Prediction: Sandisk Will Reclaim Its All-Time High by the End of the Year
Sandisk overdelivered from its guidance and is down sharply because of it. That doesn't make much sense.
Overview
Sandisk (NASDAQ: SNDK) is one of the only growth stocks that can more than quadruple and still be undervalued. Superb fiscal 2026 fourth-quarter results and broader memory chip trends suggest that Sandisk can reclaim its all-time high of just above $2,350 per share.
The stock would almost have to double from its current price to reach that level. Although it may sound difficult to imagine that type of growth, given Sandisk's recent returns, it's entirely feasible.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.