Sandisk Corporation (NASDAQ:SNDK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Sandisk Corporation (NASDAQ:SNDK) has received an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and three have assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $239.1667.

Several analysts recently commented on the company. JPMorgan Chase & Co. initiated coverage on Sandisk in a research report on Monday, December 8th. They set a “neutral” rating and a $235.00 price target for the company. Wells Fargo & Company increased their target price on shares of Sandisk from $115.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. Bank of America upped 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. Finally, Wall Street Zen downgraded shares of Sandisk from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 27th.

Sandisk Price Performance

Shares of NASDAQ SNDK opened at $389.81 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.03 and a current ratio of 3.29. The firm has a fifty day moving average of $248.58 and a 200 day moving average of $141.42. The firm has a market cap of $57.13 billion and a PE ratio of 1,218.16. Sandisk has a one year low of $27.89 and a one year high of $398.00.

Sandisk (NASDAQ:SNDK) last announced its earnings results on Thursday, November 6th. The data storage provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.64. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.12 billion. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. Sandisk has set its Q2 2026 guidance at 3.000-3.40 EPS.

Insider Transactions at Sandisk

In other Sandisk 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 value of $248,022.94. Following the completion of the sale, the director directly owned 3,479 shares in the company, valued at $678,892.06. This represents a 26.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sandisk

A number of hedge funds have recently modified their holdings of SNDK. RWC Asset Management LLP purchased a new stake in shares of Sandisk in the 3rd quarter valued at $6,892,000. Parnassus Investments LLC acquired a new stake in shares of Sandisk during the third quarter worth about $103,815,000. Voya Investment Management LLC purchased a new position in shares of Sandisk in the third quarter valued at approximately $8,917,000. Romano Brothers AND Company acquired a new position in shares of Sandisk in the third quarter valued at approximately $693,000. Finally, Deprince Race & Zollo Inc. acquired a new stake in Sandisk during the 3rd quarter worth approximately $39,480,000.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI/inference demand and hyperscaler wins are driving a 52-week high and fundamental upside: Zacks highlights BiCS8 technology and expanding hyperscaler partnerships as reasons SNDK looks worth buying. SNDK Hits a 52-Week High: 3 Reasons Why the Stock is Worth Buying Now
• Positive Sentiment: Macro shift from AI training to inference is cited as a durable demand driver that could sustain revenue/pricing for Sandisk. Seeking Alpha argues inference-led growth supports continued upside. AI Inference Is Why Sandisk Will Keep Exploding Higher
• Positive Sentiment: Media coverage and momentum trades are amplifying flows: The Motley Fool and Forbes note big multi-month gains and heavy investor demand, helping push shares into momentum territory. Up 948%, Should You Buy Sandisk Right Now?
• Positive Sentiment: Reports that Sandisk could raise 3D NAND prices materially support margin and revenue upside, which traders rewarded with a sharp share jump. As SanDisk Eyes Doubling Memory Prices, Should You Buy Red-Hot SNDK Stock?
• Positive Sentiment: High-profile endorsements and analyst attention — including Jim Cramer coverage and Zacks’ “Bull of the Day” — are reinforcing retail and institutional interest. Sandisk (SNDK) is at the Heart of Everything, Says Jim Cramer
• Neutral Sentiment: Market commentary asks whether the rally can hold as momentum trades dominate; Barchart examines sustainability without new fundamental news. As SanDisk Kicks Off 2026 Strong, Can SNDK’s Stock Rally Hold?
• Neutral Sentiment: Trading-focused coverage (video/options ideas) is fueling short-term flows rather than long-term fundamental changes. The Big 3: SNDK, BIDU, COF
• Negative Sentiment: Short interest rose in December to ~8.8M shares (about 6% of float) with a low days-to-cover, which can amplify volatility and indicate some investor skepticism. (Internal short-interest reports)
• Negative Sentiment: Valuation and momentum risk: the stock’s rapid run-up and a very high P/E leave it exposed to sharp reversals if NAND pricing or AI demand disappoints. (Market/valuation observation)

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.