By David Jagielski, CPA
Publication Date: 2026-02-10 00:00:00
Sandisk’s sales and profits are soaring, and so too is the stock.
One of the hottest stocks over the past several months has undoubtedly been Sandisk (SNDK 2.56%). As tech companies have been building out their artificial intelligence capabilities, there’s been a growing need for memory storage. And Sandisk, which spun off from Western Digital last year, has benefited from the surge in demand.
The company provides flash memory storage solutions and has been posting strong numbers and generating impressive returns for its shareholders along the way. With so much hype and excitement around the stock of late, could investing in Sandisk be like investing in Nvidia a few years ago?
Image source: Getty Images.
Sandisk has soared 1,200% in just six months
It hasn’t taken long for Sandisk’s stock to get hot. Over just the past six months, it has delivered incredible returns of more than 1,200% for its shareholders. That means if you invested $8,000 into the stock back then, your investment would now be worth approximately $105,000.
It hasn’t all been hype fueling the stock, however. The tech company has also been posting some truly impressive results. When it released its earnings numbers back in January, Sandisk didn’t just beat expectations, it blew past them. Its adjusted earnings per share of $6.20 (for the period ending Jan. 2) were well above analyst expectations of $3.62. And its revenue of $3.03 billion was far better than estimates of $2.69 billion. On top of that, its…
