SanDisk Shares Rise on Big Money Buys: A Fundamental Analysis

SanDisk Corp (SNDK) reported a 61% YoY gain in revenue to $3 bln in Q2 FY26, with non-GAAP EPS of $6.20 and quarterly guidance of up to $14. The stock has risen 203% so far this year, driven by Big Money investor demand, which is expected to continue. Institutional volumes reveal strong investor support, and SNDK's fundamentals, including a 10.4% sales growth rate and a debt/EBITDA ratio of 0.6, are also positive. EPS is estimated to ramp higher this year by 118.9%.