{
  "id": 17570688,
  "title": "Should You Buy Sandisk Stock at About 5 Times Its Guided Earnings?",
  "url": "https://urgent.news/2026/11/01/should-you-buy-sandisk-stock-at-about-5-times-its-guided-earnings",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T09:17:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/01/should-you-buy-sandisk-stock-at-about-5-times-its-guided-earnings/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Sandisk, a flash memory specialist, reported a 23% increase in revenue to $11.0 billion for the period ending Oct. 2, 2026. The company announced an eight-for-one stock split, which will bring shares to about $166 each. After a 13% drop on Oct. 30, Sandisk's stock is now about 51% under its 52-week high. CFO Luis Visoso guided for adjusted earnings per share between $55 and $57 after the split. Sandisk's stock split is aimed at making shares more accessible, including to employees. Revenue grew 378% year over year in fiscal Q1, with data center revenue increasing 61% sequentially. Pricing drove around 40% of Sandisk's sequential growth, while higher prices added about $800 million to revenue in fiscal Q4. Management forecasts a 12% sequential growth in fiscal second-quarter revenue of $12.2 billion to $12.6 billion. Sandisk currently trades at about 5 times its annualized guided earnings, reflecting a slowdown in pricing. The company has committed around half of its storage capacity under multiyear customer deals.",
  "summary": "Does the memory chipmaker's stock price already assume its massive profits won't last?",
  "key_points": [
    "Sandisk reported 23% revenue increase to $11.0 billion for Oct. 2, 2026 period",
    "Company announced eight-for-one stock split, shares now about $166 each",
    "Stock trades at 5 times guided earnings, reflecting pricing slowdown"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Should You Buy Sandisk Stock at About 5 Times Its Guided Earnings?",
        "url": "https://urgent.news/2026/11/01/should-you-buy-sandisk-stock-at-about-5-times-its-guided-earnings-17578509",
        "published": "2026-11-01T09:37:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}