Now Is The Time To Build A Position In Sandisk Corp (NASDAQ:SNDK)

In last trading session, Sandisk Corp (NASDAQ:SNDK) saw 1.93 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $40.54 trading at -$1.39 or -3.32% at ring of the bell on the day assigns it a market valuation of $5.89B. That closing price of SNDK’s stock is at a discount of -43.96% from its 52-week high price of $58.36 and is indicating a premium of 31.2% from its 52-week low price of $27.89.

Sandisk Corp (NASDAQ:SNDK) trade information

Upright in the red during last session for losing -3.32%, in the last five days SNDK remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $40.54 price level, adding 7.44% to its value on the day. Sandisk Corp’s shares saw a change of 12.61% in year-to-date performance and have moved 10.58% in past 5-day. Sandisk Corp (NASDAQ:SNDK) showed a performance of 22.00% in past 30-days.

Wall Street analysts have assigned a consensus price target of 65 to the stock, which implies a rise of 37.63% 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 -48.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -48.0% for stock’s current value.

Sandisk Corp (SNDK) estimates and forecasts

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.78B for the same. And 7 analysts are in estimates of company making revenue of 1.94B in the next quarter.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund 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 $288.88 million or 4.90% of the total outstanding shares. The later fund manager was in possession of 3.69 shares on Mar 31, 2025, making its stake of worth around $149.78 million in the company or a holder of 2.54% of company’s stock.