Sandisk, US80004C2008

Sandisk stock: Mizuho reiterates USD 2,050 target for Sandisk stock

Published on 10/23/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandisk reports fiscal first-quarter results on October 29, 2026. Sandisk stock costs EUR 1,150.00 on October 23, 2026 at 4:31 p.m. CEST.

Analyst target and earnings date

Mizuho reiterated its USD 2,050.00 Sandisk target on October 21, 2026.
Analysts expect USD 10.58 billion in fiscal first-quarter revenue against guidance of USD 10.30 billion to USD 10.80 billion.
Sandisk stock costs EUR 1,150.00 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk Corporation (ISIN US80004C2008) remains tied to Mizuho's USD 2,050.00 price target, which the firm reiterated on October 21, 2026, according to Investing.com. Sandisk was trading at EUR 1,150.00 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST.

Mizuho target meets an earnings test

Mizuho kept its Outperform rating and USD 2,050.00 target ahead of Sandisk's September-quarter report. The target was raised from USD 1,875.00 on October 6, 2026, according to the market report carried by Yahoo Finance.

The next test arrives on October 29, 2026. Sandisk scheduled its fiscal first-quarter earnings call for that date in a September 29, 2026 release, published on its investor-relations site.

Revenue expectations stay elevated

For the fiscal first quarter, analysts expect revenue of USD 10.58 billion, versus company guidance of USD 10.30 billion to USD 10.80 billion. The estimate would be 358.00 percent above USD 2.31 billion a year earlier and 18.00 percent above the prior quarter's USD 8.97 billion, according to Finviz.

The same preview put non-GAAP gross-margin guidance at 83.00 percent to 85.00 percent and fiscal first-quarter non-GAAP earnings-per-share guidance at USD 44.00 to USD 46.00. Last quarter, Sandisk delivered USD 39.25 against guidance of USD 30.00 to USD 33.00.

Nasdaq range remains wide

On the Nasdaq, Sandisk was trading at USD 1,286.68 at 10:34 a.m. ET on October 23, 2026. The Nasdaq close on October 22, 2026 was USD 1,260.93, while the 52-week range stood at USD 146.00 to USD 2,354.39.

Sandisk's market capitalization was USD 186.0 billion at that October 23, 2026 quote. Its trailing price-to-earnings ratio was 17.47, compared with 11.90 for Micron Technology and 13.50 for Western Digital on October 23, 2026. Their market capitalizations were USD 997.3 billion and USD 133.0 billion, respectively.

What comes next for Sandisk

The October 29 report will put the USD 10.30 billion to USD 10.80 billion revenue outlook beside the USD 10.58 billion consensus estimate. It will also test whether the 83.00 percent to 85.00 percent gross-margin range can hold while enterprise demand expands.

Sandisk traded at EUR 1,150.00 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sandisk stock.