🏛 Macro Policy Bearish
The Fed's September 15-16 FOMC meeting has markets pricing in ~60% probability of a 25bps rate hike; 10-year Treasury yield has surged near 4.8%, putting downward pressure on high-growth tech and memory stocks like SNDK.
SNDK (Sandisk Corporation) Stock Analysis
Hardware, Equipment & Parts
🏛 Recent congressional trades
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Price Analysis
“SNDK fell 4.1% as profit-taking hit after the stock surged 37% in the past month and over 500% YTD. Memory peers MU and SK Hynix also declined, confirming a sector-wide consolidation rather than a company-specific issue. The AI-driven NAND shortage story remains intact -- SanDisk has $94B in long-term contracts and data-center revenue grew 437% last fiscal year. A normal pullback in a powerful uptrend. Hold if you own; on weakness it remains a buy given the structural demand tailwind through 2028.”
Updated 09-11 06:04
Key Data
- P/E
- 21.8 [Industry 40.2]
- Revenue Growth
- +175.3%
- Net Income Growth
- +796.7%
- EPS
- $77.78
Market Read
🌐 Geopolitics Bearish
US-China semiconductor export controls remain fluid — the MATCH Act targets advanced chip equipment to China, while reports suggest the Trump administration may allow Apple to source NAND from China's YMTC/CXMT, posing a direct competitive threat to Sandisk's market position.
📊 Industry Bullish
NAND flash inventories at Samsung and SK hynix have fallen below 10 days, memory prices surged ~60-125% in 2026, and Gartner projects semiconductor revenue to hit $1.3 trillion — Sandisk has $93.9B in long-term customer agreements and its HBF technology is gaining traction in AI inference.
📈 Market Bearish
A broad semiconductor selloff is underway with the SOX index declining, as investors take profits following SNDK's ~643% YTD surge and rotate out of AI/memory names amid rising bond yields and geopolitical uncertainty.
⚡ Breaking Bearish
Sandisk shares dropped 4% today as multi-million dollar insider stock sales by the CLO and CTO under Rule 10b5-1 plans, combined with analyst price target trims (Mizuho lowered to $1,875 from $1,900), triggered profit-taking near the stock's recovery from its 30% peak-to-trough correction.
Updated 09-11 06:04
Event Calendar
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Other Q3 Earnings Release
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Other Fed Interest Rate Decision
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Other FOMC Economic Projections
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Other Fed Press Conference
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Other Core Inflation Rate YoY (Aug)
Updated 09-11 06:04
Market Expectation ?
Target prices and investment ratings come from analysts at Wall Street firms such as Goldman Sachs, Morgan Stanley and Bank of America, aggregated by data providers.
Target Price
2152.81
Consensus
Buy
Strong Buy
0
Buy
14
Hold
2
Sell
0
Strong Sell
0
Aggregated from 16 Wall Street analyst ratings