Sandisk's Memory Prices Could Double Again in Fiscal 2027, but Has the Market Already Priced That Into the Stock?
Investors need to consider whether Sandisk can exceed expectations from here.
Overview
Sandisk (NASDAQ: SNDK) has been, by far, the best-performing stock in the S&P 500 this year. The flash memory maker has benefited from the ever-growing demand for memory and storage from AI data centers. The deep imbalance between supply and demand has allowed the company to boost its prices to a remarkable degree, and buyers keep snapping up its products.
And memory prices could surge even higher: Morningstar analyst William Kerwin expects to see that they rose by more than 100% overall in Sandisk's just-ended fiscal 2026, and predicts a nearly 100% rise from there in its fiscal 2027.
Details
There's no doubt that's incredibly good for Sandisk's business. But the stock market is always forward-looking. Investors need to ask whether that predicted growth is already priced into the stock and whether the company can exceed expectations.
Source
Originally published at www.fool.com.