StocksMedium•29 September 2026•
1 min read
Sandisk Forecasts Record Revenue and Launches $14 Billion Share Buyback Program
Key Facts
1Sandisk projects Q1 2027 revenue between $10.30 billion and $10.80 billion.
2The company added a $14 billion buyback program despite a 620% year-to-date rally.
3The company is benefiting from memory chip shortages and its dominance in AI infrastructure.
Sandisk projects Q1 2027 revenue between $10.30 billion and $10.80 billion, Seeking Alpha reported. The company added a new $14 billion share buyback program as it continues to benefit from memory chip shortages and its dominance in AI infrastructure.
SNDK closed at $1712.89 on September 28, 2026, having reached a day high of $1762 and a low of $1659.02. The strong forward guidance and massive capital return program come despite the stock already rallying 620% year-to-date.