Mizuho Sets Street-High $600 Price Target on SanDisk, Citing Pricing Tailwinds

Mizuho analysts significantly raised their price target on SanDisk (SNDK) from $410 to a street-high of $600, maintaining an Outperform rating.

• The firm cited continued pricing tailwinds in the NAND market as the primary driver for the substantial increase.
• Mizuho believes the company is shifting from a cyclical recovery to structural growth, fueled by explosive AI demand.
• The upgrade precedes the company's anticipated Q2 FY2026 earnings report scheduled for January 29, 2026.