Sandisk (NASDAQ:SNDK) Shares Up 5.2% – Here’s Why

Sandisk Corporation (NASDAQ:SNDK) shares rose 5.2% on Thursday . The company traded as high as $668.00 and last traded at $630.29. Approximately 23,039,700 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 19,599,945 shares. The stock had previously closed at $599.34.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI-driven memory demand and NAND shortage that underpin SanDisk’s revenue and pricing power; analysts and outlets cite data-center/storage needs as the core fundamental driver. Why SanDisk Stock Skyrocketed: 5 Key Questions Answered
• Positive Sentiment: Memory-sector momentum after Micron’s early HBM4 shipments and broader chip shortages lifted investor enthusiasm across storage names, benefiting SNDK even without new company-specific news. SanDisk (SNDK) Stock Jumps 10% on AI Storage Demand Surge Memory chip stocks: Why Micron and Sandisk are soaring
• Positive Sentiment: Strong recent quarterly results: SanDisk reported a sizable EPS and revenue beat (EPS $6.20 vs $3.31 expected; revenue $3.03B vs $2.67B), with revenue up ~61% YoY — supports the bullish income/earnings story. SanDisk Stock Surges On Memory Shortage Outlook
• Positive Sentiment: Investor and ownership interest has risen as the rally intensified — institutional positioning and headlines about “who owns it” are reinforcing momentum. With SanDisk Stock (SNDK) Up 165%, Let’s Look at Who Owns it
• Neutral Sentiment: Some coverage frames SNDK as a high-growth “Nvidia-like” story for memory — largely speculative hype that can boost flows but increases volatility if expectations slip. Is this memory stock Nvidia of 2026?
• Neutral Sentiment: Multiple outlets note today’s move was mostly sector-led rather than company-specific, so short-term swings may track memory peers and macro/newsflow rather than SanDisk fundamentals alone. Why Is SanDisk Stock (SNDK) Rising Today, 2/12/26?
• Negative Sentiment: Valuation and cyclicality risks: coverage warns the rally has priced in a lot of upside and the memory market is cyclical — a supply ramp or AI demand moderation could cause sharp reversals. Why SanDisk Stock Skyrocketed: 5 Key Questions Answered
• Negative Sentiment: Recent pullbacks (articles flagging the stock being down from a peak) highlight high volatility and that buying at current levels carries elevated risk after a rapid run-up. Down 18% from its recent high, should you buy the dip in SanDisk stock?

Analyst Upgrades and Downgrades

SNDK has been the topic of a number of research reports. Benchmark lifted their price target on shares of Sandisk from $260.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Sanford C. Bernstein upped their price target on Sandisk from $300.00 to $580.00 and gave the company an “outperform” rating in a research report on Wednesday, January 14th. Wells Fargo & Company lifted their price objective on Sandisk from $230.00 to $380.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Wall Street Zen upgraded shares of Sandisk from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Finally, Morgan Stanley set a $690.00 price objective on shares of Sandisk in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sandisk has a consensus rating of “Moderate Buy” and a consensus target price of $542.85.

Sandisk Trading Up 5.2%

The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92. The stock has a market cap of $93.01 billion and a P/E ratio of -83.04. The firm’s fifty day moving average price is $371.53 and its two-hundred day moving average price is $211.12.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $2.89. The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.67 billion. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The company’s quarterly revenue was up 61.2% compared to the same quarter last year.

Insider Transactions at Sandisk

In other Sandisk news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total value of $248,022.94. Following the completion of the transaction, the director owned 3,479 shares of the company’s stock, valued at $678,892.06. The trade was a 26.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Whittier Trust Co. bought a new stake in Sandisk during the fourth quarter worth about $26,000. Chung Wu Investment Group LLC purchased a new position in shares of Sandisk during the fourth quarter worth approximately $27,000. Westfuller Advisors LLC grew its holdings in shares of Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after purchasing an additional 43 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in Sandisk by 137.9% in the fourth quarter. TD Private Client Wealth LLC now owns 138 shares of the data storage provider’s stock worth $33,000 after purchasing an additional 80 shares during the last quarter. Finally, Torren Management LLC bought a new position in shares of Sandisk during the fourth quarter valued at about $37,000.

Sandisk Company Profile

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.