Goldman Sachs Raises SanDisk (SNDK) PT to $320 Citing Strong SSD Demand

Sandisk Corporation (NASDAQ:SNDK) is 1 of the best young stocks to bargain and clasp for 3 years. On January 9, Goldman Sachs expert James Schneider raised the firm’s terms people connected SanDisk to $320 from $280 and kept a Buy standing connected the shares. This determination was made arsenic marketplace sentiment remains highly optimistic, supported by advancement successful endeavor SSD qualifications and sustained pricing strength.

Mizuho besides accrued its terms people for Sandisk Corporation (NASDAQ:SNDK) to $410 from $250 connected the aforesaid day, portion maintaining an Outperform rating. This accommodation came arsenic portion of the firm’s broader 2026 semiconductor assemblage outlook, wherever Mizuho anticipated further maturation driven by charismatic valuations, though it expected gains to beryllium much tempered than those seen successful 2025.

For 2026, Mizuho identified AI accelerators, wafer fabrication equipment, optical components, and representation arsenic the astir promising sub-sectors. Conversely, the steadfast remained cautious regarding the outlook for electrical vehicles, automotive and analog chips, arsenic good arsenic the idiosyncratic machine and handset markets.

Sandisk Corporation (NASDAQ:SNDK) develops, manufactures, and sells information retention devices and solutions utilizing NAND flash exertion successful the US, Europe, the Middle East, Africa, Asia, and internationally.

While we admit the imaginable of SNDK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.