SanDisk CEO reveals what’s next after explosive 3,150% stock rally

SanDisk presented an extended financial projection spanning fiscal years 2028 through 2030 at an Investor Day event on August 13, detailing targets for profitability and capital allocation. The company projects annual revenue growth in the mid-to-high teens range, with adjusted gross margins estimated at approximately 80% and adjusted operating margins near 75%. Operating expenses are targeted at roughly 5% of revenue, while adjusted free cash flow margin is expected to reach approximately 50%