Sandisk Corp (NASDAQ: SNDK) has seen a rise in its stock price by 3.37 in relation to its previous close of 33.83. However, the company has experienced a 8.91% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-05-07 that MILPITAS, Calif.–(BUSINESS WIRE)–Sandisk Corporation (Nasdaq: SNDK) today reported fiscal third quarter financial results. “I’m pleased with our team’s execution in the first quarter as a standalone company. Sandisk’s innovation was reinforced, with a strong early ramp of BiCS 8, our latest technology engineered to deliver industry-leading performance, power efficiency, and density,” said David Goeckeler, Sandisk CEO. “We have taken actions to reduce supply to match demand and commenced price.
Is It Worth Investing in Sandisk Corp (NASDAQ: SNDK) Right Now?
There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for SNDK is 115.32M and currently, short sellers hold a 5.19% ratio of that float. The average trading volume of SNDK on May 08, 2025 was 4.13M shares.
SNDK’s Market Performance
The volatility ratio for the week is 5.39%, and the volatility levels for the past 30 days are at 8.45% for SNDK. The simple moving average for the last 20 days is 7.21% for SNDK stock, with a simple moving average of -17.88% for the last 200 days.
Analysts’ Opinion of SNDK
Many brokerage firms have already submitted their reports for SNDK stocks, with Exane BNP Paribas repeating the rating for SNDK by listing it as a “Neutral.” The predicted price for SNDK in the upcoming period, according to Exane BNP Paribas is $32 based on the research report published on April 23, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see SNDK reach a price target of $70. The rating they have provided for SNDK stocks is “Positive” according to the report published on April 03rd, 2025.
Wedbush gave a rating of “Outperform” to SNDK, setting the target price at $80 in the report published on March 24th of the current year.
SNDK Trading at -17.08% 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 -40.08% of loss for the given period.
Volatility was left at 8.45%, however, over the last 30 days, the volatility rate increased by 5.39%, as shares surge +8.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.39% lower at present.
During the last 5 trading sessions, SNDK rose by +8.91%, in comparison to the 20-day moving average, which settled at $32.62. In addition, Sandisk Corp saw -2.86% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SNDK
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.22 for the gross margin
The net margin for Sandisk Corp stands at -0.06. The total capital return value is set at -0.0.
The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -3.33.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 1.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 3.88for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.
Conclusion
In conclusion, Sandisk Corp (SNDK) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
