NEW YORK, January 1, 2026, 04:30 ET — Market closed
- Sandisk shares last closed down 1.2% at $237.38 in the final session of 2025
- The company has scheduled its fiscal second-quarter earnings call for Jan. 29
- Next focus: NAND flash pricing, data-center SSD demand, and early-January U.S. macro data
Sandisk Corp shares slipped 1.2% to $237.38 in the final trading session of 2025, after the flash-memory maker set late January for its next earnings update. The stock traded between $235.54 and $241.69, with about 4.2 million shares changing hands.
The timing matters because Sandisk was one of 2025’s standout performers, leaving investors focused on whether the company can extend a run that has already repriced expectations for growth and margins.
Sandisk’s business is tied to NAND flash, a type of memory used in solid-state drives and storage devices. NAND pricing can swing quickly when supply tightens or eases, and that shows up fast in profit margins.
Sandisk said it will hold its fiscal second-quarter earnings conference call on Jan. 29 at 4:30 p.m. ET, with a webcast and replay available online.
The stock’s year-end dip came in a broader pullback as Wall Street finished 2025’s final session lower in thin holiday trading, even as major indexes booked strong annual gains.
In its most recent results, Sandisk posted quarterly revenue of $2.31 billion and non-GAAP earnings of $1.22 per share, and forecast fiscal second-quarter revenue of $2.55 billion to $2.65 billion with non-GAAP earnings of $3.00 to $3.40 per share. Non-GAAP is the company’s adjusted figure that excludes certain expenses it says can obscure day-to-day performance. “Customers are turning to Sandisk for our leading technology and products … at a time when demand is strengthening,” CEO David Goeckeler said. Business Wire
Investors heading into the Jan. 29 report are likely to focus on updates to gross margin — the share of sales left after manufacturing costs — and how quickly the company can ramp enterprise solid-state drives used in data centers. They will also be watching commentary on BiCS8, Sandisk’s newer NAND technology, because lower cost-per-bit can translate into better margins when pricing holds.
Sandisk also trades in a crowded storage landscape, where peers have been lifted by AI-driven demand for data infrastructure and memory components. Shares of Western Digital and Seagate have been among the best-performing data-storage names in 2025, as companies race to build out AI-related capacity.
Macro signals remain in play for growth-linked tech stocks. U.S. weekly jobless claims fell to 199,000 in the latest report, keeping attention on the labor market and the Federal Reserve’s rate path.
U.S. stock markets are closed on Thursday for New Year’s Day, with trading resuming after the holiday, according to the Nasdaq holiday schedule.
Before the next session, traders will be watching whether risk appetite returns after the late-December drift lower, especially in high-beta chip and hardware names.
The early January calendar brings two of the biggest macro catalysts for rate expectations: the U.S. employment report for December on Jan. 9 and the consumer price index report for December on Jan. 13.
