Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTVandita JadejaWed, June 24, 2026 at 7:36 PM GMT+2 4 min readQuick ReadSanDisk (SNDK) earns a SELL at 90% confidence, with a $1,755 price target sitting 23% below the stock's current $2,274 price.SanDisk surged 4,781% over the past year, driven by 251% revenue growth and 645% datacenter gains in Q3 FY26.A monthly RSI of 99 and CTO Alper Ilkbahar selling shares near $1,755 signal the stock has outrun its fundamentals.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SanDisk didn't make the cut. Grab the names FREE today.Our 24/7 Wall St. price target for SanDisk (NASDAQ:SNDK) is $1,755.72, which sits roughly 22.78% below where the stock trades today.bestbuy.comAfter a 857.84% year-to-date run, the NAND maker has lapped almost every analyst on the Street, and our proprietary model now signals that risk and reward have inverted. Our recommendation is sell, with high confidence at 90%.24/7 Wall St. Price Target SummaryMetricValueCurrent Price$2,273.7324/7 Wall St. Price Target$1,755.72Upside/Downside-22.78%RecommendationSELLConfidence Level90%Why We Could Be WrongBefore going further, I should flag that SanDisk has been one of the most divisive stocks in the market. Real upside could come from a structural NAND shortage that Goldman Sachs projects through 2028, or from the company's five signed multi-year New Business Model contracts that lock in pricing. Treat our 24/7 Wall St. price target as one datapoint among many. A full bull case appears below.From $41 to $2,273 in Ten MonthsSanDisk filed its Q4 FY25 results on August 14, 2025 at $41.55 a share. It now trades at $2,273.73, up 53.77% in the past month alone and 4,781.34% over the past year.Q3 FY26 was the catalyst: revenue of $5.95 billion grew 251% year over year, EPS of $23.41 beat consensus by 59.67%, and gross margin expanded to 78.4% from 22.5% a year earlier. Datacenter revenue surged 645% year over year.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SanDisk didn't make the cut. Grab the names FREE today.The stock is now 20% off its $2,191.69 high after retail enthusiasm cooled from very bullish Reddit sentiment scores of 82 to 85 in mid-June to neutral readings this week.SNDK Price Target — 24/7 Wall St.The Case for $2,200 and HigherMizuho lifted its target to $2,200 with an Outperform rating, and Bank of America's Wamsi Mohan raised his target to $2,100 from $1,550, citing memory pricing strength through 2027. Bulls point to Q4 FY26 guidance for revenue of $7.75 billion to $8.25 billion and non-GAAP EPS of $30 to $33.Zero long-term debt, a freshly authorized buyback, and CEO David Goeckeler's framing of a "fundamental inflection point" support a bull case where SanDisk holds near current levels. Our model's bull scenario lands at $2,291.74.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info