--- title: "Sandisk Stock Surges After Morgan Stanley Predicts 25% Memory Price Spike" type: "News" locale: "en" url: "https://longbridge.com/en/news/293353163.md" description: "SanDisk stock surged over 10% following Morgan Stanley's forecast of a 25% memory price spike driven by AI data center demand. Analysts cite persistent supply shortages and strong growth expectations, with SK Hynix noting abnormally high prices. SanDisk is scheduled to report earnings on Aug. 5, with Wall Street projecting significant revenue and earnings growth. The stock maintains a 'Buy' consensus with an average price target of $1,842.80." datetime: "2026-07-22T00:41:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293353163.md) - [en](https://longbridge.com/en/news/293353163.md) - [zh-HK](https://longbridge.com/zh-HK/news/293353163.md) generator: "portal-rs" --- # Sandisk Stock Surges After Morgan Stanley Predicts 25% Memory Price Spike **Sandisk Corporation** (NASDAQ:SNDK) stock climbed over 10% in Tuesday’s session as bullish analyst commentary and a broader rally in technology stocks fueled buying in the memory-chip maker. ## Morgan Stanley Sees Memory Cycle Strengthening **Morgan Stanley** analyst **Joseph Moore** said the recent pullback in U.S. memory stocks presents an attractive buying opportunity. He cited persistent data center memory shortages and forecast memory prices will rise at least 25% from the second quarter to the third quarter of 2026. Moore said the current memory cycle remains driven almost entirely by data center demand, while weaker consumer electronics, PC and smartphone markets have weighed on investor sentiment. However, the firm’s channel checks found no evidence that supply constraints in the data center market are easing. The analyst also said memory shortages could become even more severe in 2027 and 2028, adding that Morgan Stanley is buying the sector on weakness. The positive analyst commentary comes as investors remain optimistic about the next phase of the memory cycle. A stronger broader market is also boosting higher-beta technology stocks, helping SanDisk outperform the wider market before the opening bell. **Read Also:** Micron, SanDisk Just Broke the Momentum Trade: SPMO Faces Its Worst Month Ever ## AI Memory Pricing Drives Micron Sentiment Additional support came from comments by **SK Hynix Inc.** (NASDAQ:SKHY) Chairman **Chey Tae-won**, who said AI-driven memory prices remain “abnormally high” and argued the industry should expand supply rather than maximize profits from current shortages. His reasoning is simple—if AI-driven price increases begin to weigh on PC and smartphone makers, or encourage new competitors to enter the market, today’s supercycle could prove shorter than investors expect. He flagged expectations for overall memory demand to rise more than 50% to 60% next year, while AI-specific demand could climb 60% to 100%. ## Sandisk Earnings And Analyst Outlook Sandisk is scheduled to report quarterly results on Aug. 5. Wall Street expects earnings of $33.38 per share, compared with 29 cents per share a year earlier. Revenue is projected to reach $8.24 billion, up from $1.90 billion in the prior-year period. The stock trades at about 47.5 times earnings, reflecting a premium valuation. According to analyst consensus, Sandisk carries a Buy rating with an average price forecast of $1,842.80. Recent analyst actions include: - **Bank of America Securities**: Buy; raised price forecast to $2,500 on July 1. - **Bernstein**: Outperform; raised price forecast to $3,000 on June 30. - **Citigroup**: Buy; raised price forecast to $2,500 on June 25. ## ETFs With Significant Sandisk Exposure Sandisk is a major holding in several exchange-traded funds, including: - **Roundhill Memory ETF** (NASDAQ:DRAM): 5.42% - **Invesco S&P 500 Pure Growth ETF** (NYSE:RPG): 7.29% - **Invesco Dorsey Wright Technology Momentum ETF** (NASDAQ:PTF): 6.80% Large inflows or outflows in these funds can result in additional buying or selling of Sandisk shares. ### Related Stocks - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) - [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md) - [RPG.US](https://longbridge.com/en/quote/RPG.US.md) - [PTF.US](https://longbridge.com/en/quote/PTF.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [AB.US](https://longbridge.com/en/quote/AB.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [There’s More to Consider, Says Investor About Sandisk Stock](https://longbridge.com/en/news/296795615.md) - [SK Hynix Workers Reject Wage Deal, Triggering Fresh Negotiations: Report](https://longbridge.com/en/news/296882932.md) - [Benchmark Investment Advisors LLC Purchases Shares of 4,016 Sandisk Corporation $SNDK](https://longbridge.com/en/news/296694361.md) - [SK Hynix to pay 60% of employee bonuses in company stock, says source](https://longbridge.com/en/news/296439426.md) - [South Korea's SK Hynix weighs Japan chip plant, multi-trillion won investment: report](https://longbridge.com/en/news/296553474.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**