Can Sandisk, Up 1,400%, Still Deliver a 4x Return in Three Years?
NAND flash memory specialist Sandisk (SNDK) has seen its shares skyrocket by 1,400% since its standalone debut, driven by surging demand for AI applications in edge devices and data centers. Despite this rapid increase, the company's valuation remains modest, and analysts believe it could still quadruple its stock price over the next three years due to projected earnings growth and continued tight supply in the NAND flash market. However, investors are cautioned about potential pullbacks due to market volatility.
Sandisk Stock Soars 1400% Post Spin-Off from Western Digital
Sandisk's stock has soared 1400% since its spin-off from Western Digital last year, driven by strong growth in the flash storage market. The company reported significant revenue growth of 63% year-over-year in Q2 fiscal 2026, with a considerable portion coming from edge devices and a 76% surge in data center revenue. Analysts are optimistic, projecting a 1220% increase in EPS for the current fiscal year, highlighting its potential as a high-growth stock.
SanDisk stock price slides today as Sandisk gives back two-day rally on memory-sector pullback
SanDisk shares declined by approximately 5% after a two-day rally, influenced by a broader pullback in the memory and storage sector. This retreat occurred despite earlier strong performance and an optimistic forecast driven by AI data center demand. Investors are closely monitoring chip supply, pricing power, and upcoming earnings reports, with concerns about the long-term sustainability of the AI-fueled memory squeeze.
SanDisk Rides AI Memory Demand With High Bandwidth NAND Expansion
SanDisk is expanding its high bandwidth NAND offerings for AI data centers and has extended a joint venture with a Japanese memory partner to boost supply capacity. This move addresses the surging demand for AI-related memory, which current production levels cannot fully meet. The company's stock, NasdaqGS:SNDK, has seen significant gains, reflecting investor interest in its role in AI infrastructure.
Stocks Mixed on Strength in Chipmakers and Weakness in Cisco Systems
Stock indexes are showing mixed performance today, driven by strength in chipmakers like Sandisk due to forecasted high demand for NAND memory chips, and weakness in Cisco Systems which projected lower profitability due to higher memory-chip prices. Despite mixed signals from a slightly weaker labor market and anticipated decline in existing home sales, optimism is supported by bond yield declines and better-than-expected Q4 corporate earnings across the S&P 500. Markets are also awaiting key economic data on inflation later in the week.
SanDisk Stock Surges On Memory Shortage Outlook
SanDisk (NASDAQ: SNDK) stock surged due to an anticipated memory shortage, particularly in NAND and DRAM chips, which is expected to drive earnings and margins higher. Goldman Sachs projects significant undersupply and a substantial increase in DRAM pricing, with operating margins possibly reaching 70% to 80% for major producers. The company, a key player in the NAND market, has seen its shares climb over 1,500% in the past year and is well-positioned to benefit from increasing demand driven by AI servers and data centers.
Down 18% From Its Recent High, Should You Buy the Dip in Sandisk Stock?
Sandisk (SNDK) stock has seen a significant surge, gaining 1,500% over the last year, primarily driven by the escalating demand for data storage and NAND flash technology fueled by the AI revolution. Despite a recent 18% dip from its peak, the company's strong growth in net income (7-fold increase) and a seemingly undervalued forward P/E multiple of 26 suggest potential upside. Wall Street analysts maintain a bullish outlook with a consensus price target indicating an 11% upside, making the current dip a potential buying opportunity for investors focusing on the AI ecosystem's memory and storage sector.
SanDisk Corp (SNDK) Shares Up 8.01% on Feb 11
SanDisk Corp (SNDK) shares surged 8.01% in intraday trading on February 11, reaching $585.00. The stock is 19.31% below its 52-week high but significantly above its 52-week low. Wall Street analysts forecast an average target price of $682.68, implying a 16.70% upside, with an "Outperform" consensus recommendation.
