It sometimes can be difficult to justify why a stock is capable of a major move higher—particularly when shares are up more than 500% so far this year. But that’s where we are with SanDisk (SNDK), which is getting a lot of attention from analysts after the company unveiled its long-term financial model.
SanDisk’s financial outlook, which spans from 2028 to 2030, shows that the company expects revenue to grow in the mid-to-high teens, with adjusted gross margins of around 80% and adjusted operating margins of 75%.
