Bank of America continued to maintain a bullish rating after SanDisk released its latest earnings report, and indicated that the expansion of AI infrastructure may drive continued growth in storage demand, and that the company's profitability may be stronger than market expectations. Bank of America reaffirmed SanDisk's “buy” rating and maintained a target price of $2,500. The target price is based on expected earnings of $255 per share in 2027 and an estimated price-earnings ratio of about 10 times. Compared with the reference share price of $1350.5, there is an implied increase of about 85%. Bank of America said that SanDisk was previously regarded by the market as a typical cyclical stock, but as the development of artificial intelligence drives up demand for data storage and increases in the penetration rate of enterprise-grade SSDs, the company's current profit level may be more sustainable. According to financial data, SanDisk's fourth fiscal quarter revenue reached 8.97 billion US dollars, an increase of 51% over the previous month, exceeding the company's previous guidance of 7.75 billion to 8.25 billion US dollars. Of this, about two-thirds of the increase came from rising product prices, and the rest came from increased shipments of storage bits. Over the same period, the company's gross margin rose to 84.6%, up from 78.4% in the previous quarter, and surpassed the previous forecast range of 79%-81%. Bank of America expects SanDisk's earnings per share to increase by 229% -233.85 US dollars in fiscal year 2027, and revenue increase by 160% to $52.6 billion. The company expects revenue of 10.3 billion to 10.8 billion US dollars for the next fiscal quarter, earnings per share of 44-46 US dollars, and maintain gross margin of 83% to 85%. Bank of America said that it has not seen any clear signs that SanDisk storage prices and profitability have peaked, and the growth in storage demand brought about by AI infrastructure construction may continue to support the industry boom cycle.

Bank of America continued to maintain a bullish rating after SanDisk released its latest earnings report, and indicated that the expansion of AI infrastructure may drive continued growth in storage demand, and that the company's profitability may be stronger than market expectations. Bank of America reaffirmed SanDisk's “buy” rating and maintained a target price of $2,500. The target price is based on expected earnings of $255 per share in 2027 and an estimated price-earnings ratio of about 10 times. Compared with the reference share price of $1350.5, there is an implied increase of about 85%. Bank of America said that SanDisk was previously regarded by the market as a typical cyclical stock, but as the development of artificial intelligence drives up demand for data storage and increases in the penetration rate of enterprise-grade SSDs, the company's current profit level may be more sustainable. According to financial data, SanDisk's fourth fiscal quarter revenue reached 8.97 billion US dollars, an increase of 51% over the previous month, exceeding the company's previous guideline of 7.75 billion to 8.25 billion US dollars. Of this, about two-thirds of the increase came from rising product prices, and the rest came from increased shipments of storage bits. Over the same period, the company's gross margin rose to 84.6%, up from 78.4% in the previous quarter, and surpassed the previous forecast range of 79%-81%. Bank of America expects SanDisk's earnings per share to increase by 229% -233.85 US dollars in fiscal year 2027, and revenue increase by 160% to $52.6 billion. The company expects revenue of 10.3 billion to 10.8 billion US dollars for the next fiscal quarter, earnings per share of 44-46 US dollars, and maintain gross margin of 83% to 85%. Bank of America said that it has not seen any clear signs that SanDisk storage prices and profitability have peaked, and the growth in storage demand brought about by AI infrastructure construction may continue to support the industry boom cycle.