Professional
Added to YB: 2025-06-20
Pitch date: 2025-06-18
SNDK [bullish]
Sandisk Corporation
+338.87%
current return
Author Info
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Company Info
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally.
Market Cap
$32.7B
Pitch Price
$46.98
Price Target
61.00 (-70%)
Dividend
N/A
EV/EBITDA
68.14
P/E
-18.63
EV/Sales
4.22
Sector
Technology Hardware, Storage and Peripherals
Category
value
BofA Initiates Sandisk (SNDK) at Buy: 38% Upside on Memory Pricing Tailwinds
SNDK (analyst initiation - buy): Buy from BofA (PT $61, 38% upside) at 1x CY26 P/B. Bullish on improving NAND flash pricing, margin upside, superior end-market mix, JV structure with shared capex, attractive valuation vs peers. Leading flash storage developer with favorable supply-demand dynamics.
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