Sandisk is trading at $1735.50 (+5.75%) after its August 13 Investor Day outlined mid-to-high-teens revenue growth, approximately 80% gross margins, and roughly 50% free-cash-flow margins through fiscal 2030.
- JPMorgan resumed coverage at Overweight with a $2,250 price target, reinforcing investor confidence in the outlook.
- AI-driven NAND demand and broader memory-sector strength are adding support.