SanDisk has received a buy rating with a $2,117.43 price target from 24/7 Wall St., implying 41.81% upside from its current price of $1,493.12. The bullish case rests on $93.9 billion in signed multi-year datacenter contracts that lock in future revenue, with management saying New Business Model deals now cover eight datacenter and edge customers with a weighted-average duration of over four years. SanDisk's fiscal Q4 2026 revenue of $8.96 billion was up 371.59% year over year, with GAAP gross margin of 84.6%, and Q1 FY2027 guidance calls for revenue of $10.30 billion to $10.80 billion and non-GAAP EPS of $44 to $46. The company's 372% revenue growth and 84.6% gross margin vastly outpace Western Digital's 44% growth and 54.4% non-GAAP gross margin, justifying a premium valuation over both WDC and Micron. Risks include NAND cyclicality, a 32% quarter-over-quarter drop in consumer revenue to $556 million, and bearish Reddit sentiment, but bulls point to the $14 billion additional buyback authorization and a bull-case scenario of $2,487.13.
Micron Technology Inc
Sandisk Corp
NVIDIA Corporation
Western Digital Corporation