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Sandisk Stock Sold Off on Earnings and Was Rewarded With an Upgrade

Argus Research analyst Jim Kelleher early Monday upgraded Sandisk to Buy from Hold with a 12-month price target of $1,600. Sandisk stock advanced 2.2% to $1,238.50 on Monday. At the time, Sandisk was trading around $1,757. Continue Reading

Sandisk Just Got a Big Vote of Confidence

This article first appeared on GuruFocus. Sandisk (NASDAQ:SNDK) shares rose about 3% Monday after Argus upgraded the flash-memory maker to Buy from Hold, arguing that a sharp pullback has created a better entry point just as revenue growth and margins are accelerating. The firm …

Apple, Sionna, AbCellera, Sandisk, SpaceX, Berkshire, and More Stocks That Explain Today’s Market

Apple fell 2% to $306.56. Jefferies downgraded shares to Underperform from Hold and slashed the price target to $263.66 from $285.56. Shares of Elon Musk’s rocket and artificial-intelligence company snapped a four-week losing run on Friday with a 16% surge following the end of …

Why Sandisk Stock Is Climbing Higher Today

After trading flat last week, Sandisk (NASDAQ: SNDK) stock is starting this week off on an auspicious note. With a firm shifting its perspective on Sandisk stock, investors are finding sufficient motivation to pick up shares of the memory stock. As of 12:22 p.m. …

SNDK vs. NTAP: Which Stock Is the Better Value Option?

Investors with an interest in Computer- Storage Devices stocks have likely encountered both Sandisk Corporation (SNDK) and NetApp (NTAP). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Everyone …

Down Nearly 50% From Its High, Has Sandisk Stock Become a Cheap Buy?

Key Points Sandisk posted incredible growth in its most recent quarter, but its guidance fell short of expectations. Uncertainty around the memory and storage market appears to be weighing on the stock. The stock's valuation appears low when compared to the broader market.10 stocks …

Sandisk rises after Argus upgrades rating to Buy

[SanDisk Corporate Headquarters, Silicon Valley, California] alacatr Shares of Sandisk (SNDK [https://seekingalpha.com/symbol/SNDK]) rose about 3% on Monday after Argus upgraded its rating to Buy from Hold, citing a pullback in the stock price and accelerating market and customer momentum that is driving sales growth …

The Role of SanDisk in Advancing AI Memory Solutions

Sands Capital, an investment management company, released its "Sands Capital Technology Innovators Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, …

Argus Upgrades Sandisk to Buy From Hold, Price Target Is $1,600

Argus has upgraded Sandisk's stock rating from Hold to Buy, setting a price target of $1,600. This positive revision indicates increased confidence in the company's future performance by the analyst firm.

Prediction: Sandisk Will Reclaim Its All-Time High by the End of the Year

Key Points Sandisk is still gaining market share in the memory chip industry, and its recent results were superb. A 51% sequential revenue growth rate comes as hyperscalers commit to spending capital over multiple years. Sandisk trades at a reasonable valuation, with bearish fears …

Sandisk Can Now Buy Back $15.5 Billion of Its Own Stock. That's 8.6% of the Company.

Sandisk's board approved a massive $14 billion share repurchase program, bringing its total authorization to $15.5 billion, which could retire 8.6% of its shares. This move is supported by a significant increase in cash flow, with fiscal Q4 revenue up 372% year-over-year and net …

Sandisk Has Surged More Than 3,000% in 12 Months. Is a Stock Split Coming?

Key Points Sandisk has become a prime stock-split candidate after an extraordinary 3,000%+ rally pushed its share price into quadruple digits, even though the company has not announced any plans. A stock split wouldn't change Sandisk's business or its value. The real investment story …

Wall Street Punishes Sandisk's Outlook: What Investors Are Missing

Sandisk (NASDAQ: SNDK) has been one of the hottest stocks in the market over the past year, up over 2,820%, but the stock continued its recent retreat following its fiscal Q4 earnings report and is now off around 47% from its June highs. The …

SanDisk CEO David Goeckeler Expects PC and Smartphone Sales to Decline in 2026, But Sees NAND Recovery Ahead: Here's Why

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. SanDisk Corp. expects PC and smartphone shipments to decline sharply in 2026, but CEO David Goeckeler said rising storage capacity and market stabilization next year could support …

Dear SanDisk Stock Fans, Mark Your Calendars for a Fresh Catalyst on August 13

A photo of a Sandisk Solid State Drive by Top Popular Vector by Shutterstock On August 5, SanDisk (SNDK) posted the best quarter in its history. Revenue skyrocketed 372% from a year ago to $8.97 billion, gross margin hit a record 84.6%, and both …

