Sandisk (SNDK) Stock Price, News & Analysis

Company Overview

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 the 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. Its embedded products are used for mobile phones, tablets, notebooks, and other portable and wearable devices, as well as in automotive and connected home applications. Its removable products include cards, USB flash drives, Wireless Drives, and Digital Media Players at a range of storage capacities. It also sells memory wafers and memory components.

Founded in 1988 and publicly listed as SNDK on Nasdaq in 1995, Sandisk was acquired by Western Digital Corporation in 2016 in a $19 billion deal, becoming part of WD’s broader storage solutions business. In 2025, Sandisk was spun off from Western Digital and once again listed as an independent company on Nasdaq under the ticker SNDK.

Key Stats

• Today's Range: $1,050.72 to $1,188.00
• 50-Day Range: $1,278.23 to $2,335.00
• 52-Week Range: $40.10 to $2,354.39
• Volume: 16.95 million shs
• Average Volume: 16.35 million shs
• Market Capitalization: $162.12 billion
• P/E Ratio: 38.19
• Dividend Yield: N/A
• Price Target: $1,811.38
• Consensus Rating: Moderate Buy

Sandisk Stock Analysis - MarketRank™

Sandisk scored higher than 91% of companies evaluated by MarketBeat, and ranked 61st out of 290 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sandisk has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 2 strong buy ratings, 18 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Sandisk has a consensus price target of $1,811.38, representing about 66.2% upside from its current price of $1,089.87.

Amount of Analyst Coverage

Sandisk has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 188.11%

Earnings Growth

Earnings for Sandisk are expected to grow by 188.11% in the coming year, from $64.52 to $185.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sandisk is 37.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sandisk is 37.92, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.41.

Price to Book Value per Share Ratio

Sandisk has a P/B Ratio of 17.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.32% of the float of Sandisk has been sold short.

Short Interest Ratio / Days to Cover

Sandisk has a short interest ratio ("days to cover") of 0.61, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sandisk has recently increased by 9.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Sandisk does not currently pay a dividend.

Dividend Growth

Sandisk does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sandisk is 4.17%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sandisk will have a dividend payout ratio of 0.65% next year. This indicates that Sandisk will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.75

News Sentiment

Sandisk has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.87 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 86 news articles for Sandisk this week, compared to 9 articles on an average week.

Search Interest

Only 727 people have searched for SNDK on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

MarketBeat Follows

131 people have added Sandisk to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sandisk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,166,297.00 in company stock.

Percentage Held by Insiders

0.21% of the stock of Sandisk is held by insiders.

Percentage Held by Institutions

Sandisk has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 4/30/2026
• Today: 7/28/2026
• Investor Day 2026: 8/13/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Computer Storage & Peripherals
• Current Symbol: NASDAQ:SNDK
• CIK: 1000180
• Web: www.sandisk.com
• Phone: +1-408-8011000
• Fax: N/A
• Employees: 11,000
• Year Founded: 1988

Price Target and Rating

• Average Price Target for Sandisk: $1,811.38
• High Price Target: $3,100.00
• Low Price Target: $235.00
• Potential Upside/Downside: +64.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.85
• Research Coverage: 26 Analysts

Profitability

• EPS (Trailing Twelve Months): $28.77
• Trailing P/E Ratio: 38.20
• Forward P/E Ratio: 17.07
• P/E Growth: N/A
• Net Income: -$1.64 billion
• Net Margins: 34.19%
• Pretax Margin: 39.06%
• Return on Equity: 44.06%
• Return on Assets: 33.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.78
• Quick Ratio: 3.62

Sales & Book Value

• Annual Sales: $13.18 billion
• Price / Sales: 12.37
• Cash Flow: $11.88 per share
• Price / Cash Flow: 92.73
• Book Value: $63.43 per share
• Price / Book: 17.37

Miscellaneous

• Outstanding Shares: 148,090,000
• Free Float: 147,779,000
• Market Cap: $163.14 billion
• Optionable: Not Optionable
• Beta: 4.74