SanDisk Unveils Long-Term Growth Strategy at Investor Day; Shares Rise 12%

1. 1SanDisk (SNDK) shares rose 12% after unveiling its long-term growth strategy at its 2026 Investor Day.
2. 2The company set targets of mid-to-high teens revenue growth for 2028–2030, a non-GAAP gross margin of roughly 80%, and an adjusted free cash flow margin of about 50%.
3. 3The unveiling helped ease investor concerns that had driven selling pressure following the previous week's earnings report.

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