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SanDisk Faces Market Sell-Off; Goldman Sachs Raises Target Price Against the Trend, Bullish on August Earnings Report
Svmuu News Goldman Sachs clearly predicts in its research report that SanDisk’s fourth-quarter results for fiscal year 2026, to be announced on August 5, will be a “very strong quarter.” The global shortage of NAND flash memory chips will persist throughout 2026,with demand recovering simultaneously across mobile, PC, and data center segments. Meanwhile, production capacity is being squeezed by the high-end AI storage market, leading to a shortage of standard products and an upward trend in market prices. Goldman Sachs has raised SanDisk’s price target from $1,200 to $2,200 and reaffirmed its “Buy” rating,This aggressive adjustment not only reflects Goldman Sachs’s confidence in SanDisk’s fundamentals but also signals strong optimism regarding the company’s fourth-quarter fiscal year 2026 results, which are set to be announced in August.
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