I Think Sandisk Stock Will Be in the Low $2,000s in 2030. From About $1,790, That Wouldn't Beat the Market.

Key Points Sandisk's fiscal 2028 through fiscal 2030 model calls for mid-to-high-teens revenue growth with adjusted free cash flow of about 50% of revenue. Management guided for fiscal first-quarter revenue of $10.3 billion to $10.8 billion. Sandisk's gross margin was about 16% as recently as fiscal 2024. 10 stocks we like better than Sandisk › Shares of Sandisk (NASDAQ:SNDK) have risen about 650% in 2026 and trade close to $1,790 as I write this. A rally like that shifts the discussion to what the business could be worth years from now. Management has put its own answer in writing.