SanDisk shares fall as investors weigh earnings, China competition
The gist
SanDisk stock sank 6.6% Monday and stayed under pressure Thursday ahead of its Oct. 29 earnings.
The NAND flash maker's results will test whether a steep run-up was justified.
How it unfolded
- Sep 22, 2026Rosenblatt initiated coverage with a Buy rating and a $2,400 forecast.
- Oct 6, 2026Mizuho maintained an Outperform rating and raised its price forecast to $2,050.
- Oct 12, 2026SanDisk opened down 5.78% and sank 6.6% through 9:55 a.m. ET, with the share price cited at $1,487.33.