Sandisk Stock Surges: AI & NAND Flash Fueling Growth

0:00It's April 23rd. I'm Corey with the story, and this is Durham News today, your AI-powered local news. Sandis Stock has been on fire. Up 280% year to date after a massive 580% run in 2025. Land to get near the top of the S&P 500. Bank of America just bumped their price target to $1,080 from $900, sticking with the buy rating ahead of 3rd. Quarter earnings. Lists like Womsey Mohan point to stronger than expected Nan pricing in tight supply chains, with Sandis perfectly positioned for AI-driven. Storage demand from big enterprise players. Investors are buzzing because this isn't just hype. The fundamentals are shifting fast, with gross margins expected to hit the mid-60s percent in. The third quarter and earnings per share more than doubling from last time. Money and flash prices have skyrocketed, up 33 to 38% in the fourth quarter of 2025, then 85 to 90. Per cent in the first quarter of 2026, and another 70 to 75% forecast for

1:05the second quarter, thanks to discipline. Supply growth below pass boom levels. Wall streets overall take stays cautious and moderate by, with an average target below the highs, so if you're holding big gains or eyeing entry. Match this NEMD and AI surge to your risk level and timeline, because cycles turn, but right now the math favors more upside through 2026.