Is There More Upside Ahead For Sandisk Corp (NASDAQ: SNDK)

Sandisk Corp (SNDK) concluded trading on Wednesday at a closing price of $48.47, with 5.07 million shares of worth about $245.83 million changed hands on the day. On March 05, 2025 the price saw a loss of about -0.45%. Currently the company’s common shares owned by public are about 115.94M shares.

Over the period of past 52 weeks, stock dropped to lowest price of $34.99 but also hit the highest price of $55.01 during that period. The average intraday trading volume for Sandisk Corp shares is 6.28 million. The stock is currently trading 4.84% above its 20-day simple moving average (SMA20), while that difference is up 4.84% for SMA50 and it goes to 4.84% higher than SMA200.

The stock has a current market capitalization of $5.62B. PE ratio of stock for trailing 12 months is 122.40, while it has posted earnings per share of $0.40 in the same period. It has Quick Ratio of 0.90 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNDK, volatility over the week remained 10.13%.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on Mar-06-25 offering an Equal weight rating for the stock and assigned a target price of $50 to it. Coverage by Morgan Stanley stated Sandisk Corp (SNDK) stock as an Overweight in their note to investors on March 03, 2025, suggesting a price target of $84 for the stock. Stock get an Equal weight rating from Wells Fargo on February 25, 2025.

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