SanDisk, Western Digital, AppLovin Corp., SoundHound AI and Figma: Why These 5 Stocks Are on Investors' Radars Today

Sandisk Corporation
SoundHound AI
AppLovin
Western Digital Corporation
Figma

Sandisk Corporation

SNDK

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SoundHound AI

SOUN

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AppLovin

APP

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Western Digital Corporation

WDC

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Figma

FIG

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Major U.S. indices ended Wednesday on a mixed note, with the Dow Jones Industrial Average rising 0.49% to 54,349.12, while the S&P 500 slipped 0.17% to 7,723.55 and the Nasdaq declined 0.83% to 26,363.43.

These are the top stocks that gained the attention of retail traders and investors through the day:

SanDisk Corp. (NASDAQ:SNDK)

SanDisk shares fell 5.40% to close at $1,350.50, with an intraday high of $1,441.76 and a low of $1,345. The stock’s 52-week range is between $40.53 and $2,354.39. In after-hours trading, the stock dropped 7.96% to $1,243.

Sandisk reported fourth-quarter EPS of $39.25, beating estimates of $34.45, while revenue surged to $8.97 billion, topping the $8.39 billion consensus. The strong performance was driven by higher pricing and a sharp shift toward higher-value customers, with data center revenue jumping 437% year over year.

The company also expanded its share repurchase program by $14 billion, bringing total buyback authorization to $15.5 billion. Despite the earnings beat and capital return plan, shares fell in after-hours trading.

Western Digital Corp. (NASDAQ:WDC)

Western Digital’s stock decreased by 5.36%, closing at $519.17, with a high of $564.66 and a low of $518.28. The 52-week range is $73.14 to $799.87. The shares crashed 11.78% to $458 in extended trading.

Western Digital reported fourth-quarter revenue of $3.75 billion and adjusted EPS of $3.56, beating analyst estimates, as revenue increased from $2.61 billion a year earlier.

The company guided for first-quarter fiscal 2027 revenue of $4.0 billion to $4.2 billion and adjusted EPS of $3.85 to $4.15, both ahead of Wall Street expectations, citing broadening demand, deeper customer engagement and confidence in continued margin expansion and free cash flow growth.

AppLovin Corp. (NASDAQ:APP)

AppLovin saw a slight decline of 0.45%, ending the day at $417.80, with highs and lows of $437.79 and $416.09, respectively. The stock’s 52-week range is $359 to $745.61. In after-hours trading, the stock plummeted 15.87% to $351.51.

AppLovin reported second-quarter revenue of $1.924 billion, missing analyst estimates, while adjusted EPS of $3.76 beat expectations. Revenue rose 53% year over year, with the company generating $869 million in operating cash flow and $863.3 million in free cash flow.

The company guided for third-quarter revenue of $2.055 billion to $2.085 billion, broadly in line with estimates, and forecast adjusted EBITDA of $1.71 billion to $1.74 billion. It also repurchased $551.3 million of stock during the quarter and ended with approximately $3.05 billion in cash and cash equivalents.

SoundHound AI Inc. (NASDAQ:SOUN)

SoundHound AI’s stock dropped 1.23% to $6.43, with an intraday high of $6.59 and a low of $6.37. The 52-week range is $5.65 to $22.17. In after-hours trading, the stock shot up 22.01% to $7.85.

SoundHound AI reported second-quarter revenue of $61.9 million and an adjusted loss of 2 cents per share, beating analyst estimates on both metrics. Revenue increased 45% year over year, while the company ended the quarter with $203 million in cash and cash equivalents.

The company raised the low end of its full-year 2026 revenue guidance to $230 million from $225 million, maintaining the upper end at $260 million, as management highlighted strong enterprise demand for voice and agentic AI and continued platform momentum.

Figma Inc. (NYSE:FIG)

Figma’s stock rose 3.80% to close at $28.15, with a high of $28.48 and a low of $27.17. The stock’s 52-week range is $16.60 to $91.49. In the after-hours session, the stock fell sharply by 15.56% to $23.77.

Figma reported second-quarter revenue of $370.1 million and adjusted EPS of 8 cents, beating analyst estimates on both metrics, with revenue rising 48% year over year. The company also generated $60.9 million in operating cash flow and $53.2 million in free cash flow.

Figma raised its full-year revenue guidance to $1.463 billion–$1.467 billion and forecast third-quarter revenue of $373 million–$375 million, both above Wall Street expectations, while highlighting strong customer expansion and a 136% net dollar retention rate.

Benzinga Edge Stock Rankings indicate SanDisk stock has a Momentum score in the 99th percentile and a Value score in the 8th percentile.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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