NVIDIA Corporation (NVDA) has reached record highs, solidifying its position as the world’s most valuable company, driven by strong demand for its chips and CUDA software platform. However, year-to-date gains are only 10.9%, raising concerns about sustaining rapid growth amid heightened investor expectations, a potential slowdown in AI spending, and increased competition.
In contrast, Sandisk Corporation (SNDK) has seen its shares surge by 573.7% this year, fueled by robust demand for its AI-related memory solutions. The company’s revenue reached $5.95 billion in Q3 2026, a 97% sequential increase, with expectations of $7.75 billion to $8.25 billion in Q4. Analysts project a staggering earnings growth rate of 2,111% for the current year, with a Zacks Consensus Estimate of $66.11 for SNDK’s EPS, up 1059.8% year-over-year.
Short-term price targets for SNDK average $2,380.47, indicating a potential increase of 49.8% from its last closing price of $1,589.40, with the highest target suggesting an upside of 104.5%. Sandisk has a Zacks Rank #1 (Strong Buy), projecting strong growth in the AI memory market.
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