Sandisk’s stock falls as the company’s forecast doesn’t live up to high expectations

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The midpoint of the company’s revenue forecast was below what analysts had been modeling

Updated Aug. 5, 2026, 6:25 p.m. ET

Shares of Sandisk were set to extend their declines after the memory-chip maker’s guidance for the September quarter missed Wall Street’s high expectations.

Sandisk SNDK set its September-quarter revenue guidance between $10.3 billion and $10.8 billion, which at the midpoint was below the FactSet analyst consensus for $10.8 billion. The company’s outlook for adjusted earnings per share was between $44 and $46, while consensus expectations called for $44.72.

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