Sandisk: Fiscal 2Q26 Financial Results
Sandisk Corp. reported strong fiscal second-quarter 2026 financial results, with revenue reaching $3.03 billion, a 61% year-over-year increase and 31% quarter-over-quarter growth. GAAP net income was $803 million, and diluted EPS was $5.15, while non-GAAP diluted EPS was $6.20. The company expects continued growth in Q3, with revenue projected between $4.40 billion and $4.80 billion, driven by accelerated enterprise SSD deployments and increasing demand from AI infrastructure builders.
Sandisk stock slips after a wild session; SNDK traders eye U.S. jobs and CPI
Sandisk stock (SNDK) eased 2.4% after-hours following a volatile trading session, despite a significant year-to-date surge driven by AI-fueled data center demand. Investors are closely watching upcoming U.S. employment and inflation data, which could impact interest rates and high-volatility tech stocks. While analysts remain optimistic about Sandisk's long-term prospects due to AI's impact on flash storage demand, concerns linger about potential shifts in supply and cloud spending.
Buy SNDK for Double-Digit Returns in the Short Term After a Solid 2025
SanDisk Corp. (SNDK) is positioned for strong returns following exceptional second-quarter fiscal 2026 earnings, driven by significant growth in datacenter and edge revenues due to AI demand. The company maintains a positive outlook with strong guidance for Q3 fiscal 2026 and impressive short-term price upside, making it a compelling "Strong Buy" according to Zacks.
Sandisk (SNDK) stock slides in early trade — why it’s moving and what traders watch next
Sandisk (SNDK) stock experienced a significant drop in early trading, falling 6.7% to $557.88, alongside other memory and chip stocks. This slide follows a period of volatile trading, despite the company's strong Q2 results and raised Q3 guidance, driven by demand from AI data centers. Investors are now closely watching upcoming U.S. economic data for signals on interest rates, which could impact the tech sector.
Goldman Named The Issue That’s Pushing SanDisk Stock to the Moon
SanDisk Corp. (NASDAQ: SNDK) stock has seen an extraordinary 1,561% increase in 12 months, driven by the severe global shortage of high-bandwidth memory (HBM) chips crucial for AI infrastructure. Goldman Sachs identified this "great memory crunch" as a significant factor, with HBM supply not expected to ease until 2028 at the earliest. SanDisk's Q2 revenues hit $3 billion (up 61% YoY) and earnings surged to $6.20 per share (a 5x increase), forecasting continued growth due to insatiable AI demand.
Sandisk stock rises in early trade as rally cools from record high
Sandisk shares rose by 4.4% to $601.55 in early trading, rebounding after a turbulent week that saw the stock drop over 20% from a recent peak due to profit-taking following an AI-driven rally. The company's role as a bellwether for the "AI storage" sector means its performance reflects investor sentiment on AI-related demand, with tight NAND flash memory supply and upcoming analyst updates influencing its trajectory. Investors are now closely watching for further analyst insights and clues on enterprise storage orders ahead of Sandisk's earnings report in May.
Sandisk Shares Rise Over 7% Following Key Trading Signal
SanDisk (NASDAQ: SNDK) shares rose over 7% following a "Power Inflow" signal on February 5th, indicating a strong trend toward buying activity. The signal, generated by TradePulse, was triggered at $571.47 and led to the stock reaching an intraday high of $614.00, demonstrating the potential for order flow analytics to identify bullish momentum and opportune entry points for traders. This occurred after a significant drop in stock price, highlighting the signal's ability to alert traders to a possible reversal.
Sandisk's Swings Are Getting Bigger-Here's How to Play Them
Sandisk Corporation (NASDAQ: SNDK) has entered a new phase of volatile price action, with significant intraday swings following impressive gains in early 2026. Despite this volatility, the company's strong fundamentals, driven by AI exposure and high margins, make it an attractive growth story. Investors are presented with two strategies to navigate these swings: patiently waiting for pullbacks or building a smaller position now and adding during dips, acknowledging analysts' high price targets and the stock's long-term potential.
