SNDK is trading at $413.65 (+6.7%) amid fresh analyst upgrades and optimism surrounding potential NAND price increases.
- RBC Capital initiated coverage today, while Bernstein hiked its target yesterday to $580 citing NAND shortages.
- Reports suggest SanDisk plans to double high-capacity NAND prices in Q1 2026, adding to optimism around AI-driven demand.
- The move is supported by a stronger tech sector recovery pre-market, aligning with broader indices up over 0.5%.