Sandisk's Stock Soars 1500% Amid AI Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy SNDK?
Source: Fool
- Spin-off Success: In February 2025, Sandisk spun off from Western Digital, becoming a standalone public company for the second time, with its stock skyrocketing 1500% by the end of January 2026, yielding substantial profits for early investors.
- AI Demand Surge: As a leading manufacturer of advanced storage devices, Sandisk is capitalizing on the soaring demand driven by AI infrastructure development, allowing the company to significantly raise prices and attract investor interest.
- Impressive Financials: In Q2 FY 2026, Sandisk reported a 61% year-over-year revenue increase to $3.03 billion, exceeding estimates by approximately $360 million, while EPS surged 404% to $6.20, showcasing robust cash flow and profitability.
- Optimistic Outlook: Sandisk projects current quarter revenue between $4.4 billion and $4.8 billion, reflecting a year-over-year growth of approximately 160% to 183%, with EPS expected between $12 and $14, indicating strong growth potential in the AI market.
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Analyst Views on SNDK
Wall Street analysts forecast SNDK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNDK is 283.69 USD with a low forecast of 220.00 USD and a high forecast of 410.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 665.240
Low
220.00
Averages
283.69
High
410.00
Current: 665.240
Low
220.00
Averages
283.69
High
410.00
About SNDK
SanDisk Corporation is a developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology and has consumer brands and franchises globally. The Company's solutions include a range of solid state drives (SSDs) embedded products, removable cards, universal serial bus (USB) drives, and wafers and components. Its broad portfolio of technology and products addresses multiple end markets of cloud, client and consumer. Its cloud end market is comprised primarily of products for public or private cloud environments and enterprise customers. The Company, through the client end market, provides numerous data solutions that it incorporates into its client’s devices, which consist of solid state drive desktop and notebook personal computers, gaming consoles and set top boxes, and flash-based embedded storage products. The Company serves the consumer end market with a portfolio of solid state drives and removable flash, including cards and USB flash drives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sandisk Surpasses Earnings Estimates, Stock Soars
- Strong Earnings Report: Sandisk's Q2 fiscal year 2026 revenue surged 61% year-over-year to $3.03 billion, exceeding estimates by approximately $360 million, indicating robust demand in AI infrastructure development.
- Profitability Surge: The company's earnings per share (EPS) skyrocketed 404% to $6.20, well above the expected $3.54, reflecting significant profitability in a rapidly growing market.
- Optimistic Market Outlook: Sandisk projects current quarter revenue between $4.4 billion and $4.8 billion, representing a year-over-year increase of approximately 160% to 183%, with EPS expected between $12 and $14, showcasing strong growth potential.
- Investment Risk Warning: Despite Sandisk's strong business performance, its current high valuation poses risks for investors, as any results falling short of expectations could lead to sharp stock price fluctuations, prompting analysts to advise caution.
See More
Sandisk's Stock Soars 1500% Amid AI Demand
- Spin-off Success: In February 2025, Sandisk spun off from Western Digital, becoming a standalone public company for the second time, with its stock skyrocketing 1500% by the end of January 2026, yielding substantial profits for early investors.
- AI Demand Surge: As a leading manufacturer of advanced storage devices, Sandisk is capitalizing on the soaring demand driven by AI infrastructure development, allowing the company to significantly raise prices and attract investor interest.
- Impressive Financials: In Q2 FY 2026, Sandisk reported a 61% year-over-year revenue increase to $3.03 billion, exceeding estimates by approximately $360 million, while EPS surged 404% to $6.20, showcasing robust cash flow and profitability.
- Optimistic Outlook: Sandisk projects current quarter revenue between $4.4 billion and $4.8 billion, reflecting a year-over-year growth of approximately 160% to 183%, with EPS expected between $12 and $14, indicating strong growth potential in the AI market.
See More
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- Complete Exit: On February 2, 2026, AIGH Capital Management LLC reported a full exit from its Lumen Technologies stake, selling 2.55 million shares for an estimated $15.61 million, indicating potential concerns about Lumen's future amidst ongoing transformation challenges.
- Stock Performance: As of February 1, 2026, Lumen's stock was priced at $8.82, reflecting a 78.5% increase over the past year, significantly outperforming the S&P 500 by 64.2 percentage points, suggesting market optimism about its strategic pivot despite underlying debt issues.
- Strategic Business Shift: Following the $5.75 billion sale of its mass market fiber business to AT&T, Lumen aims to reinvest in new infrastructure, although the costly nature of this transformation raises questions about its long-term profitability and market positioning.
