$SanDisk Corp.(SNDK)$ Before earnings, I don't expect anything dramatic. There isn't enough volume to break below the $1300 support, and not enough strength to break above the $1700 resistance. That said, SNDK is projected for $400 EPS/year for many years, so the share price looks hilariously undervalued right now.
$SanDisk Corp.(SNDK)$ Current price looks like an early Christmas gift. The stock traded at $1,906 on 9/22 before the F.U.D. around CXMT started. It should be back above $1,700 by the earnings report on 10/29. Record earnings and an additional stock buyback are still to be announced. Bank of America has a $2,500 price target.
$SanDisk Corp.(SNDK)$ Futures are up. KOSPI is up. SMCI pre-guided higher. SPCX smashed earnings. META earnings are coming up. Sandisk looks set to move higher as well.
$SanDisk Corp.(SNDK)$ Cluster of 9/13 signals triggered again. Last time this showed up was quite a while ago, and price ran from 35 to 280, then kept going.
$SanDisk Corp.(SNDK)$ I've been holding SNDK and MU for more than 16 months now. The biggest catalyst for me is when shorts push fake news and run their usual tactics, I just keep buying more shares.
$SanDisk Corp.(SNDK)$ The one-year analyst targets for SNDK span $1,000 to $3,600, roughly 27% downside to 162% upside from $1,375. That wide spread shows considerable disagreement. The source labels its analyst data last updated October 9, so these targets largely precede the latest selloff. Analysts' current average target is about $2,173 over the next 12 months, roughly 58% above its price of about $1,375 this afternoon. Beyond that, I couldn't verify a published analyst consensus for time frames further out. Welcome to the casino. I'm leaning toward better than 15% in 12 months from here. I have modest goals.
This might be the cheapest you can buy $SanDisk Corp.(SNDK)$ for a while. Over $15M in call flow came in as the stock bounced off the supporting trendline.
$SanDisk Corp.(SNDK)$ If this gaps up big this week, the bears are going to look foolish. There have been a bunch of people trying to shake out retail all week, and plenty of self-appointed gurus across social media calling for a black Monday. I hope they get liquidated.
$SanDisk Corp.(SNDK)$ I think the market could move significantly higher, since the Russia sanctions that were originally set to take effect on October 18, 2026 have been suspended.