Sandisk Could Be a Generational Buy at These Levels

SanDisk (SNDK) has surged nearly 900% from the start of 2026 to the end of June, but has already given back about half of those gains after a pullback in the following weeks. The article argues that demand for NAND memory remains supply-constrained for years, supported by heavy deployment of solid-state drives in data centers. It cites Sandisk’s fiscal 2026 fourth quarter results ended July 3, where revenue rose 372% year over year, with one-third tied to higher sales volumes and two-thirds to higher pricing. Analysts expect another strong fiscal Q1 2027 quarter, with revenue up over 360% year over year.