SanDisk Stock Surges to All-Time High Amid Earnings Anticipation and Analyst Upgrades

SanDisk (SNDK) is trading up 5.18% at $506.38 as investors anticipate strong Q2 FY2026 earnings, fueled by growth in AI-driven data center SSDs and positive analyst upgrades.

• Q2 FY2026 earnings, expected January 29, project $2.68B in revenue and $3.58 EPS, driven by edge pricing hikes and consumer recovery.
• Mizuho raised its price target to $600 with an Outperform rating, following a similar target hike by Morgan Stanley.
• Trader interest is amplified by the launch of a new 2X Long SNDK Daily ETF following the Western Digital spin-off.