Sandisk Stock Is Up Nearly 635% in 2026. Can It Still Go Higher?

Sandisk stock has surged 635% year-to-date in 2026, driven by massive demand for NAND memory in data center SSDs needed for AI training and inference. With supply constraints expected to persist beyond 2027 and the stock's valuation now at a reasonable 9.3x forward earnings, analysts suggest it could continue rising as data center buildouts accelerate.