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Sandisk Stock Is Up 720% in 2026. Is the Rally Still Worth Chasing?

The legacy memory chipmaker is becoming a high-growth AI stock.

Sandisk Stock Is Up 720% in 2026. Is the Rally Still Worth Chasing?

Sandisk Stock Is Up 720% in 2026. Is the Rally Still Worth Chasing?

Published June 24, 2026 · Category: Finance

Overview

Sandisk (NASDAQ: SNDK), one of the world's largest flash memory chipmakers, was once considered a cyclical stock in a commoditized market. But since its spin-off from Western Digital (NASDAQ: WDC) last February, its stock has surged more than 5,200%.

In 2026 alone, Sandisk's stock has rallied more than 720%. Should investors chase that rally, or should they wait for its stock to cool off? Let's review its growth rates and valuations to decide.

Image source: Getty Images.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.