Sandisk (SNDK) Stock: $1,255.58 Two Sessions Before 29…
By Tobi Opeyemi Amure
AI summary of the source article
Sandisk shares closed up 1.42 percent at $1,255.58 ahead of its fiscal Q1 FY27 earnings report. The gain coincided with a broader semiconductor rally fueled by Anthropic's IPO filing.
Key facts
- Sandisk closed at $1,255.58 on Monday, October 26, up 1.42% with a market value of around $183.8 billion.
- The company's fiscal Q1 FY27 guidance forecasts non-GAAP EPS of $44-$46 on revenue of $10.3-$10.8 billion.
- Bank of America reported memory supply deals now run three to five years, expecting tight memory availability in 2027 and 2028.
Source excerpt · FinanceFeeds
Updated 27 October 2026. Sandisk (NASDAQ: SNDK) closed Monday at $1,255.58 , up $17.55 or 1.42 percent, after trading between $1,229.00 and $1,287.84 on about 6.7 million shares (Gotrade; Yahoo Finance). Two sessions remain before fiscal Q1 FY27 results on Thursday 29 October after the close. Verdict: the memory tape turned firmly positive overnight. SK hynix jumped 6.4 percent and Samsung Electro…