Earnings
Home›Earnings›Previews›SanDisk shares long-term model after explosive stock s…
SanDisk shares long-term model after explosive stock surge
The company outlined a fiscal 2028 to 2030 plan targeting about a 50% adjusted free cash flow margin and committing to return 100% of excess cash to shareholders.
SanDisk shares jumped sharply after the company presented a long-term financial model, following an Investor Day update that came on the heels of very strong recent performance. According to Yahoo Finance, the stock rose 13.7% in a single session to $1,528.11 on Aug. 13.
The company said its long-term financial model spans fiscal years 2028 through 2030, with adjusted free cash flow margin expected to be approximately 50% after taxes, capital expenditures, and working capital. SanDisk also set out a shareholder return commitment, expecting to return 100% of excess cash to shareholders after investing in the business.
SanDisk tied the outlook to its operating performance, pointing to earlier multi-year metrics and customer relationships. Yahoo Finance also noted that the model was delivered alongside SanDisk's Aug. 5 fiscal 2026 results.
In those results, SanDisk reported full-year fiscal 2026 revenue of $20.25 billion, up 175% year over year from $7.35 billion in fiscal 2025. For Q1 fiscal 2027, the company guided revenue of $10.30 billion to $10.80 billion, with non-GAAP gross margin of 83.0% to 85.0% and non-GAAP diluted EPS of $44.00 to $46.00, according to the Yahoo Finance write-up.