Sandisk (SNDK) is a Zack Rank #1 (Robust Purchase) that develops, manufactures, and sells knowledge storage units and options constructed on NAND flash expertise.
Sandisk was initially a publicly traded firm beneath the ticker SNDK earlier than being acquired by Western Digital in 2016. Earlier this 12 months, Western Digital spun off its flash enterprise, bringing Sandisk again to the market as an unbiased firm and relisting it on Nasdaq beneath the SNDK ticker.
The inventory has grow to be one of many standout performers of 2025, and traders are watching intently to see whether or not 2026 can proceed that momentum.
Concerning the Firm
Based in 2024, Sandisk is headquartered in Milpitas, California. Its product lineup contains stable state drives for desktop and pocket book PCs, gaming consoles, and set high packing containers, together with flash based mostly embedded storage utilized in cellphones, tablets, notebooks, wearables, automotive techniques, Web of Issues units, industrial tools, and linked residence functions.
SNDK is valued at $31 billion and has a Ahead PE of 17. The inventory has Zacks Fashion Scores of “D” in Worth, however “A” in Momentum.
Q3 Earnings Beat
Sandisk delivered a standout first quarter, simply topping expectations with EPS with a 37% EPS beat. Income got here in at $2.38 billion versus $2.12 billion anticipated and profitability improved meaningfully as gross margin climbed to 29.8%, up 3.6 factors each sequentially and year-over-year.
The corporate additionally reached web money constructive standing six months forward of schedule, with $1.44 billion in money outweighing $1.35 billion in gross debt, whereas producing $448 million in adjusted free money circulate, a 19.4% margin, and decreasing stock to $1.91 billion from $2.08 billion.
Steering for the second quarter was even stronger, with Sandisk projecting EPS of $3.00–$3.40 versus $2.01 anticipated and income of $2.55–$2.65 billion versus $2.33 billion anticipated, alongside a pointy gross margin growth to 41–43%. Administration pointed to extraordinarily tight supply-demand circumstances anticipated via 2026 and into 2027, driving clients to signal multi-quarter agreements and pushing merchandise onto allocation throughout markets.
Demand stays broad, with knowledge heart income up 26% quarter over quarter, stable edge momentum from PC refresh cycles and AI-driven smartphone storage wants, and a strengthening client pipeline supported by new gaming partnerships heading into the vacations.
Estimates Head Greater
Sandisk has seen constructive analyst commentary from analysts that has include updates and rising earnings estimates.
For the present quarter, estimates have gone from $1.77 to $3.25, up 83% over the past 7 days. For subsequent quarter, we see related motion with estimates going from $1.45 to $3.63, a transfer of 120%.
For the present 12 months, estimates have gone from $6.31 to $12.59, a leap of 99%.
The longer-term seems to be much more promising, with estimates for subsequent 12 months going from $10.39 to $24.04, a rise of 130%.
Sandisk Company Worth and Consensus
Sandisk Company price-consensus-chart | Sandisk Company Quote
Analyst value targets have been going greater with these estimates:
Wedbush has an Outperform and value targets went from $220 to $260.
Benchmark Reiterated their Purchase, with a elevate from $125 to $260.
Goldman went from $140 to $280 with a Impartial score.
The Technical Take
Sandisk has made a giant run already, transferring from the $50 space to $284 in only a few months. Traders understandably may not wish to chase this inventory greater, so let’s have a look at some entry ranges on a pullback.
21-day transferring common: $228
50-day: $172
Fibonacci 50% retrace: $165
Fibonacci 61.8% retrace: $136
That inventory has already pulled again to that 50-day MA, the place it discovered aggressive patrons. Search for that $165-180 space as help because the bulls attempt to push the inventory again to highs earlier than the 12 months is out.
In Abstract
Sandisk (SNDK)has reemerged as a high momentum identify in 2025 after its spin-off from Western Digital, supported by surging demand for NAND flash options and a strong return to profitability.
The corporate delivered a significant earnings beat, issued bullish steering, and highlighted tight supply-demand circumstances which might be anticipated to persist via 2026 and into 2027. Analysts have responded with sharply greater estimates and rising value targets, reflecting confidence in each near-term execution and longer-term development potential.
Whereas the inventory has already made an distinctive run, technical help ranges supply potential entry factors for traders seeking to take part within the ongoing uptrend.
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Sandisk Company (SNDK) : Free Inventory Evaluation Report
This text initially revealed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
