# Sandisk AI Infrastructure Price Target

> Rosenblatt analyst targets Sandisk at $2,400 as NAND flash becomes critical AI infrastructure.
- Title: Sandisk AI Infrastructure Price Target · 24/7 Wall St.
- Summary: Rosenblatt analyst targets Sandisk at $2,400 as NAND flash becomes critical AI infrastructure. Rosenblatt analyst Kevin Cassidy sets Sandisk price target at…
- Keywords: sandisk, nand flash, ai infrastructure, rosenblatt, kevin cassidy, price target, data center, fiscal 2026, fiscal 2028, kioxia, Infrastructure, Price
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/analyst-says-sandisk-to-hit-2400-as-nand-flash-becomes-critical-ai-infrastructure
- Author: Rich Duprey
- Published: 2026-09-22T15:41:11+00:00
- Read time: 1 min
- Topics: sandisk, nand flash, ai infrastructure, rosenblatt, kevin cassidy, price target, data center, fiscal 2026, fiscal 2028, kioxia
## Rosenblatt Analyst Targets Sandisk
Rosenblatt analyst Kevin Cassidy initiated coverage of Sandisk with a Buy rating and $2,400 price target.

> Rosenblatt analyst Kevin Cassidy initiated coverage of Sandisk ( NASDAQ:SNDK | SNDK Price Prediction ) with a Buy rating and a $2,400 price target
## AI Workloads Transform NAND Flash
AI workloads reposition NAND flash from commodity storage to critical ai infrastructure component.

> new ai compute platforms create an opportunity to reposition nand "from a commodity storage medium to a more system-critical component of ai infrastructure"
## Sandisk Data Center Growth
Sandisk data center revenue reached $2.977 billion in fiscal 2026, up 437% year over year.

> data center revenue reached $2.977 billion, and the full-year data center segment expanded 437% year over year
## BiCS8 and BiCS10 Platforms
Sandisk BiCS8 and BiCS10 platforms deliver density gains with fewer 3d layers than competitors.

> he credits sandisk’s bi cs eight and bi cs ten platforms for delivering density gains with fewer 3d layers than competitors
## Kioxia Manufacturing Partnership
Sandisk has 25-year manufacturing partnership with Kioxia for bi cs platforms.

> backed by a 25-year manufacturing partnership with Kioxia
## NAND Industry Revenue Projections
NAND industry revenue expected to exceed $300 billion in calendar 2026 and $500 billion in 2027.

> the company estimates nand industry revenue will exceed $300 billion in calendar 2026 and approach $500 billion in 2027
## Sandisk Stock Price Target Impact
Sandisk stock rose 22.16% in one week after analyst upgrade.

> the analyst upgrade lands after a 22.16% one-week move in Sandisk stock
## Key takeaway

Rosenblatt analyst Kevin Cassidy sets Sandisk price target at $2,400 citing AI infrastructure demand for NAND flash.