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SanDisk Looks Overvalued, Stock Set for 32% Drop

Summary by 247wallst.com
The post SanDisk Looks Overvalued, Stock Set for 32% Drop appeared first on 24/7 Wall St.. Quick Read SanDisk (SNDK) surged 3,006% over the past year driven by an AI-driven NAND supercycle, with Q2 EPS beating estimates by 75% at $6.20 and Q3 revenue guidance of $4.40B-$4.80B signaling continued momentum despite current valuation of $1,002.35 per share. SanDisk’s extraordinary rally has priced in spectacular fundamentals before Q3 earnings re…

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SanDisk Looks Overvalued, Stock Set for 32% Drop

The post SanDisk Looks Overvalued, Stock Set for 32% Drop appeared first on 24/7 Wall St.. Quick Read SanDisk (SNDK) surged 3,006% over the past year driven by an AI-driven NAND supercycle, with Q2 EPS beating estimates by 75% at $6.20 and Q3 revenue guidance of $4.40B-$4.80B signaling continued momentum despite current valuation of $1,002.35 per share. SanDisk’s extraordinary rally has priced in spectacular fundamentals before Q3 earnings re…

·New York, United States
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247wallst.com broke the news in New York, United States on Wednesday, April 29, 2026.
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