The Motley Fool analysts believe that NAND flash manufacturer SanDisk (NASDAQ:SNDK) is benefiting from strong demand for NAND flash products in AI data centers, with its stock price expected to surge 84% to $3,211 in the next 12 months. Wall Street analysts' median 12-month price target is $2,200, implying a potential upside of 26%. Market research firm TrendForce expects the NAND flash industry's revenue to nearly triple to $271 billion in 2026, and then grow another 40% to $379.4 billion in 2027. SanDisk's revenue for the fourth quarter of fiscal year 2026 (ended July 3) increased by 372% year-over-year to $8.96 billion, with non-GAAP earnings per share growing 135-fold to $39.25. The company expects current quarter revenue to be between $10.3 billion and $10.8 billion, with the midpoint representing a 357% year-over-year increase.