Mizuho raises target for Sandisk stock to USD 2,050.00
Published on 10/15/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and upcoming dates
- Mizuho raised its target from USD 1,875.00 to USD 2,050.00 on October 5, 2026.
- Fiscal fourth-quarter revenue rose 51.00 percent sequentially to USD 8.97 billion.
- Sandisk stock trades at EUR 1,195.00 at 10:00 a.m. CEST at Lang & Schwarz on October 15, 2026.
- Fiscal first-quarter 2027 results are scheduled for October 29, 2026.
Sandisk (ISIN US80004C2008) has received a higher Mizuho target of USD 2,050.00, up from USD 1,875.00, in a note dated October 5, 2026, as TheStreet reported. Sandisk stock was trading at EUR 1,195.00 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST.
Three events set the sequence
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 the companys Sandisk release page. On September 29, 2026, the company scheduled its fiscal first-quarter 2027 results for October 29, 2026. On October 5, 2026, Mizuho raised its target from USD 1,875.00 to USD 2,050.00.
What does the target increase reflect?
The target change followed a sharp improvement in Sandisk revenue. Fiscal fourth-quarter revenue rose 51.00 percent sequentially, while GAAP diluted earnings per share reached USD 43.97 for the three months ended July 3, 2026, according to Sandisk. The company said roughly one-third of sequential revenue growth came from higher volumes and two-thirds from higher pricing.
Dates for the next assessment
The next scheduled date is October 29, 2026, when Sandisk will publish fiscal first-quarter 2027 results and hold its earnings call, according to Sandisk. The annual meeting of stockholders is scheduled for November 17, 2026.
Valuation meets a fresh earnings test
Sandisk enters the October 29 report with a market capitalization of USD 202.8 billion as of October 14, 2026. Its 52-week range is USD 136.29 to USD 2,354.39, placing the current US quote below the yearly high while the new Mizuho target remains below the higher targets cited by some other analysts.
Sandisk was trading at EUR 1,195.00 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.
Sandisk stock key data
- Company: Sandisk Corporation
- ISIN: US80004C2008
- Ticker: SNDK
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 15, 2026, 10:00 a.m. CEST): EUR 1,195.00
- Market capitalization: USD 202.8 billion (as of October 14, 2026)
- 52-week range: USD 136.29-2,354.39 (as of October 14, 2026)
- Sector / Industry: Technology / Computer Hardware
Market context: Market report S&P 500.
