- SanDisk shares fell 2.8% to $1,445.50 in pre-market trading on October 13, 2026, as investors assessed China's CXMT progress in next-generation DRAM and plans for server-grade DDR5 products by late 2026.
- SanDisk shares dropped 4% on Wednesday despite a partnership with Meta Platforms, which TipRanks linked to reports that China is increasing data storage manufacturing.
- SanDisk will be the exclusive provider of next-generation flash storage for Meta VR Glasses, launching Spring 2027, under its Made for Meta line.
- SanDisk reported Q4 2026 revenue described as exceptionally high year over year as memory prices surged, and management guided to strong revenue for the next quarter.
- Analysts expect the NAND market to remain undersupplied through 2027 and view CXMT's direct threat to SanDisk as limited, since CXMT focuses on DRAM.
- SanDisk's fiscal Q1 2027 earnings call is scheduled for October 29.
- The analyst consensus rating is Strong Buy, based on 15 Buy and two Hold ratings, with an average price target of $2,205.59.
Quotes
“Sandisk’s high-performance microSD Express memory cards integrate seamlessly with new Meta VR Glasses”