Sandisk Corporation (NASDAQ:SNDK) Receives Average Rating of “Moderate Buy” from Brokerages

Sandisk Corporation (NASDAQ:SNDK) has been assigned an average rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $542.85.

A number of research firms have commented on SNDK. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a research report on Monday, December 29th. UBS Group set a $1,000.00 target price on Sandisk in a research note on Monday, February 2nd. Susquehanna raised their price target on Sandisk from $250.00 to $300.00 and gave the stock a “positive” rating in a research note on Monday, December 8th. Morgan Stanley set a $690.00 price target on shares of Sandisk in a report on Friday, January 30th. Finally, Benchmark upped their price objective on shares of Sandisk from $260.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, January 15th.

Insider Transactions at Sandisk

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the firm’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 in the company, valued at $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Necip Sayiner sold 1,271 shares of Sandisk stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total value of $248,022.94. Following the sale, the director directly owned 3,479 shares in the company, valued at approximately $678,892.06. The trade was a 26.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sandisk

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. purchased a new position in Sandisk during the third quarter valued at $1,970,388,000. State Street Corp grew its position in shares of Sandisk by 20.7% in the 4th quarter. State Street Corp now owns 5,281,522 shares of the data storage provider’s stock worth $1,253,728,000 after buying an additional 904,933 shares during the period. Geode Capital Management LLC increased its stake in shares of Sandisk by 44.9% in the 4th quarter. Geode Capital Management LLC now owns 3,655,860 shares of the data storage provider’s stock worth $866,310,000 after acquiring an additional 1,133,276 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Sandisk by 31.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,478,002 shares of the data storage provider’s stock valued at $825,608,000 after acquiring an additional 828,332 shares during the period. Finally, Morgan Stanley boosted its stake in Sandisk by 7.2% during the fourth quarter. Morgan Stanley now owns 2,970,361 shares of the data storage provider’s stock worth $705,105,000 after acquiring an additional 199,545 shares in the last quarter.

Sandisk Trading Down 2.5%

Shares of SNDK opened at $635.36 on Friday. The stock has a market capitalization of $93.78 billion and a P/E ratio of -83.71. Sandisk has a twelve month low of $27.89 and a twelve month high of $725.00. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. The firm has a fifty day simple moving average of $470.09 and a two-hundred day simple moving average of $258.99.

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

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Partnership with SK hynix to set a global standard for high‑bandwidth flash for AI inference — could strengthen product differentiation and customer adoption in AI data centers. Sandisk partners with SK hynix
• Positive Sentiment: Analyst says an “unprecedented” NAND cycle is unfolding — implies tightened supply and favorable pricing that could sustain revenue and margin upside for SanDisk. Analyst sees unprecedented NAND cycle
• Positive Sentiment: Coverage highlighting AI‑driven storage demand and outperformance — reinforces the narrative that SanDisk is a primary beneficiary of AI infrastructure spending. SanDisk Outperforms on AI-Driven Storage Demand
• Neutral Sentiment: Debate over valuation and whether it’s too late to buy after a massive YTD rally — many commentators note fundamentals are strong but warn much of the bull case may already be priced in. Is It Too Late To Consider Sandisk
• Neutral Sentiment: Comparisons vs. peers (e.g., Micron) highlight tradeoffs — SanDisk’s pure‑play NAND exposure and hyperscaler traction are strengths, but peer dynamics matter for relative upside. SanDisk vs. Micron: Which AI Memory Stock Offers More Upside?
• Negative Sentiment: Insider sale: Director Miyuki Suzuki sold 3,500 shares (~26% reduction in her holding) — a near‑term negative signal that can weigh on sentiment even if sales are for personal reasons. Insider sale filing
• Negative Sentiment: High‑profile short report (Citron) labelled SanDisk as more of a commodity player, prompting a volatile pullback — shows elevated headline risk and the potential for short‑term squeezes/whipsaw. Citron short report coverage

About Sandisk

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.