SanDisk’s Bounce: Analysts’ Boost Amid AI-Driven Memory Tightness

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(SeaPRwire) –   By: James Vance
SanDisk stock bounced back Monday. Mizuho raised target to $2,200, BofA to $2,100. Stock jumped ~5% to $1,638 after Friday’s 11% drop. AI demand tightens memory supply. No major new supply till 2028. Over a third of FY2027 revenue locked in via multiyear contracts. Peers Micron, Western Digital, Seagate also rose. Broader market down, but memory sector’s move stood out. SanDisk outperformed peers. Stock up over 557% in 2026. Author bio: James Vance, Senior Columnist at top international tech weekly, specializes in tech stock analysis.