What is SNDK stock forecast?

Sandisk Corp forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

SNDK

Sandisk Corp

NASDAQ: SNDK · TECHNOLOGY · COMPUTER HARDWARE

$1,096.51

+3.04% today

Updated 2026-04-30

Market cap

$146.11B

P/E ratio

—

P/S ratio

16.36x

EPS (TTM)

$-7.42

Dividend yield

—

52W range

$31 – $1,002

Volume

17.6M

Market cap

$146.11B

P/E ratio

—

P/S ratio

16.36x

EPS (TTM)

$-7.42

Dividend yield

—

52W range

$31 – $1,002

Volume

17.6M

Sandisk Corp (SNDK) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$1,096.51

Consensus

$555.00

-49.38%

2030 Target

$5,542.56

+405.47%

DCF

—

Current price

$1,096.51

Analyst consensus

$555.00

-49.38%

2030 Target

$5,542.56

+405.47%

Intrinsic (DCF)

—

17 analysts:

13 Buy4 Hold0 Sell

Management guidance

No specific CEO revenue targets disclosed in available guidance. Company is executing against AI memory supercycle with strong Q2 FY2026 results ($3.025B revenue, +61% YoY) and strategic $1B investment in Nanya for DRAM supply security. Management focuses on data center ramp, PCIe Gen5 adoption, and BiCS8 QLC Stargate solutions for AI inference workloads.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$9,260.99

$68.5B Rev × 20x P/S

Base case (2030)

$5,542.56

$68.5B Rev × 12x P/S

Bear case (2030)

$3,718.43

$68.5B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$6.1B	$6.7B	$7.4B	$15.6B	$26.6B	$40.2B	$54.7B	$68.5B
Revenue growth	—	9.5%	10.4%	111.7%	71.0%	50.9%	36.1%	25.3%
EPS	—	—	$7.42	$40.83	$90.46	$145.00	$195.00	$245.00
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$1,262.86	$2,174.93	$3,297.47	$4,420.02	$5,542.56

Catalysts & risks

Growth catalysts

+ AI memory demand acceleration from hyperscalers (Meta, Microsoft, Google capex cycles)

+ High-margin data center product mix shift (eSSD, PCIe Gen5 drives dominate)

+ Nanya strategic partnership securing long-term DRAM supply amid shortage

+ Market share gains in cloud storage infrastructure ahead of competitors

+ Potential tariff benefits if US memory production incentivized

Key risks

- Google TurboQuant algorithm reduces memory requirements, dampening demand growth

- Memory pricing volatility and potential supply normalization by 2028-2029

- Tariff exposure on Taiwan-sourced components and finished goods

- Competitive intensity from Micron, Western Digital on data center products

- Valuation stretched at 11.6x P/S; stock vulnerability to earnings misses

Methodology

Sandisk Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 17 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.