The 2026 Q1 earnings cycle continues to maneuver alongside following final week’s releases from a number of large banks, with the general scorecard remaining properly optimistic up to now. The broader revisions pattern stays on an upward trajectory, with optimistic estimates coming in throughout a number of sectors.
And all through the Q1 cycle, a number of firms – SanDisk SNDK and Western Digital WDC – are forecasted to see robust progress, with their roles within the AI frenzy an enormous motive.
SanDisk Retains Climbing
SanDisk shares have been melting larger in 2026 as its vital function in AI infrastructure turns into more and more acknowledged. The inventory is up greater than 280% YTD, posting one of many strongest performances we’ve seen from the AI-related shares.
AI is driving an enormous surge in storage demand, which is the place SanDisk is available in. NAND costs are rising quickly, with AI information facilities, cloud suppliers, and edge units all needing extra high-speed storage. The inventory sports activities the extremely coveted Zacks Rank #1 (Robust Purchase), with EPS revisions hovering throughout the board, with the EPS estimate for the soon-to-be-reported interval up almost 20% over current months.
Picture Supply: Zacks Funding Analysis
The expansion outlook for the upcoming launch stays strong, with the Zacks Consensus Gross sales estimate of $4.6 billion reflecting a 170% year-over-year enhance. Earnings progress can also be forecasted to be outsized, with the $13.92 per share consensus estimate hovering from the -$0.30 per share loss a yr in the past.
High line revisions have been notably bullish as nicely over current months, as proven beneath.
Picture Supply: Zacks Funding Analysis
Western Digital Development Stays Sturdy
WDC shares have been mighty robust as nicely in 2026, gaining greater than 120% YTD. Western Digital offers scalable, sustainable expertise for hyperscalers, enterprises, and cloud suppliers, offering cutting-edge innovation that’s anticipated to drive the following technology of AI-driven information workloads.
EPS revisions stay on an upward trajectory throughout the board, with the upcoming launch’s estimate of $2.39 modestly larger than the place it stood a couple of months again. Present consensus estimates for the upcoming launch allude to 40% YoY gross sales progress on 75% larger earnings, persevering with its current progress streak properly.
Picture Supply: Zacks Funding Analysis
The gross sales estimate for the quarter has remained steady over current months however remains to be larger than the place it stood close to the top of January, up roughly 7% over that timeframe.
Picture Supply: Zacks Funding Analysis
Backside Line
The 2026 Q1 earnings season is nicely underway, with many firms on deck within the coming weeks. It appears to be one other interval of positivity, with the general earnings outlook supported by rising estimate revisions throughout a number of sectors.
And all through the interval, preserve a watch out for outcomes from SanDisk SNDK and Western Digital WDC, that are each anticipated to see outsized progress on the again of their favorable place within the AI craze.
Past Nvidia: AI’s Second Wave Is Right here
The AI revolution has already minted millionaires. However the shares everybody is aware of about aren’t more likely to preserve delivering the most important income. Little-known AI corporations tackling the world’s greatest issues could also be extra profitable within the coming months and years.
Western Digital Company (WDC) : Free Inventory Evaluation Report
Sandisk Company (SNDK) : Free Inventory Evaluation Report
This text initially printed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
