Evercore ISI Affirms Outperform on Sandisk, $2,500 Price Target
- Rating
- Outperform
- Unchanged
- Target
- $2,500
- Upside
- +151%
- SNDK at $996 today
2nd-highest of 8 current targets on sandisk, 15% above the $2,175 median. Evercore has reached 88% of its year-old targets (16 scored).
What the analyst said
Evercore ISI reiterated an Outperform rating and $2,500 price target on SanDisk (NASDAQ: SNDK).
“We think investors remain overly focused on how long NAND pricing can stay elevated rather than appreciating the structural changes to SNDK’s model.”
“NBMs + supply discipline should support more durable profitability, while AI demand + HBF provide incremental growth opportunities.”
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Where the price stands
SNDK trades at $996.
12-month window: day 0 of 365, closes on November 11, 2027.