Kioxia is expected to report Q2 2026 revenue of $11.36 billion and an EPS of 15.96, while its current stock price of $328.00 trades at a deep discount to the average analyst target of $682.24. The primary focus for investors is the massive rebound in NAND flash memory pricing and its impact on the company's path toward a major 2026 public listing. Recent performance has been bolstered by record-breaking demand for enterprise SSDs used in AI data centers, which has helped Kioxia swing from a period of heavy losses to extraordinary profitability. Market participants are specifically looking for evidence that the surge in average selling prices is sustainable as supply-demand conditions remain tight through the fiscal year.