Lam Research, Applied Materials, and Camtek Rise After SanDisk Issues Bullish Financial Targets

Sandisk’s stock is flying higher. Here are the new targets that are exciting Wall Street.

The memory-chip company just offered revenue-growth forecasts stretching to the end of the decade, and Sandisk expects to maintain its high profitability as the years go on.

Lam Research, Applied Materials, and Camtek Rise After SanDisk Issues Bullish Financial Targets

SanDisk just dropped a multi-year financial model at its Investor Day, and the ripple hit equipment stocks hard and fast. Here is what the targets signal about memory capital spending through 2030 and which semiconductor names stand to gain the most.

Sandisk soars after unveiling long-term financial model at Investor Day

Sandisk stock jumps 10% after Investor Day as it targets mid-to-high teens revenue growth and big margins through 2030.

Analysts set Sandisk stock price target

SanDisk (NASDAQ: SNDK) laid out its Investor Day targets on August 13, presenting a new financial model that sent the stock price soaring 14% and reinforced analyst confidence in long-term Sandisk stock price targets. Evercore ISI analyst Amit Daryanani reiterated an ‘Outperform’ rating and $2,800 price target on the company, highlighting the potential for higher margins, improved free cash flow, and capital returns. Indeed, SanDisk management o…

Sandisk Targets 80% Gross Margin as NAND Revenue Growth Accelerates Toward 2030

Sandisk has outlined unusually ambitious financial targets for fiscal 2028 through 2030, forecasting mid-to-high-teen annual revenue growth and non-GAAP gross margins of approximately 80%.