Sandisk Profit Soars as AI Demand Drives Up Prices

The company posted net income of $8.1 billion in the first quarter as the AI buildout drives memory demand skyward.

WSJ • 2 hours ago

SanDisk Posts Q1 Double Beat, Announces Stock Split

SanDisk Corp. (NASDAQ:SNDK) posted its first-quarter fiscal 2027 results after Thursday's closing bell, beating analyst estimates on the top and bottom lines.  Here's a look at the details inside the report.

Benzinga • 2 hours ago

Sandisk Revenue Up 378% on Datacenter, Edge: Rapid Earnings Reaction

Each revenue dollar now carries about 15 cents of cost of revenue, against about 70 cents a year ago. Despite $5.0 billion of buybacks this quarter, Sandisk's diluted share count is still about 3% above a year ago.

The Motley Fool • an hour ago

Sandisk's Surging Profits Face a Critical Test

Sandisk (SNDK +7.66%) is attempting to transform the traditionally volatile NAND memory business through long-term customer agreements worth $91.1 billion, including deals signed after its latest quarter. Its upcoming results will offer another test of whether those commitments can deliver lasting profitability.

The Motley Fool • 10 hours ago

Sandisk Reports Fiscal First Quarter 2027 Financial Results

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) today reported fiscal first quarter financial results. “We have started fiscal year 2027 with another quarter of strong performance, with robust and growing demand for our products driving outpaced growth in our data center business,” said David Goeckeler, Chairman and Chief Executive Officer of Sandisk. “We are executing on the strategy that we outlined at Investor Day, delivering growing and durable free cash flow through o.

Business Wire • 2 hours ago

Sandisk Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Sandisk Corporation (NASDAQ:SNDK) will release its first-quarter earnings report after the closing bell on Thursday, Oct. 29.

Benzinga • 9 hours ago

Sandisk sees revenue nearly quintuple — and its stock is heading higher

One of the market's hottest artificial-intelligence companies just impressed with its latest earnings commentary. Sandisk gave a forecast that calls for $12.2 billion to $12.6 billion in revenue during the December quarter, whereas analysts tracked by FactSet had been looking for $12.3 billion.

Market Watch • an hour ago

Will Data Center Growth Remain Sandisk's Biggest Opportunity?

SNDK's data center revenues surge as AI drives demand for enterprise SSDs, while new storage technologies and long-term deals support future growth.

Zacks Investment Research • 7 hours ago

Sandisk and Micron Slide 5% as Samsung Miss Cools Memory Rally Ahead of Sandisk Earnings; SK Hynix Falls 3%, Western Digital Dips

The memory rally from October 28 is turning back just hours before Sandisk (NASDAQ:SNDK | SNDK Price Prediction) reports, and memory makers are taking the hardest hit. Sandisk stock trades at $1,330.60, down 5%.

24/7 Wall Street • 3 hours ago

Why are Micron, SK Hynix and SanDisk stocks falling on Thursday?

Shares of Micron, SK Hynix and SanDisk fell on Thursday as Alphabet's weaker-than-expected results weighed on technology stocks, while a sharp decline in Samsung Electronics shares added pressure to the memory chip sector. Micron MU was down about 3.5%, SK Hynix slipped around 1%, and SanDisk fell approximately 2.71%, reversing some of the optimism that had lifted memory stocks a day earlier following SK Hynix's upbeat earnings and outlook.

Invezz • 6 hours ago