SanDisk (SNDK) Stock Plunges 25% in Four Days — Analysts Remain Bullish Despite Selloff
Analysts have mostly kept price targets intact as SanDisk’s earnings estimates hold steady and its forward multiple falls to 7.9x.
6 Articles
6 Articles
SanDisk (SNDK) Stock Plunges 25% in Four Days — Analysts Remain Bullish Despite Selloff
Key Takeaways SNDK shares have declined 24.8% over four trading sessions through Thursday, marking the steepest weekly drop since March 2025 Shares now sit 39% beneath their June peak, with no negative earnings guidance or company warnings issued Analyst consensus stands at Buy, featuring an average target price of $1,755.75 Major firms including Bank of America, Bernstein, and Citigroup maintain targets ranging from $2,500 to $3,000 The stock …
Investors' withdrawal from chip stocks deepened on Thursday, with shares of many companies, including Sandisk, Intel, Oracle and AMD, falling further.
SanDisk stock is stuck in a bear market: buy the dip or sell the rip?
SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year. Still, top analysts tracking the company have maintained a bullish outlook, pointing to its strong growth. Many analysts are bullish on the SanDisk stock Top analysts covering SanDisk believe the stock has significant upside potential. The most bullish among them is Susquehanna's Mehdi Hosseini, wh…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
