Sandisk Corporation (NASDAQ:SNDK) Receives $542.85 Consensus PT from Analysts

Shares of Sandisk Corporation (NASDAQ:SNDK) have earned an average recommendation of “Moderate Buy” from the twenty-three research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $542.85.

SNDK has been the subject of a number of analyst reports. Benchmark lifted their target price on Sandisk from $260.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Bank of America lifted their price objective on shares of Sandisk from $300.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. JPMorgan Chase & Co. assumed coverage on shares of Sandisk in a report on Monday, December 8th. They issued a “neutral” rating and a $235.00 price objective for the company. Cantor Fitzgerald raised their target price on shares of Sandisk from $550.00 to $800.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, The Goldman Sachs Group boosted their price target on shares of Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 30th.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Blowout Q2 results and bullish guidance — Sandisk reported revenue up ~61% YoY, an EPS beat and management guided to a dramatic sequential EPS increase ($12–$14), underpinning the fundamental bull case for durable AI-driven demand. The Memory Supercycle Is Here—2 Winners From 1 Breakup
• Positive Sentiment: Extended Kioxia joint‑venture and margin outlook — management’s JV extension and projected next-quarter gross margins (management cited very high margins) reduce near-term wafer supply risk and support pricing power. The Memory Supercycle Is Here—2 Winners From 1 Breakup
• Positive Sentiment: Analyst upgrades and price‑target raises — multiple firms (Barclays, UBS, Cantor Fitzgerald, Citi and others) materially raised targets and reiterated the growth story, which lifted sentiment and early-week buying. Barclays Nearly Doubles SanDisk (SNDK) PT to $750
• Positive Sentiment: Upgrade-driven short-term support — recent analyst upgrades produced follow‑through buying (covered by AmericanBankingNews), contributing to rebounds after pullbacks. Sandisk Shares Up on Analyst Upgrade
• Neutral Sentiment: Technical/short-term trading signals — intraday trading signals and power‑inflow indicators have triggered momentum trades that can amplify moves both ways; these help explain sudden spikes but are not fundamental drivers. Sandisk Shares Rise Over 7% Following Key Trading Signal
• Neutral Sentiment: How to trade the volatility — commentators recommend either buying dips or scaling in because the long‑term AI story remains intact; that guidance affects flow but not fundamentals. Sandisk’s Swings Are Getting Bigger—Here’s How to Play Them
• Negative Sentiment: Profit‑taking and sharp pullbacks — the stock has seen multi‑day reversals (10–16% intraday drops recently) as momentum traders lock gains after the parabolic run, increasing short‑term selling pressure. Why SanDisk stock tumbled 10% today
• Negative Sentiment: Overbought/rotation risk — technical indicators (very high RSI) and notes on a rapid rally raise the risk of deeper pullbacks if demand sentiment cools or memory supply ramps, which can pressure the share price. Sandisk’s Swings Are Getting Bigger—Here’s How to Play Them

Insiders Place Their Bets

In other news, Director Necip Sayiner sold 1,271 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $195.14, for a total transaction of $248,022.94. Following the completion of the sale, the director directly owned 3,479 shares of the company’s stock, valued at $678,892.06. This represents a 26.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Sandisk

A number of large investors have recently made changes to their positions in the business. Whittier Trust Co. acquired a new stake in Sandisk in the 4th quarter worth approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Sandisk in the third quarter valued at approximately $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of Sandisk in the fourth quarter worth $27,000. CVA Family Office LLC bought a new stake in shares of Sandisk during the 3rd quarter worth $28,000. Finally, Westfuller Advisors LLC boosted its holdings in shares of Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after buying an additional 43 shares during the period.

Sandisk Stock Down 1.4%

Shares of NASDAQ SNDK opened at $576.20 on Tuesday. Sandisk has a 12-month low of $27.89 and a 12-month high of $725.00. The stock has a fifty day moving average price of $341.75 and a 200 day moving average price of $194.99. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The company has a market cap of $85.03 billion and a P/E ratio of -75.92.

Sandisk (NASDAQ:SNDK) last issued its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $2.89. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The business’s quarterly revenue was up 61.2% compared to the same quarter last year.

About Sandisk

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.