Where Will Sandisk Stock Be in 3 Years?
Yahoo Finance ·
Things are going very well for Sandisk ( SNDK +0.10% ) and its shareholders. Soaring demand for memory from AI data centers has caused a shortage, driving memory prices much higher. Sandisk's sales and earnings have skyrocketed as a result, sending the stock up 2,900% over the past year. Yes, you read that correctly: 2,900%. While there's likely more growth ahead for the stock as memory demand and prices continue to rise, it's unlikely that returns over the next few years will be anywhere near as impressive as those of the past 12 months. Here's why. I'll say up front that I think Sandisk stock is still worth owning, and that if you're considering buying it right now, it's probably a good idea. Western Digital, which bought it in 2016, spun it back off in early 2025, and Sandisk has operated as an independent, publicly traded company since then.
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