--- title: "Micron (MU) & Sandisk (SNDK) Stocks May Still Be Cheap as 'High-Bandwidth Memory Can Be Priced Ridiculously High'" type: "News" locale: "en" url: "https://longbridge.com/en/news/286557077.md" description: "Shares of Micron (MU) and Sandisk (SNDK) are becoming cheaper despite rising prices due to increasing profit expectations. Analysts note that demand for high-bandwidth memory is outpacing stock price growth. While both stocks are rated as Strong Buy, Sandisk has a positive price target of $1,409.06, indicating a 1.90% upside, whereas Micron's target of $608.33 suggests a potential 21.61% downside. Experts warn of potential volatility as the memory industry cycles between shortages and surpluses." datetime: "2026-05-15T11:20:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286557077.md) - [en](https://longbridge.com/en/news/286557077.md) - [zh-HK](https://longbridge.com/zh-HK/news/286557077.md) --- # Micron (MU) & Sandisk (SNDK) Stocks May Still Be Cheap as 'High-Bandwidth Memory Can Be Priced Ridiculously High' Shares of Sandisk (SNDK) and Micron (MU) are becoming cheaper for investors even as prices skyrocket because profit expectations are growing at a faster rate than the stock price itself. On Friday, market data shows that while these stocks are leading the S&P 500, its valuations are dropping to bargain levels. This strange trend happens when the demand for high-bandwidth storage grows much faster than the actual price of Micron & Sandisk shares. ### Claim 55% Off TipRanks Trade SNDK with leverage ## **'Memory Can Be Priced Ridiculously High'** The chief investment officer at Bokeh Capital Partners, Kim Forrest, owns Micron shares and feels very positive about the current market. She notes that the extreme shortage of parts allows companies to set their own terms. She stated, "All of the high bandwidth memory can be priced ridiculously high because of supply and demand." Since these firms are completely sold out of their products, she believes there is plenty of room for the stocks to keep climbing. Forrest added, "I'm a capitalist. Whenever supply and demand works like this, I'm in seventh heaven. This is a beautiful thing." She believes the price is fair because customers are willing to pay it. ## **Tech Giants Are Likely to Provide Continuous Demand** A Senior Portfolio Manager at Tortoise Capital, Rob Thummel, believes the massive move into artificial intelligence infrastructure will keep driving the market higher. These large computer systems need an incredible amount of storage to function, and that trend shows no signs of slowing down. Thummel explained, "Unless there is a significant change in capital spending on behalf of the hyperscalers, which we don't see right now, as in fact it seems to be going up not down, then demand from memory and storage is just going to continue to go up as well." While the current growth is massive, some experts suggest that the easiest profits have already happened. The memory industry is known for moving in cycles where a shortage eventually turns into a surplus. Hare noted, "I think that the easy money has been made in the stock and it will begin to be more volatile." Another manager, Jed Ellerbroek, warned that "Shortages eventually result in a glut." For now, investors are watching to see if this boom can last for several more years before the supply finally catches up. ## **Analysts See More Upside in Sandisk over Micron Stock** TipRanks' Stocks Comparison tool reveals a strange gap between current sentiment and future price targets. Even though experts label both Sandisk and Micron as a Strong Buy, they disagree on where the prices go from here. Sandisk shows room to grow with a price target of $1,409.06, which represents a 1.90% upside. However, the forecast for Micron is more cautious. Despite the Strong Buy rating, the MU stock price target of $608.33 suggests a potential 21.61% downside for the stock in the coming months. ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [SNDKV.US](https://longbridge.com/en/quote/SNDKV.US.md) ## Related News & Research - [Micron or SanDisk: Billionaire Israel Englander Picks One AI Memory Stock Over the Other](https://longbridge.com/en/news/286826007.md) - [Where Will Sandisk Stock Be in 5 Years?](https://longbridge.com/en/news/286990821.md) - [Should You Buy Micron Technology Stock Now or Wait for a Dip?](https://longbridge.com/en/news/286937919.md) - ['See You at $1 Trillion,' Says Investor About Micron Stock](https://longbridge.com/en/news/286470973.md) - [Covestor Ltd Sells 3,355 Shares of Micron Technology, Inc. $MU](https://longbridge.com/en/news/287029115.md)