<div id="readability-page-1"><p>SanDisk (SNDK) stock rose more than 5% on Monday (at the time of writing)<span> </span>as Goldman Sachs analyst James Schneider raised his price target by more than 83% to $2,200 from $1,200 and reiterated a Buy rating. Ahead of SanDisk's fiscal fourth-quarter earnings, expected in August, the 5-star analyst projects a &#34;very strong quarter,&#34; driven by persistent supply constraints in the NAND market. He expects investors to focus on additional management commentary on SNDK's long-term agreements (LTAs) and memory pricing.</p><h3>4th of July Sale - 70% Off</h3>Two ETFs to trade SNDK long or short: SNXX &amp; SNDQ <p>Meanwhile, Micron Technology (MU) stock was up more than 4% after analysts at UBS, Citi, and Bernstein made favorable comments about the memory giant.  </p> <h2><strong>Here's Why Goldman Analyst Is Optimistic on SanDisk Stock</strong></h2> <p>Aside from supply tightness, Schneider also expects SanDisk to benefit from an improving product mix, thanks to its ramping eSSD design wins at key hyperscaler customers. The analyst believes that ahead of the upcoming earnings, investor expectations are very high due to the company's solid guidance and management's favorable commentary in recent weeks.</p> <p>Furthermore, Schneider raised his estimates to reflect updated expectations for NAND contract pricing and higher operating expenses. The analyst highlighted that his adjusted EPS (earnings per share) estimate for calendar year 2026 is nearly 30% above the Street's consensus.</p> <p>Following Micron's update on the new LTAs, Schneider expects SanDisk's commentary on the number of new agreements and their scope to be a key catalyst for the stock. The analyst thinks that another key factor that could impact SNDK stock is NAND pricing.</p> <h2><strong>Is SNDK Stock a Buy, Hold, or Sell?</strong></h2> <p>Given solid AI-led demand tailwinds, SanDisk earns a Strong Buy consensus rating based on 14 Buys and two Holds. The average SNDK stock price target of $2,041.88 indicates 13.3% upside potential.</p></div>

SNDK

SNDG

SNDQ

SNDU

SNXX

<p>SanDisk (SNDK) stock rose over 5% after Goldman Sachs raised its price target by 83% to $2,200 and reiterated a Buy rating. Analyst James Schneider anticipates a 'very strong quarter' driven by NAND supply constraints and improving product mix. The upgrade reflects optimism ahead of Q4 earnings, with expectations for positive commentary on long-term agreements and memory pricing.</p>

Tip Ranks

Sandisk

Leverage Shares 2X Long SNDK Daily ETF

Tradr 2X Short SNDK Daily ETF

T-REX 2X Long SNDK Daily Target ETF

Tradr 2X Long Sndk Daily ETF

Goldman Sachs

Micron Tech

UBS Group AG

Citigroup

AllianceBernstein

GS Hldg R

CITIGROUP INC 6.250 NON CUM SER II PFD WI

SanDisk Stock (SNDK) Rises as Goldman Lifts Price Target by Over 83%; Expects a 'Very Strong Quarter'