Sandisk Corporation (NASDAQ:SNDK) saw its price target raised to $85 by Benchmark after announcing a price hike of more than 10% on all products for channel and consumer customers. In FQ4 2025, revenue reached $1.901 billion, up 12% QoQ and 8% YoY, with FY2025 revenue hitting $7.355 billion, a 10% increase from FY2024. Revenue growth was driven by a mid-single-digit increase in bit shipments and ASPs, with data center business representing over 12% of total bits shipped. SanDisk develops, manufactures, and sells data storage devices worldwide.

Read more at Yahoo Finance: Benchmark Increases SanDisk (SNDK) PT to $85 Following a Price Hike Announcement