A Billionaire Investor Just Increased His Exposure to Memory Makers Sandisk and Micron. Should Investors Buy the Stocks?
Billionaire David Tepper continues to bet big on memory stocks, adding to his positions in the sector in Q1.
SNDK - Sandisk Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$1,335.63
DETAILS
HIGH:
$2,350.00
LOW:
$450.00
MEDIAN:
$1,325.00
CONSENSUS:
$1,335.63
DOWNSIDE:
9.67%
Stock News
Up 550% YTD, SanDisk Stock at $1,540: Buy, Sell or Hold?
At $1,540, SanDisk (NASDAQ:SNDK | SNDK Price Prediction) is a hold.
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SanDisk Soars 9%, Western Digital Rallies 5%, Micron Rises 3% as Memory Trade Reawakens
Memory stocks are bouncing hard at midday on Thursday after a punishing week for the sector.
Sandisk's AI Pivot Changes The NAND Narrative
Sandisk delivered 251% revenue growth and guided gross margins toward 81%, creating software-like economics within semiconductor infrastructure. Hyperscalers signed multiyear supply agreements exceeding $42 billion, fundamentally changing visibility and reducing traditional NAND cyclicality concerns. AI inference, KV cache architectures, and reasoning models are rapidly increasing demand for low-latency enterprise NAND storage solutions.
Why Sandisk Stock Just Popped Again
Investors weigh the good news and bad news today, and decide all's still well with Sandisk.
Sandisk: Moving Up The Value Chain And Cheap At 7x FY2027 P/E
Sandisk is upgraded to buy, driven by robust NAND demand from AI-driven data center expansion and differentiated, value-added products. SNDK's Stargate brand and SK hynix partnership position it for premium margins as enterprise SSDs become core AI infrastructure. The FY27 price target is $3,000, reflecting 128% upside, underpinned by 183% EPS growth, 77% EBITDA margins, and strong buyback plans.
Sandisk: Momentum Is Supported By Fundamentals
Sandisk is initiated at a buy rating, driven by extraordinary Q3 results and robust Q4 guidance amid AI infrastructure tailwinds. They reported Q3 revenue of $5.95B, up 251% YoY, with gross margin expanding by 55.7 percentage points, signaling exceptional pricing power. Data center revenue surged 645% YoY, and edge market growth was driven by tight supply and pricing, while consumers showed resilience despite seasonality.
Sandisk Corporation (SNDK) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Sandisk Corporation (SNDK) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Checking in On Red Hot AI Infrastructure Stocks
The AI infrastructure stocks have been the story of 2026, delivering massive gains on the back of their bright outlooks thanks to the massive amounts of capital being poured out for the buildout.
Billionaire Stanley Druckenmiller Dumped Every Share of Alphabet. He Bought AI Memory Stocks Up 581% to 3,467% Instead
Stanley Druckenmiller's Duquesne Family Office exited its entire Alphabet position in the first quarter of 2026 and rotated the capital into three AI hardware “picks-and-shovels” names: SanDisk, Micron Technology, and Seagate Technology, according to recently reported 13F filings.
Will Goldman Sachs, Markel, or SanDisk Be the Next Big Stock Split?
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Where Will Sandisk Stock Be in 5 Years?
Can this tech company maintain its bull run?
Micron Is Up 6% Today: Is It Outperforming Other Memory Stocks Like SanDisk and Western Digital?
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are up 6% in midday trading on Tuesday, leading the memory complex higher after a brutal week.
Prediction: This Artificial Intelligence (AI) Semiconductor Stock Will Join the $1 Trillion Club by Year-End. Here's How You Can Buy It Now for Just $50.
Samsung recently entered the trillion-dollar club, and another Korean AI chip stock could as well sooner than later.
