Sandisk stock gains on S&P 100 inclusion and strong 2026 numbers
Published on 09/19/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sandisk stock (ISIN US80004C2008) traded at USD 1,743.08 on September 18, 2026, up 7.97 percent, with a market cap of USD 255.22 billion and a 52-week range of USD 93.54 to USD 2,354.39. The move came as the company was set to join the S&P 100 on Monday, while fiscal 2026 revenue reached USD 20.25 billion and fiscal Q4 revenue came in at USD 8.97 billion.
S&P 100 inclusion
As The Motley Fool reported on September 19, 2026, Sandisk will join the S&P 100 on Monday, with Nike leaving the index at the same time.
The same report said fiscal 2026 revenue was USD 20.25 billion, up 175 percent year over year, and net income reached USD 11.4 billion after a loss of USD 1.6 billion a year earlier. It also said fiscal Q4 revenue was USD 8.97 billion, up 372 percent year over year, with management guiding fiscal Q1 2027 revenue to USD 10.3 billion to USD 10.8 billion.
Margins and earnings
According to CNBC on September 18, 2026, Sandisk showed revenue of USD 20.248 billion on a trailing basis and a market cap of USD 255.22 billion. The same page put the shares at USD 1,743.08, which was 7.97 percent higher on the day.
As Mitrade reported on September 19, 2026, non-GAAP gross margin was 78.4 percent in fiscal Q3 and 84.6 percent in fiscal Q4, while management guided to 83 percent to 85 percent for the current quarter. The same report said the stock traded around USD 1,800, or about 24 times earnings.
Price and range
For investors, the range matters as much as the headline move: Sandisk closed near the top of a USD 93.54 to USD 2,354.39 52-week band, after moving to USD 1,743.08 on September 18, 2026. The combination of a USD 20.25 billion fiscal year, USD 8.97 billion in fiscal Q4 revenue and a USD 255.22 billion market cap leaves valuation and index demand as the key debate.
Sandisk stock at a glance
- Company: Sandisk Corporation
- ISIN: US80004C2008
- Ticker: SNDK
- Trading venue: Nasdaq
- Price (as of September 18, 2026): USD 1,743.08
- Market capitalization: USD 255.22 billion (as of September 18, 2026)
- Sector / Industry: Information Technology / Technology Hardware, Storage and Peripherals
- Index membership: S&P 500
