10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats

7. Sandisk Corporation (NASDAQ:SNDK)

On May 1, 2026, Goldman Sachs analyst James Schneider raised the price target on SanDisk Corporation (NASDAQ:SNDK) to $1,200 from $700 and maintained a Buy rating following a stronger-than-expected quarter and outlook. James Schneider noted that despite an initial 6% decline, the stock is expected to move higher, supported by strong pricing, tight supply-demand conditions, and growing datacenter SSD demand.

Bernstein also lifted its price target on SanDisk Corporation (NASDAQ:SNDK) to $1,700 from $1,250 with an Outperform rating, citing a Q3 beat and guidance. The firm said the stock declined after market following a +3,264% one-year move, while noting the quarter delivered a broad-based beat and that Q4 EPS guidance appears conservative, reflecting new long-term agreements. Meanwhile, Raymond James raised its price target to $1,470 from $725 and maintained an Outperform rating, pointing to a datacenter inflection driven by AI demand, with multi-year agreements improving visibility and margins.

SanDisk Corporation (NASDAQ:SNDK) reported fiscal Q3 EPS of $23.41 versus $14.66 consensus and revenue of $5.95B compared to $4.73B expected. CEO David Goeckeler said the quarter represents a “fundamental inflection point,” with a shift toward higher-value markets led by datacenter and a move to multi-year customer agreements supporting more durable earnings.

SanDisk Corporation (NASDAQ:SNDK) develops and sells data storage solutions based on NAND flash technology across global markets.