Passing data between two sibling React.js components

I created a jsfiddle with an example of how to share a variable between two components using a parent component.

class Parent extends React.Component {
    constructor(props) {
        super(props);
        this.state = {shared_var: "init"};
    }

    updateShared(shared_value) {
        this.setState({shared_var: shared_value});
    }

    render() {
        return (
            <div>
                <CardSearch shared_var={this.state.shared_var} updateShared={this.updateShared} />
                <RunOnServer shared_var={this.state.shared_var} updateShared={this.updateShared} />
                <div> The shared value is {this.state.shared_var} </div>
            </div>
        );
    }
}

class CardSearch extends React.Component {
    updateShared() {
        this.props.updateShared('card');
    }

    render() {
        return (
            <button onClick={this.updateShared} style={this.props.shared_var == 'card' ? {backgroundColor: "green"} : null} >
            card
            </button>
        );
    }
}

class RunOnServer extends React.Component {
    updateShared() {
        this.props.updateShared('run');
    }

    render() {
        return (
            <button onClick={this.updateShared} style={this.props.shared_var == 'run' ? {backgroundColor: "green"} : null}>
            run
            </button>
        );
    }
}


ReactDOM.render(
  <Parent/>,
  document.getElementById('container')
);

As of 2020, Feb; Context API is the way to handle this:

// First you need to create the TodoContext


// Todo.jsx
//...
export default () => {
  return(
    <>
      <TodoContextProvider>
        <TodoList />
        <TodoCalendar />
      </TodoContextProvider>
    </>
  )
}

// Now in your TodoList.jsx and TodoCalendar.jsx; you can access the TodoContext with:
//...
const todoContext = React.useContext(TodoContext);
console.log(todoContext)
//...
//...

Check this video tutorial by The Net Ninja for Hooks & Context API

Good Luck...