sandisk 
SNDK remained in the spotlight after Susquehanna lowered its price target to $3,050 from $3,250 while also reaffirming a Positive rating.
The brokerage said the revised target followed updates to its financial model after identifying inaccuracies in its previous revenue and profit estimates. Susquehanna maintained his constructive outlook ahead of Sandisk’s fiscal fourth-quarter earnings report on August 5 and its Analyst Day on August 13.
The firm said investors are expected to closely monitor how AI infrastructure shapes memory demand. Key topics include the balance between dynamic random access memory and solid-state drives in AI inference, along with the impact of key-value cache offloading, a technique that moves AI model memory from GPUs to lower-cost storage.
Susquehanna also highlighted the launch of BiCS8 and BiCS10 NAND technologies, long-term production commitments for fiscal years 2027 and 2028, and the timing of high-bandwidth flash sampling. Analysts said updates on consumer, edge and data center demand, along with margin and operating leverage trends, could provide more insight into Sandisk’s long-term growth prospects.
