Sandisk, US80004C2008

Mizuho raised target for Sandisk stock to USD 2,050.00

Published on 10/13/2026 at 12:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho set a USD 2,050.00 target on October 6, 2026. Sandisk stock costs EUR 1,275.00 on October 13, 2026 at a USD 220.3 billion value.

Key points in brief

Mizuho raised its Sandisk target from USD 1,875.00 to USD 2,050.00 on October 6, 2026.
Fiscal fourth-quarter revenue reached USD 8.97 billion, up 51.00 percent sequentially.
Sandisk was trading at EUR 1,275.00 at Lang & Schwarz on October 13, 2026 at 12:44 p.m. CEST.
The next fiscal first-quarter earnings call is scheduled for October 29, 2026.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk stock (ISIN US80004C2008) was trading at EUR 1,275.00 at Lang & Schwarz on October 13, 2026 at 12:44 p.m. CEST. Mizuho raised its target for Sandisk from USD 1,875.00 to USD 2,050.00 on October 6, 2026, according to TipRanks.

Three milestones reshape the picture

On August 5, 2026, Sandisk reported fiscal fourth-quarter revenue of USD 8.97 billion, up 51.00 percent sequentially, with GAAP net income of USD 6.90 billion and diluted earnings per share of USD 43.97, according to Sandisk. On September 29, 2026, the company scheduled its fiscal first-quarter 2027 earnings call for October 29, 2026, at 1:30 p.m. Pacific Time, the same release page states.

On October 6, 2026, Mizuho lifted its target from USD 1,875.00 to USD 2,050.00 while keeping an Outperform rating, TipRanks reported. The target change gives the market a fresh valuation reference after Sandisk's fiscal 2026 revenue reached USD 20.25 billion.

What supports the valuation?

S&P Global Ratings upgraded Sandisk to BBB from BB+ on October 12, 2026, citing demand and balance-sheet strength. The agency expects fiscal 2027 revenue of more than USD 45 billion and free operating cash flow of more than USD 23 billion.

The counterweight is concentration in flash memory and the role of pricing in the recent expansion. S&P Global Ratings said data-center revenue grew 437.00 percent in fiscal 2026, while its analysis also identified the risk that weaker demand or additional industry capacity could pressure NAND prices.

Next dates for Sandisk investors

Sandisk's fiscal first-quarter 2027 earnings call is scheduled for October 29, 2026, according to the company's September 29, 2026 release. Its annual meeting of stockholders is scheduled for November 17, 2026, according to the investor-relations calendar.

Stock price and market value

Sandisk was trading at EUR 1,275.00 at Lang & Schwarz on October 13, 2026 at 12:44 p.m. CEST. The finance quote showed a USD 220.3 billion market capitalization and a USD 120.96 to USD 2,354.39 52-week range as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.