"SanDisk has delivered one of the most extraordinary post-spinoff runs in recent memory, with shares climbing from under $50 to $697.99, a 1,350% gain over the past 12 months."
"Wall Street's average 12-month price target sits at $790.34, implying just 13.23% upside from current levels, but 15 analysts rate the stock Buy or Strong Buy."
"At $1,000, shares would trade at a modest premium to the current multiple and well within range for a company growing revenue at 61.3% year-over-year."
"Management guided Q3 FY2026 revenue of $4.40 to $4.80 billion with non-GAAP EPS of $12.00 to $14.00, a dramatic step-up from Q2's $6.20 EPS."
SanDisk's shares have skyrocketed from under $50 to $697.99 since its spinoff from Western Digital in February 2025, marking a 1,350% increase. The surge is attributed to the growing demand for NAND flash storage driven by AI infrastructure. Wall Street analysts are optimistic, with a consensus price target of $790.34, while some predict a potential rise to $1,000. SanDisk has consistently exceeded earnings estimates, and its growth trajectory supports a premium valuation compared to the S&P 500.
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