Prediction: This Will Be Sandisk’s Stock Price After 1 Year

Sandisk's stock plunged 13% despite strong fiscal Q1 earnings, with revenue jumping 378% YoY and EPS reaching $49.51. The company's guidance for Q2 also exceeded analyst expectations. Despite the sell-off, analysts believe the stock is undervalued at 9x earnings compared to the S&P 500's 23x multiple. Wall Street's median price target of $2,167 implies 88% gains, but the article suggests the stock could reach $3,403 (nearly 3x current price) if it trades at 15x earnings by end of fiscal 2027, making it a potential multibagger.