Sandisk, US80004C2008

Sandisk stock: At minus 3.63 percent, Sandisk stock trades below the gettex close

Published on 10/16/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue was USD 8.97 billion. Sandisk stock costs EUR 1,195.00 on October 16, 2026, down 3.63 percent versus gettex close.

Stock falls 3.63 percent today

The gettex session put Sandisk lower on October 16, 2026.
Fiscal fourth-quarter revenue reached USD 8.97 billion, up 51.00 percent sequentially.
Sandisk stock costs EUR 1,195.00 at Lang & Schwarz on October 16, 2026 at 4:33 p.m. CEST, 3.63 percent below the gettex close of October 15, 2026.
Mizuho set a USD 2,050.00 target on October 5, 2026, 51.93 percent above the Nasdaq price.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk stock stood 3.63 percent below the gettex close of October 15, 2026, with the euro quote at EUR 1,195.00 at Lang & Schwarz on October 16, 2026 at 4:33 p.m. CEST. The move gives investors a fresh risk marker after a steep rally in memory stocks. Fiscal fourth-quarter revenue was USD 8.97 billion, up 51.00 percent sequentially, according to TheStreet.

Revenue reached USD 8.97 billion

The latest reported quarter ended July 3, 2026. Sandisk also recorded GAAP net income of USD 6.90 billion and diluted earnings per share of USD 43.97. Revenue was 51.00 percent higher than in the preceding quarter, while the company said higher pricing supplied two-thirds of the sequential increase, according to TheStreet.

The stock is 42.67 percent below its high

On the Nasdaq, Sandisk last traded at USD 1,349.34 at 10:43 a.m. ET on October 16, 2026. Its 52-week range was USD 136.29 to USD 2,354.39, placing the share price 42.67 percent below the high. The Nasdaq quote showed 2,562,793 shares traded against an average volume of 12,399,370.

Valuation and the next date

Sandisk had a market capitalization of USD 195.0 billion and a trailing P/E ratio of 18.32 on October 16, 2026. Mizuho analyst Vijay Rakesh raised the target from USD 1,875.00 to USD 2,050.00 on October 5, 2026, according to TheStreet. The target stands 51.93 percent above the Nasdaq price. Sandisk is scheduled to report fiscal first-quarter 2027 results on October 29, 2026, according to Sandisk.

Comparison with peers

Sandisk (Nasdaq, USD): minus 3.63 percent, P/E 18.32, market capitalization USD 195.0 billion
Micron Technology (Nasdaq, USD): minus 2.92 percent, P/E 12.19, market capitalization USD 1,022.9 billion
Seagate Technology (Nasdaq, USD): minus 4.34 percent, P/E 47.48, market capitalization USD 150.3 billion

Price remains under pressure

The gettex quote showed a day range of EUR 1,200.00 to EUR 1,250.00 and a bid of EUR 1,200.00 against an ask of EUR 1,210.00 on October 16, 2026 at 2:13 p.m. CEST. That range places the Lang & Schwarz price below the German venue's intraday midpoint, while the Nasdaq comparison shows the broader storage group also trading lower.

Sandisk was trading at EUR 1,195.00 at Lang & Schwarz on October 16, 2026 at 4:33 p.m. CEST, 3.63 percent below the gettex close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.