SanDisk (SNDK) Stock Is Up 578% This Year — Can Earnings Keep It Going?
TLDR
- SanDisk reports Q4 FY26 earnings after market close on August 5
- Options traders are pricing in a 25% move in either direction after results
- Wall Street expects Q4 revenue of $8.42 billion, up 343% year-over-year
- EPS is forecast at $34.67, compared to just $0.29 in the same quarter last year
- SNDK stock is up 578% year-to-date, driven by NAND price gains and AI storage demand
SanDisk (SNDK) is gearing up for its fiscal Q4 2026 earnings report, due after market close on August 5. The stock is currently trading around $1,636 based on the average price target implying 27.46% upside to $2,052.50.
SNDK has been one of the market’s standout performers this year, gaining 578% year-to-date. That rally has been fueled by rising NAND flash prices and growing demand for storage in AI data centers.
The options market is expecting fireworks. Traders are pricing in a 25.08% swing in either direction following the earnings print. That’s well above the stock’s average post-earnings move of 8.75% over the last four quarters.
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