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SNDK
Benzinga
5 days

Top Wall Street Forecasters Revamp Sandisk Price Expectations Ahead Of Q4 Earnings

1. SNDK will report Q4 earnings on August 14, expecting $1.83 billion revenue. 2. Analysts predict earnings of 3 cents per share for Sandisk. 3. Collaboration with SK hynix aims to standardize high bandwidth flash technology. 4. Analysts maintain positive ratings with target prices ranging from $57 to $62. 5. Wells Fargo reduced its target price from $56 to $45, impacting sentiment.

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FAQ

Why Bullish?

Despite a target price reduction from Wells Fargo, overall analyst sentiment remains positive.

How important is it?

Earnings projections and analyst coverage directly connect to SNDK's performance and investor interest.

Why Short Term?

Earnings report set for shortly, likely to influence price quickly; historical responses show immediate effects post-earnings.

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