SanDisk Surges 14.04% on $850M Volume Ranking 127th as Morgan Stanley Upgrades to $96 Target on NAND Demand Shift

Generated by AI AgentAinvest Volume Radar
Thursday, Sep 11, 2025 7:46 pm ET1min read
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Aime RobotAime Summary

- SanDisk surged 14.04% on Sept. 11 amid $850M trading volume, driven by Morgan Stanley's $96 price target upgrade as a semiconductor sector top pick.

- Analysts cited structural NAND demand growth from hyperscaler SSD orders and BICs 8 technology adoption, with 2025 production forecasts reaching 250-300 exabytes.

- Cantor Fitzgerald and Benchmark raised targets to $50-$85, while Q3 results showed 12% sequential revenue growth to $1.9B and $0.29 non-GAAP EPS amid pricing increases.

. 11, , . The rally followed a strategic upgrade from Morgan StanleyMS--, , designating the stock as a Top Pick in the semiconductor sector. The firm cited robust demand for driven by hyperscaler orders for enterprise SSDs and the transition to BICs 8 technology as key catalysts.

Analysts highlighted a structural shift in the NAND market, . . Recent quarterly results reinforced the optimism, . , respectively, while maintaining positive ratings despite cautionary notes on near-term margin pressures.

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