Mizuho lifts target for Sandisk stock from USD 1,875 to USD 2,050
Published on 10/16/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and earnings calendar
- Mizuho's Sandisk target reached USD 2,050 on October 11, 2026.
- Fiscal fourth-quarter revenue was USD 8.97 billion, up 51.00 percent sequentially.
- Sandisk stock traded at EUR 1,225.00 at 10:05 a.m. CEST at Lang & Schwarz on October 16, 2026.
Sandisk (ISIN US80004C2008) is the subject of a Mizuho target increase from USD 1,875 to USD 2,050, as MarketBeat reported on October 11, 2026. The call adds a valuation benchmark before Sandisk reports its next fiscal quarter.
Target rises before the report
The Mizuho target is one of several recent bullish analyst actions cited by MarketBeat. The article also identified a USD 2,400 target from Rosenblatt and a USD 3,000 target from Arete Research, but those figures belong to separate analyst notes and are not combined with the Lang & Schwarz euro quotation.
Sandisk's operating backdrop strengthened sharply in fiscal fourth quarter 2026. The company reported revenue of USD 8.97 billion, up 51.00 percent sequentially, while GAAP net income reached USD 6.90 billion and diluted earnings per share stood at USD 43.97, according to Sandisk. Higher pricing supplied two-thirds of the sequential revenue increase, with higher volumes contributing the remaining third.
What does the next report test?
The next report will show whether the fiscal fourth-quarter pricing mix continued into the new fiscal year. Sandisk's fiscal 2026 revenue was USD 20.25 billion, compared with USD 7.36 billion in fiscal 2025, while net income moved from a USD 1.64 billion loss to USD 11.43 billion, based on standardized financial statements for the two fiscal years.
Three dated milestones
On August 5, 2026, Sandisk reported fiscal fourth-quarter revenue of USD 8.97 billion and GAAP net income of USD 6.90 billion, according to Sandisk. On September 29, 2026, the company scheduled its fiscal first-quarter 2027 earnings call for October 29, 2026, according to Sandisk. On October 11, 2026, MarketBeat reported that Mizuho had raised its target from USD 1,875 to USD 2,050.
Dates for the calendar
Sandisk's next fiscal first-quarter earnings call is scheduled for October 29, 2026, at 1:30 p.m. Pacific Time, according to Sandisk. The annual meeting of stockholders is scheduled for November 17, 2026.
Stock trades at EUR 1,225.00
Sandisk was trading at EUR 1,225.00 at Lang & Schwarz on October 16, 2026 at 10:05 a.m. CEST. The next earnings date and the Mizuho target give investors two concrete reference points for the stock's valuation and operating outlook.
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 16, 2026, 10:05 a.m. CEST): EUR 1,225.00
- Sector / Industry: Technology / Computer Hardware
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
