"SanDisk's datacenter segment generated $440 million in revenue in Q2 FY2026, up 76% year over year, driven directly by hyperscalers accelerating their AI infrastructure deployments."
"A 10% NAND flash memory price hike has demonstrated real pricing power, and analysts have linked a structural NAND shortage to conditions unlikely to ease before 2028."
"BofA Securities carries a Buy rating on SanDisk stock with a $900 price target, and Goldman Sachs analyst Wamsi Mohan also holds a Buy with a $900 target."
"The consensus across Wall Street sits at 'Outperform' or 'Buy,' with 14 analysts rated Buy and 6 rated Hold, against zero Sell ratings."
SanDisk shares have increased significantly, rising 2,314% over the past year due to high demand for NAND flash storage in AI data centers. The company's datacenter segment revenue reached $440 million in Q2 FY2026, a 76% increase year over year. A 10% price hike in NAND flash memory has strengthened its market position, with analysts predicting a structural shortage lasting until 2028. BofA Securities and Goldman Sachs both maintain a Buy rating with a $900 price target, reflecting strong analyst support.
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