Brokerages Set Sandisk Corporation (NASDAQ:SNDK) Target Price at $542.85

Shares of Sandisk Corporation (NASDAQ:SNDK) have received a consensus rating of “Moderate Buy” from the twenty-three analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, fourteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $542.85.

Several research firms have recently weighed in on SNDK. Jefferies Financial Group boosted their target price on Sandisk from $600.00 to $700.00 and gave the company a “buy” rating in a report on Friday, January 30th. Morgan Stanley set a $690.00 price objective on Sandisk in a research note on Friday, January 30th. Susquehanna increased their price objective on Sandisk from $250.00 to $300.00 and gave the company a “positive” rating in a report on Monday, December 8th. The Goldman Sachs Group raised their target price on shares of Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Wedbush upped their price target on shares of Sandisk from $600.00 to $740.00 and gave the company an “outperform” rating in a research report on Friday, January 30th.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: BNP Paribas says memory pricing continues to surge — a renewed expectation of firm NAND prices supports Sandisk’s revenue and margin outlook from tight supply/demand dynamics. Micron, Sandisk in spotlight as BNP sees memory pricing continuing to surge
• Positive Sentiment: An analyst upgrade argues SNDK could reach $1,000 by 2027 based on EPS revisions — this type of bullish research can drive momentum buying and lift analyst-driven price targets. Sandisk: I See A Path To $1000 Based On 2027 EPS Forecasts (Rating Upgrade)
• Positive Sentiment: Inclusion on Zacks’ list of 5 growth stocks to buy highlights continued bullish earnings expectations and institutional interest that can support further upside. 5 Growth Stocks to Buy in March Despite Global Economic Turbulence
• Positive Sentiment: Zacks technical note points to a “high tight flag” consolidation — a bullish chart pattern that may attract momentum traders if confirmed. Taser 2.0? Sandisk Builds Back-to-Back High Tight Flags
• Positive Sentiment: Morningstar/Fool-style coverage notes SNDK’s strong February performance driven by NAND tightness — supports the narrative of durable near-term revenue gains. Why Sandisk Stock Gained 10% in February
• Neutral Sentiment: SNDK presented at Morgan Stanley TMT conference — management commentary and guidance in the transcript will be important for confirming demand trends but contains no new headline guidance yet. Sandisk Corporation (SNDK) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Macro pieces asking if the rally can continue offer balanced views — useful for assessing risk/reward but not new company-specific catalysts. SanDisk Stock Forecast: Can the Rally Continue Into 2026?
• Negative Sentiment: Citron Research warns the “hype could vanish in a single earnings call,” flagging cyclical NAND exposure and the risk of a sharp re-rating if guidance disappoints. Sandisk Stock Hype Could ‘Vanish in a Single Earnings Call’ According to Citron Research. Is It Time to Ditch SNDK Here?
• Negative Sentiment: Geopolitical tensions and a broader risk-off in chip stocks pushed SNDK lower in recent sessions as oil/energy moves and Korea selloffs weigh on sentiment. Memory Chip Stocks Micron (MU) and SanDisk (SNDK) Plunge as Geopolitical Tensions Spike
• Negative Sentiment: Analysis points to risk-off selling, short-seller campaigns and secondary-share activity (former-parent selling) creating overhang and downside risk despite strong fundamentals. SanDisk slides as chip stocks fall with global risk-off sentiment, lingering memory-cycle worries

Sandisk Trading Up 6.0%

Shares of Sandisk stock opened at $599.06 on Friday. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $491.04 and a 200-day simple moving average of $271.99. The stock has a market cap of $88.42 billion and a price-to-earnings ratio of -78.93. Sandisk has a 12-month low of $27.89 and a 12-month high of $725.00.

Sandisk (NASDAQ:SNDK) last announced its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $2.89. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. The firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $2.67 billion. The firm’s revenue for the quarter was up 61.2% on a year-over-year basis.

Insider Buying and Selling

In other news, Director Miyuki Suzuki sold 3,500 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total value of $2,196,355.00. Following the completion of the sale, the director directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Sandisk

Institutional investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. purchased a new stake in Sandisk during the 4th quarter valued at approximately $26,000. Greenline Wealth Management LLC acquired a new position in shares of Sandisk in the fourth quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Sandisk during the third quarter worth approximately $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of Sandisk during the fourth quarter worth $27,000. Finally, CVA Family Office LLC acquired a new stake in shares of Sandisk during the third quarter worth $28,000.

Sandisk Company Profile

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.