Sandisk

State Street Technology Select Sector SPDR ETF

S&P 500 Tech Sector SPDR (XLK) ETF: A Gauge for Tech Winners and Losers in 2026

Sandisk shares jump 5.47% after-hours as analysts upgrade revenue forecasts and AI-driven demand boosts optimism.

Micron Technology

Top AI Stocks to Buy in February: Micron and Sandisk

Sandisk shares rise 5.56% intraday after analysts upgrade revenue forecasts by 38% and boost price targets.

SanDisk Corporation (SNDK) Revenue Forecast Upgraded by 38%, Analysts Now Expecting 73% Sales Improvement in 2026

Catalyst<ul> <li>Strong bullish signals including Long Lower Shadow and RSI Overbought have occurred multiple times recently, indicating positive momentum.</li> <li>Analysts maintain a favorable outlook with five Strong Buy and four Buy ratings among 11 active analysts.</li></ul>Risk<ul> <li>Fund flow trends are negative, with large and extra-large orders showing outflows, indicating potential selling pressure.</li> <li>Market expectations for SNDK remain relatively neutral, with analyst ratings showing notable differences in opinion.</li></ul>

Key Factors

Sandisk (SNDK) shares surged 5.47% after-hours as analysts upgraded 2026 revenue forecasts by 38% to $15 billion and raised price targets by 62% to $676. SNDK closed at $597.95 with a 3.77% gain, driven by elevated volume and bullish candlestick patterns suggesting a breakout above key resistance levels. Sandisk reported a 61% year-over-year revenue increase to $3.03 billion in Q2, with non-GAAP earnings of $6.20 per share, driven by AI-driven data center demand.

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