Companies /Technology

Sandisk Corp

NASDAQ: SNDK Computer Hardware
$1,692.42
▲ $31.96 (+1.92%) today
Markets closed · 7:56am ET

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SNDK at a Glance

Valuation
Market cap
$247.8B
P/E ratio
22.5
Profitability
Revenue (TTM)
$20.2B
Profit margin
56.5%
EPS (TTM)
$75.18
Price
52-week range
$116 – $2,354
24/7 target
$1,501.71
Street target
$2,136.54
Earnings
Next report
Oct 29, 2026

Headquartered in Milpitas, CA Fiscal year ends June NASDAQ: SNDK sandisk.com

About SanDisk

Sandisk Corporation (Nasdaq: SNDK) is a global semiconductor memory company with over 30 years of innovation in NAND flash technology. The company is vertically integrated, with ownership spanning chip-level design and intellectual property, front-end and back-end manufacturing, and systems engineering and design. Sandisk completed its separation from Western Digital Corporation on February 21, 2025, becoming a standalone publicly traded company. Its product portfolio includes solid state drives, embedded products, removable cards, USB drives, and wafers and components, serving three primary end markets: Datacenter (enterprise and cloud storage for AI workloads), Edge (devices and client applications), and Consumer (retail flash storage). The company operates through a joint venture called Flash Ventures and has introduced New Business Model agreements that deepen long-term customer partnerships through prepayment and deposit arrangements. Sandisk's technologies enable data storage and analysis across applications ranging from personal computing and gaming to large-scale enterprise and public cloud deployments, with a growing focus on artificial intelligence infrastructure. Updated

Latest Activity

Biggest movers · On the open
  • CEGConstellation Energy$300+12.1%
  • SMRNuScale Power$8.27+7.7%
  • MRVLMarvell Technology$288.1+6.2%
  • AAOIApplied Optoelectronics$128.77+5.9%
  • ALABAstera Labs$381.06+5.2%
  • STXSeagate Technology$831.22-6.3%
  • SKHYSK hynix Inc.$188.84-3.2%
  • IQiQIYI$1-2.4%
  • SNDKSanDisk$1,675-1.7%
  • MUMicron Technology$1,046.76-1.6%

Constellation Energy opened 12.1% higher at $300, the biggest move across 385 priority names, with NuScale Power close behind. Storage is on the other side of the ledger: Seagate down 6.3%, SanDisk and Micron also lower.

Reddit's most-discussed stocks · Sep 30
  1. 1MUbullish417 comments · 1.7K upvotes
  2. 2SKHYbullish203 comments · 1.1K upvotes
  3. 3NVDAsplit308 comments · 902 upvotes
  4. 4SNDKbullish106 comments · 745 upvotes
  5. 5AMZNsplit296 comments · 1.1K upvotes

UBERheating up

MSFTsouring fast

Memory is where the crowd is parked today: Micron drew 417 comments, with Sandisk and SK Hynix riding the same AI storage trade. Nvidia and Amazon are drawing arguments on both sides, Uber chatter is heating up, and Microsoft is souring fast.

Source: Reddit
Biggest movers · At the close
  • BRKRBruker$64.13+7.5%
  • TEMTempus AI$82.15+7.3%
  • IONQIonQ$45.01+5.8%
  • AFRMAffirm$71.54+5.1%
  • METAMeta$778.35+4.6%
  • ARMArm$304.35-8.5%
  • APPSDigital Turbine$10.94-5.2%
  • GPROGoPro$1.25-4.6%
  • GMGeneral Motors$80.22-4.2%
  • SNDKSanDisk$1,753.24-3.5%

Arm's 8.5% slide was the deepest move in a 111-stock priority list at Wednesday's close, with Bruker leading the upside at 7.5%.

Biggest movers · At the close
  • MARAMarathon Digital$13.21+13.5%
  • SNDKSanDisk$1,787.02+10.7%
  • CIFRCipher Mining$18.27+7.9%
  • COHRCoherent$318.27+7.5%
  • IRENIren$46.53+7.0%
  • SMRNuScale Power$8.32-7.9%
  • IQiQIYI$1.01-7.7%
  • ASANAsana$9.45-6.4%
  • QCOMQualcomm$178.02-5.7%
  • GMGeneral Motors$82.35-4.9%

Bitcoin miners owned Thursday's close, led by Marathon Digital finishing 13.5% higher, with Cipher Mining and Iren both up 7% or more. Large-cap losses ran heavier than usual, with Qualcomm off 5.66% and General Motors down 4.93%.

A single $44 million bet on Micron calls expiring October 2 is the tell: someone is positioning for a violent upside move in memory and semis within two weeks.

