SNDK is trading at $484.81 (+2.98%) after Tradr ETFs launched a new 2X leveraged ETF targeting Sandisk shares, capitalizing on surging AI-driven demand for NAND memory and global shortages.
- Morgan Stanley recently raised its price target to $483 from $273, maintaining an Overweight rating.
- The stock was added to Zacks' #1 Strong Buy list following significant 6.9% upward earnings revisions.
- The stock has exploded over 100% in 2026 post-Western Digital spin-off, driven by company-specific catalysts in the hot AI memory trade.