We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Sandisk, Monolithic Power Systems, Garmin and Corning
Read MoreHide Full Article
For Immediate Releases
Chicago, IL – April 23, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Sandisk (SNDK - Free Report) , Monolithic Power Systems (MPWR - Free Report) , Garmin (GRMN - Free Report) and Corning (GLW - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
4 Top-Ranked Technology Stocks Set to Beat Q1 Earnings Expectations
The technology sector is gaining momentum from the ongoing wave of digital transformation, driven by the rapid adoption of Artificial Intelligence (AI) and cloud computing. Increasing use of AI technologies — particularly Generative AI (GenAI) and agentic AI — has accelerated demand for high-performance computing and data center infrastructure, supporting growth in semiconductors, AI accelerators and related services.
At the same time, AI deployment is advancing industrial automation through greater use of the Internet of Things (IoT), robotics, and automated systems. While still in its early stages, quantum computing is beginning to show potential for tackling complex challenges in areas such as drug discovery and logistics.
These factors bode well for technology stocks, a number of which are set to report quarterly results over the next couple of weeks. We pick four technology stocks — Sandisk , Monolithic Power Systems, Garmin and Corning — well-poised to beat earnings estimates this season.
Technology Stocks Riding on AI Boom, Investments
AI demand is escalating, and that has increased the need for data center capacity expansion. Per Gartner, global AI spending is expected to hit $2.5 trillion in 2026, indicating 44% growth over 2025.
Massive investment in chips, particularly graphics processing units (GPUs), and customized accelerators is driving demand for semiconductors. Demand for advanced process technologies (3 nm and 5 nm) is increasing. Per the Semiconductor Industry Association data, semiconductor sales in February 2026 were $88.8 billion, up 61.8% year over year and 7.6% month over month. In January, sales were $82.5 billion, up 3.7% month over month and 46.1% year over year.
Moreover, the PC segment witnessed modest growth in the first quarter of 2026. IDC estimates 65.6 million units were sold, up 2.5% year over year.
How to Pick Earnings Estimates Beating Stocks?
Finding technology stocks with the potential to beat earnings estimates can be daunting. Our proprietary methodology, however, makes it fairly simple.
You could narrow down the list of choices by looking at stocks that have the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Earnings ESP is our proprietary methodology for determining stocks that have the best chances to surprise with their next earnings announcement. It is the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate.
Our research shows that for stocks with this combination of ingredients, the odds of a positive earnings surprise are as high as 70%.
Sandisk is benefiting from strong demand for NAND storage products, which has transitioned from a commodity, cyclical market to a strategic, AI-driven infrastructure layer. NAND is the most scalable storage semiconductor, making it essential in AI architectures. NAND usage is driven by the need for higher storage per workload and the growing deployment of larger models. SNDK is riding on an accelerating enterprise SSD demand based on the aforesaid factors.
The Zacks Consensus Estimate for earnings has jumped 19% to $13.92 per share over the past month. The company is scheduled to report third-quarter fiscal 2026 results on April 30.
Kirkland, WA-based Monolithic Power Systems currently has an Earnings ESP of +0.78% and a Zacks Rank #2. The company is scheduled to report first-quarter 2026 results on April 30.
Monolithic benefits from its robust product portfolio that targets In-Car connectivity and infotainment, advanced driver assistance systems, and rapid adoption of LED lighting in cars and vehicles. Being a fabless company, MPWR works with third-party contractors and chip assemblers for the manufacturing, assembling and testing of wafers and ICs.
The consensus mark for earnings has been steady at $4.89 per share over the past month and suggests 21% growth over the figure reported in the year-ago quarter.
Olathe, KS-based Garmin is set to report first-quarter 2026 results on April 29. The company has an Earnings ESP of +0.54% and a Zacks Rank of 2.
Garmin is benefiting from strong momentum across the Fitness and Auto OEM segments. Strong momentum across the Aviation, Marine and Outdoor segments is an upside. While strength in the Fitness segment is primarily attributed to advanced wearables demand, Auto OEM revenues are driven by increased shipments of domain controllers.
The consensus estimate for GRMN’s first-quarter earnings has increased by a penny to $1.84 per share over the past 30 days and indicates 14.3% growth over the figure reported in the year-ago quarter.
New York-based Corning is scheduled to report its first-quarter 2025 results on April 28. The company has an Earnings ESP of +0.58% and a Zacks Rank #2.
Corning continues to focus on developing state-of-the-art cover materials, which have been deployed on more than 8 billion devices. GLW’s portfolio, consisting of optical fiber, hardware, cables and connectors, enables it to create optical solutions to meet evolving customer needs. Corning’s focus on AI integration is positive.
