| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | June 5, 2025 4:00 P.M. |
| Form: | S-1 | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | June 5, 2025 4:00 P.M. |
| Form: | S-1 | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/27/2025 | $58.00 | Buy | The Benchmark Company |
| 4/23/2025 | $32.00 | Neutral | Exane BNP Paribas |
| 4/3/2025 | $70.00 | Positive | Susquehanna |
| 3/24/2025 | $80.00 | Outperform | Wedbush |
| 3/10/2025 | $60.00 | Outperform | Mizuho |
| 3/7/2025 | $60.00 | Overweight | Cantor Fitzgerald |
| 3/5/2025 | $50.00 | Equal Weight | Barclays |
| 3/3/2025 | $84.00 | Overweight | Morgan Stanley |
Sandisk Corporation (NASDAQ:SNDK) (the "Company" or "Sandisk") announced today the pricing of a secondary public offering (the "Offering") of 18,534,581 shares of its common stock (the "SNDK Shares") currently owned by Western Digital Corporation, the Company's former parent ("WDC"). The size of the offering reflects an increase from the 17,000,000 shares of common stock originally proposed to be sold. The SNDK Shares will be offered at a public offering price of $38.50 per share. Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (described below). Prior to the closing o
Sandisk Corporation (NASDAQ:SNDK) (the "Company" or "Sandisk") announced today the launch of a secondary public offering (the "Offering") of 17,000,000 shares of its common stock (the "SNDK Shares") currently owned by Western Digital Corporation, the Company's former parent ("WDC"). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (described below). Prior to the closing of the Offering, WDC is expected to exchange the SNDK Shares for certain indebtedness of WDC held by affiliates of J.P. Morgan Securities LLC and BofA Securities (such affiliates, the "debt-for-equity ex
News Summary Third quarter revenue was $1.70 billion, down 10% sequentially and above the guidance range. Third quarter GAAP loss was $1.93 billion ($13.33 loss per share), including a $1.83 billion goodwill impairment charge. Third quarter Non-GAAP loss per share was $0.30. Expect fiscal fourth quarter 2025 revenue to be in the range of $1.75 billion to $1.85 billion. Expect Non-GAAP earnings (loss) per share to be in the range of ($0.10) to $0.15. Sandisk Corporation (NASDAQ:SNDK) today reported fiscal third quarter financial results. "I'm pleased with our team's execution in the first quarter as a standalone company. Sandisk's innovation was reinforced, with a strong early
The Benchmark Company initiated coverage of Sandisk with a rating of Buy and set a new price target of $58.00
Exane BNP Paribas initiated coverage of Sandisk with a rating of Neutral and set a new price target of $32.00
Susquehanna initiated coverage of Sandisk with a rating of Positive and set a new price target of $70.00
424B4 - Sandisk Corp (0002023554) (Filer)
EFFECT - Sandisk Corp (0002023554) (Filer)
S-1MEF - Sandisk Corp (0002023554) (Filer)
4 - Sandisk Corp (0002023554) (Issuer)
4 - Sandisk Corp (0002023554) (Issuer)
4 - Sandisk Corp (0002023554) (Issuer)
News Summary Third quarter revenue was $1.70 billion, down 10% sequentially and above the guidance range. Third quarter GAAP loss was $1.93 billion ($13.33 loss per share), including a $1.83 billion goodwill impairment charge. Third quarter Non-GAAP loss per share was $0.30. Expect fiscal fourth quarter 2025 revenue to be in the range of $1.75 billion to $1.85 billion. Expect Non-GAAP earnings (loss) per share to be in the range of ($0.10) to $0.15. Sandisk Corporation (NASDAQ:SNDK) today reported fiscal third quarter financial results. "I'm pleased with our team's execution in the first quarter as a standalone company. Sandisk's innovation was reinforced, with a strong early
Sandisk Corporation (NASDAQ:SNDK) announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, May 7, 2025, at 1:30 p.m. Pacific time. A live webcast and a webcast replay of the conference call will be available at investor.sandisk.com. About Sandisk Sandisk (NASDAQ:SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the moment, enabling them to keep moving and pushing possibility forward. Follow Sandisk on Instagram, Facebook, X, LinkedIn, YouTube. Join TeamSandisk on Instagram. Sandisk and the Sandisk logo are registered trademarks or trademarks of S