Financial analysts are scrutinizing SanDisk’s (SNDK) performance as of January 18, 2026. The stock surged 559% throughout 2025. This increase stems from the booming artificial intelligence sector, which created a significant supply-demand imbalance for NAND flash storage, driving prices higher.
SanDisk's first-quarter fiscal 2026 results surpassed expectations. Revenue increased 23%, reaching $2.3 billion.
Wall Street presents a divided outlook despite the strong performance. Some analysts anticipate continued momentum from the ongoing AI infrastructure buildout. Others express caution regarding the stock’s high valuation.
The median target price among 24 analysts is $317 per share. This suggests a potential 23% downside from the current price of around $414. This divergence highlights uncertainty over the sustainability of SanDisk's rapid growth and whether the market price has already factored in future expansion.