Bernstein lifts SanDisk PT; shares rise
ReutersJan 15, 2026 11:50 AM
Shares of memory chipmaker SanDisk SNDK.O rise 5.8% to $410.28 premarket
Brokerage Bernstein lifts PT on SNDK to $580 from $300, implying a ~50% upside to stock's last close
Raises estimates due to "unprecedented" NAND (flash memory) shortages and rising prices; keeps SNDK as one of its top picks
SNDK continues to have the most upside in the short-term - Bernstein
Out of 21 brokerages covering the stock, 14 rate it "buy" or higher, others "hold"; stock has a median PT of $300 - LSEG data
SNDK made its market debut in February 2025 and the stock rose over sixfold by year-end
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