Sandisk (SNDK) is trading down at $1,403.34 (-5.33%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Analyst price targets on SNDK
Current price targets from 5 firms average $2.01k, median $2.1k, ranging from $1.55k to $2.4k — the average is 43% above the current $1.4k. Each is tracked to its date and scored the same way a member's call is.
- Citi $1.79k → $2.1k by Oct 2027 Oct 1, 2026 via Investing.com · Citi's track record
- Rosenblatt Securities $1.89k → $2.4k by Sep 2027 Sep 22, 2026 via Investing.com · Rosenblatt Securities's track record
- JPMorgan $1.79k → $2.25k by Aug 2027 Aug 17, 2026 via Yahoo Finance · JPMorgan's track record
- Wells Fargo $1.79k → $1.55k by Aug 2027 Aug 17, 2026 via eciks.org · Wells Fargo's track record
- Jefferies $1.26k → $1.75k by Aug 2027 Aug 6, 2026 via Stocktwits · Jefferies's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Sandisk revenue & net income history (FY2023–FY2026)
| FY2023Jun 2023 | FY2024Jun 2024 | FY2025Jun 2025 | FY2026Jul 2026 | |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $6.09B | $6.66B | $7.36B | $20.2B |
| Growth (year over year) | — | +9.5% | +10.4% | +175.3% |
| Gross profit | $430.0M | $1.07B | $2.21B | $14.5B |
| Gross margin | 7.1% | 16.1% | 30.1% | 71.5% |
| Operating income | −$2.04B | −$468.0M | −$1.38B | $12.4B |
| Operating margin | −33.4% | −7.0% | −18.7% | 61.2% |
| Net income | −$2.14B | −$672.0M | −$1.64B | $11.4B |
| Net margin | −35.2% | −10.1% | −22.3% | 56.5% |
| EPS (diluted) | −$14.78 | −$4.63 | −$11.32 | $73.76 |
| Balance sheet | ||||
| Cash and equivalents | $292.0M | $328.0M | $1.48B | $4.76B |
| Total assets | — | $13.5B | $13.0B | $22.5B |
| Total liabilities | — | $2.42B | $3.77B | $6.77B |
| Long-term debt | — | $0 | $1.83B | $0 |
| Shareholders' equity | $11.4B | $11.1B | $9.22B | $15.7B |
| Cash flow | ||||
| Operating cash flow | −$713.0M | −$309.0M | $84.0M | $11.7B |
| Capital expenditure | $219.0M | $166.0M | $204.0M | $177.0M |
| Free cash flow | −$932.0M | −$475.0M | −$120.0M | $11.5B |
| Share buybacks | — | $0 | $0 | $4.52B |
| Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25†Jun 2025 | Q1 FY26Oct 2025 | Q2 FY26Jan 2026 | Q3 FY26Apr 2026 | Q4 FY26†Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.88B | $1.88B | $1.70B | $1.90B | $2.31B | $3.02B | $5.95B | $8.96B |
| Growth (year over year) | +22.8% | +12.7% | −0.6% | +8.0% | +22.6% | +61.2% | +251.0% | +371.6% |
| Gross profit | $726.0M | $606.0M | $382.0M | $498.0M | $687.0M | $1.54B | $4.66B | $7.58B |
| Gross margin | 38.6% | 32.3% | 22.5% | 26.2% | 29.8% | 50.9% | 78.4% | 84.6% |
| Operating income | $291.0M | $195.0M | −$1.88B | $18.0M | $176.0M | $1.06B | $4.11B | $7.04B |
| Operating margin | 15.5% | 10.4% | −111.0% | 0.9% | 7.6% | 35.2% | 69.1% | 78.5% |
| Net income | $211.0M | $104.0M | −$1.93B | −$23.0M | $112.0M | $803.0M | $3.62B | $6.90B |
| Net margin | 11.2% | 5.5% | −114.0% | −1.2% | 4.9% | 26.5% | 60.8% | 77.0% |
| EPS (diluted) | $1.46 | $0.72 | −$13.33 | −$0.17 | $0.75 | $5.15 | $23.03 | $44.83 |
| Balance sheet | ||||||||
| Cash and equivalents | $322.0M | $804.0M | $1.51B | $1.48B | $1.44B | $1.54B | $3.73B | $4.76B |
| Total assets | — | $14.2B | $13.0B | $13.0B | $12.7B | $13.0B | $17.1B | $22.5B |
| Total liabilities | — | $2.23B | $3.80B | $3.77B | $3.37B | $2.79B | $3.30B | $6.77B |
| Long-term debt | — | — | $1.93B | $1.83B | $1.33B | $583.0M | $0 | $0 |
| Shareholders' equity | $12.1B | $12.0B | $9.16B | $9.22B | $9.38B | $10.2B | $13.8B | $15.7B |
| Cash flow | ||||||||
| Operating cash flow | −$131.0M | $95.0M | $26.0M | $94.0M | $488.0M | $1.02B | $3.04B | $7.13B |
| Capital expenditure | $67.0M | $48.0M | $44.0M | $45.0M | $50.0M | $39.0M | $45.0M | $43.0M |
| Free cash flow | −$198.0M | $47.0M | −$18.0M | $49.0M | $438.0M | $980.0M | $2.99B | $7.08B |
From Sandisk's 10-K and 10-Q filings with the SEC; its fiscal year ends in July. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Sandisk
Sandisk Corporation is an American multinational computer semiconductor company based in Milpitas, California.
- Headquarters
- Milpitas, California From SEC filings, Oct 2026
Recent News (3)
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Nasdaq Futures Sink, Dow Rises Premarket As AI Chip Stocks Wobble Ahead Of Big Bank Earnings: MU, SNDK, NVTS, NVDA, SPCX, ASTS, UNH, V Stocks In Focus Nasdaq Futures Sink, Dow Rises Premarket As AI Chip Stocks Wobble Ahead Of Big Bank Earnings: MU, SNDK, NVTS, NVDA, SPCX, ASTS, UNH, V Stocks In Focus Yahoo Finance
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