https://zgm.org/tags/nand/ Recent content in NAND on ZGM.org Hugo -- gohugo.io en-us Thu, 06 Aug 2026 00:00:00 +0000 https://zgm.org/sandisk-sndk-4000-price-target-the-case-rests-on-the-multiple-not-the-earnings/ Thu, 06 Aug 2026 00:00:00 +0000 https://zgm.org/sandisk-sndk-4000-price-target-the-case-rests-on-the-multiple-not-the-earnings/ The arithmetic behind a $4,000 SanDisk share price is unremarkable. Take consensus fiscal 2027 earnings of roughly $168 per share, apply a price-to-earnings multiple of 22, which is about where the S&P 500 sits, and the answer falls out. Evercore’s bull case gets there a different way, assuming better than $300 in earnings power against a headline target of $3,100. Neither calculation requires SanDisk to beat anything. Both require only that the market agree to value NAND flash earnings the way it values the average large-cap American company.