Sandisk Corporation (NASDAQ:SNDK) stock fell nearly 1% in Wednesday's premarket trading after surging 10.84% in the previous session, as investors awaited the company's fiscal fourth-quarter and full-year 2026 results, due after the closing bell.
The cautious trading came despite a generally positive broader market backdrop, with S&P 500 futures rising 0.34% while Nasdaq futures edged down 0.09%.
Earnings In Focus Sandisk is scheduled to report its fiscal fourth-quarter and full-year 2026 financial results after the closing bell on Wednesday.
With earnings just hours away, investors appeared to be trimming positions following Tuesday's sharp rally while awaiting fresh guidance on NAND pricing, demand trends and the company's outlook.
Wall Street expects Sandisk to report earnings of $33.38 per share, up sharply from 29 cents a year earlier.
