SanDisk Stock Down 47% Before Aug 5 Earnings Call

Why Sandisk Stock Is Sinking Today

Sandisk stock is still up massively over the last year, but it's now down 55% from its high.

SanDisk Stock Down 47% Before Aug 5 Earnings Call

SanDisk stock has moved from market darling to stress test in just over a month. SNDK closed at $1,278.23 on July 27, down 11.02% for the day, while Google Finance listed its 52-week high at $2,354.39 and after-hours price at $1,245.06. That puts the stock roughly 47% below its high after one of the sharpest pullbacks in the 2026 memory trade. Google Finance data shows the stock still trades at a P/E ratio near 44, so the fall has not made the v…

Sandisk Slumps 55% in July; Valuation Depends on Keeping 80% Margins

NEW YORK, July 29, 2026, 11:07 a.m. EDT — Sandisk shares have tumbled 55% this July, leaving the stock trading at what appears to be a discount, but the outlook hinges on whether the company's 80% margins remain intact. Sandisk dropped 6.4% to $1,026.08, pushing its loss in July to 54.9%. As of Tuesday, three…

SanDisk stock falls as Wyckoff theory flags a risky phase

SanDisk stock continued its strong retreat as investors continued selling memory shares. SNDK dropped to $1,204 in the premarket, reaching its lowest level since May 1. It has slumped by 45% from its all-time high, and the Wyckoff Theory suggests that it has more downside to go.SanDisk stock technicals point to a retreatSNDK stock price has been in a strong freefall in the past few weeks, moving from a record high of $2,355 on June 23 to $1,204 …

If you bought $1,000 of SanDisk stock a month ago you’d now have this much

SanDisk (NASDAQ: SNDK) stock enjoyed an exceptionally strong run between getting spun off from Western Digital in early 2025 and late June 2026, with a 6,000% upsurge from about $36 to $2,354. The rally, however, came at a cost of SNDK becoming the most overbought equity in history by mid-June, with its relative strength index (RSI) crossing above 99 and signalling to investors that they should, at least temporarily, refrain from buying. By pres…