Price Prediction: Up 1400% in 2026, This Is Where We See SanDisk Heading

Quick Read

• SNDK surged 642% twelvemonth to day to $1,761, yet 24/7 Wall St. issues a SELL with a $1,453 terms target.

• At a guardant P/E of 57, SNDK's carnivore lawsuit targets $1,027 if NAND pricing rolls over, which would correspond a 42% drop.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SanDisk didn't marque the cut. Grab the names FREE today.

After a vertical tally that has minted 1 of the astir bonzer rallies of this cycle, the existent question for SanDisk (NASDAQ:SNDK) is whether the terms has yet outrun the fundamentals.

Our 24/7 Wall St. terms people for SanDisk is $1,453.48, which sits beneath the existent punctuation of $1,761.43 and implies a 17.48% downside implicit the adjacent 12 months. Our proposal is sell, with a assurance level of 90%.

Why We Could Be Wrong

Before going further, the 24/7 Wall St. terms people of $1,453.48 sits good beneath wherever SanDisk trades today, and that spread deserves humility. SanDisk is 1 of the astir divisive stocks connected NASDAQ close now, and existent upside could travel from a structural NAND shortage extending past 2028 oregon from BiCS8 ramping faster than guidance suggests. Treat our fig arsenic 1 datapoint among many. A afloat bull lawsuit follows below.

From $41 to $1,761 successful Ten Months

SanDisk is up 642.03% twelvemonth to date, 48.39% successful the past month, and 19.12% successful the past week alone. The banal trades conscionable beneath its 52-week precocious of $1,708.83 aft starting that scope astatine $36.87.

Q3 FY26 gross deed $5.95B, up 251.03% YoY, with EPS of $23.41 beating statement by 59.67%. The Datacenter conception grew 645% YoY to $1.47B, validating the AI inference thesis.

The Case for $1,800+

CEO David Goeckeler called Q3 "a cardinal inflection point" driven by the premix displacement toward Datacenter. Q4 FY26 guidance calls for gross of $7.75B to $8.25B and non-GAAP EPS of $30 to $33. Gross borderline already expanded to 78.4% from 22.5% a twelvemonth earlier.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SanDisk didn't marque the cut. Grab the names FREE today.

The equilibrium expanse carries zero semipermanent indebtedness and $3.74B successful cash. The statement expert people sits astatine $1,609.27 with 16 Buys and lone 1 Strong Sell. Our bull lawsuit puts SanDisk astatine $1,778.23, modestly supra today, if HBF qualification accelerates and NAND pricing holds.

The Risks Worth Watching

At the existent price, SNDK trades astatine an implied guardant P/E of 57, which is affluent for a representation cyclical adjacent 1 positioned for AI. Risks see reliance connected the Kioxia Flash Ventures JV, lawsuit attraction among hyperscalers, and tariff exposure. The Consumer conception already declined 10% sequentially successful Q3.