The Zacks Consensus Estimate for earnings has increased by a penny to 70 cents per share over the past month and suggests 29.6% growth over the figure reported in the year-ago quarter.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
The Zacks Analyst Blog Sandisk, Monolithic Power Systems, Garmin and Corning
For Immediate Releases
Chicago, IL – April 23, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Sandisk (SNDK - Free Report) , Monolithic Power Systems (MPWR - Free Report) , Garmin (GRMN - Free Report) and Corning (GLW - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
4 Top-Ranked Technology Stocks Set to Beat Q1 Earnings Expectations
The technology sector is gaining momentum from the ongoing wave of digital transformation, driven by the rapid adoption of Artificial Intelligence (AI) and cloud computing. Increasing use of AI technologies — particularly Generative AI (GenAI) and agentic AI — has accelerated demand for high-performance computing and data center infrastructure, supporting growth in semiconductors, AI accelerators and related services.
At the same time, AI deployment is advancing industrial automation through greater use of the Internet of Things (IoT), robotics, and automated systems. While still in its early stages, quantum computing is beginning to show potential for tackling complex challenges in areas such as drug discovery and logistics.
These factors bode well for technology stocks, a number of which are set to report quarterly results over the next couple of weeks. We pick four technology stocks — Sandisk , Monolithic Power Systems, Garmin and Corning — well-poised to beat earnings estimates this season.
Technology Stocks Riding on AI Boom, Investments
AI demand is escalating, and that has increased the need for data center capacity expansion. Per Gartner, global AI spending is expected to hit $2.5 trillion in 2026, indicating 44% growth over 2025.
Massive investment in chips, particularly graphics processing units (GPUs), and customized accelerators is driving demand for semiconductors. Demand for advanced process technologies (3 nm and 5 nm) is increasing. Per the Semiconductor Industry Association data, semiconductor sales in February 2026 were $88.8 billion, up 61.8% year over year and 7.6% month over month. In January, sales were $82.5 billion, up 3.7% month over month and 46.1% year over year.
Moreover, the PC segment witnessed modest growth in the first quarter of 2026. IDC estimates 65.6 million units were sold, up 2.5% year over year.
How to Pick Earnings Estimates Beating Stocks?
Finding technology stocks with the potential to beat earnings estimates can be daunting. Our proprietary methodology, however, makes it fairly simple.
You could narrow down the list of choices by looking at stocks that have the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Earnings ESP is our proprietary methodology for determining stocks that have the best chances to surprise with their next earnings announcement. It is the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate.
Our research shows that for stocks with this combination of ingredients, the odds of a positive earnings surprise are as high as 70%.
Top Bets
Milpitas, CA-based Sandisk has an Earnings ESP of +2.59% and currently sports a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sandisk is benefiting from strong demand for NAND storage products, which has transitioned from a commodity, cyclical market to a strategic, AI-driven infrastructure layer. NAND is the most scalable storage semiconductor, making it essential in AI architectures. NAND usage is driven by the need for higher storage per workload and the growing deployment of larger models. SNDK is riding on an accelerating enterprise SSD demand based on the aforesaid factors.
The Zacks Consensus Estimate for earnings has jumped 19% to $13.92 per share over the past month. The company is scheduled to report third-quarter fiscal 2026 results on April 30.
Sandisk Corporation price-eps-surprise | Sandisk Corporation Quote
Kirkland, WA-based Monolithic Power Systems currently has an Earnings ESP of +0.78% and a Zacks Rank #2. The company is scheduled to report first-quarter 2026 results on April 30.
Monolithic benefits from its robust product portfolio that targets In-Car connectivity and infotainment, advanced driver assistance systems, and rapid adoption of LED lighting in cars and vehicles. Being a fabless company, MPWR works with third-party contractors and chip assemblers for the manufacturing, assembling and testing of wafers and ICs.
The consensus mark for earnings has been steady at $4.89 per share over the past month and suggests 21% growth over the figure reported in the year-ago quarter.
Monolithic Power Systems, Inc. price-eps-surprise | Monolithic Power Systems, Inc. Quote
Olathe, KS-based Garmin is set to report first-quarter 2026 results on April 29. The company has an Earnings ESP of +0.54% and a Zacks Rank of 2.
Garmin is benefiting from strong momentum across the Fitness and Auto OEM segments. Strong momentum across the Aviation, Marine and Outdoor segments is an upside. While strength in the Fitness segment is primarily attributed to advanced wearables demand, Auto OEM revenues are driven by increased shipments of domain controllers.
The consensus estimate for GRMN’s first-quarter earnings has increased by a penny to $1.84 per share over the past 30 days and indicates 14.3% growth over the figure reported in the year-ago quarter.
Garmin Ltd. price-eps-surprise | Garmin Ltd. Quote
New York-based Corning is scheduled to report its first-quarter 2025 results on April 28. The company has an Earnings ESP of +0.58% and a Zacks Rank #2.
Corning continues to focus on developing state-of-the-art cover materials, which have been deployed on more than 8 billion devices. GLW’s portfolio, consisting of optical fiber, hardware, cables and connectors, enables it to create optical solutions to meet evolving customer needs. Corning’s focus on AI integration is positive.
The Zacks Consensus Estimate for earnings has increased by a penny to 70 cents per share over the past month and suggests 29.6% growth over the figure reported in the year-ago quarter.
Corning Incorporated price-eps-surprise | Corning Incorporated Quote
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.