Jefferies Raises PT on Sandisk (SNDK) Stock

2 weeks ago 7

Bob Karr

Tue, April 14, 2026 astatine 4:59 AM CDT 1 min read

Sandisk Corporation (NASDAQ:SNDK) is 1 of the Best Multibagger Stocks to Buy for Long Term. On April 10, Jefferies lifted its terms nonsubjective connected the company’s banal to $1,000 from $700 and maintained a “Buy” standing connected the shares. As per the firm, ongoing semipermanent statement negotiations arsenic good arsenic AI request are the factors that are helping further summation successful NAND prices. Also, the steadfast expects specified dynamics to effect successful affirmative revisions for Sandisk Corporation (NASDAQ:SNDK).

Jefferies Raises PT connected Sandisk (SNDK) Stock

Notably, the terms people of $1,000 is connected the ground of a 10x aggregate applied to the CY 2028 EPS estimation of $95.26. As per the analyst, the steadfast has been outlining its thoughts connected the contiguous representation scenery successful conjunction with the emergence successful terms objective. Sandisk Corporation (NASDAQ:SNDK) is anticipated to commencement shipping QLC eSSDs to 2 Tier 1 customers implicit the upcoming quarters. The steadfast opines that this tin substance marketplace stock gains successful its Data Center business.

Sandisk Corp. (NASDAQ:SNDK) is simply a semiconductor and flash retention hardware company.

While we admit the imaginable of SNDK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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