Sandisk (SNDK) will release its first-quarter fiscal 2027 earnings results on Thursday, October 29. The event matters for Sandisk stock fans, as it could set the trajectory for SNDK.
Following a substantial rally, SanDisk shares have pulled back and are trading approximately 41% below their 52-week peak. The decline reflects profit-taking after strong gains, concerns about growing competition from Chinese memory chip manufacturers, and uncertainty about whether investment in AI infrastructure can maintain its current momentum.