NEW YORK, December 28, 2025, 20:48 ET — Market closed.
- Sandisk ended Friday little changed at $250.05 after a wide intraday swing in thin holiday trade.
- Wall Street Zen cut its rating on Sandisk to “buy” from “strong-buy” in a note dated Saturday. MarketBeat
- Traders head into Monday watching year-end portfolio moves and Federal Reserve minutes due Tuesday.
Sandisk Corp shares ended Friday little changed at $250.05, and investors will look for direction when U.S. markets reopen on Monday after Wall Street Zen downgraded the stock over the weekend.
The timing matters because trading is expected to stay thin into year-end, which can amplify price moves, while investors are also bracing for fresh clues on the interest-rate outlook from the Federal Reserve’s meeting minutes due Tuesday.
“Momentum is certainly on the side of the bulls,” said Paul Nolte, senior wealth adviser and market strategist at Murphy & Sylvest Wealth Management, in a note on next week’s market setup. Reuters
U.S. stocks slipped slightly on Friday in a quiet post-Christmas session that snapped a five-day winning streak, even as the market stayed near record levels.
Sandisk traded between $245.10 and $261.50 on Friday, according to MarketWatch data. The stock’s 52-week range is $27.89 to $284.76.
The storage and memory group was mixed. Western Digital rose 1.1% on Friday while Seagate added 0.3% and Micron fell 0.6%, according to market data.
Sandisk makes NAND flash memory and solid-state storage products, and returned to public markets this year after completing its separation from Western Digital and listing on Nasdaq under the ticker SNDK, the company said at the time.
The company last provided detailed operating and financial updates in early November, when it forecast fiscal second-quarter revenue of $2.55 billion to $2.65 billion and non-GAAP diluted earnings per share of $3.00 to $3.40.
Non-GAAP results are adjusted figures that strip out certain costs and one-time items to give investors another view of underlying performance.
Wall Street Zen’s move to “buy” from “strong-buy” is not a call to sell, but it lands as investors debate how much of the rally in AI-linked hardware and data infrastructure stocks is already priced in. MarketBeat+1
Before the next session, traders will watch whether year-end repositioning drives outsized moves, a risk Reuters has flagged given light volumes around the holidays.
Technicians are also likely to keep an eye on $245, near Friday’s low, after the stock reversed from an intraday high above $261.
Sandisk is expected to report Q2 fiscal 2026 results on Feb. 25, according to MarketWatch data, keeping focus on whether the company can deliver on its revenue and profit outlook.
With the Fed minutes and rate-cut expectations in play, traders are likely to treat any company updates on cloud demand and pricing as the next key swing factor for the stock.
