Sandisk Corp (NASDAQ:SNDK) does about 3.22M shares in volume on a normal day but saw 1692188 shares change hands in the recent trading day. The company now has a market cap of 6.88B USD. Its current market price is $47.34, marking an increase of 0.83% compared to the previous close of $46.95. The 52 week high reached by this stock is $58.36 whilst the lowest price level in 52 weeks is $27.89. The script in recent trading has seen the stock touch a high of $80 and a low of $60.
The consensus objective for the share price is $53.55, suggesting that the stock has a potential upside of 11.6% over the period. The median price target is 24.86% away from the current levels at $63.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 18, 2025 when BofA Securities initiated the stock to “Buy” and issued a price target of $61. The Benchmark Company initiated its price target at $58.
The current price level is 14.03%, 25.35%, and 12.91% away from its SMA20, SMA50, and SMA200 respectively, with the SNDK price moving above the 50-day SMA on current market day. Sandisk Corp (SNDK) stock is up 7.08% over the week and 25.11% over the past month. Its price is 31.50% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.02 and 2.65 for whole year. Expected sales for next quarter are $1.96B, which analysts say will come at $7.26B for the current fiscal year and next year at $8.28B. In addition, estimates put the company’s current quarterly revenue at an average of $1.81B.
Its 12-month price target is $63. To reach the target analysts have set, the stock logically needs to grow 11.6 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $60, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $80.
Outstanding shares total 145.00M with insiders holding 5.35% of the shares and institutional holders owning 76.20% of the company’s common stock. Price to book ratio is 0.75.
