Sandisk’s fiscal fourth-quarter results may signal sustained AI-driven growth in memory and storage demand for data centers.
Sandisk (SNDK) stock held steady ahead of its fiscal fourth-quarter earnings report, as investors sought signs of continued momentum in AI-related demand. Analysts expect adjusted earnings of $34.37 per share on revenue of $8.64 billion, with gross margins forecast at 81.5%. First-quarter guidance calls for $11.16 billion in revenue and $45.58 in adjusted earnings per share.
The company’s fiscal third-quarter revenue nearly doubled from the prior period, driven by surging demand for memory and storage products tied to AI infrastructure. Wall Street anticipates this trend will persist, with AI-related spending supporting Sandisk’s growth trajectory over the next 12 to 18 months.
Sandisk, which spun off from Western Digital in February 2025, has outperformed this year as memory and storage demand accelerates. The earnings report will test whether the AI trade remains a durable catalyst for the sector.