While this happened, Exane BNP Paribas initiated its Sandisk Corp [SNDK] rating to a Neutral in a research note published on April 23, 2025; the price target was $32. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in early April with a ‘”a Positive”‘ rating. Wedbush began covering SNDK with “an Outperform” recommendation on March 24, 2025. Mizuho started covering the stock on March 10, 2025. It rated SNDK as “an Outperform”.
Price Performance Review of SNDK
On Monday, Sandisk Corp [NASDAQ:SNDK] saw its stock fall -1.77% to $32.27. Over the last five days, the stock has gained 8.25%. Sandisk Corp shares have fallen nearly -10.36% since the year began.
Levels Of Support And Resistance For SNDK Stock
The 24-hour chart illustrates a support level at 31.62, which if violated will result in even more drops to 30.97. On the upside, there is a resistance level at 32.96. A further resistance level may holdings at 33.65. The Relative Strength Index (RSI) on the 14-day chart is 40.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.85%. Stochastics %K at 38.26% indicates the stock is a holding.
How much short interest is there in Sandisk Corp?
A steep rise in short interest was recorded in Sandisk Corp stocks on 2025-04-15, growing by 1.33 million shares to a total of 5.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.66 million shares. There was a rise of 22.28%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 07, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $60 price target.
