SanDisk Stock Slides 4.4% on Bernstein Warning Over Rising Memory Prices
SNDK•SanDisk shares fell 4.4% after Bernstein warned rising memory prices are curbing OEM and module house purchases, slicing near-term DRAM demand. The company maintained its Q4 revenue outlook but faces mounting Q1 2027 demand risks as memory prices are projected to decline.
1. Bernstein Raises Demand Concerns
Analyst Bernstein highlighted that higher DRAM prices are suppressing consumption, forcing both OEMs and module houses to scale back purchase orders and signaling weakening memory demand.
2. SanDisk Share Price Reaction
In response to the warning, SanDisk stock tumbled 4.4% in intraday trading, reflecting investor anxiety over near-term revenue growth and order visibility.
3. Outlook for Q4 and Q1 2027
While SanDisk reaffirmed its Q4 revenue guidance, the firm cautioned that anticipated memory price declines entering Q1 2027 could further pressure sales volumes and margin performance.
