Sandisk stock is ripping because the company most people still file under “camera cards and USB sticks” got spun out of Western Digital on February 24, 2025 and came back to market as a pure-play flash-memory name.
investor.sandisk.com The business case got real on January 29, 2026: Sandisk reported $3.03 billion in fiscal Q2 revenue, up 61% year over year, with datacenter revenue up 76% year over year, and guided fiscal Q3 revenue to $4.4 billion-$4.8 billion.
investor.sandisk.com Then the market-mechanics turbocharger hit: Nasdaq said SNDK joined the Nasdaq-100 before the open on April 20, 2026, and that index is tracked by more than 200 products with over $600 billion in assets.
nasdaq.com Now the story has crossed from finance into spectacle, because Sandisk is quoted around $989.90 on April 27, 2026 and reports say GF Securities just upgraded it to Buy with a $1,277 price target.
seekingalpha.com People care because this is the funniest possible AI plot twist: the dusty SD-card brand became critical AI plumbing on traders’ screens, and the next reality check lands with Sandisk’s fiscal Q3 report on April 30, 2026.
investor.sandisk.com
Play the exact absurdity everyone feels: the junk-drawer memory card just became Wall Street’s feral AI king. ([investor.sandisk.com](https://investor.sandisk.com/news-releases/news-release-details/sandisk-celebrates-nasdaq-listing-after-completing-separation))