By Vandita Jadeja
Publication Date: 2026-10-27 15:03:00
NVIDIA, Micron, and SanDisk have already crushed the market in 2026, but analysts keep raising their targets anyway. Here is whether the valuation math actually supports another massive leg higher before 2027 ends.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), Micron Technology (NASDAQ:MU), and SanDisk (NASDAQ:SNDK) have led the chip rally in 2026. NVIDIA is up 14.71% year to date, Micron has gained 205.02%, and SanDisk has rallied 437.47%.
All three sell the compute, memory, and storage that AI factories use, and NVIDIA’s CFO says “we are experiencing extreme pricing conditions in memory.” Each stock has a data-backed case for a higher target in 2027.
Analysts Keep Chasing These Numbers Higher
NVIDIA’s fiscal 2028 EPS estimate is $15.9146, up from $12.7636 90 days ago. Micron’s fiscal 2027 estimate rose to $176.6868 from $150.0075. SanDisk’s fiscal 2028 figure climbed to $266.2971 from $248.4217.
Even those estimates may prove too low: NVIDIA has exceeded EPS forecasts 5 straight quarters, Micron 8, and SanDisk 5.
NVIDIA to $300 Still Leaves It Cheaper Than the Market
At $213.43, NVIDIA trades at 13x fiscal 2028 estimates. At $300 (a 41% gain), that rises to 19x, still under the S&P 500’s 21-23x. Management expects fiscal 2028 revenue to grow approximately 70% while supply limited. Jensen Huang said “the unconstrained number would be a lot higher.”
NVIDIA’s Path to $300
History helps: shares rose 171% in 2024 and 239% in…
