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Prediction: SanDisk Has Rallied Too Far, Too Fast. The Price Target Warns of 20%+ Downside
Key takeaways
- Prediction: San Disk Has Rallied Too Far, Too Fast.
- Gross margins rocketed from 22% to 78% in Q3, yet a monthly RSI of 99 and Morgan Stanley valuation concerns signal the stock is dangerously overextended.
- CEO David Goeckeler's multi-year contracted revenue model could push shares to $2,429, but the bear case targets a 48% drawdown to $1,204.
Prediction: San Disk Has Rallied Too Far, Too Fast. The Price Target Warns of 20%+ Downside Vandita Jadeja Fri, June 26, 2026 at 9:09 PM GMT+7 4 min read SNDK Quick Read SNDK has rallied nearly 4,842% in one year, but our $1,705 price target implies 27% downside from current levels, earning a SELL at 90% confidence.
Gross margins rocketed from 22% to 78% in Q3, yet a monthly RSI of 99 and Morgan Stanley valuation concerns signal the stock is dangerously overextended.
CEO David Goeckeler's multi-year contracted revenue model could push shares to $2,429, but the bear case targets a 48% drawdown to $1,204.
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