Sandisk Stock Is Up More Than 5,900% Since It Spun Off From Western Digital. Is It Too Late to Buy?
Western Digital bought the memory maker in 2016, and spun its flash storage and memory businesses back off in February 2025.
Sandisk Stock Is Up More Than 5,900% Since It Spun Off From Western Digital. Is It Too Late to Buy?
Overview
Sandisk's (NASDAQ: SNDK) incredible journey since its February 2025 spinoff from Western Digital has captured widespread attention from artificial intelligence (AI) investors. Sandisk stock closed its first trading day at around $36. As of market close on Friday, shares were changing hands at $2184.75 -- a gain of close to 6,000%.
While this performance reflects powerful artificial intelligence (AI)-driven tailwinds for the business, it naturally raises the question of whether Sandisk stock is priced to perfection or still has room to run. By evaluating the state of the current memory and storage supercycle, the company's valuation profile, and recent analyst price target revisions, smart investors can gain a clearer picture of whether further meaningful appreciation remains possible.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
