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Sandisk Stock Jumps—Again. Don’t Worry About New Memory Supply, Say Analysts.
Barrons.com66d agobullish
Sandisk Stock Jumps—Again. Don’t Worry About New Memory Supply, Say Analysts.

Sandisk stock was back on the rise Monday after two Wall Street firms hiked their forecasts for the memory supplier. Mizuho Securities reiterated an Outperform rating on Sandisk stock and lifted its price target to $2,200 from $1,825 in a research note Sunday. BofA Securities followed suit Monday, maintaining a Buy rating and raising its price target to $2,100 from $1,550.

Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back
24/7 Wall St.66d agobullish
Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back

Memory and storage names are leading the tape in early Monday trading, snapping back hard from Friday’s brutal selloff. Micron Technology (NASDAQ:MU) stock is up 8% to $935, while Western Digital (NASDAQ:WDC) and SanDisk (NASDAQ:SNDK) are also rallying sharply. The bounce arrives without a fresh fundamental catalyst, and it looks technical in nature. The trio ... Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back

Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center
24/7 Wall St.66d agobearish
Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several Years”
24/7 Wall St.67d agoneutral
NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several Years”

NVIDIA (NASDAQ:NVDA) CEO Jensen Huang, speaking from South Korea tonight after Friday’s brutal chip sell-off, told investors that “AI-related stocks are very cheap right now.” More importantly for memory bulls, he framed the AI supply crunch as a multi-year condition, an unmistakably positive read-through for Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK), which trades under SNDK ... NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several

Wells Fargo Raises Western Digital (WDC) Price Target by $75
Insider Monkey67d agoneutral
Wells Fargo Raises Western Digital (WDC) Price Target by $75

Western Digital Corporation (NASDAQ:WDC) is included among the 10 Most Volatile Stocks to Buy in S&P 500. Western Digital Corporation (NASDAQ:WDC) develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology. On June 1, Wells Fargo analyst Aaron Rakers bumped up the firm’s price target on Western Digital Corporation […]

Is Western Digital Corporation (WDC) A Good Stock To Buy Now?
Insider Monkey67d agobullish
Is Western Digital Corporation (WDC) A Good Stock To Buy Now?

Is WDC a good stock to buy? We came across a bullish thesis on Western Digital Corporation on Studio Innovation’s Substack by Studio. In this article, we will summarize the bulls’ thesis on WDC. Western Digital Corporation’s share was trading at $530.60 as of May 27th. WDC’s trailing and forward P/E were 31.75 and 27.86 respectively according […]

Is It Too Late To Consider Western Digital (WDC) After Its Strong Year To Date Run?
Simply Wall St.69d agoneutral
Is It Too Late To Consider Western Digital (WDC) After Its Strong Year To Date Run?

If you are wondering whether Western Digital stock still offers value after a strong run, the key question now is what the current price actually reflects about its future cash flows and risks. The stock recently closed at US$511.72, with the share price down 3.7% over the last week, up 5.9% over the last month, and showing very large gains year to date and over the past few years. Recent market attention has focused on Western Digital in the context of AI related demand for data storage, as...

Assessing Western Digital (WDC) Valuation After AI Storage Momentum And Strong Q3 Earnings
Simply Wall St.70d agoneutral
Assessing Western Digital (WDC) Valuation After AI Storage Momentum And Strong Q3 Earnings

Western Digital (WDC) is back in the spotlight after a busy stretch of AI focused announcements, stronger Q3 results, higher dividends, and upbeat guidance that pushed the stock to fresh highs. See our latest analysis for Western Digital. Western Digital’s share price has been on a powerful run, with a 90 day share price return of 134.66% and a year to date share price return of 206.61%. The 1 year total shareholder return is very large, reflecting strong AI related storage headlines, upbeat...

Stocks Mixed as Tech Weakness Weighs
Barchart70d agoneutral
Stocks Mixed as Tech Weakness Weighs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.90%. June E-mini S&P futures (ESM26 ) are up +0.02%, and June E-mini Nasdaq futures...

Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff
24/7 Wall St.70d agobearish
Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff

Shares of Micron Technology (NASDAQ:MU) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming. Broadcom shares are down 14% to $411 and change. The drop comes despite no Micron-specific news. It’s evidently a sympathy move tied to ... Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff

Western Digital (WDC) Hits All-Time High as Citi Hikes PT by 37%
Insider Monkey71d agobullish
Western Digital (WDC) Hits All-Time High as Citi Hikes PT by 37%

Western Digital Corp. (NASDAQ:WDC) is one of the 10 Stocks With Remarkable Resilience. Western Digital saw its share prices climb to a fresh all-time high on Wednesday, as investors took heart from Citigroup’s 37 percent price target upgrade for its stock, while positioning portfolios ahead of tomorrow’s participation at the Computex 2026 conference. In intra-day […]

Sandisk Spin Off And AI Deals Test Lofty Valuation And Momentum
Simply Wall St.71d agoneutral
Sandisk Spin Off And AI Deals Test Lofty Valuation And Momentum

Sandisk (NasdaqGS:SNDK) has completed its spin off from Western Digital and is now operating as an independent company focused on AI storage. The company has reported revenue that exceeded expectations following the spin off. Sandisk has entered into multi year AI memory supply agreements worth US$42b. The company is adopting new business models that aim to reduce the cyclicality of its memory operations. These changes come during an industry wide memory shortage and position Sandisk as a...

Why Western Digital (WDC) Is Up 12.0% After Unveiling New AI‑Focused Storage Technologies
Simply Wall St.71d agoneutral
Why Western Digital (WDC) Is Up 12.0% After Unveiling New AI‑Focused Storage Technologies

In late May and early June 2026, Western Digital highlighted new AI-centric storage technologies at Computex, introduced Ultrastar UltraSMR hard drives with post-quantum cryptography, and added AI and cloud veteran Manuvir Das to its board. By pairing high-bandwidth HDD innovations with quantum‑resistant security and AI governance expertise, the company is positioning its storage platforms as core infrastructure for large‑scale AI data systems. We’ll now examine how Western Digital’s push...

How The Western Digital (WDC) Investment Story Is Shifting With AI Storage And New Valuations
Simply Wall St.71d agoneutral
How The Western Digital (WDC) Investment Story Is Shifting With AI Storage And New Valuations

Western Digital’s model fair value estimate has shifted from $507.61 to $518.26, signaling a recalibration of what analysts view as a reasonable anchor for the stock. Recent research leans on AI related storage demand, tight supply conditions, and expectations for firm pricing in both hard disk drives and memory as key reasons behind richer valuation markers. As you read on, you will see how this evolving narrative could shape how you track Western Digital from here. Analyst Price Targets...

Stocks Retreat as US-Iran Peace Hopes in Doubt
Barchart71d agoneutral
Stocks Retreat as US-Iran Peace Hopes in Doubt

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. June E-mini S&P futures (ESM26 ) fell -0.78%, and June E-mini Nasdaq futures...

Up 1,000% in the Past Year, It’s Too Late to Buy Western Digital Stock
Barchart71d agobullish
Up 1,000% in the Past Year, It’s Too Late to Buy Western Digital Stock

Western Digital (WDC) demonstrates exceptional momentum, hitting all-time highs and delivering a 1,000% gain over the past year. WDC maintains a 100% “Buy” technical opinion from Barchart. Revenue and earnings are projected to grow by over 35% and 100%, respectively, this year. With 8.64% short interest and Morningstar citing 35%...