SanDisk is considered to be the core target of NAND recovery. Bernstein has raised the target price to $1000.

Bernstein - Fanuc Group analyst Mark C. Newman has significantly raised the target price of this storage chip company to $1000, while maintaining an "outperform" rating. This new target price has been raised by 72.4% from the previous target price of $580, and there is still about 50% upside compared to the current stock price of $665. For reference, this is currently the highest target price given on Wall Street, while the market consensus target price for SanDisk shows only moderate upside after the stock price soared. Since the split with Western Digital, SanDisk has become a pure-play enterprise focused on NAND flash memory and storage products. Unlike other storage chip giants, the company does not rely solely on the high-bandwidth memory arms race with high capital input. With NAND flash memory prices bottoming out and rebounding, the company's revenue and profit have both seen significant rebounds.