
Sandisk Corp/DE (SNDK) Stock Forecast & Price Target
Sandisk Corp/DE (SNDK) Analyst Ratings
Bulls say
SanDisk has demonstrated robust financial performance, with consumer sales increasing by 39% quarter-over-quarter (Q/Q) to reach $907 million, alongside a notable 64% Q/Q increase in data center revenues reaching $440 million. The company's strategic vertical integration and joint-venture operations with Kioxia allow for enhanced production efficiency and improved average selling prices (ASPs), contributing to a projected margin growth to the range of 60%-65% as it moves into 2027. Furthermore, the sustained strong demand from consumer clients, evidenced by a 50% year-over-year revenue increase, underscores SanDisk's vital position in the NAND flash memory market amidst growing technological needs.
Bears say
The financial outlook for SanDisk is negatively affected by anticipated quarterly revenue declines and concerns over potential market share loss attributed to its build-to-demand strategy, despite expectations for increased average selling prices. Increased competition from other NAND manufacturers threatens to drive down ASPs, further complicating SanDisk's market position and profitability. Additionally, technological risks associated with managing product transitions may hinder the company's competitive edge, especially if a prolonged downturn in the NAND market occurs, which could further degrade profitability.
This aggregate rating is based on analysts' research of Sandisk Corp/DE and is not a guaranteed prediction by Public.com or investment advice.
Sandisk Corp/DE (SNDK) Analyst Forecast & Price Prediction
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