Talha Qureshi
Wed, July 15, 2026 astatine 9:58 AM CDT 2 min read
Recently, connected July 5, Goldman Sachs expert James Schneider raised the firm's terms people connected Sandisk Corporation (NASDAQ:SNDK) from $1,200 to $2,200 and reiterated a Buy standing connected the shares. The expert is bullish connected the banal up of the net arsenic helium expects a precise beardown 4th driven by continued NAND proviso tightness.
Schneider noted that absorption has fixed precise affirmative commentary implicit the past fewer weeks and has fixed encouraging signals from lawsuit agreements disclosed aft adjacent Micron's earnings. The expert has raised his estimates connected improving NAND pricing trends. He expects meaningful upside to some results and guidance, with higher declaration pricing assumptions partially offset by accrued operating expenses. His CY26 non-GAAP EPS estimation present sits astir 30% supra Street consensus. Schneider expects investors to absorption heavy connected semipermanent agreements. Moreover, NAND pricing is besides expected to enactment successful focus, with attraction connected supply-demand dynamics, imaginable caller supply, and pricing trends done 2026.
Post-earnings, helium expects continued capitalist absorption connected the extent of manufacture undersupply, whether NAND terms increases clasp up implicit coming quarters, and further LTA details.
Sandisk Corporation (NASDAQ:SNDK) develops and manufactures information retention devices and solutions based connected NAND flash technology. Its offerings see solid-state drives, embedded products, removable cards, USB drives, and wafers and components, sold done user brands and planetary franchises.
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.
READ NEXT: 10 Good Stocks to Invest successful Now and 10 Most Undervalued US Stocks According to Hedge Funds.
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