Sandisk Corporation (NASDAQ:SNDK) Receives Consensus Rating of “Moderate Buy” from Analysts

Sandisk Corporation (NASDAQ:SNDK) has earned an average recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $594.4762.

A number of research firms have recently issued reports on SNDK. Wall Street Zen upgraded shares of Sandisk from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. China Renaissance initiated coverage on Sandisk in a report on Friday, December 5th. They issued a “buy” rating and a $322.00 price target on the stock. Sanford C. Bernstein raised their price objective on Sandisk from $300.00 to $580.00 and gave the company an “outperform” rating in a research note on Wednesday, January 14th. Raymond James Financial raised Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 price objective for the company in a report on Friday, January 30th. Finally, Susquehanna boosted their target price on Sandisk from $250.00 to $300.00 and gave the stock a “positive” rating in a research report on Monday, December 8th.

Sandisk Stock Down 0.0%

Sandisk stock opened at $702.48 on Wednesday. The stock’s 50 day moving average price is $592.97 and its 200 day moving average price is $334.21. Sandisk has a 1-year low of $27.89 and a 1-year high of $777.60. The company has a market cap of $103.69 billion and a PE ratio of -92.55. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92.

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

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Bank of America raised its price target to $900 and keeps a “buy” rating, reinforcing analyst optimism and giving the stock a clear near‑term upside reference for investors. SanDisk Corp Stock (SNDK) Jumps on a Raised Price Target from a Top Analyst
• Positive Sentiment: Research notes (Zacks) highlight Sandisk’s accelerating data‑center SSD revenue and multi‑year supply deals tied to AI infrastructure, supporting a fundamental growth thesis that could sustain higher multiples if adoption continues. SNDK vs. ADI: Which Semiconductor Stock Has an Edge in Data Centers?
• Positive Sentiment: Bullish retail/independent writeups (InsiderMonkey, Reddit summaries) are circulating a growth/AI thesis that has helped momentum traders and retail buyers remain engaged. Is Sandisk Corporation (SNDK) A Good Stock To Buy Now?
• Neutral Sentiment: Multiple “Is SNDK a buy?” articles (MSN/Zacks/Barron’s mentions) are increasing retail interest and search volume; these drive flows but offer mixed conclusions, so they amplify volatility without a clear directional catalyst. Is SanDisk Corporation (SNDK) a good stock to buy now?
• Neutral Sentiment: Multiple short‑interest posts claim a “large increase” in March shorting, but the reported figures show 0 shares and NaN changes — indicating a likely reporting/data error. Treat short‑interest signals as unreliable until corrected.
• Negative Sentiment: Counterpoints argue the stock’s multi‑year rally and >100% YTD gains may be overextended absent a sustained AI supercycle; such views increase the risk of a pullback if order momentum or gross‑margin improvement disappoints. SanDisk Stock’s Breakout Looks Overdone—Unless the AI Supercycle Is Real

Insider Transactions at Sandisk

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the completion of the transaction, the director owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.21% of the company’s stock.

Institutional Trading of Sandisk

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. purchased a new position in Sandisk in the 3rd quarter valued at about $1,970,388,000. State Street Corp raised its position in shares of Sandisk by 20.7% in the fourth quarter. State Street Corp now owns 5,281,522 shares of the data storage provider’s stock valued at $1,253,728,000 after buying an additional 904,933 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Sandisk by 44.9% in the fourth quarter. Geode Capital Management LLC now owns 3,655,860 shares of the data storage provider’s stock valued at $866,310,000 after buying an additional 1,133,276 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Sandisk by 31.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,478,002 shares of the data storage provider’s stock valued at $825,608,000 after buying an additional 828,332 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Sandisk by 7.2% during the fourth quarter. Morgan Stanley now owns 2,970,361 shares of the data storage provider’s stock valued at $705,105,000 after buying an additional 199,545 shares during the period.

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.