SNDK stock jumps 14% after Sandisk earnings beat Wall Street estimates – here's what investors need to know

Sandisk stock soared more than 14% in after-hours trading Thursday after the memory-chip maker reported blockbuster fiscal second-quarter results, surpassing Wall Street expectations.

Sandisk Stock Soars After Blowout Q2 Earnings Beat - Adjusted EPS Surges 404%

The Milpitas, California-based company earned an adjusted $6.20 per share on $3.03 billion in sales for the quarter ended January 2, well above analysts’ estimates of $3.62 per share on $2.69 billion in revenue. On a year-over-year basis, Sandisk’s adjusted earnings surged an astounding 404%, while sales jumped 61%, as per a report.

Sandisk Earnings Report: Data Center Sales Drive Growth for SNDK Stock Amid AI Boom

Data center sales, a key growth driver amid the AI boom, climbed 64% sequentially and 76% year over year to $440 million as tech companies continued investing heavily in AI infrastructure.


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SNDK Stock Forecast: Third-Quarter Outlook Exceeds Wall Street Estimates

Looking ahead, Sandisk forecast fiscal third-quarter adjusted earnings of $13 per share on $4.6 billion in revenue, far above Wall Street expectations of $5.11 per share on $2.93 billion in sales. In the same quarter a year ago, the company posted a loss of 30 cents per share on $1.7 billion in revenue.

CEO David Goeckeler Comments on Strong SNDK Earnings

Chief Executive David Goeckeler said, "This quarter's performance underscores our agility in capitalizing on better product mix, accelerating enterprise SSD (solid-state drive) deployments, and strengthening market demand dynamics, all at a time when the critical role that our products play in powering AI and the world's technology is being recognized," as quoted by IBD.

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Sandisk’s Spin-Off from Western Digital Spurs SNDK Stock Momentum

Since spinning off from Western Digital in February 2025, Sandisk has been a highflier, with demand for its memory chips surging, particularly from AI data centers, fueling both growth and investor excitement, as per the IBD report.

FAQs

How much did Sandisk earnings grow?
Adjusted earnings surged 404% year-over-year, while revenue grew 61%.

Why are investors excited about SNDK stock?
High demand for memory chips, strong earnings, and AI-driven growth are fueling investor enthusiasm.