Sandisk Corp (NASDAQ: SNDK)’s stock price has increased by 3.05 compared to its previous closing price of 38.64. However, the company has seen a 3.21% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-06-04 that MILPITAS, Calif.–(BUSINESS WIRE)–Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the launch of a secondary public offering (the “Offering”) of 17,000,000 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company’s former parent (“WDC”). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (describe.
Is It Worth Investing in Sandisk Corp (NASDAQ: SNDK) Right Now?
Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for SNDK is 115.37M and currently, short sellers hold a 6.58% of that float. On June 05, 2025, SNDK’s average trading volume was 3.20M shares.
SNDK’s Market Performance
The stock of Sandisk Corp (SNDK) has seen a 3.21% increase in the past week, with a 15.05% rise in the past month, and a -17.85% fall in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 3.32% for SNDK. The simple moving average for the last 20 days is 2.49% for SNDK stock, with a simple moving average of -4.54% for the last 200 days.
Analysts’ Opinion of SNDK
Many brokerage firms have already submitted their reports for SNDK stocks, with The Benchmark Company repeating the rating for SNDK by listing it as a “Buy.” The predicted price for SNDK in the upcoming period, according to The Benchmark Company is $58 based on the research report published on May 27, 2025 of the current year 2025.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see SNDK reach a price target of $32. The rating they have provided for SNDK stocks is “Neutral” according to the report published on April 23rd, 2025.
Susquehanna gave a rating of “Positive” to SNDK, setting the target price at $70 in the report published on April 03rd of the current year.
SNDK Trading at 6.09% from the 50-Day Moving Average
After a stumble in the market that brought SNDK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.77% of loss for the given period.
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Stock Fundamentals for SNDK
Current profitability levels for the company are sitting at:
- -0.47 for the present operating margin
- 0.28 for the gross margin
The net margin for Sandisk Corp stands at -0.51. The total capital return value is set at -0.15.
Based on Sandisk Corp (SNDK), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.41. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 140.5.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at -0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.74. The receivables turnover for the company is 3.38for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.70.
Conclusion
To wrap up, the performance of Sandisk Corp (SNDK) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
