Putting The Spotlight On Sandisk Corp (SNDK)

Sandisk Corp (NASDAQ:SNDK) currently has a daily average trading volume of 4.22M but it saw 1764939 shares traded in last market. With a market cap of 5.50B USD, the company’s current market price of $37.84 came falling about -1.97 while comparing to the previous closing price of $38.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.36 and as low as $27.89.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Exane BNP Paribas which initiated the stock as “Neutral” in its note to investors issued on April 23, 2025, recommending a price target of $32 for it. Wedbush also issued its recommendations for the stock as it initiated the price target for the stock is $80.

Over the week, SNDK’s stock price is moving -6.66% down while it is 24.64% when we observe its performance for the past one month. Year-to-date it is 5.11% up and over the past year.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is 2.49. In next quarter, company is expected to be making quarterly sales of $1.94B as analysts are expecting the sales for current fiscal year at $7.24B and seeing the company making $8.15B in sales next year. Moreover, analysts are in estimates of $1.78B for current-quarter revenue.

Currently, Sandisk Corp’s total number of outstanding shares is 145.00M with 20.03% of that held by the insiders while 75.05% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 0.60.