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Jai Hamid

Sandisk soars 1,600% since February 2025 IPO; projects Q3 EPS of $12–$14

Sandisk guided third‑quarter earnings to $12–$14 per share, far above a $4.95 expectation, sending the stock up as much as 25% on Friday before easing. Since its February 2025 IPO, shares have surged more than 1,600%, with analysts lifting targets on AI‑driven NAND demand as the stock trades around 15x expected earnings.
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