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Stock of the Day: Sandisk

Sandisk
SNDK 90-day performance NASDAQ:SNDK Sandisk
Current Price
$238.62
+19.16 (+8.73%)
(As of 12:03 PM ET)
30 Day Performance
-2.98%
  
  
90 Day Performance
133.46%
  
 
Market Capitalization
$34.97B
P/E Ratio
745.69
Price Target
$213.33

Sandisk Corporation offers flash storage solutions. The Company designs, develops, and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware, and software technologies. The Company operates through the flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB) drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets, and other computing devices. Its embedded products are used for mobile phones, tablets, notebooks, and other portable and wearable devices, as well as in automotive and connected home applications. Its removable products include cards, USB flash drives, Wireless Drives, and Digital Media Players at a range of storage capacities. It also sells memory wafers and memory components.

Founded in 1988 and publicly listed as SNDK on Nasdaq in 1995, Sandisk was acquired by Western Digital Corporation in 2016 in a $19 billion deal, becoming part of WD’s broader storage solutions business. In 2025, Sandisk was spun off from Western Digital and once again listed as an independent company on Nasdaq under the ticker SNDK.

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