{"id":436184,"date":"2026-08-13T23:40:14","date_gmt":"2026-08-13T16:40:14","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/sandisk-surges-as-investor-day-impresses-wall-street-436184\/"},"modified":"2026-08-13T23:40:14","modified_gmt":"2026-08-13T16:40:14","slug":"sandisk-surges-as-investor-day-impresses-wall-street","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/sandisk-surges-as-investor-day-impresses-wall-street-436184\/","title":{"rendered":"Sandisk surges as Investor Day impresses Wall Street"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p class=\"PDq2pG_selectionAnchorContainer\">Sandisk is having it&#8217;s investor day and the traders are liking what they hear.\u00a0 The company has used its 2026 Investor Day to highlight its long-term growth opportunity from AI and, more importantly for investors, lay out an aggressive financial framework for FY2028 through FY2030.<\/p>\n<p>On the product side, Sandisk expects AI inference to significantly increase demand for flash storage in data centers, with the &#8220;enterprise data-center flash market potentially reaching 1.2 zettabytes by 2030&#8221;. The company is &#8220;developing higher-density NAND and High Bandwidth Flash (HBF) technology to capture that growth&#8221;. Sandisk is also moving toward longer-term customer agreements designed to provide greater revenue visibility and reduce the traditional volatility of the NAND business. <\/p>\n<p>Those agreements already cover about 50% of expected FY2027 bits and roughly two-thirds of FY2028 bits.<\/p>\n<p>For the stock, the financial targets are the key takeaway. For FY2028-FY2030, Sandisk expects:<\/p>\n<ul>\n<li>Mid-to-high teens revenue growth<\/li>\n<li>~80% non-GAAP gross margins (high)<\/li>\n<li>~75% non-GAAP operating margins<\/li>\n<li>\nOperating expenses of approximately 5% of revenue (low)<\/li>\n<li>~50% adjusted free-cash-flow margins<\/li>\n<li>100% of excess cash returned to shareholders after funding investment in the business\n<\/li>\n<\/ul>\n<p>The financial outlook is particularly bullish if Sandisk can deliver it. The combination of mid-to-high teens growth, 75% operating margins and 50% free-cash-flow margins would represent an exceptionally profitable model, while the commitment to return excess cash provides an additional potential catalyst for shareholders.<\/p>\n<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">Looking at the chart, the stock is up around 15% on the day, after trading in a wide range between $1,331.58 and $1,580.00.<\/p>\n<p>From a technical perspective, the most important development is the move back above the 100-day moving average at $1,389.04. Staying above that moving average is paramount for the buyers. Since July 24, the price has moved below the 100-day moving average on three separate occasions, and each break led to increased downside momentum. With the price now back above the level, buyers have regained more control, but they will not want to see the stock slip back below it.<\/p>\n<p>For closer risk, traders can look toward the 200-hour moving average at $1,460.14. Staying above that level would keep the short-term technical bias tilted more firmly in favor of the buyers.<\/p>\n<p>On the topside, the next major target comes near $1,679.08, which represents the 50% retracement of the decline from the June 22 all-time high. That level is also near swing highs going back to July 23, increasing its technical importance. A move above \u2014 and importantly, the ability to stay above \u2014 $1,679.08 would be another bullish technical development and open the door for further upside momentum.<\/p>\n<p>So, the technical roadmap is becoming clearer: $1,460.14 is close risk, $1,389.04 is the key longer-term support, and $1,679.08 is the next major upside target.<\/p>\n<p>In the video above, I take a closer look at the technical levels driving today&#8217;s sharp move and outline the key risks and targets traders should be watching going forward.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sandisk is having it&#8217;s investor day and the traders are liking what they hear.\u00a0 The company has used its 2026 Investor Day to highlight its long-term growth opportunity from AI and, more&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436184","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436184"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436184\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}