Jul. 7 at 7:27 AM
Jefferies Initiates Coverage on
$SNDK with Buy Rating, PT
$60
Analyst comments: "Initiating coverage on the SanDisk based on 8x C27 EPS of
$7.18. SNDK's spin-off from WDC has potential to unlock Shareholder value as updated technology road map should help facilitate eSSD market share gains. If content/unit trends sustain in the face of Tariffs, we see upside to estimates with pricing data supporting HSD+ ASP increases in 2H25, yielding low-to-mid-teens growth."
Analyst: Blayne Curtis