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Analyst Says SanDisk (SNDK) is Among the Top Undervalued Data Storage Stocks

We recently published Wall Street Analysts Like These 10 Stocks. Sandisk Corporation (NASDAQ:SNDK) is one of the stocks analysts were recently talking about.

Mark Newman, Bernstein senior analyst, recently said during a program on CNBC that the market is underappreciating SanDisk Corp (NASDAQ:SNDK), and the stock is undervalued. Here is how the analyst made the case for the stock:

“I mean, SanDisk Corp (NASDAQ:SNDK) just spun out from Western Digital earlier in the year. I think it’s not well appreciated. I think it’s starting to outperform the last few weeks. But if you look prior to that, it had been pretty flat. And if you look in our initiation note out today, we value Sandisk on a few different metrics. And if you value it on a portion of its fab replacement value, it is trading at about half, which means it is trading at less than half of the value of the fab replacement cost. It’s not putting any real value into the ongoing free cash flow generation and earnings growth from the company. The actual intellectual property in the company is effectively valued at zero. And so we think there’s a lot more upside here. They are also benefiting from the intelligence revolution and the data explosion as well because data is being stored in not just hard disk drives but also nan flash. So SanDisk Corp (NASDAQ:SNDK) also benefits from this.”

Loomis Sayles Small Cap Value Fund stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its second quarter 2025 investor letter:

“Sandisk Corporation (NASDAQ:SNDK) is a leading manufacturer of flash memory data storage primarily for consumer electronic devices and the recent investment was predicated on a cyclical recovery in the company’s end markets. However, the potential negative consequences of tariffs on the consumer electronics market and data storage prices was determined to be an investment thesis break and we exited our relatively small position after a modest rally in the stock off the early April price level.”

While we acknowledge the risk and potential of SNDK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SNDK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Buy This $3 Stock Now Before the 400% Surge Begins

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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