SanDisk stock slips: why this analyst still sees a 50% upside
Shares of Sandisk (SNDK) fell 1.5% on Tuesday even as Citi Research sharply raised its price target on the flash memory company, citing accelerating demand for NAND storage tied to artificial intelligence infrastructure and hyperscale data center expansion. Citi lifted its target price on Sandisk shares to $2,025 from $1,300 while maintaining a “Buy” rating on the stock.
Prediction: SanDisk's Epic Run Has Limited Upside Ahead
Few stories in the 2026 market rival the SanDisk (NASDAQ:SNDK | SNDK Price Prediction) run.
SanDisk Stock Cools Off After Historic Rally
SanDisk (NASDAQ:SNDK) stock is down 3.6% today at $1,284.62, pulling back alongside the broader chip sector.
GraniteShares Goes Down The AI Memory Lane, Eyes An Autocallable DRAM ETF
The AI memory-chip trade may be entering its next speculative phase. After leveraged ETF filings were tied to the booming Micron Technology Inc (NASDAQ:MU)-led memory rally, ETF issuers are now moving into structured-product territory.
Tuesday's Morning Movers: Analysts Up SNDK, CRWD & AMD Bullishness
Diane King Hall talks all about tech as analysts raise expectations for stocks across the sector. SanDisk (SNDK) gets a major price target hike from Citigroup on continued AI driven storage demand.
Price Targets
SanDisk price target raised to $2,350 from $1,500 at Melius Research
$2350.00
(was $1307.40)
Melius Research
SanDisk price target raised to $1,625 from $1,220 at Mizuho
$1625.00
(was $1406.32)
Mizuho Securities
SanDisk price target raised to $1,700 from $1,250 at Bernstein
$1700.00
(was $1187.00)
UBS
SanDisk price target raised to $1,200 from $700 at Goldman Sachs
$1200.00
(was $1081.43)
James Schneider
·
Goldman Sachs
SanDisk price target raised to $1,220 from $1,000 at Mizuho
$1220.00
(was $1148.24)
Vijay Rakesh
·
Mizuho Securities
SanDisk price target raised to $1,400 from $1,200 at Evercore ISI
$1400.00
(was $1141.00)
Evercore ISI
SanDisk price target raised to $1,470 from $725 at Raymond James
$1470.00
(was $1142.51)
Raymond James
SanDisk price target raised to $2,000 from $1,000 at Susquehanna
$2000.00
(was $1096.51)
Susquehanna
SanDisk price target raised to $1,200 from $750 at Barclays
$1200.00
(was $1096.51)
Tom O'Malley
·
Barclays
SanDisk price target raised to $1,400 from $100 at Jefferies
$1400.00
(was $1096.51)
Jefferies
SanDisk price target raised to $1,200 from $740 at Wedbush
$1200.00
(was $1002.35)
Matt Bryson
·
Wedbush
SanDisk price target raised to $1,400 from $1,000 at Cantor Fitzgerald
$1400.00
(was $989.90)
Cantor Fitzgerald
SanDisk price target raised to $1,100 from $690 at Morgan Stanley
$1100.00
(was $989.90)
Morgan Stanley
SanDisk price target raised to $975 from $675 at Wells Fargo
$975.00
(was $920.99)
Aaron Rakers
·
Wells Fargo
SanDisk initiated with an Outperform at Evercore ISI
$1200.00
(was $952.50)
Evercore ISI
SanDisk price target raised to $1,000 from $800 at Cantor Fitzgerald
$1000.00
(was $851.57)
Cantor Fitzgerald
SanDisk price target raised to $1,250 from $1,000 at Bernstein
$1250.00
(was $851.57)
Bernstein
SanDisk (SNDK) PT Raised to $1,000 at Bernstein Following 'A Significant Beat and Guide'
$1000.00
(was $652.79)
UBS
SanDisk price target raised to $750 from $385 at Barclays
$750.00
(was $576.25)
Tom O'Malley
·
Barclays
SanDisk price target raised to $1,000 from $580 at Bernstein
$1000.00
(was $539.30)
Bernstein