Sandisk stock heads into October 29 earnings after more than 600 percent gain
Published on 10/05/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sandisk stock (ISIN US80004C2008) was trading at USD 1,709.88 on Nasdaq on October 5, 2026, down 0.59 percent, with a market capitalization of USD 253.2 billion. The company will report fiscal first-quarter 2027 results on October 29, giving investors the next hard test of AI-related storage demand and pricing.
October 29 brings the next test
Sandisk announced on September 29, 2026, that its fiscal first-quarter earnings conference call will begin at 1:30 p.m. Pacific Time on October 29, 2026. The release makes the date the next clear company checkpoint after a sharp valuation rerating in memory stocks.
Sandisk's latest reported quarter delivered USD 8.96 billion in revenue, up 371.6 percent from the year-earlier period, while earnings reached USD 39.25 per share. MarketBeat reported that the result exceeded its cited consensus estimate of USD 33.28 per share by USD 5.97.
Analysts keep targets above USD 2,000
Rosenblatt initiated coverage with a Buy rating and a USD 2,400 price target on September 22, 2026, according to CNBC. The firm argued that NAND flash is becoming a more critical part of AI infrastructure rather than a purely commodity storage product.
The broader consensus is a Moderate Buy from 28 analysts, with an average price target of USD 2,113.92, according to MarketBeat. That target lies 23.6 percent above the October 5 price, although the consensus also leaves the shares exposed to a high-expectation earnings reaction.
Valuation leaves little room
Sandisk's October 5 price stood 27.4 percent below its 52-week high of USD 2,354.39 and well above its 52-week low of USD 115.68. The contrast shows both the scale of the rally and the distance still separating the stock from its peak.
The next report will therefore have to support more than headline growth. MarketBeat identified tight NAND supply and AI data-center demand as key supports, while also pointing to valuation and contract structures that may limit the benefit from higher spot prices.
Sandisk stock trades at USD 1,709.88
Sandisk stock was last at USD 1,709.88 on Nasdaq on October 5, 2026, at 1:02 p.m. ET, down 0.59 percent on the session.
Sandisk stock facts
- Company: Sandisk Corporation
- ISIN: US80004C2008
- Ticker: SNDK
- Trading venue: Nasdaq
- Price (as of October 5, 2026, 1:02 p.m. ET): USD 1,709.88
- Market capitalization: USD 253.2 billion (as of October 5, 2026)
- 52-week range: USD 115.68-2,354.39 (as of October 5, 2026)
- Sector / Industry: Technology / Computer Hardware
- Index membership: S&P 100
Upcoming dates for Sandisk stock
- October 29, 2026: Fiscal first-quarter 2027 results and earnings call
