Why this one-time sleepy tech stock has already exploded 100% in 2026 [Yahoo! Finance Canada]
Sandisk Corporation (SNDK)
Company Research
Source: Yahoo! Finance Canada
Enter Sandisk ( SNDK ), a once-forgotten memory chip player founded in 1988 that has seen its stock skyrocket more than 100% in 2026. The stock price gain over the past year has been an eye-popping 1,200%. The AI capex boom sweeping the US has funneled its way down to Sandisk and rival Micron ( MU ). As AI systems are built for hyperscalers, demand for memory chips has surged. These chips store and move data for AI models, which require large volumes of information to perform at high levels. Sandisk sells data storage devices and solutions based on NAND flash technology. Sandisk Corporation (SNDK) Memory has become one of the tightest parts of the AI supply chain, experts say. "Things have gotten stronger. The market continues to be very dynamic, move very fast. I would say, the big picture, what we're finding that our demand side is very clearly in a position where they value supply over price," Sandisk CEO David Goeckeler said at an investment bank conference in mid-Decem
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SNDK
News
- Sandisk Corporation (SNDK): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Sandisk (NASDAQ:SNDK) had its price target raised by analysts at Citigroup Inc. from $490.00 to $750.00. They now have a "buy" rating on the stock.MarketBeat
- Sandisk (NASDAQ:SNDK) was given a new $1,000.00 price target on by analysts at UBS Group AG.MarketBeat
- Sandisk (NASDAQ:SNDK) was given a new $750.00 price target on by analysts at Barclays PLC.MarketBeat
- Sandisk (NASDAQ:SNDK) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SNDK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
SNDK
Earnings
- 1/29/26 - Beat
SNDK
Sec Filings
- 2/3/26 - Form 144/A
- 2/2/26 - Form 144
- 1/30/26 - Form 10-Q
- SNDK's page on the SEC website