By Vandita Jadeja
Publication Date: 2026-09-30 16:30:00
NVIDIA is up 23% this year, but Micron and SanDisk have left it in the dust with gains that few analysts thought possible. Now Wall Street is drawing a roadmap to prices that would require the whole cycle to repeat…
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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang summed up this cycle in six words: “Now, compute is revenue.” That compute runs on memory, which explains why Micron (NASDAQ:MU) and SanDisk (NASDAQ:SNDK) have outrun even NVIDIA.
So far this year, NVIDIA is up 23.54%, Micron has gained 264.75%, and SanDisk has risen 608.7%. All three now have multi-year customer commitments behind them.
Here’s how NVIDIA could reach $400, Micron $2,000, and SanDisk $3,000 in 2027.
Wall Street Already Sees Up to 46% Upside, and Estimates Keep Climbing
The consensus targets are $327.70 for NVIDIA (42.6% upside), $1,515.54 for Micron (45.7%), and $2,136.54 for SanDisk (27%).
Estimates keep moving higher. NVIDIA’s fiscal 2028 EPS estimate is $15.6826, up from $12.6737 90 days ago. Micron’s fiscal 2027 estimate went from $117.8618 to $156.5298. SanDisk’s went from $188.8767 to $213.903.
The three have also exceeded expectations for several quarters running: five in a row for NVIDIA, seven for Micron and five for SanDisk. That record suggests the forecasts are still too low.
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