SSD prices follow NAND Flash, the memory chips that make up most of a drive's cost. This page tracks the industry's contract prices — what SSD makers pay for NAND — quarter by quarter since the mid-2023 trough, using TrendForce's published forecasts with a source for every number. It is market data, not a record of any retailer's prices. Last reviewed 2026-10-16.
4Q26: TrendForce forecasts NAND Flash contract prices +15 to +20% quarter-over-quarter (TrendForce, 30 Sep 2026).Chained from TrendForce's quarterly forecasts, the index stands at 569 against 100 at the mid-2023 trough (3Q23) — roughly 5.7× — and is up 259% since the end of 2025. Retail SSD prices lag contract prices by a few months and move less, but in the same direction.
Index = 100 at the mid-2023 trough, then multiplied each quarter by the midpoint of TrendForce’s published contract-price forecast for that quarter. The final point is the forecast for the current quarter. Source for each quarter is in the table below.
| Quarter | TrendForce forecast (QoQ) | Index (3Q23 = 100) | Source |
|---|---|---|---|
| 4Q23 | +8 to +13% | 110 | TrendForce, 17 Oct 2023: “Suppliers Scale Back Production, Q4 NAND Flash Contract Prices Projected to Climb 8~13%” |
| 1Q24 | +15 to +20% | 130 | TrendForce, 9 Jan 2024: “NAND Flash Contract Prices Forecast to Rise 15–20% in 1Q24 Thanks to Supplier-Led Pricing” |
| 2Q24 | +13 to +18% | 150 | TrendForce, 28 Mar 2024: “Q2 NAND Flash Contract Prices Expected to Rise by 13–18%, Enterprise SSDs to See Highest Increase” |
| 3Q24 | +5 to +10% | 161 | TrendForce, 28 Jun 2024: “Q3 Contract Prices of NAND Flash Products Constrained by Increased Production and Lower End-User Demand; Estimated to Rise by 5–10%” |
| 4Q24 | -8 to -3% | 152 | TrendForce, 15 Oct 2024: “Increased Production and Weakened Demand to Drive NAND Flash Prices Down 3–8% in 4Q24” |
| 1Q25 | -10% | 137 | TrendForce, 31 Dec 2024: “Rising Inventories and Weak Seasonal Demand May Push 1Q25 NAND Flash Prices Down by Over 10%” TrendForce said “down by over 10%” without an upper bound; modelled at −10%, the published floor. |
| 2Q25 | flat | 137 | TrendForce, 26 Mar 2025: “NAND Flash Prices Begin to Recover in 2Q25 as Production Cuts and Inventory Rebuilding Take Effect” Overall prices “stabilize”; client SSD +3–8%, NAND wafers +10–15%, enterprise SSD flat. Modelled as flat. |
| 3Q25 | +5 to +10% | 147 | TrendForce, 9 Jul 2025: “3Q25 NAND Flash Contract Prices Projected to Rise 5–10%; Weak Smartphone Demand Limits eMMC and UFS” |
| 4Q25 | +5 to +10% | 158 | TrendForce, 25 Sep 2025: “NAND Flash Prices to Rise 5–10% in 4Q25, Driven by Spillover Demand for QLC Products” The forecast was made before the November 2025 surge: NAND wafer contract prices rose over 60% in November alone and Sandisk raised prices about 50% — see the spot evidence below. |
| 1Q26 | +55 to +60% | 250 | TrendForce, 2 Feb 2026: “Memory Price Outlook for 1Q26 Sharply Upgraded; QoQ Increases of All Product Categories to Hit Record Highs” Initial 5 Jan 2026 forecast was +33–38%; revised on 2 Feb 2026 to +55–60% as the outlook was “sharply upgraded”. |
| 2Q26 | +70 to +75% | 430 | TrendForce memory pricing survey, reported by Tom’s Hardware, 1 Apr 2026 NAND outpaced DRAM for the first time in this cycle; new fab capacity not expected in volume before late 2027. |
| 3Q26 | +10 to +15% | 484 | TrendForce memory pricing survey, reported by Tom’s Hardware, 4 Jul 2026 Gains moderate as consumer buyers hit an affordability ceiling; PC OEMs had stocked client SSDs in 1H26. |
| 4Q26 | +15 to +20% | 569 | TrendForce, 30 Sep 2026: “AI Server Demand Sustains Memory Contract Price Increases in 4Q26, While Consumer-Side Pressure Persists” Enterprise SSD is the only category where growth accelerates; client SSD and wafer increases restrained by inventories and retail affordability. |
Each row is the forecast TrendForce published at the start of that quarter. Where a release gave a range, the index uses its midpoint; where it gave only a direction, the note explains how it was modelled. Nothing is interpolated or estimated by us.
The forecast chain understates the autumn-2025 inflection. These dated, sourced data points show the realised moves:
For a ground-level check, TrendForce publishes a small sample of retail (“street”) SSD prices without a login. As of 16 Oct 2026 the sample runs from $133/TB to $250/TB, median $185/TB:
| Drive | Interface | Capacity | Avg street price | $/TB | Change |
|---|---|---|---|---|---|
| Samsung 990 Pro | PCIe 4.0 x4 | 1 TB | $249.99 | $250/TB | +4.17% |
| Silicon Power US75 | PCIe 4.0 x4 | 1 TB | $186.97 | $187/TB | -1.58% |
| PNY CS2150 | PCIe 5.0 x4 | 2 TB | $370.00 | $185/TB | -2.63% |
| ADATA Ultimate SU650 | SATA 6Gb/s | 960 GB | $173.71 | $181/TB | -2.94% |
| Kimtigo TP5000 | PCIe 4.0 | 1 TB | $133.00 | $133/TB | 0.00% |
Source: TrendForce WW SSD Street Price, 16 Oct 2026. Five retail SKUs TrendForce publishes without login; average of the high/low street prices they list, currency as shown (USD assumed). Use the price per TB calculator to compare a listing you are looking at against this sample.
TrendForce expects NAND Flash to enter a looser supply environment in 2H27 as higher-layer migration and new fab ramps drive significantly stronger bit supply growth than in 2026, putting increasing downward pressure on prices — while enterprise storage (above all QLC SSDs for AI) remains the main source of demand growth and consumer demand stays weak. The stated upside risk: faster-than-expected agentic-AI adoption could keep the market closer to balance.
Source: TrendForce, 30 Jul 2026: “Diverging Memory Market Outlook in 2027 as DRAM Supply Remains Tight While NAND Flash Supply Conditions Ease” (2026-07-30). Full discussion: Will SSD prices go down? · Why are SSD prices rising?
If you are deciding whether to buy now or wait: the index tells you which way the upstream cost is moving and how fast. A rising index with new capacity years away means waiting has not paid off and is unlikely to soon; a flattening index with supply loosening is the first sign that retail prices will follow. Pair it with the good-price thresholds and the drive comparison to pick the right drive at whatever the market is doing.
We update the index when TrendForce publishes its next quarterly forecast and refresh the street sample monthly; the review date is at the top of the page.