SanDisk outlines FY28-FY30 targets: mid-to-high teens revenue growth, ~80% gross margin

SanDisk at its investor day committed to mid-to-high teens volume growth, highlighted capital efficiency in NAND, and estimated flash market could expand to $300B+ in 2026 and $500B in 2027. FY28-FY30 targets include ~80% non-GAAP gross margin, ~50% adjusted FCF margin, and returning 100% of excess cash to shareholders.