I Think Sandisk Stock Will Be in the Low $2,000s in 2030. From About $1,790, That Wouldn't Beat the Market.

Analyst Daniel Sparks projects Sandisk stock will reach the low $2,000s by 2030, representing a below-market return from its current $1,790 price. While management's fiscal 2028-2030 model shows strong free cash flow potential of ~$33 billion annually with 80% gross margins, Sparks doubts current pricing can be sustained for four years given the memory industry's cyclical nature. He estimates a realistic 2030 price of $1,100-$3,400 depending on whether a market downturn occurs, with the most likely scenario being the low $2,000s.