From 24/7 Wall St. · Rich Duprey · · 1m
Sandisk AI Infrastructure Price Target
Rosenblatt analyst targets Sandisk at $2,400 as NAND flash becomes critical AI infrastructure.
In brief
Rosenblatt analyst targets Sandisk at $2,400 as NAND flash becomes critical AI infrastructure. Rosenblatt analyst Kevin Cassidy sets Sandisk price target at $2,400 citing AI infrastructure demand for NAND flash. Originally reported by 24/7 Wall St..
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”
The key point
Rosenblatt analyst Kevin Cassidy sets Sandisk price target at $2,400 citing AI infrastructure demand for NAND flash.
