Investment Analysts’ Weekly Ratings Changes for Sandisk (SNDK)

Sandisk (NASDAQ: SNDK) recently received a number of ratings updates from brokerages and research firms:

• 11/2/2026 – Sandisk was downgraded by Fox Advisors from “overweight” to “equal weight”.
• 10/30/2026 – Sandisk had its “buy” rating reaffirmed by Bank of America. They now have a $2,000.00 price target on the stock.
• 10/30/2026 – Sandisk had its price target lowered by Wells Fargo & Company from $1,550.00 to $1,300.00. They now have an “equal weight” rating on the stock.
• 10/30/2026 – Sandisk had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $2,400.00 price target on the stock.
• 10/30/2026 – Sandisk had its price target lowered by Royal Bank Of Canada from $1,600.00 to $1,400.00. They now have a “sector perform” rating on the stock.
• 10/30/2026 – Sandisk had its price target lowered by Susquehanna from $2,745.00 to $2,720.00. They now have a “positive” rating on the stock.
• 10/26/2026 – Sandisk had its price target lowered by Cantor Fitzgerald from $2,900.00 to $2,200.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – Sandisk was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/13/2026 – Sandisk was upgraded by Zacks Research from “hold” to “strong-buy”.
• 10/6/2026 – Sandisk had its price target raised by Mizuho from $1,875.00 to $2,050.00. They now have an “outperform” rating on the stock.
• 10/1/2026 – Sandisk had its “buy” rating reaffirmed by Citigroup.
• 9/24/2026 – Sandisk was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 9/22/2026 – Sandisk is now covered by Rosenblatt Securities. They set a “buy” rating and a $2,400.00 price target on the stock.
• 9/21/2026 – Sandisk was upgraded by Rosenblatt Securities to “strong-buy”.
• 9/10/2026 – Sandisk was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.

Sandisk Stock Performance

Sandisk stock traded up $51.45 during mid-day trading on Monday, reaching $886.51. The stock had a trading volume of 13,840,363 shares, compared to its average volume of 14,814,590. Sandisk Corporation has a fifty-two week low of $183.00 and a fifty-two week high of $2,354.39. The stock’s 50-day simple moving average is $1,492.47 and its 200-day simple moving average is $1,266.90. The firm has a market capitalization of $126.14 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 0.06 and a beta of 5.66.

Sandisk’s stock is going to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly issued shares will be issued to shareholders after the market closes on Thursday, November 19th.

Sandisk (NASDAQ:SNDK) last issued its earnings results on Thursday, October 29th. The data storage provider reported $49.51 earnings per share for the quarter, topping analysts’ consensus estimates of $46.19 by $3.32. Sandisk had a return on equity of 125.70% and a net margin of 67.04%. The company had revenue of $11.03 billion for the quarter. During the same period in the previous year, the company earned $1.22 earnings per share. Sandisk’s revenue for the quarter was up 23.0% compared to the same quarter last year. On average, research analysts forecast that Sandisk Corporation will post 226.01 earnings per share for the current fiscal year.

Insider Buying and Selling at Sandisk

In other Sandisk news, EVP Alper Ilkbahar sold 4,712 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $1,540.58, for a total transaction of $7,259,212.96. Following the completion of the sale, the executive vice president owned 44,134 shares in the company, valued at approximately $67,991,957.72. The trade was a 9.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Luis Visoso sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $1,568.83, for a total transaction of $1,568,830.00. Following the transaction, the chief financial officer owned 130,976 shares in the company, valued at approximately $205,479,078.08. The trade was a 0.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 77,899 shares of company stock worth $121,156,782. Company insiders own 0.29% of the company’s stock.

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.