LIVE: SANDISK STOCK REPORTS 2026 EARNINGS TODAY!!!
In a Nutshell
SanDisk reported solid earnings but dropped 7.5% after-hours, while Western Digital fell 10-12% despite beating estimates. The stock remains extremely volatile, having swung from $2,300 to $970 in weeks, and investors are warned to size positions appropriately or avoid leverage. Guidance on the earnings call will determine if momentum continues, with a potential 10-15% move expected if results are strong.
These notes were generated by AI and may contain inaccuracies.
Ricky with Tech Solutions goes live on August 5th at 12:52 p.m. Arizona time. SanDisk and Western Digital are reporting earnings today after the bell. Western Digital is nosediving right before markets closed after staying elevated throughout the day. SanDisk is one of the best performing stocks.
The thumbnail was generated using AI software. The AI generated a thumbnail showing SanDisk dropping. The user does not control the AI output.
SanDisk hit lows of 1363. It previously hit sub $1,000 lows at 970 just a few days ago before recovering to nearly 1,500. The stock is slightly overbought based on recent time frames. SanDisk is on an absolute tear this year from start-of-year lows of $200 to highs of $2,300.
SanDisk is expected to report $34.52 per share in earnings and $8.39 billion in revenue. The stock is currently trading at 46.2 times earnings. Net income is 4.5 billion with revenue at 13.1 billion. The concern is that the memory market is cyclical, though demand for memory and infrastructure is unprecedented.
Out of the past five earnings reports, four have been positive with three of them being double-digit days. Guidance is a major focus for determining whether the growth momentum will continue into 2027.
At $1,300 per share, SanDisk is not considered a super safe stock due to volatility. The stock went from $2,300 down to $970 in three to four weeks, losing 58% of its value. Volatility is inherent to SanDisk's trading pattern.
Investors should know their own risk tolerance and not use leverage if they cannot handle volatility. South Korea serves as an example of what can happen with high volatility.
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News of another attack in the Middle East was announced, with a peace deal expected soon. The discussion includes hope for bringing troops back and reducing market volatility influenced by political decisions.
NASDAQ market is falling significantly. Open Door is down 8.5%. Micron Technologies closed slightly in the red. Western Digital is down 10% after market hours.
Earnings reports are an incredibly risky time to take positions. Beginners gambling on earnings outcomes will not last long in the market. Position sizing should match risk level. Earnings are not necessarily manipulated - both bullish and bearish outcomes are possible.
Western Digital beat earnings but markets are upset about something in their report. SanDisk is back in the green briefly. Western Digital is attempting a slight recovery.
Recently, when one company beats earnings, another falls behind. The possibility exists that Western Digital's miss could allow SanDisk to thrive. Stop losses cannot be used after market hours, but stop limits are available.
A target of 1600 by Friday is mentioned. A 10-15% move is expected if SanDisk reports great earnings.
SanDisk reported good earnings, but the reaction is not yet reflected. The stock is down 7.5%. Western Digital is down 12% aftermarket. SanDisk is down 3% so far with possible lower highs and lower lows forming.
The chip market concern is that dips can be bought up by large players like Citadel and BlackRock. Michael Burry-style bets against overvalued stocks face opposition from major institutional buyers.
SanDisk is an incredibly volatile stock. Position size and leverage should be carefully monitored. Cash is considered a position during extreme volatility.
SanDisk went from $2,300 to $970 in weeks. Investors should not buy SanDisk if they cannot tolerate volatility. Due diligence is essential before investing.
AppLovin is mentioned as a tough case, down 27% and trading at lows of 308 after being a strong performer. Chip companies are vulnerable to downturns during market uncertainty due to rapid recovery.
SanDisk is only down 1.5% and could turn green unexpectedly. This is before the guidance call. The earnings call normally occurs 30 minutes after markets close.
Buyers of the dip should understand their intention - whether trading or investing. Trading requires getting in and out based on resistance and rejection signals. Investing requires accepting volatility without worry about uncontrollable factors.
NASDAQ is in early stages of possible reversal with a gap down to fill. Markets will likely recover aggressively on a confirmed peace deal with Iran. Position sizing and exposure should be monitored carefully.
Even buying the dip today has upside potential, but downside risk must be understood. Profit potential must outweigh loss potential to justify positions. Individual investors must decide their own risk tolerance.
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