Should You Invest in Sandisk Stock Post Its Q2 Earnings Release?
Sandisk Corporation (SNDK) shares have surged 8.4% after its Q2 fiscal 2026 earnings, driven by a 61% year-over-year revenue growth to $3.03 billion due to robust datacenter demand and improved pricing. The company reported EPS of $6.20, significantly beating estimates, and its stock has outperformed competitors and the sector. Sandisk continues to benefit from strong datacenter and edge growth, strategic partnerships, and an attractive valuation, despite recent price appreciation, leading to a Zacks Rank #1 (Strong Buy) rating.
Sandisk Spin Off Puts AI Data Center NAND Strategy In Focus
SanDisk has spun off from Western Digital, independently focusing on high-capacity SSDs and NAND for AI data centers. The company has extended its joint venture with Kioxia until 2034, securing long-term NAND supply crucial for scaling AI workloads. This strategic refocus and supply security are key for investors, linking Sandisk's future directly to the growing demand for AI infrastructure.
Sandisk stock sinks about 16% as AI-linked tech selloff bites; SNDK in focus
Sandisk Corp (SNDK.O) shares dropped approximately 16% to $584.85 on Wednesday as traders scaled back investments in AI-linked tech stocks amid growing skepticism over high valuations. This decline follows a significant surge just two sessions prior, fueled by AI optimism. Despite strong fundamentals and a recent positive forecast for Q3 earnings and revenue, the stock's volatility is expected to continue if investors withdraw from high-priced AI winners.
SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand
SanDisk Corp (SNDK) shares dropped 11% to $617.88, erasing some gains from a recent rally despite several analysts setting price targets between $750 and $1,000, driven by the strong demand for NAND flash memory for AI applications. The company reported robust Q2 revenue of $3.03 billion and projects Q3 revenue between $4.4 billion and $4.8 billion, with adjusted EPS between $12 and $14, indicating strong market demand momentum. However, the article cautions that the flash memory market remains cyclical and sensitive to cloud spending and supply/demand dynamics.
SanDisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
The article discusses SanDisk's significant rally, driven by an "unprecedented" quarter. Despite challenges in the broader tech sector, SanDisk's performance indicates strong market demand or strategic advantages that are contributing to its sustained growth.
Jim Cramer on Sandisk: "Maybe There's More Here"
Jim Cramer highlighted SanDisk Corporation (NASDAQ: SNDK) as a top performer among S&P 500 stocks, noting its exceptional January surge of 143% and its status as the best performer in 2025. This comes after a significant upside surprise in its latest earnings report, with $6.20 EPS against an expected $3.62, and a projected $12-14 EPS for fiscal year 2026 compared to analysts' $5.11. Cramer suggests there might be further upside for the stock given these strong results, although the article also points to potentially higher upside with less risk in certain AI stocks.
Up 1,500%, Should You Buy Sandisk Right Now?
Sandisk (SNDK) has seen a staggering 1,500% increase in its stock price since spinning off from Western Digital in February 2025, largely due to its crucial role in providing storage hardware for AI training. Despite impressive Q2 2026 financial results, including a 61% revenue increase and surging EPS, the author advises against buying the stock currently, citing its high valuation and the already priced-in growth, which could lead to sharp drops if expectations aren't perfectly met.
Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034
Kioxia and Sandisk have extended their joint venture agreements for the Yokkaichi Plant through December 31, 2034, a five-year extension from its original expiration. This partnership, now spanning over 25 years, focuses on leveraging AI-enabled smart manufacturing and economies of scale for stable production of advanced 3D flash memory. Under the renewed agreement, Sandisk will pay Kioxia $1.165 billion in installments from 2026 to 2029 for manufacturing services and continued supply.
