Mizuho raises target for Sandisk stock from USD 1,875.00 to USD 2,050.00
Published on 10/07/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sandisk (ISIN US80004C2008) was trading at EUR 1,485.00 at Lang & Schwarz on October 7, 2026 at 3:58 p.m. CEST, while Mizuho raised its price target from USD 1,875.00 to USD 2,050.00 on October 6, 2026. According to MarketBeat, Mizuho maintained an Outperform rating.
Fiscal 2026 revenue reaches USD 20.25 billion
Sandisk reported record revenue of USD 20.25 billion for fiscal 2026, up 175.00 percent from fiscal 2025. The company also reported GAAP net income of USD 11.43 billion for fiscal 2026, compared with a USD 1.64 billion loss in fiscal 2025, according to StockTitan. That comparison gives the valuation debate a clear operating anchor: the latest annual earnings profile is materially different from the prior year.
Sandisk's fiscal 2026 operating cash flow reached USD 11.67 billion, compared with USD 84.00 million in fiscal 2025. The balance sheet also carried zero total debt at the fiscal 2026 year end, according to the filing summary published by StockTitan.
October 29 results set the next test
Sandisk is scheduled to report fiscal first quarter 2027 results on October 29, 2026, with the earnings call set for 1:30 p.m. Pacific Time. The date was announced by Business Wire. The upcoming report will test whether the fiscal 2026 growth rate is translating into durable quarterly demand rather than only reflecting a favorable memory cycle.
EUR 1,485.00 versus EUR 1,475.00
Sandisk was trading at EUR 1,485.00 at Lang & Schwarz on October 7, 2026 at 3:58 p.m. CEST, up 0.68 percent versus the prior close of EUR 1,475.00. The primary listing is NASDAQ in USD, while the Lang & Schwarz quote remains the reference price for investors tracking the stock in euros.
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 7, 2026 at 3:58 p.m. CEST: EUR 1,485.00
- Change versus prior close: plus 0.68 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 1,475.00
- Market capitalization: USD 246.8 billion as of October 7, 2026
- 52-week range: USD 116.17-2,354.39 as of October 7, 2026
- Sector / Industry: Technology / Computer Hardware
- Index membership: S&P 500 and NASDAQ 100
- Next earnings date: October 29, 2026
