Sandisk Is Up More Than 1,700% in a Year and Still 33% Off Its Peak. History Says This is What Happens Next.

SanDisk (NASDAQ: SNDK) has surged more than 1,700% over roughly a year, but it’s also down about 33% from its recent peak. After Western Digital acquired SanDisk years earlier, the company returned as a standalone business when Western Digital spun it off in early 2025. The stock began trading at $35 per share on Feb. 13, 2025, and as of Sept. 15, 2026, it was trading at $1,552—equivalent to a total return of 4,334% in about 18 months. The article notes Sandisk closed at $2,335 on June 25. Valuation is described as relatively cheap versus expectations, with the stock at 22 times earnings and 7 times forward earnings, alongside strong revenue growth and forecasts including $10.5 billion for fiscal Q1 2027.