Sandisk Stock Price Prediction for End of 2026
The Motley Fool predicts that Sandisk (NASDAQ: SNDK) could see significant gains by the end of 2026, with a projected stock price increase of over 633%. Despite recent volatility and a 25% pullback from its 52-week high in June, shares have rebounded sharply since early August, rising nearly 43%, driven largely by strong fiscal Q4 results. Sandisk reported a year-over-year revenue surge of 372% to $8.96 billion and non-GAAP earnings per share increased dramatically from $0.29 to $39.25. Looking ahead, the company expects continued growth with projected first-quarter fiscal 2027 revenue rising by another 357%, reaching $10.55 billion, alongside a significant increase in EPS to $45. Analysts anticipate further gains into December 2026 (Q2 of fiscal 2027), projecting an EPS jump to $52.79 per share. Market research firm TrendForce and Citi also support these expectations with forecasts for rising NAND flash prices, increasing demand, and a widening supply deficit through at least 2028. These factors suggest that Sandisk is well-positioned for continued strong performance in the second half of calendar year 2026. The stock's potential parabolic rise could be driven by favorable market conditions, including rising NAND flash prices and robust demand across multiple sectors.
Tickers: $SNDK
Topics: Company Earnings NAND Flash Storage Stock Market Technology Sector