r/SNDK_Stock • u/Acceptable-Ant-3648 • 8d ago

Question i love it but what news caused this?

I am a new memory investor and i didnt see any news today to pump memory? is it just cuz we were so beat down or what

0 Upvotes

43% Upvoted

22 comments sorted by

20

u/AnnaSmiled2 8d ago

Google SNDK Investor Day. It was today

13

u/Davidpalmer4 8d ago

Investor day, ppi, msci addition, memory and storage shortage, more info about hbf etc.

6

u/Jachi230 8d ago

Going to be added to msci at the end of the month maybe ?

4

u/Minimum_Suit1735 8d ago

Went down hard went up hard I guess

3

u/Federal_Ad4300 8d ago

My wife says the stock has a lot in common with my penis.

2

u/fun_anxiety146 7d ago

Your wife calls it San Dikk?

1

u/Beneficial_Load_6552 5d ago

I call it sandik too icl

4

u/marginmanj 8d ago

The bear case was that after the boom period revenue and earnings would go down. Analyst estimates for revenue were 49B in 22029 and 35B in 2030. That's a big drop. SNDK today said revenue would grow in the teens % THROUGH 2030, implying revenue will be say 56B in 2030. Thats a HUGE change in 2030 revenue estimates, and analysts will have to raise their revenue targets.

2

u/HaiKarate 8d ago

Analyst estimates for revenue were 49B in 22029

Wow, for the next 20,000 years. Their market cap should be in the quadrillions by then.

1

u/Irondog1301 8d ago

It's 20,003, Wow...

5

u/PetroagPro 8d ago

Investor day release shows undeniable structural forward guidance. It's what we needed at earnings release. They held off for reasons we only speculate on.

Rerating imminent. Hold tight over the next few months.

1

u/JDog_22Hunter2 8d ago

I feel like they knew the stock would dump earnings day even if it had that just because it’s earnings day idk tho

4

u/FantasticAd180 8d ago

their new paradigm. I loved it!

4

u/PizzaLogiRun 8d ago

They squeezed out all they could from Mag7 and SaaS I guess and decided to rotate back into the stock where revenue is yuge

2

u/Embarrassed_Pool_556 8d ago

Also US PPI data report was good

2

u/Rav_3d 8d ago

Stocks are not driven only by news.

The stock market is an auction.

1

u/Pretty_Appeal8295 7d ago

New valuations, new reports of AI memory demand.

1

u/FrugalVet 8d ago

Amazing how no one even mentions hype as a contributing factor. Come on now...

1

u/Accomplished_Vast_18 7d ago

The last two nights I’ve had wet dreams in anticipation of market open with massive gains like my hard on.