Sandisk (SNDK) Stock News Today: Downgrade Sparks Sharp Selloff, Analyst Price Targets, and 2026 Outlook (Dec. 14, 2025)
Sandisk shares closed Friday at $206.18, down 14.66% after GF Securities downgraded the stock to “Hold” and cut its price target to $239. The drop marked the S&P 500’s steepest percentage decline of the day. Trading volume topped 12 million shares. The move followed a broader tech selloff, with the Philadelphia semiconductor index down 5.1%.