SanDisk & Western Digital Earnings: HUGE Opportunity in the Crash?
In a Nutshell
SanDisk and Western Digital report earnings tonight with high expectations—SanDisk at $34.52 EPS/$8.39B revenue, Western Digital at $3.29 EPS/$3.69B revenue—amid a market that's pulled back after an aggressive rally driven by a pending US-Iran peace deal and Strait of Hormuz reopening. Both stocks trade at elevated valuations (46x and 30x earnings), and strong beats plus bullish 2027 guidance are required to sustain levels, while any disappointment could ripple through AI and chip stocks. Markets remain irrational and bullish on the pending catalyst, making shorting risky until confirmation.
These notes were generated by AI and may contain inaccuracies.
SanDisk and Western Digital are scheduled to report earnings after the market closes. These are two of the best performing stocks of 2026. The earnings report is expected to send shock waves through the market.
Markets have erased all gains for the day, but this represents a normal pullback rather than a full-on correction. Markets have experienced one of the most aggressive four to five day rallies seen in recent times, making this pullback well expected.
The recent rally was driven by a peace deal announcement made by Trump. This type of announcement has occurred for the past 22 weeks without confirmation. Updated information indicates the deal was supposed to close today but is now expected to be announced tomorrow regarding the reopening of the Strait of Hormuz, with some reports suggesting it could extend until the end of the week.
If this news gets announced that it's confirmed that there is a reopening, markets are so irrational and so eager to remain bullish, it's only going to push up higher.
A catalyst remains pending - confirmation of the strait reopening and a peace deal between the US and Iran. Until confirmed, caution is advised as confirmation tends to drive markets higher. Shorting carries risk given the pending catalyst.
Earnings per share expectation: $34.52 Revenue expectation: $8.39 billion
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