NEW YORK, January 5, 2026, 05:59 ET — Premarket
- Sandisk shares were indicated little changed premarket after closing up nearly 16% on Friday.
- The company named First Solar CFO Alexander R. Bradley to its board and audit committee.
- Investors are watching Monday’s ISM factory survey and Sandisk’s Jan. 29 earnings update.
Sandisk Corp shares were little changed in premarket trading on Monday after a sharp rise in the first session of 2026. The stock last traded at $275.24.
The move keeps Sandisk on traders’ screens as money rotates through storage and memory names tied to data-center demand. Sandisk sells NAND flash, a type of memory chip used in solid-state drives, and the group can swing sharply on shifts in pricing and capital spending.
That sensitivity matters more now because Sandisk’s next earnings update is approaching, and investors are looking for proof that margins can hold up after a strong 2025 run. Any change in tone on demand from hyperscale customers — the biggest cloud data-center operators — tends to ripple quickly through the sector.
Sandisk said after the close on Friday that it appointed Alexander R. Bradley, chief financial officer of solar manufacturer First Solar, to its board and audit committee, effective Dec. 30. Chief executive David Goeckeler said Bradley brings “exceptional operational finance expertise and strategic insights” to the board. Nasdaq
A U.S. Securities and Exchange Commission filing showed Bradley reported no beneficial ownership of Sandisk securities. Form 3 is the initial disclosure insiders file when they become subject to SEC reporting rules.
Sandisk closed Friday up 15.95% at $275.24, after trading between $244.00 and $275.80 on volume of about 11.1 million shares. Traders have been eyeing the $244 area as near-term support, with the prior close near $237.38 as another marker. Investing
Other storage and memory stocks rose in the last session, with Micron Technology up about 10.5%, Western Digital up about 9.0% and Seagate up about 4.4%. The sector often trades as a pack when investors reassess data-center demand and the broader appetite for risk.
Sandisk is scheduled to report fiscal second-quarter results on Jan. 29 and will host an earnings call at 4:30 p.m. ET, the company said. In its most recent quarterly update filed with the SEC in November, Sandisk forecast revenue of $2.55 billion to $2.65 billion and non-GAAP earnings per share of $3.00 to $3.40; non-GAAP is an adjusted measure that excludes some items such as stock-based compensation. Nasdaq
Macro could also set the tone. Investors will watch the Institute for Supply Management’s manufacturing report at 10 a.m. ET, a survey-based gauge of factory activity that can move rate-sensitive growth stocks. Federal Reserve Bank of New York
But the rally leaves Sandisk vulnerable to any stumble on results or guidance. NAND flash is a cyclical market, and a fast shift in pricing — or a hint that hyperscale spending is cooling — can hit earnings expectations quickly.
