Stock AnalizSandisk (SNDK) earnings for the quarter ended September 2026: EPS beats estimates
Sandisk reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $49.51 against the analysts’ average forecast of $46.41, a beat of 6.7%.
Revenue for the quarter was $11.03 billion, up 377.9% from $2.31 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 18.1% on the first trading day after the report.
The last four quarters
Sandisk has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $49.51 | $46.41 | +6.7% | +378% | −18.1% |
| Jun 2026 | $39.25 | $34.52 | +13.7% | +372% | −11.8% |
| Mar 2026 | $23.41 | $14.66 | +59.7% | +251% | +11.5% |
| Dec 2025 | $6.20 | $3.54 | +75.0% | +61% | +9.2% |
What comes next
Analysts expect EPS of $57.12 for the next quarter on average and $227.48 for the fiscal year ending June 30, 2027.
The average analyst price target is $2047.38, 131% above the current price of $885.01.
Valuation and score
Sandisk scores 3.2 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 7.1, and its intrinsic value under moderate assumptions is about 744% above the current market value. Full Sandisk analysis with 10 years of financials
Frequently asked questions
What was Sandisk’s EPS for the quarter ended September 2026?
$49.51 adjusted per share, against an analyst consensus of $46.41.
How much revenue did Sandisk report?
$11.03 billion, up 377.9% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.