◆ NeutralSNDKWDC

SanDisk Stock's 5,000% Rally Hasn't Stopped This Analyst: Is $2,100 Next?

Benzinga·
SanDisk Stock's 5,000% Rally Hasn't Stopped This Analyst: Is $2,100 Next?

SanDisk (SNDK) has surged over 5,000% since spinning off from Western Digital in February 2025, with Bank of America raising its price target to $2,100, citing strong NAND flash demand and multi-year contracts locking in revenue. Despite the explosive rally, the stock trades at reasonable valuations (23x fiscal 2026 earnings, 8x fiscal 2027), though risks include memory cycle reversals and Chinese competition.

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