Analysts Offer Insights on Technology Companies: SAP AG (SAP) and SanDisk Corp (SNDK)
Barclays analysts provided ratings for SAP AG and SanDisk Corp in late January. SAP AG received a Buy rating with a $283.00 price target from Raimo Lenschow, and an overall Strong Buy consensus. SanDisk Corp was maintained at a Hold rating with a $750.00 price target by Thomas O’Malley, holding a Strong Buy consensus despite a recent downgrade.
Sandisk (SNDK) Soars as Berstein Hikes PT by 72%
Sandisk Corporation (SNDK) saw its stock price surge by 15.44% after Bernstein raised its price target by 72% to $1,000, reaffirming an "outperform" rating. This upgrade follows Sandisk's impressive Q2 fiscal year 2026 results, which included a 672% net income expansion and 61% revenue growth driven significantly by the Edge segment and AI infrastructure demand. The company anticipates strong revenue growth for Q3 as well.
U.S. Chess Champion Makes Stellar 54% Return on SanDisk Stock (SNDK)
U.S. chess champion Hikaru Nakamura achieved a 54% return by investing in SanDisk Corp (SNDK) stock within his TipRanks portfolio. He purchased 30 shares for $337.26 each on January 6 and closed his position on January 29, coinciding with SanDisk reporting strong Q2 results driven by AI demand. TipRanks has partnered with Nakamura to create a "Stream Portfolio" that fans can track and contribute to.
SanDisk stocks rockets another 16% today: why analyst see further upside ahead
SanDisk Corp. shares surged another 16% today, building on a dramatic rally driven by stronger-than-expected Q2 2026 results and an increasingly bullish outlook from Wall Street analysts. The company beat revenue and EPS forecasts significantly, guiding for a strong Q3, which has led analysts like Barclays and Bernstein to raise their price targets, citing a robust flash memory market with strong pricing dynamics. This performance reflects renewed confidence in SanDisk's earnings power and a potential sustained period of elevated margins.
SNDK Shares Have Climbed 143% In The Past Month — How Much More Upside Does The Street See?
SanDisk Corp. (SNDK) shares surged over 16% on Monday after the company reported strong second-quarter 2026 results, with revenue of $3.03 billion and adjusted EPS of $6.20, significantly beating street estimates. Several analysts, including Barclays, Bernstein, Bank of America, Cantor Fitzgerald, and Goldman Sachs, raised their price targets on SNDK, citing strong earnings, tight NAND supply, and accelerating demand. With SNDK stock up 143% in the last month and a staggering 1,756% in the past year, some analysts predict further upside, with Bernstein seeing a potential 50% increase from current levels.
SanDisk sees a 40% gain over five sessions
SanDisk, a prominent flash memory maker, experienced a significant 40% stock gain over five trading sessions. This surge indicates strong investor confidence or positive market developments for the company.
Sandisk sees 40% gain over five sessions (SNDK:NASDAQ)
SanDisk Corp. (SNDK) has experienced a significant surge, gaining approximately 40% over the last five trading sessions and an astounding 176.6% year-to-date. In the past month, the stock climbed nearly 150%, and over the last six months, it has increased by more than 1,440%. This rapid growth highlights a strong positive trend for the company's stock.
SanDisk stock price target raised to $1,000 by Bernstein on strong earnings
Bernstein SocGen Group has raised its price target for SanDisk (NASDAQ:SNDK) to $1,000 from $580, maintaining an Outperform rating after the company's strong second-quarter earnings. SanDisk reported revenue of $3.0 billion, a 31% year-over-year increase, and non-GAAP EPS of $6.20, significantly exceeding analyst estimates. This positive outlook is supported by a strong pricing environment and substantial increases in fiscal year 2026 and 2027 EPS estimates by Bernstein.
SanDisk Corp (SNDK) Shares Up 13.67% on Feb 2
Shares of SanDisk Corp (SNDK) surged 13.67% in mid-day trading on February 2nd, reaching an intraday high of $663.67 before settling at $655.00. The stock is currently 3.21% below its 52-week high and significantly above its 52-week low. Wall Street analysts have an average target price of $552.13 for SNDK, with a consensus "Outperform" recommendation.
