The Motley Fool
14 Jul 2026, 03:39 UTC · 3h ago
Sandisk Stock Plunged Today. Analysts Say Buy the Dip.
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The Motley Fool
14 Jul 2026, 03:39 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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Sandisk shares fell 12.63% on Monday amid a broader pullback in semiconductor stocks. — A double-digit drop in a major chip player indicates significant short-term bearish sentiment and volatility in the sector.
-0.60Goldman Sachs raised its Sandisk price target to $2,200 and expects 2026 adjusted earnings to be nearly 30% above consensus. — Strong bullish guidance from a top-tier institution regarding future earnings growth typically attracts institutional buyers.
+0.50Evercore increased its Sandisk price target to $3,100, citing AI-driven memory demand outpacing supply through next year. — A significantly higher price target based on supply-demand imbalances suggests substantial long-term upside potential.
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The stock price sank over 12% on Monday, despite positive outlooks from some analysts.
Mentioned as a source of analysis and a recommendation, but no company-specific news is provided.
Mentioned as a source of analysis and a recommendation, but no company-specific news is provided.
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