Sandisk Company (NASDAQ:SNDK) is likely one of the low cost scorching shares to put money into proper now. On February 2, Barclays analyst Tom O’Malley practically doubled his value goal for SanDisk to $750 from $385 whereas sustaining an Equal Weight score. This sentiment was introduced by the agency following SanDisk’s FQ2 2026 earnings beat.
On January 30, Financial institution of America raised the worth goal on Sandisk Company (NASDAQ:SNDK) to $850 from $390 whereas sustaining a Purchase score. This adjustment adopted FQ2 report the place each income and EPS exceeded steering, alongside FQ3 projections that had been described as massively above Road expectations.
Following the report, the agency considerably elevated its FY 2026 estimates. Income expectations had been raised to $15.7 billion from $10.9 billion, whereas EPS estimates grew to $39.50 from $16.21, reflecting greater margins and profitability than beforehand anticipated.
Sandisk Company (NASDAQ:SNDK) develops, manufactures, and sells information storage gadgets and options utilizing NAND flash tech within the US, Europe, the Center East, Africa, Asia, and internationally.
Whereas we acknowledge the potential of SNDK as an funding, we imagine sure AI shares provide larger upside potential and carry much less draw back threat. When you’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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