Sandisk Stock Is Up More Than 5,900% Since It Spun Off From Western Digital. Is It Too Late to Buy?

Sandisk has surged nearly 6,000% since its February 2025 spinoff from Western Digital, driven by AI data center demand for NAND flash memory and SSDs. While 86% of analysts rate it a buy, the average price target of $1,863 suggests shares are slightly overbought at current levels with a forward P/E above 33. The article recommends dollar-cost averaging rather than chasing momentum.