- Debt Burden Concerns: With over $17.6 billion in long-term debt reported in Q3 2025, Lumen faces significant financial challenges, and while the divestiture may alleviate some pressure, the company's ongoing transformation could complicate its recovery and stock performance outlook.
See More
January's Most Searched Stock Rankings Analysis
- Ranking Changes: In January, iShares Silver Trust, Brand Engagement Network, Intel, and Applied Digital entered the top ten for the first time, indicating a rising market interest in precious metals and tech stocks, which could influence investors' asset allocation strategies.
- iShares Silver Trust Performance: With a current price of $80.65 and a year-to-date return of +22.6%, it narrowly trailed Tesla for second place in January, suggesting increasing investor interest in precious metals that may lead to future capital inflows.
- Tech Stock Dynamics: Meta and Apple rose three and one spots respectively, with current prices of $697.54 and $268.87, reflecting the sustained appeal of large tech stocks in the market, which may affect investors' portfolio choices.
- Market Trend Observation: Despite declines in NVIDIA and Invesco QQQ Trust, the rising interest in Silver ETFs suggests that investors may reassess the value of tech stocks while seeking diversified investments.
See More
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- Market Dynamics: The Dow briefly reached a record high on Tuesday as investors rotated out of tech stocks into consumer goods like PepsiCo and Procter & Gamble, indicating a bifurcated market that could influence future investment strategies.
- Alphabet Outlook: Jim Cramer reiterated that investors should buy Alphabet ahead of its earnings report, expecting the parent company of Google to post “terrific” earnings, which could drive its stock price higher and reflect differing market sentiments towards tech stocks.
- Qnity Investment Opportunity: Cramer labeled Qnity as a stock “you have to own,” predicting significant upside despite its price being just over $100, as he believes it is undervalued compared to peers like Sandisk and Western Digital, particularly due to a supply shortage situation.
- Rapid Recap: Other stocks mentioned by Cramer at the end of the video included PepsiCo, Palantir, Merck, Pfizer, PayPal, and Disney, highlighting a demand for diversified investments that may impact portfolio construction.
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Sandisk Reports Massive Growth in Q4 Earnings
- Significant Revenue Growth: Sandisk's Q2 revenue surged 61% year-over-year to $3 billion, primarily driven by the expansion of AI data centers and increased NAND usage, showcasing the company's strong performance in a rapidly growing market.
- Data Center Revenue Surge: The data center segment saw a remarkable 76% increase in revenue to $440 million, reflecting a skyrocketing demand for high-performance solid-state drives, further solidifying Sandisk's leadership position in the semiconductor industry.
- Gross Margin Improvement: The company's gross margin rose significantly from 32.3% last year to 50.9%, driven by rising NAND prices, which propelled adjusted operating income up 386% to $1.1 billion, indicating robust profitability.
- Optimistic Future Outlook: Sandisk projects Q3 revenue between $4.4 billion and $4.8 billion, with gross margins expected to expand to 64.9% to 66.9%, and adjusted EPS anticipated to turn from a loss of $0.30 to a profit of $12 to $14, signaling continued growth potential.
See More
Sandisk Surpasses Earnings Estimates, Stock Soars
- Strong Earnings Report: Sandisk's Q2 fiscal year 2026 revenue surged 61% year-over-year to $3.03 billion, exceeding estimates by approximately $360 million, indicating robust demand in AI infrastructure development.
- Profitability Surge: The company's earnings per share (EPS) skyrocketed 404% to $6.20, well above the expected $3.54, reflecting significant profitability in a rapidly growing market.
- Optimistic Market Outlook: Sandisk projects current quarter revenue between $4.4 billion and $4.8 billion, representing a year-over-year increase of approximately 160% to 183%, with EPS expected between $12 and $14, showcasing strong growth potential.
- Investment Risk Warning: Despite Sandisk's strong business performance, its current high valuation poses risks for investors, as any results falling short of expectations could lead to sharp stock price fluctuations, prompting analysts to advise caution.
See More
Sandisk's Stock Soars 1500% Amid AI Demand
- Spin-off Success: In February 2025, Sandisk spun off from Western Digital, becoming a standalone public company for the second time, with its stock skyrocketing 1500% by the end of January 2026, yielding substantial profits for early investors.
- AI Demand Surge: As a leading manufacturer of advanced storage devices, Sandisk is capitalizing on the soaring demand driven by AI infrastructure development, allowing the company to significantly raise prices and attract investor interest.
