Sandisk, US80004C2008

Sandisk stock falls 3.79 percent as October earnings near

Published on 10/04/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandisk stock reports fiscal Q4 revenue of USD 8.96 billion, up 371.6 percent year over year. Management guides Q1 revenue to USD 10.30-10.80 billion.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk stock (ISIN US80004C2008) fell 3.79 percent to USD 1,719.99 on Nasdaq on October 2, 2026, leaving the shares 26.95 percent below the 52-week high of USD 2,354.39. The next earnings report is scheduled for October 29, 2026, giving the memory company a clear test of whether its rapid growth can continue.

Fiscal Q4 delivered a sharp beat

According to MarketBeat in its October 2, 2026 report, Sandisk generated USD 8.96 billion of revenue in fiscal Q4 2026, up 371.6 percent from the prior-year quarter. Non-GAAP EPS reached USD 39.25, exceeding the USD 33.28 consensus by USD 5.97.

The latest quarter also established a demanding comparison base. Sandisk guided fiscal Q1 2027 to USD 10.30 billion-USD 10.80 billion of revenue and non-GAAP EPS of USD 44.00-USD 46.00, according to MarketBeat. The midpoint revenue guide of USD 10.55 billion would exceed the prior quarter by USD 1.59 billion.

Consensus still sits above the quote

MarketBeat reports a Moderate Buy consensus based on 28 ratings, including two Strong Buy, 22 Buy and four Hold recommendations. Its average price target of USD 2,113.92 lies 22.9 percent above the October 2 reference price of USD 1,719.99.

That gap leaves the October report central to the investment case. The company must show that pricing power, data-center demand and the forecast revenue step-up can offset the volatility visible in a 3.79 percent daily decline.

October 29 sets the next checkpoint

Sandisk announced on September 29, 2026, that it will release fiscal Q1 2027 results on October 29, 2026, with the earnings call scheduled for 1:30 p.m. Pacific Time. The date matters because the guidance range now sits above the USD 8.96 billion fiscal Q4 revenue base.

Sandisk stock stays below its yearly high

Sandisk stock was last at USD 1,719.99 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with volume of 8,141,704 shares and a market capitalization of USD 254.7 billion.