Bank of America hikes Sandisk price target to $2,100. Here's why

Bank of America hikes Sandisk price target to $2,100. Here's why

The bank thinks the memory giant has more room to run thanks to agreements with customers and lingering shortages due to the AI buildout.

Bank of America resets Sandisk stock price target

Sandisk has already delivered one of the most extraordinary stock rallies in the technology sector this year, up more than 550% in 2026 before last week's pullback. The memory company fell more than 15% over two sessions as the broader…

Wall Street analysts revise SanDisk stock price target

Monday, June 8, proved a big day for SanDisk (NASDAQ: SNDK) stock ratings as three prominent Wall Street experts issued highly bullish 12-month price target already before the morning bell. Bank of America’s (NYSE: BAC) Wamsi Mohan was the most conservative of the three when he updated the SNDK share price forecast from the previous $1,550 to $2100. The expert from BofA also cited the expectation that strong pricing and demand shall persist whil…