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SanDisk’s Contract Shift Drives Price Target | Durham News
SanDisk’s stock just got a massive price target bump to $3,000 — not because of memory chip price surges, but because the company’s flipping its entire business model. After years of volatile spot-market pricing, SanDisk is now locking in long-term, fixed-price contracts with customers, backed by upfront payments and growing financial guarantees over time. This slashes downside risk — even in a brutal price crash, earnings per share stay strong. Analysts are calling this a fundamental shift across the memory sector, driven by AI demand and customer loyalty, with big questions about how…
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