Sandisk Corporation Common Stock (SNDK)

• Market cap: $13.3B
• 1 day: 1.62%
• 5 days: 26.42%
• 1 month: 101.12%
• 3 months: 107.08%
• 6 months: 64.51%
• Year to date: 154.31%
• 1 year: 154.31%
• 5 years: 154.31%
• 10 years: 154.31%
• Sector: Technology
• Industry: Computer Hardware

About: Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.

Employees: 11,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

42% more call options, than puts

Call options by funds: $142M | Put options by funds: $99.8M

22% more capital invested

Capital invested by funds: $5.14B [Q1] → $6.28B (+$1.14B) [Q2]

1.34% more ownership

Funds ownership: 93.93% [Q1] → 95.27% (+1.34%) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 124

1% less funds holding

Funds holding: 410 [Q1] → 406 (-4) [Q2]

1% less first-time investments, than exits

New positions opened: 93 | Existing positions closed: 94

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50
• Avg. target: $73
• High target: $120

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Bernstein	$120	Outperform Initiated	16 Sep 2025
Morgan Stanley Joseph Moore	$96	Overweight Maintained	11 Sep 2025
Citigroup Asiya Merchant	$80	Buy Maintained	8 Sep 2025
Benchmark Mark Miller	$85	Buy Maintained	8 Sep 2025
Wells Fargo Aaron Rakers	$50	Equal-Weight Maintained	15 Aug 2025