Sandisk Corporation (SNDK)

US — Technology Sector
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Key Metrics & Ratings

  • symbol SNDK
  • Rev/Share 24.6276
  • Book/Share 63.1793
  • PB 0.7373
  • Debt/Equity 0.2125
  • CurrentRatio 3.7018
  • ROIC -0.1538

 

  • MktCap 6768071205.0
  • FreeCF/Share -5.2916
  • PFCF -8.8209
  • PE -3.6928
  • Debt/Assets 0.1502
  • DivYield 0
  • ROE -0.1729

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 4
  • P/B Score 5
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation SNDK BofA Securities -- Buy -- $61 June 18, 2025
Initiation SNDK Arete -- Neutral -- $63 June 9, 2025
Initiation SNDK The Benchmark Company -- Buy -- $58 May 27, 2025
Initiation SNDK Exane BNP Paribas -- Neutral -- $32 April 23, 2025
Initiation SNDK Susquehanna -- Positive -- $70 April 3, 2025
Initiation SNDK Wedbush -- Outperform -- $80 March 24, 2025
Initiation SNDK Mizuho -- Outperform -- $60 March 10, 2025
Initiation SNDK Cantor Fitzgerald -- Overweight -- $60 March 7, 2025
Initiation SNDK Barclays -- Equal Weight -- $50 March 5, 2025
Initiation SNDK Morgan Stanley -- Overweight -- $84 March 3, 2025

News

SanDisk Gets Wall Street Boost As Rising Chip Prices, Smart Spending Boosts Margins
SNDK
Published: June 18, 2025 by: Benzinga
Sentiment: Positive

BofA Securities analyst Wamsi Mohan initiated coverage on SanDisk SNDK with a Buy rating and a price target of $61 on Wednesday.

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image for news SanDisk Gets Wall Street Boost As Rising Chip Prices, Smart Spending Boosts Margins
SanDisk earns ‘Buy' rating in initial coverage from Bank of America, sending shares higher
SNDK
Published: June 18, 2025 by: Proactive Investors
Sentiment: Positive

SanDisk (NASDAQ:SNDK) shares moved higher after Bank of America initiated coverage on the developer and manufacturer of data storage devices based on NAND flash technology with a ‘Buy' rating and price objective of $61, representing upside of about 38% at the time of writing. The analysts explained that their ‘Buy' thesis is supported by several key factors, including improving memory pricing as the supply-demand balance shifts positively and room for profit margins to expand due to both the pricing trajectory and operating leverage.

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image for news SanDisk earns ‘Buy' rating in initial coverage from Bank of America, sending shares higher
Sandisk Announces Pricing of Upsized Secondary Offering of Common Stock
SNDK
Published: June 06, 2025 by: Business Wire
Sentiment: Neutral

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the pricing of a secondary public offering (the “Offering”) of 18,534,581 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company's former parent (“WDC”). The size of the offering reflects an increase from the 17,000,000 shares of common stock originally proposed to be sold. The SNDK Shares will be offered at a public offering pric.

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image for news Sandisk Announces Pricing of Upsized Secondary Offering of Common Stock
SanDisk Corporation: The Technology Is Still Not Economical For Mass Adoption
SNDK
Published: June 02, 2025 by: Seeking Alpha
Sentiment: Positive

Sandisk Corporation posted a sequential revenue decline and a large GAAP loss due to a goodwill impairment, but beat non-GAAP EPS estimates. Gross margins deteriorated sharply, and oversupply is pressuring prices, but management expects gradual margin and profitability recovery next quarter. SanDisk's long-term outlook is tied to SSD adoption; the company must weather current downturns and maintain profitability until SSDs gain enterprise traction.

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image for news SanDisk Corporation: The Technology Is Still Not Economical For Mass Adoption
Sandisk Announces Participation in Investor Conference
SNDK
Published: May 06, 2025 by: Business Wire
Sentiment: Neutral

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that management will participate at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 13, at 2:10 p.m. PT / 5:10 p.m. ET. The management presentation will be available as a live webcast, accessible through Sandisk's Investor Relations website at investor.sandisk.com. An archived replay will be accessible through the website after the conclusion of the presentati.

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image for news Sandisk Announces Participation in Investor Conference
2 Bull Notes Making Noise on Wall Street Today
MOS, SNDK
Published: March 03, 2025 by: Schaeffers Research
Sentiment: Positive

Wall Street analysts are making waves this morning with fresh upgrades that have sent SanDisk Corp (NASDAQ:SNDK) and Mosaic Co (NYSE:MOS) higher in this morning's trading.

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image for news 2 Bull Notes Making Noise on Wall Street Today

About Sandisk Corporation (SNDK)

  • IPO Date 1995-11-08
  • Website http://www.sandisk.com
  • Industry Hardware, Equipment & Parts
  • CEO Mr. David V. Goeckeler
  • Employees 12000

SanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology. Its products include solid state drives. embedded products, removable cards, universal series bus, and wafers and components. The company was founded on June 1, 1988 and is headquartered in Milipitas, CA.