Sandisk (SNDK) is trading at all-time highs, up over 745% in the past six months. The stock has a 100% “Buy” opinion from Barchart due to a supply crunch in memory products driven by AI demand. Sandisk, valued at $57 billion, specializes in flash storage products and has seen a 61.34% gain since Dec. 11.

Sandisk hit a new high of $398 on Jan. 13 with a Weighted Alpha of +866.32. The stock maintains its “Buy” signal and has a 50-day moving average of $250.37. Sandisk has made 15 new highs and gained 89.06% in the last month, with an RSI of 77.64 and a technical support level around $380.15.

With a $57 billion market cap and a 32.52x forward P/E ratio, analysts project Sandisk’s earnings to increase by 550% in fiscal 2026 and 110% in fiscal 2027. The stock is rated a “Moderate Buy” with price targets between $220 and $410, and short interest stands at 6.03% of the float.

Sandisk, along with peers like Micron and Western Digital, has been a strong performer in 2025. KeyBanc notes “insatiable data center demand” is creating a supply crunch for NAND and DRAM products. While Sandisk has seen significant gains since its spinoff, caution is advised due to its rapid rise, short trading history, and valuation.

Read more at Yahoo Finance: This Memory Stock Is Up 745% in the Past 6 Months. Is It Unstoppable?