Goldman Sachs sets USD 2,200 target for Sandisk stock
Published on 10/23/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and operating proof
- On October 12, 2026, Goldman Sachs set a USD 2,200 target and Buy rating for Sandisk.
- Fiscal fourth-quarter revenue reached USD 8.965 billion, up 372.00 percent year over year.
- Sandisk stock traded at EUR 1,165.00 at 11:02 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Sandisk will report first-quarter fiscal 2027 results on October 29, 2026.
Sandisk Corporation (ISIN US80004C2008) traded at EUR 1,165.00 at Lang & Schwarz on October 23, 2026, at 11:02 a.m. CEST. Goldman Sachs rated the company Buy and set a USD 2,200 price target in a research note dated October 12, 2026, according to Yahoo Finance.
Target meets a powerful quarter
Goldman Sachs based its view on Sandisk's position in high-performance NAND and growing demand from artificial intelligence infrastructure. The same report said Sandisk's fiscal fourth-quarter revenue reached USD 8.97 billion, up 372.00 percent year over year, while the company guided fiscal first-quarter revenue to USD 10.30 billion-USD 10.80 billion.
What does the target mean for margins?
The margin profile is the central test. Sandisk reported non-GAAP gross margin of 84.60 percent in fiscal fourth quarter 2026, compared with 78.40 percent in the preceding quarter and 26.40 percent a year earlier, according to the Yahoo Finance earnings transcript. Data center revenue reached USD 2.977 billion, up 103.00 percent sequentially, while consumer revenue fell to USD 556.00 million, down 32.00 percent quarter over quarter.
Three dated signals for Sandisk
On August 5, 2026, Sandisk reported fiscal fourth-quarter revenue of USD 8.965 billion and diluted earnings per share of USD 43.97, according to the Yahoo Finance transcript. On October 6, 2026, Mizuho raised its target from USD 1,875.00 to USD 2,050.00, as reported by MarketBeat. On October 12, 2026, Goldman Sachs set the USD 2,200 target.
Upcoming dates
Sandisk will report first-quarter fiscal 2027 results on October 29, 2026, at 1:30 p.m. Pacific Time, according to the Sandisk release. The annual meeting of stockholders is scheduled for November 17, 2026, according to Sandisk's investor-relations page.
Stock price and investor view
Sandisk's operating figures give the analyst target a clear performance hurdle: fiscal fourth-quarter revenue was USD 8.965 billion, while first-quarter guidance points to USD 10.30 billion-USD 10.80 billion. The next earnings release will test whether pricing power and data-center demand can support the current margin level.
Sandisk was trading at EUR 1,165.00 at Lang & Schwarz on October 23, 2026, at 11:02 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.
Sandisk stock facts
- Company: Sandisk Corporation
- ISIN: US80004C2008
- Ticker: SNDK
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 11:02 a.m. CEST): EUR 1,165.00
- Sector / Industry: Technology / Computer Hardware
Market context: Market report S&P 500.
