Sandisk Corporation (SNDK) Q3 2026 Earnings Call Transcript
Investors are panning upbeat results from Western Digital and Sandisk after massive one-year stock rallies.
Sandisk Corporation (SNDK) came out with quarterly earnings of $23.41 per share, beating the Zacks Consensus Estimate of $14.5 per share. This compares to a loss of $0.3 per share a year ago.
Sandisk and Western Digital logged profits of $3.62 billion and $3.21 billion, respectively, as both companies benefited from efforts to scale up AI infrastructure.
SanDisk (NASDAQ: SNDK | SNDK Price Prediction) is up 4.2% today and is reporting Q3 fiscal 2026 earnings after the market close, on April 30, 2026.
Sandisk (NASDAQ:SNDK) is heading into its fiscal third-quarter earnings report with momentum that could push results well ahead of its own guidance, according to analysts at Wedbush. Wedbush analysts said that while Sandisk guided for roughly 55% price increases in the current quarter, pricing gains through the period suggest the company should comfortably exceed that initial outlook.
SanDisk stock (NASDAQ: SNDK) heads into Thursday's Q3 report with traders braced for a violent move, not a routine earnings reaction. The stock closed at $1,064.21 on Wednesday after falling 6.34% in the previous session, even as the stock remained one of 2026's biggest winners.
The S&P 500's top-performing stock of the year has crossed the $1,000 threshold, fueling some speculation that management could announce a 10-for-1 stock split.
SanDisk (NASDAQ:SNDK | SNDK Price Prediction) has staged one of the most extraordinary rallies in semiconductor history, climbing 3,006% over the past year on the back of an
Sandisk Corporation (SNDK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sandisk's Q3 outlook hinges on surging data center revenues, powered by AI-driven SSD demand, hyperscaler traction and next-gen storage solutions.
Shares of SanDisk Corp have surged to record highs, extending a remarkable rally driven by investor enthusiasm for artificial intelligence-linked memory demand. The stock closed last week near $990 and continued its upward momentum on Monday, rising more than 7% in trading.