SanDisk Stock Slips As Analysts Sound Alarm On Weak Margin Outlook Despite Strong Quarter

1. SNDK shares dipped despite strong Q2 performance and revenue guidance. 2. Analysts raised price targets but warned of lower gross margin forecasts. 3. Q3 revenue forecast beats estimates but margins are projected to decline. 4. SanDisk's market is seen as undersupplied, with potential for margin expansion. 5. Progress in enterprise SSDs and new products may drive future growth.