Major Stocks on the Rise Thursday: Shoe Carnival, American Eagle, Ciena, Victoria's Secret, and More
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose, with the Dow Jones gaining over 200 points, driven by strong performances from several companies.
Shoe Carnival's Earnings Report: Shoe Carnival, Inc. saw a 16% increase in shares after reporting second-quarter EPS of 91 cents, exceeding estimates, despite a decrease in sales guidance.
Notable Stock Gains: American Eagle Outfitters and Aquestive Therapeutics experienced significant stock price increases of 33.5% and 22.6%, respectively, following better-than-expected financial results and FDA news.
Other Companies with Gains: Several other companies, including Ciena Corporation and Victoria’s Secret, also reported positive earnings, contributing to overall market gains.
Analyst Views on SNDK
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
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 409.240
Low
220.00
Averages
264.85
High
300.00
Current: 409.240
Low
220.00
Averages
264.85
High
300.00
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.
