SanDisk's stock has fallen 33% in the past month amid concerns over competition and profit-taking, even as the company reports record revenues and nearly $94 billion in signed customer contracts. Despite the selloff, 21 of 25 analysts rate it as a buy, with an average price target implying a 72.3% upside. One top analyst projects the stock could nearly triple from current levels, citing strong demand for NAND flash and substantial buyback potential. The upcoming earnings report will be key to confirming the company's growth and contract strength amid market pressures.
SanDisk trades at USD 1,284.90 on Pluang as of Oct 23, 2026 22:02 WIB, showing a 1.90% gain in the last day. Despite the recent 33% drop mentioned in the article, Pluang data reveals a balanced investor sentiment with 54% buy orders and a market cap of $182.24 billion. This steady activity highlights ongoing interest in the stock amid the anticipation of its upcoming earnings report.
SK Hynix halted plans for a U.S. IPO of its Solidigm flash-memory unit, citing market volatility and regulatory concerns in South Korea. Despite scrapping the IPO, SK Hynix shares rose about 4%, outperforming peers like Micron and SanDisk. The compan...
Sandisk's stock dropped 18% following negative news about China's DRAM market, but the company remains a Buy with a 12-month price target of $1,830, implying 32% upside. Sandisk's focus on flash storage and its Japanese supply chain insulate it from ...
Memory stocks, including SanDisk, Western Digital, and Micron, are experiencing sharp declines, with SanDisk down 8%, Western Digital 7%, and Micron 6%. The selloff is driven by concerns over increased competition from Chinese memory makers and worri...
Sandisk Corporation posted a 51% quarter-on-quarter revenue increase to $8.97 billion and an 83% rise in earnings per share to $39.25 in Q4 2026, surpassing analyst expectations. The company benefits from multi-year contracts with hyperscalers and a ...
Sandisk's shares have dropped about 9% recently due to worries over AI infrastructure demand and competition from China. However, supply shortages in NAND memory are expected through 2028, supporting growth. Enterprise customers and regulatory factor...
