SanDisk Heads into Aug. 5 Earnings After a 578% Year‑To‑Date Rally
The report will test whether robust data‑center SSD demand or rising NAND prices can sustain the stock’s surge.
Overview
- SanDisk will report fiscal Q4 2026 results after markets close on August 5, a near‑term event that traders expect will decide whether recent gains hold.
- Options traders are pricing an unusually large move of about 25% in either direction after the print, signaling high uncertainty about the release.
- Wall Street consensus calls for $8.42 billion in Q4 revenue and $34.67 in EPS, while analysts model full‑year 2026 EPS near $64.52, reflecting huge year‑over‑year growth expectations.
- Investors will watch enterprise data‑center SSD sales and NAND flash pricing for signs that hyperscale cloud demand and higher NAND prices are durable rather than transitory.
- Key risks include faster new NAND capacity, especially from China, and concentrated institutional positioning, with the company’s Investor Day on August 13 expected to provide further FY27 guidance and clarity.