Sandisk, US80004C2008

Cantor Fitzgerald cuts target for Sandisk stock from USD 2,900.00 to USD 2,200.00

Published on 10/26/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue reached USD 8.96 billion, up 371.60 percent year over year. Sandisk stock costs EUR 1,125.00 on October 26, 2026.

Analyst target and results

Cantor Fitzgerald cut its Sandisk target from USD 2,900.00 to USD 2,200.00 on October 26, 2026.
Quarterly revenue reached USD 8.96 billion, up 371.60 percent year over year.
Sandisk stock stood at EUR 1,125.00 at Lang & Schwarz on October 26, 2026 at 5:03 p.m. CEST.
The company had USD 182.9 billion in market capitalization and a 17.11 price-to-earnings ratio on October 26, 2026.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk's target was cut by Cantor Fitzgerald from USD 2,900.00 to USD 2,200.00 in a research note issued on October 26, 2026, MarketBeat reports. Sandisk was trading at EUR 1,125.00 at Lang & Schwarz on October 26, 2026 at 5:03 p.m. CEST, after the Xetra session.

Revenue sets a high comparison

Sandisk reported quarterly revenue of USD 8.96 billion, up 371.60 percent from the same quarter a year earlier. The company also reported earnings per share of USD 39.25 against consensus of USD 33.28, according to MarketBeat.

Stock stays below its yearly high

On the Nasdaq, Sandisk was trading at USD 1,265.84 on October 26, 2026 at 12:08 p.m. ET, up 2.25 percent from USD 1,238.03. The session volume was 3,628,174 shares.

The 52-week range stood at USD 164.56 to USD 2,354.39 on October 26, 2026. The Nasdaq price was 46.23 percent below the 52-week high, placing the recent target revision against a volatile share-price backdrop.

Valuation meets an earnings date

Sandisk had a market capitalization of USD 182.9 billion and a price-to-earnings ratio of 17.11 on October 26, 2026. Its latest quarterly net income was USD 6.90 billion, while operating cash flow reached USD 7.13 billion for the quarter ended July 3, 2026.

Sandisk Corporation said in its September 29, 2026 release that the fiscal first-quarter 2027 earnings call is scheduled for October 29, 2026. The company identifies itself as a semiconductor memory supplier serving consumer devices, enterprise storage and AI infrastructure, according to its Sandisk release.

What the target cut changes

The revised USD 2,200.00 target remains above the Nasdaq price of USD 1,265.84, while the target cut reduces the valuation level Cantor Fitzgerald is assigning to the company. For investors, the next earnings report will test whether the USD 8.96 billion quarterly revenue base can support the valuation.

Price and investor perspective

Sandisk combines a 17.11 price-to-earnings ratio with a 46.23 percent gap to its 52-week high and a scheduled fiscal first-quarter report on October 29, 2026.

The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.