1543 ET - Sandisk is likely to be able to exceed its 2Q guidance given strong pricing trends for memory technology, but the company's shift toward long-term supply agreements raises questions about whether it's taking full advantage ofpricing opportunities, Wedbush analysts write in a note. "Ultimately how one feels about the value of and ultimate sustainability of the new LTAs, vs. Sandisk's seemingly lost opportunity to push higher pricing right now, is going to dictate how one feels about SNDK's results," they write. "We aren't yet sure how this new set of LTAs will play out and likely will have to better understand the mechanics (details from our checks to date have been relatively sparse) to have a stronger opinion." Sandisk is up 5.1%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

May 01, 2026 15:43 ET (19:43 GMT)

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