Is Sandisk Corp (NASDAQ:SNDK), -92.23% Below Its High, Poised For A Strong Recovery?

In last trading session, Sandisk Corp (NASDAQ:SNDK) saw 2.75 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $30.36 trading at $0.74 or 2.50% at ring of the bell on the day assigns it a market valuation of $4.41B. That closing price of SNDK’s stock is at a discount of -92.23% from its 52-week high price of $58.36 and is indicating a premium of 8.14% from its 52-week low price of $27.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.65 million shares which gives us an average trading volume of 4.59 million if we extend that period to 3-months.

Sandisk Corp (NASDAQ:SNDK) trade information

Upright in the green during last session for gaining 2.50%, in the last five days SNDK remained trading in the red while hitting it’s week-highest on Wednesday, 04/16/25 when the stock touched $30.36 price level, adding 8.33% to its value on the day. Sandisk Corp’s shares saw a change of -15.67% in year-to-date performance and have moved -8.64% in past 5-day. Sandisk Corp (NASDAQ:SNDK) showed a performance of -42.71% in past 30-days.

Wall Street analysts have assigned a consensus price target of 65 to the stock, which implies a rise of 53.29% to its current value. Analysts have been projecting 60 as a low price target for the stock while placing it at a high target of 80. It follows that stock’s current price would drop -97.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -97.63% for stock’s current value.

And 8 analysts are in estimates of company making revenue of 1.62B in the next quarter.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and Fidelity Select Portfolios-Semiconductors Portfolio are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 7.13 shares of worth $216.34 million or 4.91% of the total outstanding shares. The later fund manager was in possession of 3.81 shares on Feb 28, 2025 , making its stake of worth around $115.59 million in the company or a holder of 2.62% of company’s stock.