Sandisk, US80004C2008

Mizuho raises target for Sandisk stock to USD 2,050.00

Published on 10/14/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue reached USD 8.97 billion. Sandisk stock trades at EUR 1,290.00 on October 14, 2026.

Analyst target and reporting dates

Mizuho raised its Sandisk target to USD 2,050.00 on October 6, 2026.
Fiscal fourth-quarter revenue reached USD 8.97 billion on August 5, 2026.
Sandisk stock trades at EUR 1,290.00 at 12:04 p.m. CEST at Lang & Schwarz on October 14, 2026.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk (ISIN US80004C2008) had its Mizuho price target raised from USD 1,875.00 to USD 2,050.00 on October 6, 2026, according to TipRanks. The move keeps the analyst view tied to demand for memory used in agentic artificial intelligence applications.

What does the target reset change?

Mizuho retained its Outperform rating while lifting the target by USD 175.00, a 9.33 percent increase from USD 1,875.00. The change offers a quantified benchmark for a stock that has moved sharply during 2026, while the October 29 results call is the next major test of demand, pricing and margins.

Three milestones and their figures

Sandisk reported fiscal fourth-quarter revenue of USD 8.97 billion and GAAP net income of USD 6.90 billion on August 5, 2026. Revenue rose 51.00 percent sequentially, with the company attributing roughly one-third of the increase to higher volumes and two-thirds to higher pricing.

On August 13, 2026, Sandisk presented a long-term financial model and said it expected to return 100 percent of excess cash to shareholders after investment needs, according to the company's investor-relations release. The figures frame the October target reset as a valuation decision tied to both operating growth and capital allocation.

Next reporting dates

Sandisk's investor-relations calendar lists the fiscal first-quarter 2027 earnings call for October 29, 2026, and the annual meeting of stockholders for November 17, 2026. The October report will provide the next periodized evidence on revenue, profitability and NAND pricing.

EUR 1,290.00 in afternoon trading

Sandisk was trading at EUR 1,290.00 at Lang & Schwarz on October 14, 2026, at 12:04 p.m. CEST. The current euro quote is presented without a daily percentage because the dated Xetra reference close required for the comparison is not carried in the substantiated market record.

Market context: Market report Nasdaq Composite.