SanDisk's stock, currently at $1,731, is projected to exceed $2,000 by December 31, 2027, supported by its strong earnings performance and secured multi-year supply contracts with major data center customers. The company has beaten earnings estimates for six consecutive quarters and holds contracts worth nearly $94 billion in expected revenue, reducing cyclical risks. Upcoming earnings on October 29 will be a key indicator, with analysts watching revenue and margin targets closely. Despite recent AI sector selloffs, SanDisk's forward earnings multiples remain attractive, and ongoing share buybacks are expected to boost per-share value.
SanDisk shares are trading at USD 1,763.37 on Pluang, up 1.35% in the last day, showing steady investor interest despite sector volatility. The stock's market cap stands at $254.75 billion, with a 52-week high of $2.34K as of Oct 02, 2026 00:11 WIB.
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...
Elon Musk's comments during SpaceX's Q3 earnings call about rapidly expanding AI computing capacity sparked a premarket rally in chip stocks including NVIDIA, Intel, and SanDisk. Musk expects to increase SpaceX's AI compute power to 2.5-3 gigawatts b...
In Q3 2026, CrowdStrike saw significant revenue growth through its flexible software subscriptions and expanding services like AI-driven threat intelligence. Microsoft reported a 16% stock jump following strong earnings driven by accelerating Azure a...
Memory chip stocks including SK Hynix, SanDisk, and Micron fell sharply after a selloff in Seoul revived concerns about the sustainability of AI-driven spending in data centers. SK Hynix dropped 4%, SanDisk 3%, and Micron 2%, reflecting worries that ...
Jim Cramer highlighted SanDisk and Western Digital as risky stocks despite their strong year-to-date gains, warning that a slowdown in data center expansion could sharply reduce their profits. Both companies depend heavily on hyperscalers' spending o...
