they needed for a given quarter.

"You build a huge asset, you turn it on and the idea is you don't want to turn it off. It's very expensive to turn it off," Goeckeler explained. "That's not necessarily our customers' business model. They don't really think about, 'hey, how do I consume on a very predictable basis?' "

AI is changing that. Large customers want a dependable supply years in advance, and price is a secondary concern given supply constraints. Sandisk has signed five long-term new-business-model agreements as of the past quarter and is in active talks with other clients. It sees the supply-demand imbalance continuing at least through the end of 2027.

"Most cases, our customers are approaching us and the single first thing they say is, 'how can you ensure there will be supply?' It's not a price, " said Luis Felipe Visoso, the company's chief financial officer.

These longer-term agreements include guarantees that get Sandisk paid even if a customer decides to walk away from the deal. Combined with a stronger balance sheet, the protections limit the downside for the company and its shareholders.

"We want to get rid of the cyclicality or at least dampen the cyclicality," Goeckeler said. "Or at least when the cyclicality comes, have different techniques to deal with it than we have in the past."

Growing confidence from investors that downturns won't be as painful as they used to be could boost Sandisk shares even further. Remarkably, while the stock has surged 3,500% in a year, it trades at 8.5 times projected 12-month earnings -- the same multiple as a year ago.

Can't believe it could not hold up 160..

Sandisk stock can continue its historic run as memory shortages persist and share buybacks pick up, according to Citi Research.

The firm reiterated a Buy rating on the the flash memory supplier and boosted its price target to $2,025 from $1,300 in a research note Tuesday. That would represent 52% growth from Sandisk’s closing price Monday of $1,333.01.

Sandisk has soared an astounding 3,218% over the last 12 months as its solid-state drives, or eSSDs, have become a crucial component in artificial-intelligence data centers.

“We remain constructive on a highly favorable [supply-demand] environment with clear indications of persistence with customer demand conversations through [2030],” wrote Citi analyst Asiya Merchant.

A strong earnings report last week from Japanese competitor Kioxia Holdings reinforced that view. Kioxia reported a roughly 85% quarter-over-quarter jump in revenue and guided for 75% sequential growth in the current period. The results beat Wall Street’s estimates, Citi noted.

Buybacks are another factor working in shareholders’ favor. Sandisk announced a $6 billion share repurchase authorization last quarter, representing around 3% of its current market capitalization. Citi expects that number to rise given the company’s growing free cash flow.

For every 1% reduction in share count, Citi estimates a $2 jump in earnings per share. Buybacks aren’t currently factored into its model. In other words, that $2,025 price target may not be telling the full story.

Even with Sandisk’s astronomical rise over the last year, most analysts agree with Citi. Of the 26 firms polled by FactSet, 20 rate the stock a Buy and just 1 rates it a Sell. Citi is the fifth firm to assign a price target of $2,000 or higher.

Sandisk rose 4.2% to $1,388.66 Tuesday even as the broader stock market retreated. Fellow memory player Micron Technology rose 5.8%. Data-storage duo Seagate Technology and Western Digital—the latter is Sandisk’s former parent company—slipped 0.7% and 0.2%, respectively.

https://ssl4.eir-parts.net/doc/285A/ir_material_for_fiscal_ym4/203905/00.pdf

Kioxia Holdings just reported record earnings of ¥596.8 billion for the quarter ending March 2026, beating market estimates. Alongside these results, the company announced its intention to list its shares in the United States via American depositary shares to further capitalize on its massive AI-driven valuation surge. 

Key Highlights from the Report

• Record Profit: Posted an all-time high profit of ¥596.8 billion for the March quarter.
• US Listing Plans: Confirmed preparation for a US initial public offering (IPO) via American depositary shares.
• Next Quarter Outlook: Issued a highly optimistic forecast, expecting operating profits to hit ¥1.3 trillion ($8.2 billion) for the quarter ending June 2026, surpassing consensus analyst predictions.
• Primary Drivers: Extreme supply shortages and historic price highs for flash memory components, driven entirely by rapid global artificial intelligence infrastructure demand.

u/spez if not now then when?

Please please please stay above 160 and open with a gap 170+ tomorrow.