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Wall Street sees 6.9% downside for SanDisk stock despite strong AI-driven growth and bullish analyst ratings.

Analyst Insights
14 Jun 2026
Finbold
View Source
Bullish
pluang ai news

Wall Street analysts set a 12-month price target averaging $1,843.44 for SanDisk, implying a 6.9% drop from its recent close near $1,980. Despite this, 14 out of 16 analysts rate the stock as a 'Strong Buy' due to SanDisk's rapid growth post-spin-off and strong demand for AI-related memory products. The company reported strong quarterly revenue and profit margins, driven by expanding data center sales and tight NAND supply. However, the stock's high valuation and potential volatility from AI spending shifts or supply changes temper expectations.

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