SNDK
Sandisk Corporation Common StockSNDK
SNDK
About: SanDisk Corp 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 majority 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: 8,790
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
93.86% more ownership
Funds ownership: 0% [Q4 2024] → 93.86% (+93.86%) [Q1 2025]
71% more call options, than puts
Call options by funds: $175M | Put options by funds: $102M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$39
8%
downside
Avg. target
$59
38%
upside
High target
$80
88%
upside
7 analyst ratings
5 positive
71%
2 neutral
29%
0 negative
0%
Benchmark Mark Miller | 36%upside $58 | Buy Initiated | 27 May 2025 |
Wells Fargo Aaron Rakers | 6%upside $45 | Equal-Weight Maintained | 8 May 2025 |
Morgan Stanley Joseph Moore | 65%upside $70 | Overweight Maintained | 7 May 2025 |
Barclays Thomas O'Malley | 8%downside $39 | Equal-Weight Maintained | 22 Apr 2025 |
Mizuho Vijay Rakesh | 18%upside $50 | Outperform Maintained | 10 Apr 2025 |
Financial journalist opinion
Based on 4 articles about SNDK published over the past 30 days
Neutral
Business Wire
1 week ago
Sandisk Announces Participation in Investor Conference
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that management will participate at the Mizuho Technology Conference 2025 on Wednesday, June 11, at 8:15 a.m. PT / 11:15 a.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 presentation. About Sandisk Sandisk (Nasdaq: SNDK).
Neutral
Business Wire
1 week ago
Sandisk Announces Pricing of Upsized Secondary Offering of Common Stock
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.
Neutral
Business Wire
1 week ago
Sandisk Announces Launch of Secondary Offering of Common Stock
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the launch of a secondary public offering (the “Offering”) of 17,000,000 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company's former parent (“WDC”). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (describe.
Positive
Seeking Alpha
1 week ago
SanDisk Corporation: The Technology Is Still Not Economical For Mass Adoption
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.
Neutral
Business Wire
1 month ago
Sandisk Reports Fiscal Third Quarter 2025 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) today reported fiscal third quarter financial results. “I'm pleased with our team's execution in the first quarter as a standalone company. Sandisk's innovation was reinforced, with a strong early ramp of BiCS 8, our latest technology engineered to deliver industry-leading performance, power efficiency, and density,” said David Goeckeler, Sandisk CEO. “We have taken actions to reduce supply to match demand and commenced price.
Neutral
Business Wire
1 month ago
Sandisk Announces Participation in Investor Conference
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.
Neutral
Business Wire
1 month ago
Sandisk to Report Fiscal Third Quarter Results on May 7, 2025
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, May 7, 2025, at 1:30 p.m. Pacific time. A live webcast and a webcast replay of the conference call will be available at investor.sandisk.com. About Sandisk Sandisk (Nasdaq: SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the mo.
Neutral
Zacks Investment Research
2 months ago
Market Pullback After a Historic Rally: What Investors Should Do Now
Instead of blindly buying during a selloff, Jeremy Mullin offers a four-step plan for 2025 to help investors pinpoint stocks and industries that will lead the next leg higher. Learn how to develop a disciplined strategy to capitalize on the market's abundant opportunities.
Positive
Seeking Alpha
2 months ago
Sandisk Soars While Western Digital Stutters Post Spinoff
Sandisk's split from Western Digital has led to divergent stock trajectories, with SNDK soaring and WDC tanking, validating Elliott Management's push for separation. Sandisk's innovative High Bandwidth Flash (HBF) technology could revolutionize NAND applications, offering significant capacity and bandwidth advantages over traditional HBM DRAM. Despite recent financial struggles, Sandisk projects strong revenue growth and positive free cash flow by FY 2025, with a bullish outlook from analysts like Morgan Stanley.
Positive
Schaeffers Research
3 months ago
2 Bull Notes Making Noise on Wall Street Today
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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