SanDisk, UnitedHealth, Meta Platforms And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week
This article highlights five stocks — Microsoft, SanDisk, Meta Platforms, Apple, and UnitedHealth — that garnered significant investor attention on social media platforms like X and Reddit this week. Retail investor interest was driven by recent earnings reports, AI advancements, and other corporate announcements. The piece details each company's performance, key financial figures, and investor sentiment.
Sandisk (SNDK) Jumps to All-Time High as Profit Soars 672%
SanDisk Corp. (NASDAQ:SNDK) reached an all-time high after reporting a 672% surge in net income for the second quarter of fiscal year 2026, reaching $803 million. This significant growth was fueled by strong demand for its storage products, particularly driven by the artificial intelligence sector. The company's revenues also jumped by 61% to $3.025 billion, with the Edge segment being the primary contributor.
Sandisk Corp SEC 10-Q Report
Sandisk Corp has released its Q1 2026 10-Q report, demonstrating strong financial performance with significant revenue and profit growth driven by its Edge and Consumer markets. The company reported $3,025 million in net revenue and $803 million in net income, with a focus on geographic growth in Asia and continued expansion in flash storage solutions. Future outlook anticipates ongoing growth in key markets and optimized production efficiency.
SanDisk’s 1,700% rally keeps going after ‘unprecedented’ quarter
This article reports on SanDisk's significant stock rally, which includes an "unprecedented" quarter. The rally continues to extend, showcasing strong market performance. Further details regarding the factors behind this growth would be in the full article.
SanDisk Corp (SNDK) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Growth
SanDisk Corp (SNDK) reported record revenues of $3 billion in Q2 2026, marking a 31% sequential and 61% year-over-year increase, with Non-GAAP EPS reaching $6.20. The company saw strong growth in its data center segment, driven by AI infrastructure demand, and successfully extended its joint venture with KyoA through 2034. Despite these positive results, SanDisk faces challenges including supply constraints, intense market competition, and the need for significant R&D and capital investment to navigate the evolving AI-driven market.
Mizuho Raises SanDisk (SNDK) PT, Cites Massive NAND Pricing Tailwinds, AI Demand
Mizuho raised its price target for SanDisk (SNDK) to $600 from $410 with an Outperform rating, citing massive NAND pricing tailwinds and accelerating AI demand. The firm anticipates no new NAND wafer capacity in 2026 or 2027 while demand expands over 20%, leading to significant annualized NAND pricing increases. Morgan Stanley also raised its price target, highlighting exceptional NAND fundamentals driven by enterprise SSDs and tightening consumer markets.
SanDisk Stock Is Trending Overnight: Here's What You Should Know
SanDisk (NASDAQ: SNDK) shares experienced a significant overnight surge of 22.38% after reporting strong second-quarter fiscal 2026 earnings and announcing an extension of its joint venture with Kioxia Corp. The company's revenue climbed 31% quarter-over-quarter, and non-GAAP diluted EPS reached $6.20. SanDisk also provided robust Q3 guidance, projecting revenue between $4.4 billion and $4.8 billion.
Why Did SanDisk Stock Rally Over 17% After-Hours Today?
SanDisk's stock surged over 17% after-hours due to second-quarter results and a Q3 outlook that significantly surpassed Wall Street estimates. The company's revenue forecast for Q3 was 60% higher and profit target 150% higher than consensus, driven by burgeoning demand from AI data centers. This strong performance solidified SanDisk's position as a standout performer in the memory chip market, with its shares having gained approximately 1,350% in the past year.
Closing Bell Movers: Apple reverse post-earnings gains; Sandisk rallies
U.S. equity futures are slipping in the evening session, with S&P e-minis and Nasdaq 100 contracts slightly down. While precious metals like gold and silver are up, crude oil remains above $65 a barrel after a three-day rally. Post-earnings, Apple's initial 3% jump was pared to less than 1%, while Sandisk saw a significant rally, and KLA Corp experienced a sharp decline.
