Sandisk Share Price Soars 12.53% Amid Q1 Earnings Anticipation AI Demand Surge

The share price rose to its highest level this month, with an intraday gain of 12.53%.

Sandisk’s surge comes ahead of its Q1 earnings report due on Nov. 6, 2025, as analysts raised price targets and optimism grew over AI-driven demand for memory storage. Multiple analysts, including Morgan Stanley’s Joseph Moore and Mizuho’s Vijay Rakesh, upgraded the stock in late October and November, citing strong positioning in NAND flash markets and surging demand from AI applications. The company’s Q4 results in August 2025 exceeded forecasts, reinforcing investor confidence in its ability to navigate supply constraints and maintain pricing power amid heightened demand for high-capacity storage solutions.

Despite a 30-day return of over 61% and a year-to-date gain of 475%, Sandisk’s valuation metrics remain contentious. A price-to-sales ratio of 4.1x exceeds industry averages, raising questions about whether the stock’s rally is sustainable. Analysts note that while AI adoption and supply-side limitations support near-term momentum, risks such as market volatility, competitive pressures, and potential overvaluation could trigger a correction if Q1 results fall short of expectations. The stock’s performance will hinge on its ability to deliver consistent growth in a sector marked by cyclical dynamics and rapid technological shifts.