- Impressive Financials: In Q2 FY 2026, Sandisk reported a 61% year-over-year revenue increase to $3.03 billion, exceeding estimates by approximately $360 million, while EPS surged 404% to $6.20, showcasing robust cash flow and profitability.
- Optimistic Outlook: Sandisk projects current quarter revenue between $4.4 billion and $4.8 billion, reflecting a year-over-year growth of approximately 160% to 183%, with EPS expected between $12 and $14, indicating strong growth potential in the AI market.
See More
AIGH Capital Fully Exits Lumen Technologies Stake
- Complete Exit: On February 2, 2026, AIGH Capital Management LLC reported a full exit from its Lumen Technologies stake, selling 2.55 million shares for an estimated $15.61 million, indicating potential concerns about Lumen's future amidst ongoing transformation challenges.
- Stock Performance: As of February 1, 2026, Lumen's stock was priced at $8.82, reflecting a 78.5% increase over the past year, significantly outperforming the S&P 500 by 64.2 percentage points, suggesting market optimism about its strategic pivot despite underlying debt issues.
- Strategic Business Shift: Following the $5.75 billion sale of its mass market fiber business to AT&T, Lumen aims to reinvest in new infrastructure, although the costly nature of this transformation raises questions about its long-term profitability and market positioning.
- Debt Burden Concerns: With over $17.6 billion in long-term debt reported in Q3 2025, Lumen faces significant financial challenges, and while the divestiture may alleviate some pressure, the company's ongoing transformation could complicate its recovery and stock performance outlook.
See More
January's Most Searched Stock Rankings Analysis
- Ranking Changes: In January, iShares Silver Trust, Brand Engagement Network, Intel, and Applied Digital entered the top ten for the first time, indicating a rising market interest in precious metals and tech stocks, which could influence investors' asset allocation strategies.
- iShares Silver Trust Performance: With a current price of $80.65 and a year-to-date return of +22.6%, it narrowly trailed Tesla for second place in January, suggesting increasing investor interest in precious metals that may lead to future capital inflows.
- Tech Stock Dynamics: Meta and Apple rose three and one spots respectively, with current prices of $697.54 and $268.87, reflecting the sustained appeal of large tech stocks in the market, which may affect investors' portfolio choices.
- Market Trend Observation: Despite declines in NVIDIA and Invesco QQQ Trust, the rising interest in Silver ETFs suggests that investors may reassess the value of tech stocks while seeking diversified investments.
See More
Dow Hits Record High as Cramer Backs Alphabet Ahead of Earnings
- Market Dynamics: The Dow briefly reached a record high on Tuesday as investors rotated out of tech stocks into consumer goods like PepsiCo and Procter & Gamble, indicating a bifurcated market that could influence future investment strategies.
- Alphabet Outlook: Jim Cramer reiterated that investors should buy Alphabet ahead of its earnings report, expecting the parent company of Google to post “terrific” earnings, which could drive its stock price higher and reflect differing market sentiments towards tech stocks.
- Qnity Investment Opportunity: Cramer labeled Qnity as a stock “you have to own,” predicting significant upside despite its price being just over $100, as he believes it is undervalued compared to peers like Sandisk and Western Digital, particularly due to a supply shortage situation.
- Rapid Recap: Other stocks mentioned by Cramer at the end of the video included PepsiCo, Palantir, Merck, Pfizer, PayPal, and Disney, highlighting a demand for diversified investments that may impact portfolio construction.
See More
Sandisk Reports Massive Growth in Q4 Earnings
- Significant Revenue Growth: Sandisk's Q2 revenue surged 61% year-over-year to $3 billion, primarily driven by the expansion of AI data centers and increased NAND usage, showcasing the company's strong performance in a rapidly growing market.
- Data Center Revenue Surge: The data center segment saw a remarkable 76% increase in revenue to $440 million, reflecting a skyrocketing demand for high-performance solid-state drives, further solidifying Sandisk's leadership position in the semiconductor industry.
- Gross Margin Improvement: The company's gross margin rose significantly from 32.3% last year to 50.9%, driven by rising NAND prices, which propelled adjusted operating income up 386% to $1.1 billion, indicating robust profitability.
- Optimistic Future Outlook: Sandisk projects Q3 revenue between $4.4 billion and $4.8 billion, with gross margins expected to expand to 64.9% to 66.9%, and adjusted EPS anticipated to turn from a loss of $0.30 to a profit of $12 to $14, signaling continued growth potential.
See More
