📉 $SNDK : Will it climb back to $1,000 this year?
Sandisk closed at $835 on Nov 6 — down ~27% this week and over 50% this month after peaking above $2,000 earlier in the year. To hit $1,000 by year-end, it needs roughly a 20% gain in about two months.
The bull case: Wall Street is still overwhelmingly bullish — consensus rating is "Strong Buy," average 1-year target sits at $2,047, and even the lowest analyst target ($870) is above $1,000.
The bear case: The stock is in a clear downtrend, trading below key moving averages, with political uncertainty around AI data center regulation weighing on sentiment. Some see support near $750 if current levels break.
Fundamentals remain strong (revenue up 378% YoY last quarter), but near-term momentum is negative.
Will $SNDK return to $1,000 before the year ends?
Drop your price target in the comments! 💬
Sandisk closed at $835 on Nov 6 — down ~27% this week and over 50% this month after peaking above $2,000 earlier in the year. To hit $1,000 by year-end, it needs roughly a 20% gain in about two months.
The bull case: Wall Street is still overwhelmingly bullish — consensus rating is "Strong Buy," average 1-year target sits at $2,047, and even the lowest analyst target ($870) is above $1,000.
The bear case: The stock is in a clear downtrend, trading below key moving averages, with political uncertainty around AI data center regulation weighing on sentiment. Some see support near $750 if current levels break.
Fundamentals remain strong (revenue up 378% YoY last quarter), but near-term momentum is negative.
Will $SNDK return to $1,000 before the year ends?
Drop your price target in the comments! 💬
Yes,the dip is an opportunity
100%
No,the downtrnd isn't done yet
0%
🤔 Too close to call
0%
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