In the last trading session, 2.41 million shares of the Sandisk Corp (NASDAQ:SNDK) were traded. Most recently the company’s share price was $45.22, and it changed around -$1.19 or -2.56% from the last close, which brings the market valuation of the company to $6.57B. SNDK currently trades at a discount to its 52-week high of $58.36, offering almost -29.06% off that amount. The share price’s 52-week low was $27.89, which indicates that the current value has risen by an impressive 38.32% since then. We note from Sandisk Corp’s average daily trading volume that its 10-day average is 2.63 million shares, with the 3-month average coming to 3.20 million.
Sandisk Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.75. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended SNDK as a Hold, whereas 8 deemed it a Buy, and 1 rated it as Underweight. Sandisk Corp is expected to report earnings per share of 0.02 for the current quarter.
Sandisk Corp (NASDAQ:SNDK) trade information
Instantly SNDK has showed a red trend with a performance of -2.56% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 47.34 on recent trading dayincreased the stock’s daily price by 4.48%. On the other hand, Sandisk Corp (NASDAQ:SNDK) is 13.56% up in the 30-day period. We can see from the shorts that 6.47 million shares have been sold at a short interest cover period of 2.1 day(s).
The consensus price target as assigned by Wall Street analysts is $63, which translates to bulls needing to increase their stock price by 28.22% from its current value. Analyst projections state that SNDK is forecast to be at a low of $60 and a high of $80.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of 1.81B in revenue for the current quarter. 10 analysts expect Sandisk Corp to make 1.96B in revenue for the current ending quarter.
SNDK Dividends
Sandisk Corp’s next quarterly earnings report is expected to be released on 2025-May-07.
Sandisk Corp (NASDAQ:SNDK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.35% of Sandisk Corp shares, and 76.17% of them are in the hands of institutional investors. The stock currently has a share float of 80.47%.
iShares Trust-iShares Core S&P Small-Cap ETF and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund were the top two Mutual Funds as of May 31, 2025 . The former held 6.93 shares worth $313.2 million, making up 4.77% of all outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held roughly 5.0 shares worth around $226.14 million, which represents about 3.44% of the total shares outstanding.
