SanDisk Corporation expected to post earnings of $46.22 a share - Earnings Preview

What happened

SanDisk Corporation reports results on October 29 for the period ending September 30, 2026. Analysts expect revenue to rise 361.0% to $10.639 billion from $2.31 billion, with mean earnings of $46.22 a share, according to LSEG data.

Confirmed

Global impact / market context

The expected jump in revenue shows the business is selling far more than a year earlier, which can lift profit if costs do not rise as fast. Analyst earnings estimates staying unchanged suggests expectations are settled ahead of the report.

Analyst inference

Analyst ratings are mostly buy, with 25 buy or strong buy, 4 hold and no sell. The median 12-month price target of $2,150.00 is about 64.8% above the last closing price of $1,304.84, signaling analyst optimism.

Analyst inference

What to watch

1. Watch whether reported revenue falls within the company's August 5 guidance range of $10.30 billion to $10.80 billion for the quarter ended September 30. Confirmed
2. Watch whether earnings per share land within management's August 5 guidance range of $44.00 to $46.00, compared with the $46.22 analyst mean estimate. Confirmed
3. Watch whether revenue and profit beat estimates as in the past four quarters, since repeated beats can support the high analyst price target and buy ratings. Analyst inference

Evidence

• Original source link unavailable