SanDisk Shares Fall 8% Pre-Market After a Record Year

SanDisk's revenue hit $20.25 billion in fiscal 2026, up 175% from the prior year, with net income of $11.43 billion, per its August 5 release. Shares fell 8.2% before market open after the company's forecast of $10.3–$10.8 billion disappointed investors expecting more. The drop reflects that expectation gap — not a declining business.