Sandisk Corp [SNDK] stock prices are up 13.17% to $54.82 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling.
From an analyst’s perspective:
Sandisk Corp [NASDAQ: SNDK] stock has seen the most recent analyst activity on March 10, 2025, when Mizuho initiated its Outperform rating and assigned the stock a price target of $60. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on March 07, 2025, and set its price target to $60. On March 05, 2025, Barclays initiated with a Equal Weight rating and assigned a price target of $50 on the stock. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $84 on March 03, 2025. Raymond James initiated its recommendation with a Mkt Perform. In a note dated February 25, 2025, Wells Fargo initiated an Equal Weight rating and provided a target price of $56 on this stock.
The stock price of Sandisk Corp [SNDK] has been fluctuating between $34.99 and $55.01 over the past year. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Sandisk Corp [NASDAQ: SNDK] shares were valued at $54.82 at the most recent close of the market. An investor can expect a potential return of 9.45% based on the average SNDK price forecast.
Analyzing the SNDK fundamentals
Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.19 points at the first support level, and at 47.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.70, and for the 2nd resistance point, it is at 58.57.
Ratios To Look Out For
It’s worth pointing out that Sandisk Corp [NASDAQ:SNDK]’s Current Ratio is 2.38. In addition, the Quick Ratio stands at 1.22 and the Cash Ratio stands at 0.43.
