Sandisk stock (SNDK) steadies into 2026 as U.S. markets shut; Jan. 29 earnings date set

Sandisk stock (SNDK) steadies into 2026 as U.S. markets shut; Jan. 29 earnings date set

NEW YORK, January 1, 2026, 11:41 ET — Market closed

  • Sandisk shares last closed down 1.2% at $237.38, with U.S. markets shut Thursday for New Year’s Day. Reuters+1
  • The flash-memory maker set January 29 for its fiscal second-quarter results conference call. Business Wire
  • Traders are tracking memory pricing signals and early-January U.S. data that can sway rate expectations and tech valuations. TrendForce+2Bureau of Labor Statistics+2

Sandisk shares last closed down 1.2% at $237.38, as U.S. markets remained shut on Thursday for the New Year’s Day holiday. The company has flagged January 29 as the next key date for investors with its fiscal second-quarter earnings call. Business Wire+2Reuters+2

The date matters because Sandisk is coming off a sharply higher 2025, and investors are looking for fresh confirmation that pricing and demand trends can support expectations into 2026. The stock surged about 567% in 2025 after its spin-off from Western Digital and later addition to the S&P 500, according to Investing.com. Investing

Memory pricing has stayed in focus heading into year-end. TrendForce said supply cuts have tightened the market and extended the “bullish” trend for NAND flash contract prices into the coming year. NAND flash is a type of memory used in solid-state drives (SSDs) and many consumer devices. TrendForce

Broader risk appetite also cooled into the final session of 2025, when U.S. indexes ended lower in thin holiday trading, Reuters reported. “It’s perfectly fine in any bull market to have moments of cost,” said Giuseppe Sette, co-founder and president of Reflexivity, pointing to profit-taking when liquidity was low. Reuters

Sandisk said it will hold its fiscal second-quarter earnings conference call on Thursday, January 29, at 1:30 p.m. Pacific time, with a live webcast and replay available on its investor relations site. Business Wire

The stock’s move in the last session tracked declines across several storage and memory names. Micron fell 2.5%, Western Digital slid 2.2% and Seagate dropped 1.7%.

Those peers have been among the standout performers tied to demand for data storage and memory in data centers, with Reuters noting that storage-chip makers such as Micron, Western Digital and Seagate have more than tripled in value in 2025. Reuters

Sandisk positions itself as a provider of “Flash solutions and advanced memory technologies,” according to its company description. Investors typically watch NAND pricing, customer demand and manufacturing costs closely because small changes in pricing or utilization can have an outsized impact on margins in memory markets. Business Wire+1

Ahead of the January 29 report, traders will be looking for detail on pricing, product mix and any signs of supply discipline across the industry, alongside indications of how enterprise SSD demand is tracking into 2026. Any shift in the pace of price increases flagged by industry trackers can also steer sentiment quickly in the group. TrendForce

Before the next U.S. trading session, attention will also turn to a heavy early-January macro calendar. The Labor Department’s monthly jobs report for December 2025 is due January 9, followed by the December CPI report on January 13, according to the Bureau of Labor Statistics schedule. Bureau of Labor Statistics

Rate expectations could swing again later in the month, with the Federal Reserve’s rate-setting meeting scheduled for January 27–28. Markets often reprice high-growth and tech-linked stocks when investors reassess the outlook for interest rates. Federal Reserve

On the chart, Sandisk traded between $235.54 and $241.69 in the last session. Traders often refer to “support” and “resistance” as price areas where buying or selling has tended to show up; for Sandisk, the recent low near $235 and the upper-$240s area are levels many will be watching.

With markets shut on Thursday, Sandisk’s next company-specific checkpoint is the January 29 earnings call. Until then, the stock is likely to take cues from memory pricing headlines and moves in the broader storage and semiconductor complex. Business Wire+1

Stock Market Today

  • Stocks Trading Below Estimated Value Highlighted; Eagle Bancorp, Inter & Co Among Undervalued Names
    January 1, 2026, 1:33 PM EST. Several banks, REITs and tech names show shares trading below estimated fair value, suggesting an undervalued status, according to a cash-flow based screener. Eagle Bancorp (EGBN) trades about $21.42 vs a fair value near $31.99 - a 33% discount to fair value, despite a Q3 net loss of $67.5 million; profitability is expected within three years as revenue is projected to grow ~42% annually. Inter & Co (INT) changes hands around $8.48 with a fair value of $9.43 - a ~10% discount; it posted strong earnings growth but carries a higher bad-loan ratio of 8.8%, which could weigh future profitability. Other names on the list show similar gaps, including VLY, SMA, ISTR, HBNC, HIMS, HFWA, GOTU, DCOM, CCNE and BLLN.
IBM stock slips below $300 heading into 2026 as Wall Street shuts for New Year’s Day
Previous Story

IBM stock slips below $300 heading into 2026 as Wall Street shuts for New Year’s Day

Mastercard stock today: MA ends 2025 lower as Wall Street pauses for New Year’s Day
Next Story

Mastercard stock today: MA ends 2025 lower as Wall Street pauses for New Year’s Day

Go toTop