Sandisk (SNDK) Soars to All-Time High on Price Target Upgrades

We recently published 10 Stocks Stealing Today’s Spotlight; 5 on All-Time Highs. Sandisk Corp. (NASDAQ:SNDK) is one of the best performers on Wednesday.

Sandisk rallied to a new all-time high on Wednesday, as investors took heart from a price target upgrade from three investment companies, while cheering the softening trade tensions between the US and China.

In intra-day trading, Sandisk Corp. (NASDAQ:SNDK) rallied to its highest 52-week price of $144.55 before ending the day up by 13.36 percent at $144.30 apiece.

Of the three analyses released earlier this week, Goldman Sachs gave the most bullish stance, raising its price target by 154 percent to $140 from $55 previously, while maintaining a “buy” recommendation.

Citigroup, for its part, raised its price target by 30 percent to $150 from $115 previously, similarly giving a “buy” recommendation.

Meanwhile, Wells Fargo increased its price target for Sandisk Corp. (NASDAQ:SNDK) by 130 percent to $115 from $50 previously, but was only “equal weight” on the stock.

In other news, Sandisk Corp. (NASDAQ:SNDK) was scheduled to announce the results of its first quarter earnings performance for the fiscal year 2026 on November 6, 2025.

While we acknowledge the potential of SNDK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.