Sandisk could be a generational buying opportunity at current levels, according to an analysis from The Motley Fool. The memory chip maker's stock surged nearly 900% in the first half of 2026 before giving back about half of those gains, and the author argues the pullback presents an incredible opportunity. Sandisk's fiscal 2026 fourth quarter revenue jumped 372% year over year, with two-thirds of that growth driven by higher NAND memory pricing amid a supply shortage that has made memory the primary bottleneck in AI data center build-outs. Wall Street expects fiscal 2027 first quarter revenue to rise over 360% and full-year revenue to grow 140%, yet the stock trades at just 5.8 times expected forward earnings. The author contends the market is underappreciating the possibility that AI-driven demand will absorb new supply, keeping memory chip stocks like Sandisk strong.
