Sandisk Stock Could Nearly Double to $3,000, According to Wall Street

Sandisk (SNDK) has had an extraordinary run this year, skyrocketing 525% so far in 2026. Yet SNDK stock has also recently stumbled, falling 7% over the past five days and sitting 37% below its 52-week high of $2,354.39, giving investors plenty of reason to be cautious. Nonetheless, Wall Street remains unusually bullish, with one analyst even expecting the stock to surge as high as $3,000 per share.

Sandisk is rapidly shifting toward data-center storage, locking in multiyear customer commitments and generating enormous cash flow. But a $3,000 target within 12 months would require the current growth story to keep accelerating. Let’s take a closer look at whether SNDK stock can meet this target.