Sandisk Corporation
Shortcut
47.77Normalized diluted EPS
+2.9% vs Street
Street
46.41Normalized diluted EPS
October 25 consensus snapshot
Real
49.51Sandisk issuer non-GAAP diluted EPS, pre-split
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Guidance (Aug 5): revenue $10.3-10.8bn, non-GAAP GM 83-85%, opex $520-540m, 15% tax, ~155m shares, EPS $44-46; consensus $46.41 already sits just above the top end.
Sandisk beat the top of its revenue and EPS guidance in each of the last five quarters (EPS by 19-82% over the top end), so the guide is treated as conservative but the NBM contracts (>50% of FY27 bits, ~80% GM floors) damp the upside.
Peers/industry for the overlapping period: Micron Jun-Aug NAND revenue +42% Q/Q with prices ~+30%; CQ3 NAND ASPs est. +18-20% at Samsung/SK hynix; enterprise SSD contracts +20-25% in 3Q26 but moderating; Kioxia guided Jul-Sep below estimates.
On the record.
- Reporting period
- Q1 FY2027 (FQ1 2027 - Sep 2026; issuer quarter ending 2026-10-02)
- Reporting basis
- consensus data-normalized diluted EPS
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 6:23 AM PDT
- Reviewed revision completed
- Oct 26, 2026 at 6:23 AM PDT
- First published
- Oct 26, 2026 at 11:01 AM PDT
Result basis
The issuer reports fiscalQ12027 non-GAAP diluted EPS 49.51 and GAAP 52.60 for the quarter endedOctober 2. The newly announced 8-for -1 split is effectiveNovember 19,2026, so these actuals and the original 47.77252029267697 forecast/frozen 46.41 Street remain on the original PRE-SPLIT basis. No division by 8 is applied. The corresponding prior-year fiscal-quarter issuer adjusted comparative 1.22 matches the frozen normalized history. This does not certify exhaustive item-level vendor equivalence.