Bernstein on SanDisk (SNDK): 'A clean beat plus above-consensus guidance can still drive significant double-digit stock moves'

Bernstein SocGen Group analyst Mark C. Newman reiterated an Outperform rating and $580.00 price target on SanDisk (NASDAQ: SNDK).

The analyst commented: "We continue to believe there is substantial upside left in Sandisk given the unprecedented NAND upcycle we are currently facing, which is powered by strong demand from AI (further accelerated by Nvidia’s recent disclosures around Vera Rubin) and lack of supply growth (more details in our 2026 Outlook).

For memory names, even with already-high expectations, a clean beat plus above-consensus guidance can still drive significant double-digit next day stock moves."

For an analyst ratings summary and ratings history on SanDisk click here. For more ratings news on SanDisk click here.

Shares of SanDisk closed at $470.80 yesterday.

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