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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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