ME News reports that on August 6 (UTC+8), SanDisk (SNDK.O) reported strong results for Q4 of fiscal year 2026, with revenue and profits exceeding market consensus. Revenue surged 372% year-over-year and 51% quarter-over-quarter. Options expiring the week of August 7 show that the $1,370 strike price has the highest open interest in both call and put options; intense options trading following the earnings release may be at least partially responsible for the stock’s weak performance. Additionally, the company’s next-quarter revenue guidance of $10.3 billion to $10.8 billion, which fell short of expectations, may also have contributed to the post-market decline. SanDisk management stated, “The revenue beat was driven by our shift toward higher-value customers—data center revenue grew 437%—along with price increases.” According to BIT (bit.com) market data, SanDisk’s U.S. shares dropped as much as 8% in after-hours trading and are currently down 5.57%. (Source: BlockBeats)
SanDisk Q4 Revenue Beats Expectations, Shares Fall 8% After Earnings
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Summary
SanDisk (SNDK.O) reported Q4 2026 results that exceeded expectations, with revenue up 372% year-over-year and 51% quarter-over-quarter. Despite the strong figures, shares dropped 8% after hours, influenced by aggressive options trading and a revenue forecast of $10.3 billion to $10.8 billion that fell short of estimates. Management pointed to a shift toward high-value clients and a 437% surge in data center business. Traders monitoring altcoins to watch and tracking the Fear & Greed Index noted the mixed signals from the stock’s post-earnings movement.
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