JPMorgan revamps SanDisk stock with massive price target

$1,000 invested in Sandisk stock at the start of 2026 is now worth

Sandisk (NASDAQ: SNDK) stock closed August 17 at $1,786.85, gaining roughly 28% over the previous five sessions and pushing this year’s gains just shy of 550%.  Looking at the numbers, January investors are sitting on some serious profits, as Sandisk has become the best-performing S&P 500 stock in 2026. Indeed, a $1,000 investment in the memory giant on January 2, the first session of the year when the shares were trading at $275, would be worth…

JPMorgan revamps SanDisk stock with massive price target

I covered SanDisk's Investor Day Aug. 14, when the company revealed a long-term financial framework calling for 80% gross margins, 75% operating margins, and 100% excess cash return to shareholders. The market responded with a 13.67% single-session surge followed by…