SanDisk Corp (SNDK) Receives a Rating Update from a Top Analyst
In a report released today, Matt Bryson from Wedbush reiterated a Buy rating on SanDisk Corp, with a price target of $2,000.00.
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Bryson covers the Technology sector, focusing on stocks such as AXT, Intel, and Micron. According to TipRanks, Bryson has an average return of 93.9% and a 78.89% success rate on recommended stocks.
In addition to Wedbush, SanDisk Corp also received a Buy from Citi’s Asiya Merchant in a report issued today. However, on the same day, Wells Fargo assigned a Hold rating to SanDisk Corp (NASDAQ: SNDK).
Based on SanDisk Corp’s latest earnings release for the quarter ending April 3, the company reported a quarterly revenue of $5.95 billion and a net profit of $3.62 billion. In comparison, last year the company earned a revenue of $1.7 billion and had a GAAP net loss of $1.93 billion
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SNDK in relation to earlier this year. Most recently, in June 2026, Alper Ilkbahar, the EVP & CTO of SNDK sold 2,000.00 shares for a total of $3,513,145.69.
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- SanDisk price target lowered to $2,800 from $3,100 at Evercore ISI
- Video: Sandisk, Western Digital slide after earnings
- SanDisk price target lowered to $1,750 from $3,000 at Jefferies
- SanDisk price target lowered to $1,900 from $2,200 at Mizuho
- SanDisk price target raised to $1,300 from $1,000 at RBC Capital
