Top Wall Street Forecasters Revamp Sandisk Expectations Ahead Of Q4 Earnings

Benzinga Earnings
08/05

Sandisk Corporation (NASDAQ:SNDK) will release its fourth quarter earnings report after the closing bell on Wednesday, Aug. 5.

Analysts expect the Milpitas, California-based company to report quarterly earnings of $34.45 per share, up sharply from 29 cents per share in the year-ago period. The consensus estimate for Sandisk’s quarterly revenue is $8.39 billion. It reported $1.9 billion last year, according to Benzinga Pro.

On April 30, SanDisk posted better-than-expected third-quarter results.

Shares of Sandisk gained 10.8% to close at $1,427.62 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Susquehanna analyst Mehdi Hosseini maintained a Positive rating and cut the price target from $3,250 to $3,050 on July 23, 2026. This analyst has an accuracy rate of 78%.
  • Wells Fargo analyst Aaron Rakers maintained the stock with an Equal-Weight rating and raised the price target from $1,250 to $1,620 on July 22, 2026. This analyst has an accuracy rate of 87%.
  • B of A Securities analyst Wamsi Mohan maintained the stock with a Buy and raised the price target from $2,100 to $2,500 on July 1, 2026. This analyst has an accuracy rate of 86%.
  • Citigroup analyst Asiya Merchant maintained the stock with a Buy and raised the price target from $2,025 to $2,500 on June 25, 2026. This analyst has an accuracy rate of 89%.
  • Mizuho analyst Vijay Rakesh maintained the stock with an Outperform rating and boosted the price target from $1,825 to $2,200 on June 8, 2026. This analyst has an accuracy rate of 83%

Considering buying SNDK stock? Here’s what analysts think:

Photo via Shutterstock

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