Wedbush Raises SanDisk Price Target 67% to $2,000 on Q4 Upside
SNDK•Wedbush Securities raised SanDisk's price target to $2,000 from $1,200 and flagged potential upside in the fiscal fourth-quarter 2026 report. The firm cited robust NAND flash demand and an improved product mix as catalysts for stronger-than-expected revenue and margin performance.
1. Wedbush Raises SanDisk Price Target
Wedbush Securities lifted its price target on SanDisk from $1,200 to $2,000, reflecting an anticipated upside in the company’s fiscal fourth-quarter 2026 results. The increase represents a roughly 67% premium to the prior target level, underscoring confidence in the company’s near-term performance.
2. Q4 Fiscal 2026 Outlook
The firm highlighted strong NAND flash demand and an improved product mix as key catalysts for revenue growth and margin expansion in the quarter. Investors will focus on SanDisk’s upcoming earnings release for guidance updates and concrete metrics on sales momentum and profitability.
