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Should You Buy Sandisk Stock Before It Reports Earnings on Aug. 5?
Sandisk (NASDAQ: SNDK) has been one of the hottest growth stocks of the year (up 579%), but it's down by more than 31% from its June 2026 all-time high. Where does that leave investors heading into Sandisk's Aug. 5 earnings report?
There are some hints that Sandisk will deliver blockbuster results when it releases its report. These are the green flags investors should keep in mind as Aug. 5 draws closer.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
What's Going on With Sandisk Stock Monday?
The broader market rally helped lift Sandisk after the stock pulled back from its June peak. The rebound comes just over a week before the company’s quarterly earnings report, a period that often brings increased trading activity and volatility.
Despite the recent decline, Sandisk remains one of the market’s biggest winners over the past 12 months, with shares up more than 3,329%. That sharp rally has made the stock susceptible to profit-taking and buy-the-dip trading.
Sandisk remains in a long-term uptrend. The stock trades 15.1% above its 100-day simple moving average and 83.4% above its 200-day simple moving average.
However, near-term momentum has weakened. Shares are 13.2% below the 20-day simple moving average and 13.5% below the 50-day simple moving average.
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Sandisk: AI Euphoria Is Gone, Sell On Flash (NASDAQ:SNDK)
My last article marked a Sell/Exit rating for Sandisk (SNDK) stock based on the argument that its $278 billion quasi-SaaS valuation (at that time) blindly ignores semiconductor cyclicality. In that thesis, I pointed out that 78.4% gross margins are not
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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