Update
Sandisk (SNDK) Q1 Earnings Preview
Sandisk (SNDK) will report its FY2027 first-quarter results after the U.S. market close on October 29, 2026, with the earnings call scheduled for approximately 4:30 p.m. ET. The midpoint of company guidance implies roughly +357% YoY growth, with consensus sitting slightly above the midpoint. The company guides for non-GAAP gross margin of 83%–85%, close to the prior quarter’s 84.6%. Sustained high NAND pricing, driven by AI data center demand, is the core driver; some analysts believe stronger-than-expected pricing could push results above consensus. The market will focus on management’s commentary on subsequent quarters and full-year guidance, particularly NAND supply-demand dynamics, ASP trends, and capacity utilization.