Sandisk Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

by | Oct 29, 2026 | General

Sandisk Corporation (NASDAQ:SNDK) will release its first-quarter earnings report after the closing bell on Thursday, Oct. 29.

Analysts expect the Milpitas, California-based company to report quarterly earnings of $46.41 per share, up from $1.22 per share in the year-ago period. The consensus estimate for SNDK’s quarterly revenue is $10.7 billion. It reported $2.31 billion last year, according to Benzinga Pro.

On Aug. 5, Sandisk reported better-than-expected fourth-quarter financial results.

Sandisk shares gained 7.7% to close at $1,404.77 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Cantor Fitzgerald analyst C.J. Muse maintained the stock with an Overweight rating and cut the price target from $2,900 to $2,200 on Oct. 26, 2026. This analyst has an accuracy rate of 80%.
  • Mizuho analyst Vijay Rakesh maintained the stock with an Outperform rating and raised the price target from $1,875 to $2,050 on Oct. 6, 2026. This analyst has an accuracy rate of 82%.
  • Rosenblatt analyst Kevin Cassidy initiated coverage on SanDisk with a Buy rating and announced a price target of $2,400 on Sept. 22, 2026. This analyst has an accuracy rate of 80%.
  • RBC Capital analyst Srini Pajjuri maintained the stock with a Sector Perform and boosted the price target from $1,300 to $1,600 on Aug. 14, 2026. This analyst has an accuracy rate of 83%.
  • Wells Fargo analyst Aaron Rakers maintained the stock with an Equal-Weight rating and raised the price target from $1,400 to $1,550 on Aug. 14, 2026. This analyst has an accuracy rate of 87%.

Considering buying SNDK stock? Here’s what analysts think:

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