Acum 27 min
Why Is SanDisk (SNDK) Stock Up Today? $1,350 Target and AI Memory Supercycle Spark 8.1% Rally
SanDisk Corp (SNDK) shares vaulted past the four-digit mark on April 27, 2026, closing up 8.11% at $1,070.20. The stock’s historic run continues to defy gravity, with shares now up over 3,000% in the past year. The latest leg of the rally was ignited by a high-conviction Buy initiation from Melius Research, which argued that the AI-driven memory cycle could persist through the end of the decade, effectively re-rating the stock from a cyclical commodity play to a structural AI powerhouse.