Jim Cramer Makes Big Prediction About Sandisk (SNDK)

Published on May 8, 2026 at 8:27 am by Ramish Cheema in News

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. Sandisk Corporation (NASDAQ:SNDK) is one of the stocks discussed by Jim Cramer.

Computer memory manufacturer Sandisk Corporation (NASDAQ:SNDK)’s shares are among the top performers in the market. They are up by a whopping 3,931% year-to-date and by 412% year-to-date. Goldman Sachs discussed the firm on May 1st. It raised Sandisk Corporation (NASDAQ:SNDK)’s share price target to $1,200 from $700 and kept a Buy rating on the stock. The coverage came after the firm’s earnings report, and Goldman outlined that pricing, market demand and supply dynamics, and strong solid state disk drive demand from data centers. Bernstein raised Sandisk Corporation (NASDAQ:SNDK)’s share price target to $1,700 from $1,250 and kept an Outperform rating following the fiscal third quarter earnings report. Cramer believes the shares can go even higher:

“Sandisk, the company that is in the right place at the right. David it’s at 1,224, I’m going to make a 1,500, right now, takeover, I have a really good, I have a good account at JPMorgan, let me make a phone call, I have Jamie on speed dial, I can get that thing to 1,500. . .Sandisk is a star. What a company. I mean remember, this was considered to be a not great company. But they’re in the right place, right time, Carl, that’s what they are. Right place, right time. . .But I do think that Sandisk can go much higher.”