What Sent Sandisk Shares Tumbling Nearly 20% Last Month

Key Points The semiconductor sector saw a massive sell-off in late July, losing over $1 trillion in value. Sandisk stock has not been immune, slumping nearly 20% over the past month. Analysts still see short-term upside ahead, with a one-year median price target of …

SanDisk CEO David Goeckeler Says Its Biggest Customers Aren't Talking Prices Anymore as Business Turns 'Highly Strategic'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. SanDisk Corp. said artificial intelligence is fundamentally changing how it works with customers, with CEO David Goeckeler describing a shift from short-term pricing negotiations to long-term strategic …

SanDisk Just Unveiled the First High-Bandwidth Flash Standard. What That Means for SNDK Stock.

The Sandisk logo on an office building by Askar via Adobe Stock Artificial intelligence (AI) is creating an unprecedented demand for faster and more efficient memory, and SanDisk Corporation (SNDK) has just taken a major step toward addressing that challenge. In partnership with SK …

SanDisk Corp (SNDK) Receives a Rating Update from a Top Analyst

Wedbush analyst Matt Bryson reiterated a Buy rating for SanDisk Corp (SNDK) with a $2,000 price target, following the company's Q1 earnings report which showed significant revenue and profit growth year-over-year. Citi also issued a Buy, while Wells Fargo assigned a Hold rating. Despite …

What Does Sandisk (SNDK) Mean For AI Storage With Its New QLC Flash?

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. SanDisk (NasdaqGS:SNDK) and Kioxia announced a new Quad-Level-Cell QLC 3D flash memory platform that …

Bank of America doubles down on Sandisk stock after earnings

Sandisk (SNDK) Stock Drops As Profit Surge Meets Valuation Doubts

Sandisk (SNDK) Stock Looks Reasonable on Earnings While Cash Flow Looks Stretched

Sandisk Earnings: The Supercycle Rages on, but Long-Term Cyclicality Risk Keeps Us on the Sidelines

Morningstar maintains its $1,000 fair value estimate for Sandisk (SNDK) despite the company reporting strong June-quarter results and a bullish September outlook with over 370% year-over-year sales growth. While NAND pricing growth was significant, the firm warns that the current upcycle is projected to …

Sandisk stock sinks as revenue forecast falls short of expectations

Sandisk stock slides as forecast misses lofty AI bar | 2026-08-06 | Investing News

SanDisk Stock Drops, But BofA Sees 'Secular Opportunity' - SanDisk (NASDAQ:SNDK)

Despite a sharp drop in SanDisk's stock price following a fiscal first-quarter outlook below expectations, Bank of America analyst Wamsi Mohan reiterated a Buy rating and a $2,500 price objective. Mohan views SanDisk as a "secular opportunity" due to AI inference making NAND memory …

SNDK Stock Plummets Premarket: Analysts Cite 'Muted Pricing' Guidance Despite Record Revenue, $14B Buyback Plan

SanDisk Options Price 16.1% Swing On Earnings: Here’s What History Shows

SanDisk (NASDAQ: SNDK) is expected to report its fiscal Q4 2026 earnings, with options markets predicting a significant 16% swing, much larger than historical post-earnings movements. Analysts anticipate an extraordinary earnings increase of nearly 120 times compared to last year. While history shows SanDisk …

SanDisk Q4 Earnings Are Out – Stock Down 5% on Results

Top 5 Analyst Questions Ahead of SanDisk’s Q4 Earnings Tonight

Sandisk Shares Slip Heading Into Earnings After Seeing Their Worst Month Ever

The article reports that Sandisk shares have been slipping as the company heads into its earnings report. This decline follows their worst month ever, suggesting potential concerns among investors regarding the company's financial performance.

Sandisk Earnings Give Dip Buyers an Opening After Stock’s Plunge

SanDisk Corp.'s stock, which saw a significant plunge in July, is facing a crucial test with its upcoming earnings report. After erasing over $150 billion in market value, the earnings will determine if investors are enticed to buy back into the memory storage component …

Sandisk Revenue Soars on AI Data Storage Demand

Sandisk stock is bouncing — how to play earnings with limited risk: Alpha Options Playbook

Sandisk Corp (SNDK) legal officer sells 600 shares under 10b5-1 plan

Sandisk Corp's Chief Legal Officer & Secretary, Bernard Shek, sold 600 shares of common stock on August 3, 2026, at a price of $1,162.16 per share. This transaction, totaling $697,296, was conducted under a Rule 10b5-1 trading plan adopted on March 4, 2026. Following …