SanDisk stock (NASDAQ: SNDK) crashed 12.63% on Thursday in the largest semiconductor sell-off of the year. Several other leading semiconductor titans, such as SK Hynix and Micron Technologies, experienced steep downturns. SK Hynix stock (NASDAQ: SKHY) fell 13.69% and is now back close to its launch price of $152. On the other hand, Micron stock (NASDAQ: MU) plunged nearly 6% and closed the day’s trade at $852. The shock crash has got investors worried, as they’re unable to pinpoint when the equities could bottom out.

On the heels of the ongoing semiconductor-sector crash, leading research and analytical firm StockAnalysis has provided a worst-case crash-scenario price prediction for SanDisk stock if the market downturn continues for an extended period. The firm took an overall consensus from 20 Wall Street analysts, predicting how low SNDK can fall in the worst-case scenario. The price prediction can help investors understand where the bottom of the barrel could be. It also guides on when to take an entry position and when to avoid.

Also Read: Micron Stock Can Crash to $361 in Worst-Case Scenario (MU): Prediction

How Low Can SanDisk Stock Crash? (SNDK)

The Wall Street consensus provided on StockAnalysis from analysts predicts that SanDisk stock can fall to a low of $1,000. That’s a decline of close to 30%, from its current price of $1,411. Therefore, an investment of $1,000 could turn into $700 if the price prediction turns out to be accurate. A quick recovery from here might not be possible, as volatility could be heightened. However, this is only under the worst-case scenario, if the market enters a recession, among other distressing financial outcomes.

If the market remains normal with a few ups and downs, SanDisk stock traders have nothing to worry about. The semiconductor and high-bandwidth memory (HBM) sector is the most in-demand in building the AI infrastructure. Multinational corporations depend on their products to build their data centers and run the AI models. The demand has reached unprecedented heights, making SanDisk’s revenues experience a massive surge in value. Business is booming and could likely remain on the positive side until the end of the decade, in 2030.