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SanDisk’s Bold Financial Vision | Durham News
SanDisk just stunned the market with bold financial targets—80% gross margins, 75% operating margins, and a full return of excess cash to shareholders—sparking a 20% stock surge. Top analyst Harlan Sur from JPMorgan reinstated coverage with an “Overweight” rating and a $2,250 price target, validating the bullish momentum. Riding the AI-driven NAND flash boom, SanDisk’s cutting-edge BiCS9/BiCS10 tech and volume-guaranteed customer deals are stabilizing the industry. Strong Q4 results, fueled by soaring data center demand and pricing power, back these ambitions. With the stock up 600% this…
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