Jefferies raised the firm’s price target on SanDisk (SNDK) to $1,000 from $700 and keeps a Buy rating on the shares. Ongoing long-term agreement negotiations and relentless AI demand support the firm’s view for further NAND price increases, which the firm expects to drive positive revisions for SanDisk into the earnings print on April 30, the analyst tells investors in a research note. The firm added that the company should begin shipping quad-level computing embedded solid-state drives to two Tier 1 customers in the next several quarters, driving share gains in the Data Center business.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade SNDKPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDK:
- Morning News Wrap-Up 4/10/26: Today’s Biggest Stock Market Stories!
- SanDisk Stock Forecast: Bernstein Sees Big Upside with New Street-High Price Target
- SanDisk Stock Hits Record High — Here’s Why Top Analysts Are Still Raising Price Targets
- Early notable gainers among liquid option names on April 9th
- SanDisk Stock (SNDK) Extends Rally after Record High — What’s Driving the Surge?