Up 62% over the past month, Sandisk (NASDAQ: SNDK) continues to draw bullish attention from Wall Street, with new price targets, such as that by Susquehanna, as high as $2,000.
Investor optimism is accelerating following the company’s exceptional third-quarter earnings report, with analysts highlighting SanDisk’s capital return strategy as a key catalyst.
What’s more, management plans to allocate 50% of the free cash flow toward share repurchases, a move that could generate roughly 10% earnings accretion, according to estimates.
As can perhaps be expected, some of the leading large language models (LLMs) also appear optimistic on Sandisk, with some of them forecasting rallies of more than 15% by the end of May.
AI predicts Sandisk stock price on May 31
Notably, Finbold’s AI prediction agent averages an SNDK share price of $1,647 on Friday, May 29, 2026, implying a further 6.14% gain over the last closing price of $1,547.
Considering that May 31 falls on Sunday this year, May 29 was selected as Sandisk’s last closing price this month.
Our artificial intelligence (AI) tool combined the forecasts of three major LLMs, namely ChatGPT 5.2, DeepSeek Chat, and Google Gemini 3 Flash.
ChatGPT issued the most bullish projection, setting a price target of $1,795.4, which represents a potential upside of 16% from the reference price.
Meanwhile, Google’s Gemini 3 Flash model projected the stock could rise to $1,645.5, implying gains of approximately 6.3%.
In contrast, DeepSeek adopted a more cautious stance, forecasting a price of $1,500, or a decline of roughly 3%.
What are analysts saying about Sandisk?
Sandisk has received multiple stock price upgrades this month due to higher earnings estimates, long-term supply agreements, and a strengthening medium-term demand.
In addition to the aforementioned Susquehanna, Jefferies raised its target from $1,000 to $1,400 with a ‘Buy’ rating, whoæe Bernstein upped the price target from $1,250 to $1,700 and maintained an ‘Outperform’ rating.
Similarly, Bank of America (BofA) increased its Sandisk price target from $1,080 to $1,550, also with a ‘Buy’ rating, while Raymond James more than doubled its own prediction from $725 to $1,470.
As a result, the company enjoys a ‘Strong Buy’ Wall Street consensus and an average twelve-month price target of $1,409. It’s notable, however, that the figure sees a 5.73% downside from the current levels, according to data Finbold assessed on TipRanks at the time of writing.
Featured image via Shutterstock
