How SanDisk Stock Gained 320%
SanDisk (SNDK)’s stock skyrocketed over 300%, fueled not just by steady revenue gains but a dramatic shift in investor sentiment. A stellar earnings beat, S&P 500 debut, and buzz around innovation and demand sparked a surge that’s rewriting the playbook. Let’s dig into what lit this fire.
Below is an analytical breakdown of stock movement into key contributing metrics.
| 8282025 | 11262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 50.9 | 215.0 | 322.7% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 6,495.7 | 7,013.0 | 8.0% |
| P/S Multiple | 1.1 | 4.4 | 291.5% |
| Shares Outstanding (Mil) | 145.0 | 145.0 | 0.0% |
| Cumulative Contribution | 322.7% |
So what is happening here? The stock surged 323%, driven by an 8% rise in revenue and a massive 292% boost in its P/S multiple. Let’s explore what events fueled these impressive shifts next.
Here Is Why SanDisk Stock Moved
- Can Sandisk Stock Drop 50%?
- What’s Next For SanDisk Stock After A 3x Surge?
- Market Movers | Winners: VBTX, NBIS, EOSE | Losers: WAT, UP, SNDK
- SanDisk Beats Consensus On Revenue, EPS As Removable Storage Sales Rebound
- SanDisk Earnings Preview: SSD Sales To Continue To Drive Results
- How Has SanDisk’s SSD Division Performed Over The Last Few Years?
- Q1 FY26 Earnings Beat: SanDisk reported strong Q1 FY26 results, beating guidance with 23% YoY sales growth.
- S&P 500 Inclusion: SanDisk announced to join the S&P 500 index on Nov 28, 2025.
- Strong NAND Demand: Surging demand for NAND flash in data centers and AI fueled stock growth.
- Product Innovation: SanDisk introduced a new 1TB USB-C flash drive, sparking market interest.
- Positive Analyst Ratings: Analysts reiterated Buy ratings and boosted price targets for SNDK.
Our Current Assesment Of SNDK Stock
Risk: A solid way to gauge risk with SNDK is to check how much it fell in past market sell-offs. In the Dot-Com crash, it plunged 75%, and during the Global Financial Crisis, it dropped 70%. Even in the 2022 inflation squeeze, the stock fell about 65%. Smaller dips like the 2018 correction and the Covid crash still wiped out over 30% each time. So, even with good fundamentals, SNDK isn’t immune when the market turns sour.
SNDK stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.