Overview
- Several major brokerages have recently boosted price targets and kept positive ratings on SanDisk, driving fresh buying interest in the stock.
- Bank of America raised its price target to $2,100 and lifted fiscal 2027 revenue and EPS forecasts after investor meetings in San Francisco, citing better pricing trends.
- Analysts at firms such as Morgan Stanley and Susquehanna attribute their upgrades to sustained NAND and DRAM supply tightness and very strong quarter‑over‑quarter price gains.
- SanDisk told investors it uses multi‑year supply agreements called NBMs that start with fixed pricing and then move to variable pricing to help secure customer supply and stabilize margins.
- Market watchers warn the memory business is cyclical so investors will watch upcoming company updates and earnings for confirmation that strong prices and contract terms hold.