Sandisk Corporation
SNDK · Nasdaq
- $1,633.35
- $227.24B
- Open
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- $0.00 - $0.00
- $82.28 - $2,354.39
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- 9.59M
About Sandisk Corporation
SanDisk sells NAND flash memory and storage products, positioning the company within the data-storage and AI infrastructure markets. It makes money by selling those storage products and components, although the supplied evidence does not provide segment revenue contributions, product mix, customer names, or geographic exposure. The company reported FY2027 revenue of $20.2 billion and net income of $11.4 billion, compared with FY2025 revenue of $7.4 billion and a $1.6 billion net loss. The evidence therefore indicates a sharply larger and more profitable business, but does not quantify how much of that scale comes from individual segments or customer groups.
Notable Price Movement
- Sep 7-11$1,633.356.13%
Sandisk rose 10.93%, or $171.29, from $1,566.70 to $1,737.99 over the supplied window. The move was concentrated in Friday’s session, when the stock jumped 11.90% from $1,554.99 to $1,740.00 on 16.6 million shares, after modest declines on Tuesday and little change on Wednesday and Thursday. It then gave back only $2.01 on the next reported close. The evidence does not identify a company-specific announcement, earnings release, contract, or guidance change driving the surge. Instead, coverage linked the broader move to enthusiasm for AI-related storage demand, while separate reports described profit-taking in storage stocks after a large prior run. SanDisk therefore outperformed on sector momentum rather than a documented new corporate catalyst.
- Aug 31 - Sep 4$1,740.0017.17%
Sandisk rose $70.04, or 4.72%, over the week to $1,554.99. The advance was concentrated on Monday, when the stock jumped to $1,566.70 on volume of 23.4 million shares, before giving back part of that gain on Tuesday and then stabilizing with modest increases on Wednesday and Thursday. The supplied evidence does not identify a company-specific announcement during the week. Instead, coverage points to sector enthusiasm around accelerating NAND pricing, stronger AI-related memory demand, and bullish earnings revisions, with Micron also rising in the cited trading coverage. Lynx Research’s positive view and broader discussion of Sandisk’s post-earnings momentum likely reinforced sentiment, while the announced Citi and Goldman Sachs presentations were upcoming rather than events during the week.
- Aug 24-28$1,484.986.96%
Sandisk fell 6.96% over the week, from $1,596.08 to $1,484.98. The stock dropped sharply on Monday to $1,493.12 on nearly 14.0 million shares and slipped again Tuesday, with no clearly identified company-specific catalyst in the supplied evidence. It rebounded 1.25% Wednesday as Nvidia-driven AI optimism lifted semiconductor stocks, but gave back most of that gain Thursday and finished essentially flat Friday. Kioxia’s Thursday announcement of more than $31 billion of planned investment with Sandisk in Japan through 2032, subject to government support, did not prevent the decline. Broader trading was mixed around expectations for Fed Chair Warsh, while crude-related moves in bond yields also influenced the market.
- Aug 10-14$1,641.1135.38%
Sandisk fell 3.89% over the supplied interval, from $1,288.03 to $1,237.92. The stock initially surged 10.82% on August 4, as Investor Day coverage highlighted a bullish growth outlook, an AI-related flash opportunity, a margin-overhaul plan and potential cash returns; JPMorgan also upgraded the shares. That gain reversed sharply over the next three sessions, including a decline after coverage emphasized management’s warning that margins would fall. The stock closed at $1,212.21 on August 7 before rebounding 2.12% on August 10. The reversal indicates that enthusiasm over longer-term demand and capital allocation was outweighed during most of the period by concerns about near-term profitability and the stock’s volatility.
- Aug 3-7$1,212.210.22%
Sandisk rose $331.52, or 30.25%, from $1,096.10 to $1,427.62 over the week. Trading was volatile: the stock fell to $1,015.89 on July 29 before rebounding 26% on July 30, then consolidated on July 31 and advanced again on August 3-4. The main company-specific catalyst was coverage that Sandisk and SK Hynix are collaborating to promote High Bandwidth Flash, reinforcing expectations for an AI-memory opportunity. Broader memory optimism, including persistent DRAM supply-demand imbalance commentary and favorable Apple-related demand implications, added support. Strong technology-market momentum also mattered: the Nasdaq 100 rose 3.32% and the S&P 500 gained 1.79% on August 4.
