The company is benefiting from growing demand for storage across AI workloads, data centers, edge computing, and consumer applications. Investors are also anticipating softer NAND pricing ahead, which could be a significant headwind for earnings. Despite the steep decline, Wall Street sentiment toward SNDK stock remains constructive. The Selloff in SNDK Stock Created a Buying OpportunityThe recent selloff in SNDK stock has raised concerns about whether the company's rapid growth is sustainable. While the stock has lost considerable value, Sandisk's fundamentals remain strong, supported by rising NAND demand, higher pricing, and a substantial pipeline of long-term agreements.