Sandisk Corporation (SNDK) earnings on August 5, 2026
More Sandisk Corporation earnings
Prior outlook: Pessimistic Outcome: Accurate
SanDisk shares fell 6.35% after earnings, despite analysts raising price targets. The stock was volatile, dropping as much as 13.83% during the day.
SNDK price around the earnings
1258.58
Change: -6.8%
2026-08-06, 20:00 UTC
Start of the measured window
End of the measured window
1170.22
1250.19
1330.15
1410.12
1349.70
August 5, 2026
August 6, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
- Results released
Despite strong analyst upside and strong recent earnings beat history, recent price action is severely negative.
Context analyzed before publication
- Trend
- Price collapsed severely, then partially recovered, but ended with a strong negative trajectory into earnings.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.61
- Analysts covering the stock
- 22
- Average price target
- 2,217.77
- Lowest price target
- 1,000
- Highest price target
- 3,169
- Upside to price target
- 60.9%
- Revenue growth
- 251%
- Forward EPS
- 212.95
- Trailing EPS
- 29.27
- Analyst moves in the last 60 days
- 8
- Strong buy: 3
- Buy: 15
- Hold: 4
- Sell: 0
- Strong sell: 1
- Strong buy
- 3
- Buy
- 15
- Hold
- 4
- Sell
- 0
- Strong sell
- 1
- July 23, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- July 22, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- July 1, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- June 30, 2026 · Bernstein: Maintains rating (Outperform → Outperform)
- June 25, 2026 · Citigroup: Maintains rating (Buy → Buy)
- June 8, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
- June 8, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- June 8, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (5)
- SanDisk Options Price 16.1% Swing On Earnings: Here’s What History Shows (opens in a new tab) — Benzinga
- Stock Market Today: S&P 500, Dow Futures Gain After Scott Bessent Signals Strait of Hormuz Deal With Iran in Sight— AMD, SpaceX, SanDisk in Focus (UPDATED) (opens in a new tab) — Benzinga
- Top Wall Street Forecasters Revamp Sandisk Expectations Ahead Of Q4 Earnings (opens in a new tab) — Benzinga
- Sandisk Stock Rally Hits the Brakes As Traders Lock in Gains Before Earnings (opens in a new tab) — Benzinga
- AMD, Walt Disney And 3 Stocks To Watch Heading Into Wednesday (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 1,428.18
- Average true range (ATR)
- 13.6%
- Distance to 52-week high
- -41.0%
- 14-day change (14d)
- -10.1%
- 30-day change (33d)
- -18.1%
- 30-day relative strength
- -19.7%
- QQQ change (33d)
- +1.6%
- Nearest support
- 1,408.17
- Distance to nearest support
- 1.4%
- Nearest resistance
- 1,447.18
- Distance to nearest resistance
- 1.3%
- Volume accumulation ratio (14d / 46d)
- 1.72
- Mid: 1,408.17 (1.4% away, 0.1 ATR, 14 touches)
- Minor: 1,388.7 (2.8% away, 0.2 ATR, 5 touches)
- Minor: 1,366.08 (4.4% away, 0.32 ATR, 5 touches)
- Mid: 1,447.18 (1.3% away, 0.1 ATR, 12 touches)
- Minor: 1,475.56 (3.3% away, 0.24 ATR, 8 touches)
- Mid: 1,509.93 (5.7% away, 0.42 ATR, 11 touches)
Trends
Evidence
- Average earnings surprise
- +235.7%
- April 30, 2026: actual EPS 23.41 vs estimate 14.66 (surprise +59.7%)
- January 29, 2026: actual EPS 6.2 vs estimate 3.54 (surprise +75.0%)
- November 6, 2025: actual EPS 1.22 vs estimate 0.89 (surprise +36.9%)
- August 14, 2025: actual EPS 0.29 vs estimate 0.03 (surprise +771.1%)
Expected move
- Implied move
- +10.8%
- Source
- Options chain
Reactions over its last 5 earnings
- Median move
- 6.4%
- 75th percentile move
- 8.1%
- 90th percentile move
- 12.5%
- Up / down moves
- 4 / 1
- Average up move
- +8.7%
- Average down move
- -4.5%
Monitoring and close
What Sandisk Corporation reported
- Status
- Finished
| Actual EPS | 39.25 |
|---|---|
| EPS estimate | 34.45 |
| EPS surprise | +13.9% |
| Revenue | $8,965 million |
| Revenue estimate | $8,394 million |
| Revenue surprise | +6.8% |
SanDisk beat Q4 expectations with earnings and revenue above estimates. Sentiment remains optimistic following the high-bandwidth flash memory specification.
Sources (3)
- SanDisk beat expectations in Q4: adjusted earnings of $39.25 per share versus $34.45 estimated, and revenue of $8.965 billion versus $8.394 billion. — Benzinga
- SanDisk Q4 Adj. EPS $39.25 Beats $34.45 Estimate, Sales $8.965B Beat $8.394B Estimate (opens in a new tab) — Benzinga
- SK Hynix (KOSE:A000660) Helps Set An Open Standard For AI Flash Memory (opens in a new tab) — Simply Wall St.
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -10.3% pre-market, a move above the stock's usual reaction (about 6%). The figures confirm the pessimistic scenario. In past cases, across our market history, the close held that direction 96% of the time in the 730 similar cases.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -6.3%
- Max favorable move (MFE)
- 13.8%
- Max adverse move (MAE)
- 2.7%