Sandisk Stock Had a Strong Week. Revenue Could Grow 76% in Two Years, This Firm Says.
Market Intelligence Analysis
AI-PoweredSandisk's stock has surged 560% since its market return, reaching $237.61, with a recent 15% increase following strong earnings from Micron Technology. Analysts project a potential revenue growth of 76% over the next two years, indicating strong market confidence in Sandisk's future performance.
Market impact analysis based on bullish sentiment with 84% confidence.
Article Context
Sandisk’s first year back on the stock market couldn’t have gone any better. Shares of the flash memory company have climbed 560% to $237.61 since they began trading on Feb. 13 at $36 apiece. The stock rose 15% across Thursday and Friday alone after peer Micron Technology crushed earnings expectations.
Analysis and insights provided by AnalystMarkets AI.