SanDisk (NASDAQ: SNDK), which is up 62% over the past month, continues to receive bullish attention from Wall Street with a new $2,000 price target on Susquehanna and others.
Investor optimism has accelerated after the company’s unusual third-quarter earnings report, with analysts touting SanDisk’s capital return strategy as a key catalyst.
In addition, management plans to use 50% of free cash flow to buy back shares, which estimates suggest will increase earnings by about 10%.
Perhaps unsurprisingly, some of the major large-scale language models (LLMs) also seem optimistic about SanDisk, with some predicting gains of more than 15% by the end of May.
AI predicts SanDisk stock price on May 31st
Notably, Finbold’s AI prediction agent suggests an average price for SNDK stock price of $1,647 on Friday, May 29, 2026, an additional 6.14% increase from the previous closing price of $1,547.
Given that May 31st falls on a Sunday this year, May 29th was chosen as SanDisk’s final closing price for this month.
Our artificial intelligence (AI) tool combines predictions from three major LLMs: ChatGPT 5.2, DeepSeek Chat, and Google Gemini 3 Flash.
ChatGPT issued its most bullish forecast, setting a price target of $1,795.4. This could be a 16% increase from the base price.
Meanwhile, Google’s Gemini 3 Flash model predicts that the stock price could rise to $1,645.5, implying an increase of about 6.3%.
In contrast, DeepSeek adopted a more cautious stance, predicting a price decline of $1,500, or about 3%.
What are analysts saying about SanDisk?
SanDisk has received multiple price hikes this month, citing higher earnings estimates, long-term supply agreements and stronger demand over the medium term.
In addition to the aforementioned Susquehanna, Jefferies raised its price target from $1,000 to $1,400 and gave it a “buy” rating. Meanwhile, Bernstein raised its price target to $1,700 from $1,250 and maintained an “outperform” rating.
Similarly, Bank of America (BofA) raised its price target on SanDisk from $1,080 to $1,550, also giving it a “buy” rating, while Raymond James more than doubled his estimate from $725 to $1,470.
As a result, the company enjoys a Wall Street consensus of Strong Buy, with an average 12-month price target of $1,409. However, it is worth noting that this figure is expected to be 5.73% downside from current levels, according to data reviewed by Finnvold. hint rank At the time of writing.
Featured image via Shutterstock
