Sandisk's stock dropped 18% following negative news about China's DRAM market, but the company remains a Buy with a 12-month price target of $1,830, implying 32% upside. Sandisk's focus on flash storage and its Japanese supply chain insulate it from DRAM-specific risks. The company has $59.8 billion in future revenue under NBM agreements with price floors and ceilings, supporting earnings even if flash prices fall sharply. The analyst plans to increase holdings if the upcoming report shows gross margins above 83% and strong pricing, otherwise will hold.
Sandisk's stock is currently priced at USD 1,280.14 on Pluang as of Oct 23, 2026 19:01 WIB, showing a 1.52% increase in the last day. The stock's market cap stands at $182.24 billion, reflecting its significant presence in the technology sector. Trading activity on Pluang indicates a balanced interest with 54% of orders to buy and 46% to sell, suggesting cautious optimism among investors.
Memory stocks, including SanDisk, Western Digital, and Micron, are experiencing sharp declines, with SanDisk down 8%, Western Digital 7%, and Micron 6%. The selloff is driven by concerns over increased competition from Chinese memory makers and worri...
Sandisk Corporation posted a 51% quarter-on-quarter revenue increase to $8.97 billion and an 83% rise in earnings per share to $39.25 in Q4 2026, surpassing analyst expectations. The company benefits from multi-year contracts with hyperscalers and a ...
Sandisk's shares have dropped about 9% recently due to worries over AI infrastructure demand and competition from China. However, supply shortages in NAND memory are expected through 2028, supporting growth. Enterprise customers and regulatory factor...
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