"Someone" just bought a boatload of short data (October2) calls Intel 115 $3.8 m; Marvell 250sm $3.8 million; Sandisk 1600s $41 million, Micron $1000s $44 million. If i didn't know any better I would say Leopold is back!!!
  • Replies64
  • Reposts33
  • Likes435
Biggest movers · At the close
  • GPROGoPro$1.73+24.1%
  • SNDKSanDisk$1,735.55+11.6%
  • ALABAstera Labs$311.74+10.2%
  • SKHYSK hynix Inc.$177.22+8.3%
  • IRENIren$44.65+7.2%
  • ASANAsana$8.9-11.8%
  • TSLATesla$354.48-5.8%
  • WDAYWorkday$195.78-5.4%
  • NFLXNetflix$78.31-5.3%
  • SNOWSnowflake$337.85-5.2%

Thursday's close split hard along hardware versus software: GoPro added 24.1% and SanDisk, Astera Labs and SK hynix all posted double-digit or near double-digit gains, while Asana, Workday and Snowflake each shed more than 5%. Tesla and Netflix fell with them.

Biggest movers · At the close
  • GPROGoPro$0.86+43.5%
  • TSLATesla$368.39+5.6%
  • SNDKSanDisk$1,562.46+5.2%
  • IRENIren$37.09+4.6%
  • ULTAUlta Beauty$537.5+3.9%
  • TTWOTake-Two Interactive$220.06-6.5%
  • AXONAxon Enterprise$568.95-5.3%
  • LYFTLyft$16.86-4.7%
  • AFRMAffirm$74.35-4.4%
  • UBERUber$75.6-4.1%

GoPro closed up 43% at 86 cents, a sub-dollar stock swinging harder than anything else in the 111-name priority list. Tesla and SanDisk added better than 5%, while Take-Two led the decliners at 6.5% lower.

Biggest movers · At the close
  • SNDKSanDisk$1,773.38+8.1%
  • COHRCoherent$351.61+7.9%
  • FNFabrinet$596.63+4.6%
  • DOCNDigitalOcean$135.86+4.6%
  • FUTUFutu Holdings$109.67+4.2%
  • CLOVClover Health$4.25-7.7%
  • TTDTrade Desk$13.39-5.3%
  • SOUNSoundHound AI$7.06-5.0%
  • OPENOpendoor Technologies$3.48-4.4%
  • LMNDLemonade$50.33-4.4%

Nearly 16 points separated the best and worst names in a 110-stock board at Monday's close, with SanDisk up 8% at $1,773 and Clover Health down almost 8%. Hardware led, small-cap growth lagged.

Biggest movers · At the close
  • AAOIApplied Optoelectronics$150.13+15.4%
  • FUBOfuboTV$10.46+6.7%
  • SNDKSanDisk$1,627.62+6.5%
  • CIFRCipher Mining$17.69+6.4%
  • AMDAMD$508.57+5.3%
  • DUOLDuolingo$134.39-6.7%
  • ASANAsana$9.21-6.7%
  • SMRNuScale Power$9.27-5.9%
  • ACHRArcher Aviation$6.56-5.9%
  • AMCAMC Entertainment$2.51-4.8%

Applied Optoelectronics closed out the week up 15.4% at $150.13, nearly triple the next best move on the board. Chip and storage names filled in behind it, while Duolingo and Asana ended the week lower.

Portfolio concentrationLeopold AschenbrennerSituational Awareness
77.3%in the top 5 names · 23 long positions disclosed
  • SNDKSANDISK CORP
    28%
  • MUMICRON TECHNOLOGY INC
    27.5%
  • BEBLOOM ENERGY CORP
    9.4%
  • TSMTAIWAN SEMICONDUCTOR MANUFAC
    6.2%
  • NBISNEBIUS GROUP N.V.
    6.1%

As of Jun 30, 2026 · disclosed Aug 14, 2026 · ~45 days stale — long positions only.

Leopold Aschenbrenner's Situational Awareness had 77.3% of its long book in five names as of June 30, with memory alone accounting for more than half. That is the portfolio behind the roughly $15 billion hit Jane Street took in July, disclosed only now and before the forced sale to Citadel.

SNDK Coverage

Frequently Asked Questions

What does SanDisk do?

Sandisk Corporation (Nasdaq: SNDK) is a global semiconductor memory company with over 30 years of innovation in NAND flash technology. The company is vertically integrated, with ownership spanning chip-level design and intellectual property, front-end and back-end manufacturing, and systems engineering and design.

What is the SNDK stock price target?

24/7 Wall St.'s 12-month price target for SNDK is $1,501.71, rated Hold. The Wall Street consensus target is $2,136.54. SNDK price prediction →