Sandisk Corp [NASDAQ: SNDK] price plunged by -3.97 percent to reach at -$2.0.
The one-year SNDK stock forecast points to a potential upside of 15.61. The average equity rating for SNDK stock is currently 2.71, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Sandisk Corp [SNDK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SNDK shares is $57.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SNDK stock is a recommendation set at 2.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Mizuho have made an estimate for Sandisk Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 10, 2025. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on March 07, 2025, representing the official price target for Sandisk Corp stock. Previously, the target price had yet another raise to $50, while Barclays analysts kept a Equal Weight rating on SNDK stock.
The Average True Range (ATR) for Sandisk Corp is set at 4.63, with the Price to Sales ratio for SNDK stock in the period of the last 12 months amounting to 0.80. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 2.78.
SNDK Stock Performance Analysis:
Sandisk Corp [SNDK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.17.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The RSI for the last a single of trading hit 57.54. The present Moving Average recorded at 51.01 for the last single week of trading.
Insight into Sandisk Corp Fundamentals:
Sandisk Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 3.00.
