Sandisk Corp's stock has increased by 4.06% in pre-market trading, reaching a 52-week high. This movement reflects a significant uptick in investor interest, particularly following the recent surge in options trading volume.
The rise in Sandisk's stock price is attributed to a notable increase in options trading activity, with 46,712 contracts traded, indicating strong investor expectations for future performance. This heightened interest comes amid a broader market context where the Nasdaq-100 is up 0.13% and the S&P 500 is down 0.02%, suggesting a sector rotation as investors focus on technology stocks.
The implications of this price movement are significant, as it highlights Sandisk's strong market position and investor confidence in its future growth. The upcoming earnings call scheduled for January 29, 2026, is likely to further enhance transparency and investor relations, potentially driving further interest in the stock.
Wall Street analysts forecast SNDK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNDK is 264.85 USD with a low forecast of 220.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast SNDK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNDK is 264.85 USD with a low forecast of 220.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 353.560
Low
220.00
Averages
264.85
High
300.00
Current: 353.560
Low
220.00
Averages
264.85
High
300.00
JPMorgan
Neutral
initiated
$235
2025-12-08
Reason
JPMorgan
Price Target
$235
2025-12-08
initiated
Neutral
Reason
JPMorgan initiated coverage of SanDisk with a Neutral rating and $235 price target. The firm says Sandisk offers leverage to the artificial intelligence-driven enterprise solid state disk "supercycle" with a "structurally advantaged" cost base via its Kioxia joint venture. However, JPMorgan views the company's current pricing power as a cyclical peak rather than a structural reset.
China Renaissance
NULL -> Buy
initiated
$322
2025-12-05
Reason
China Renaissance
Price Target
$322
2025-12-05
initiated
NULL -> Buy
Reason
China Renaissance initiated coverage of SanDisk with a Buy rating and $322 price target.
Morgan Stanley
Overweight
maintain
$263 -> $273
2025-11-24
Reason
Morgan Stanley
Price Target
$263 -> $273
2025-11-24
maintain
Overweight
Reason
Morgan Stanley raised the firm's price target on SanDisk to $273 from $263 and keeps an Overweight rating on the shares. Memory stocks have sold off lately due to concerns about higher capital spending, or the view that shortages may be easing, but neither impacts the firm's view, says the analyst, who contends that the recent selloff does not seem warranted as reports of tightening memory supply points to very strong earnings ahead.
BofA
Wamsi Mohan
Buy
maintain
$270 -> $300
2025-11-20
Reason
BofA
Wamsi Mohan
Price Target
$270 -> $300
2025-11-20
maintain
Buy
Reason
BofA analyst Wamsi Mohan raised the firm's price target on SanDisk to $300 from $270 and keeps a Buy rating on the shares. After having hosted an investor meeting with CEO David Goeckeler and CFO Luis Visoso, the firm walked away more bullish on the stock, citing a NAND market that is expected to remain undersupplied through at least end of calendar 2026; strong demand growth driven by datacenter and AI; low NAND industry inventory; ramping eSSD production and potential share gains; and increasing visibility from customers.
About SNDK
SanDisk Corporation is a developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology and has consumer brands and franchises globally. The Company's solutions include a range of solid state drives (SSDs) embedded products, removable cards, universal serial bus (USB) drives, and wafers and components. Its broad portfolio of technology and products addresses multiple end markets of cloud, client and consumer. Its cloud end market is comprised primarily of products for public or private cloud environments and enterprise customers. The Company, through the client end market, provides numerous data solutions that it incorporates into its client’s devices, which consist of solid state drive desktop and notebook personal computers, gaming consoles and set top boxes, and flash-based embedded storage products. The Company serves the consumer end market with a portfolio of solid state drives and removable flash, including cards and USB flash drives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