SanDisk Corp. (NASDAQ:SNDK) Soars on Stellar Q2 Earnings and Explosive Guidance
SanDisk Corp. (NASDAQ:SNDK) reported stellar Q2 2026 earnings, significantly surpassing analyst expectations with $3.025 billion in revenue and $6.20 non-GAAP EPS. The company's stock jumped 14.8% in after-hours trading due to strong demand from enterprise and data center customers, particularly in the datacenter segment which saw a 76% year-over-year increase. SanDisk also provided exceptionally strong guidance for Q3 2026, projecting revenue of $4.4 to $4.8 billion and non-GAAP EPS of $12.00 to $14.00, demonstrating a robust recovery and positive outlook for its standalone flash memory business.
Sandisk Profit, Revenue Jump on AI Demand
Sandisk reported a significant jump in profit and revenue for its fiscal second quarter, driven by increasing demand for memory technology fueled by artificial intelligence. The data storage technology company posted a profit of $803 million, up from $104 million a year earlier, with revenue rising to $3.03 billion. Despite these strong results, Sandisk's CFO noted that demand continues to outpace supply, a trend expected to persist into 2026.
Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034
Kioxia Corporation and Sandisk Corporation have extended their joint venture agreement for the Yokkaichi Plant through December 31, 2034, a five-year extension from its original expiration. This strategic partnership, which also includes the Kitakami Plant, reinforces their collaboration in advanced 3D flash memory manufacturing, crucial for generative AI applications. Sandisk will pay Kioxia $1.165 billion for manufacturing services and continued supply, with payments spread from 2026 to 2029.
Sandisk Corp. Reveals Rise In Q2 Income
Sandisk Corp. (SNDK) announced a significant rise in its second-quarter earnings, with net income surging to $803 million, or $5.15 per share, compared to $104 million, or $0.72 per share, in the prior year. Excluding certain items, adjusted earnings reached $967 million or $6.20 per share. The company's revenue also saw a substantial increase of 61.5% to $3.02 billion from $1.87 billion year-over-year.
Sandisk Heads Into Earnings as AI Demand Lifts Outlook -- Barrons.com
This article from Barrons.com discusses Sandisk's upcoming earnings report, highlighting that the company's outlook is being positively influenced by the growing demand for AI technology. The increasing need for high-performance storage solutions, such as those provided by Sandisk, is expected to be a key driver for its financial performance.
SanDisk Corp Options Spot-On: On January 28th, 112.87K Contracts Were Traded, With 267.45K Open Interest
On January 28th, SanDisk Corp (SNDK.US) saw significant options trading activity, with 112.87K contracts traded. Call options comprised 58.79% of the total, while put options accounted for 41.21%. The open interest for SanDisk Corp reached approximately 267.45K contracts, which is 128.23% higher than the 30-day average, indicating substantial investor interest.
What's Going On With SanDisk Shares?
SanDisk (SNDK) shares have surged over 170% in the last three months, driven by increased demand for storage solutions due to the AI frenzy, leading to rapidly rising NAND prices. The company's EPS and revenue outlooks are notably bullish, earning it a Zacks Rank #1 (Strong Buy), with significant sales and EPS growth projected for the current fiscal year. Investors anticipate increased volatility around its upcoming earnings release, but its valuation multiples are not considered stretched despite the recent gains.
Bernstein Maintains SanDisk Corp(SNDK.US) With Buy Rating, Maintains Target Price $580
Bernstein analyst Mark Newman has reiterated a "Buy" rating for SanDisk Corp (SNDK.US) and maintained a target price of $580. Newman's recommendations have shown a 60.0% success rate and an average return of 23.0% over the past year, according to TipRanks data. This information is intended for informational purposes only and does not constitute investment advice.
