SanDisk Corp (SNDK)

We are raising our rating on the shares of Sandisk (SNDK; $207.69) from Equal-Weight to Outperform and establishing a $280 target after the company’s FQ1 (Sept) results and guidance suggested a much tighter NAND supply…

We are raising our F2026E (Jun) EPS for Sandisk (SNDK; $46.68; E/W) from $4.75 to $5.00 after the company produced a healthy FQ4 (Jun) beat and offered FQ1E (Sep) guidance that was generally in line…

We expect FQ4 (Jun) results and outlook from Sandisk (SNDK; $44.34; E/W) to be viewed favorably by the Street on Thursday (8/14 after market) even after considering ongoing questions around “pull-ins” of consumer electronics demand…

We raise our F2025/F2026E (Jun) EPS for Sandisk (SNDK; $34.97; E/W) from $2.40/$4.45 to $2.78/$4.75 after the company produced some solid upside with FQ3 (Mar) results and offered up FQ4E (Jun) guidance that was ahead…

We remain concerned that Sandisk’s (SNDK; $34.98; E/W) exposure to consumer markets could be a limiting factor for the stock even after the company’s FQ3 (Mar) results and outlook on Wednesday (5/7 after market). Recall,…

We initiate coverage of the shares of Sandisk (SNDK; $48.16) with an Equal-Weight post its separation from Western Digital (WDC; $49.07; O/P) on Monday (2/24) to once again be a publicly traded company; although WDC…

This morning, we attended Sandisk’s inaugural Investor Day in New York City ahead of its pending separation from Western Digital (WDC; $69.13; O/P) as a publicly traded company under the stock symbol SNDK. We note…