Post

As mentioned earlier, why did SanDisk drop? $SNDK It's not due to poor performance, but because market expectations were too high. Q4 revenue and EPS both exceeded expectations, and the data center performance was also strong. However, the upper limit of next quarter's revenue guidance is still slightly below market consensus, and the median gross margin has fallen from 84.6% to 84%. Growth is still there, but marginal surprises have decreased. More importantly, this quarter's growth mainly came from price increases, while the FY27 sellable bit growth rate is only projected to be in the mid-double digits. The market's real concern is not the lack of orders right now, but how long NAND price #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck