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SanDisk stock set for loss but analysts predict 75% rally within a year on new contracts.

Analyst Insights
29 Sep 2026
Finbold
View Source
Bullish
SanDisk stock set for loss but analysts predict 75% rally within a year on new contracts.

SanDisk is expected to report its first quarterly loss since 2025 due to weaker memory chip demand. However, analyst Mark Newman from Bernstein maintains a 'Buy' rating, forecasting a 75% price increase over the next 12 months, driven by new long-term contracts with fixed pricing floors that protect earnings. Despite a recent 18% price drop, Wall Street consensus remains strongly positive with an average target suggesting a 28% upside. SanDisk's stock has surged over 1542% in the past year, boosting its market cap to $250.8 billion, and analysts anticipate a rally back to all-time highs soon.

SanDisk shares trade at USD 1,712.50 on Pluang as of Sep 30, 2026 00:11 WIB, showing a slight 0.02% decline in the past day. The stock's market cap remains at $250.80 billion, consistent with the article's data. Pluang users currently favor buying, with 72% of order activity on the platform being buy orders.

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