What the analyst said
Bernstein SocGen Group analyst Mark C. Newman raised the price target on SanDisk (NASDAQ: SNDK) to $1,700 (from $1,250) while maintaining an Outperform rating.
“Based on the strong earnings, strong guidance, company commentary and the very strong pricing environment we increase our estimates again substantially – mainly due to stronger pricing in the short-term. Our FY26 and FY27 EPS were increased to $64.73 and $200.47 (37% and 60% above consensus) respectively.”
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
Where the price stands
SNDK trades at $1,002.
Since the note SNDK has moved −9% (from $1,097). 12-month window: day 194 of 365, closes on May 1, 2027.