Stock IdeasStrong Buy Stocks

Strong Buy Stocks from Top Wall Street Analysts

Latest stocks with a Strong Buy rating from the top performing 25% of analysts tracked by WallStreetZen

Jefferies's Blayne Curtis raised their price target on Sandisk (NASDAQ: SNDK) by 16.7% from $600 to $700 on 2026/01/31. The analyst maintained their Strong Buy rating on the stock.

Sandisk reported its Q2 2026 earnings.

Raising their price target, Curtis overviewed that the print provided "the first real look into the scale of the structural imbalance between NAND supply and demand since prices started rising last fall.

Expectations for "mid-teens bit growth are now moving a step-function higher" because of demand from multiple hyperscalers, the analyst said, looking ahead.

This NAND cycle has been "nothing short of shocking," Curtis posited, and although there will eventually be a down cycle, "no clear end is yet in sight."

Earnings Report

For Q2 2026, Sandisk reported:

• EPS of 6.20, which beat the Zacks Consensus Estimate by 75.1% and Q2 2025's $1.23.
• Revenue of 3.03B, which beat the Zacks Consensus Estimate by 13.49% and was up 61.2% Y/Y.

For Q3 2026, management guided:

• EPS of $12.00 to $14.00.
• Revenue of $4.4B to $4.8B.

CEO David Goeckeler commented: “This quarter’s performance underscores our agility in capitalizing on better product mix, accelerating enterprise SSD deployments, and strengthening market demand dynamics, all at a time when the critical role that our products play in powering AI and the world’s technology is being recognized.

"Our structural reset to align supply with attractive, sustained demand positions us to drive disciplined growth and deliver industry-leading financial performance.”