SNDK trades 27.9% above Wall Street's consensus target of $1574.69.
Last 12 months price action with 12-month analyst target path
The base valuation assumes SNDK achieves its forward estimates and maintains a stable P/E multiple of 33.4x. This scenario reflects the blended consensus of 15 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Sandisk Corporation (SNDK) has a Wall Street consensus price target of $1574.69, based on estimates from 15 covering analysts. With the stock currently trading at $2184.75, this represents a potential downside of -27.9%. The company has a market capitalization of $322.47B.
Analyst price targets range from a low of $450.00 to a high of $2900.00, representing a 156% spread in expectations. The median target of $1435.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, SNDK trades at a trailing P/E of -193.0x and forward P/E of 33.4x. Analysts expect EPS to grow +121.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $459.66, with bear and bull scenarios of $289.59 and $605.65 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MUMicron Technology, Inc. | $1.3T | $1133.99 | $1092.05 | -3.7% | Buy | 18.4x | 70 |
WDCWestern Digital Corporation | $253.0B | $746.23 | $479.29 | -35.8% | Buy | 74.7x | 61 |
STXSeagate Technology Holdings plc | $233.4B | $1070.23 | $754.64 | -29.5% | Buy | 71.8x | 52 |
IOSPInnospec Inc. | $2.0B | $82.73 | $115.00 | +39.0% | Hold | 17.1x | 9 |
SIMOSilicon Motion Technology Corporation | $2.7B | $321.66 | $251.25 | -21.9% | Buy | 36.8x | 31 |
MRVLMarvell Technology, Inc. | $271.7B | $310.58 | $241.46 | -22.3% | Buy | 76.8x | 73 |
AMBAAmbarella, Inc. | $3.1B | $69.97 | $103.50 | +47.9% | Buy | 90.3x | 36 |
IDCCInterDigital, Inc. | $7.6B | $296.04 | $450.00 | +52.0% | Buy | 41.1x | 16 |
AMATApplied Materials, Inc. | $490.0B | $617.11 | $533.65 | -13.5% | Buy | 50.5x | 53 |
LRCXLam Research Corporation | $485.8B | $389.04 | $349.22 | -10.2% | Buy | 68.5x | 50 |
Quick answers to the most common questions about buying SNDK stock.
SNDK's consensus price target is $1574.69, -27.9% below the current price of $2184.75. The 15 analysts tracking SNDK see downside risk at present valuations.
SNDK has a consensus rating of "Buy" based on 15 Wall Street analysts. The rating breakdown is predominantly bullish, with 13 Buy/Strong Buy ratings. The consensus 12-month price target of $1574.69 implies -27.9% downside from current levels.
SNDK trades at a forward P/E of 33.3561x, representing a moderate valuation. With analysts targeting $1574.69 (-27.9% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $2900 for SNDK, while the most conservative target is $450. The consensus of $1574.69 represents the median expectation. Our quantitative valuation model projects a bull case target of $606 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SNDK is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SNDK stock forecast based on 15 Wall Street analysts shows a consensus price target of $1574.69, with estimates ranging from $450 (bear case) to $2900 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $460, with bear/bull scenarios of $290/$606.
Our quantitative valuation model calculates SNDK's fair value at $460 (base case), with a bear case of $290 and bull case of $606. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
SNDK trades at a forward P/E ratio of 33.4x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on SNDK, with 0 Sell ratings and a price target of $1574.69 (-27.9% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
SNDK analyst price targets range from $450 to $2900, a 156% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $1574.69 consensus represents the middle ground. Our model's $290-$606 range provides an independent fundamental perspective.
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