17h ago
Why Is SanDisk (SNDK) Stock Up Today? $2,000 Target and NBM Model Spark 8.3% Rally
SanDisk Corp (SNDK) shares vaulted to a record close of $1,187.00 on May 1, 2026, gaining 8.25% in a single session. The rally capped off an explosive week for the memory giant, which has seen its stock price surge over 3,300% in the last 12 months. The primary catalyst was a "triple-beat" fiscal Q3 earnings report that shattered Wall Street estimates, combined with the unveiling of a revolutionary "New Business Model" (NBM) that analysts believe will permanently break the industry's historical boom-and-bust cycle.