Sandisk Corp. (NASDAQ:SNDK) reported a blockbuster second-quarter report with eye-popping forward guidance. Analysts are responding on Friday with exceptionally bullish commentary and price target increases.  

SNDK stock is moving. See the chart and price action here. 

‘Holy Schnikes'

In a sea of price target raises, Cantor Fitzgerald stood out as one of the largest—analyst C.J. Muse maintained an Overweight rating on SNDK and raised the price target from $550 to $800. 

Some of the key market drivers Muse highlighted are: 

AI/Inference: Data Center demand is up 64%, with AI applications driving customers to plan capacity needs through the end of the decade.

Supply Scarcity: A lack of NAND creates an existential threat to data center buildouts, giving SanDisk major ...