Most of Sandisk’s run came after the stock bottomed at $27.89 in April 2025 — barely 14 months ago.

Wall Street Is Now In Love With Memory Stocks

Sandisk rose as much as 6% Monday to a record near $2,100, after Western Digital surged 14% to its own all-time high. A wave of Wall Street target increases on Western Digital — JPMorgan to $650 from $530, Wells Fargo to $575, Bank of America to $610 — lit up the entire storage complex.

Sandisk has rallied 28% over the past three sessions, its sharpest three-day run since early January.

The rally rests on a physical shortage.

Most people know Sandisk from memory cards and USB sticks. The same flash technology now fills the storage racks…

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