SanDisk reports fiscal Q1 2027 earnings on October 29 after a 31.85% share price drop amid doubts about AI storage demand peaking. Last quarter, SanDisk beat expectations with a 372% revenue increase and strong gross margins driven by datacenter sales. Investors will watch new business model contracts and pricing to see if demand and margins hold, which could prove skeptics wrong. The company’s CEO highlights multi-year demand signals, and a $15.5 billion buyback supports confidence in sustained growth.
As of Oct 25, 2026 22:41 WIB, SanDisk shares trade at USD 1,238.03 on Pluang, down 1.82% in the last day with a market cap of $178.93 billion. Despite recent skepticism about AI storage demand, the stock shows significant trading volume of 7,855,877 and a high sell order activity at 95%. The notable figure is the market cap of $178.93 billion, reflecting SanDisk's substantial presence in the technology sector.
SanDisk's stock has fallen 33% in the past month amid concerns over competition and profit-taking, even as the company reports record revenues and nearly $94 billion in signed customer contracts. Despite the selloff, 21 of 25 analysts rate it as a bu...
SK Hynix halted plans for a U.S. IPO of its Solidigm flash-memory unit, citing market volatility and regulatory concerns in South Korea. Despite scrapping the IPO, SK Hynix shares rose about 4%, outperforming peers like Micron and SanDisk. The compan...
Sandisk's stock dropped 18% following negative news about China's DRAM market, but the company remains a Buy with a 12-month price target of $1,830, implying 32% upside. Sandisk's focus on flash storage and its Japanese supply chain insulate it from ...
Memory stocks, including SanDisk, Western Digital, and Micron, are experiencing sharp declines, with SanDisk down 8%, Western Digital 7%, and Micron 6%. The selloff is driven by concerns over increased competition from Chinese memory makers and worri...
Sandisk Corporation posted a 51% quarter-on-quarter revenue increase to $8.97 billion and an 83% rise in earnings per share to $39.25 in Q4 2026, surpassing analyst expectations. The company benefits from multi-year contracts with hyperscalers and a ...
