Sandisk prepares for fiscal Q1 FY27 earnings report

Sandisk (SNDK) is scheduled to release its fiscal Q1 FY27 results on Thursday, October 29, after the market close. The company’s stock recently closed at $1,238.03, down 1.82 percent following a broader sector selloff.

Sandisk has experienced significant growth since spinning off from Western Digital and going public in February 2025. Driven by the AI storage supercycle and high demand for NAND flash and solid-state drives, the stock price rose over 3,000 percent during its first 18 months of public trading, reaching a peak of $2,335 per share in June.

For the upcoming earnings report, Sandisk has provided non-GAAP guidance of revenue between $10.3 billion and $10.8 billion, with earnings per share (EPS) between $44 and $46. Market consensus for EPS sits at or above the top end of that range. Analysts suggest an implied stock price move of approximately 8 to 14 percent following the announcement.