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SanDisk Corporation / SNDK
Archive-backed market intelligence for SNDK: every HIPERWIRE mover article tied to this asset, plus a client-refreshed live market panel.
SNDK tracks the value of 1 share of common stock in Sandisk Corporation. Sandisk develops and manufactures flash memory storage solutions used in consumer electronics, enterprise systems, and data infrastructure.
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SNDK Holds $1,192 as Goldman Sachs Doubles Its Target From $700 to $1,200
Goldman Sachs joined the SNDK upgrade parade by nearly doubling its price target to $1,200 from $700, capitulating on what had been one of the last meaningfully cautious sell-side notes on Sandisk. The HIP-3 perp on xyz:SNDK ran +8.68% over 24h to $1,192 after a Friday session that opened down roughly 5% and closed up around 8%. The trigger underneath the rerating: Sandisk's own Q3 print plus Seagate's April 28 quarter, where record gross margins on +44% YoY revenue effectively ratified the AI-storage thesis across the NAND and HDD complex.
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SNDK Holds $1,192 as Goldman Sachs Doubles Its Target From $700 to $1,200
Goldman Sachs joined the SNDK upgrade parade by nearly doubling its price target to $1,200 from $700, capitulating on what had been one of the last meaningfully cautious sell-side notes on Sandisk. The HIP-3 perp on xyz:SNDK ran +8.68% over 24h to $1,192 after a Friday session that opened down roughly 5% and closed up around 8%. The trigger underneath the rerating: Sandisk's own Q3 print plus Seagate's April 28 quarter, where record gross margins on +44% YoY revenue effectively ratified the AI-storage thesis across the NAND and HDD complex.
SNDK Pushes to $1,190 as Cantor Goes to $1,800 and Bernstein to $1,700
The analyst tape that already looked aggressive after Sandisk's Q3 print is getting reset higher. Cantor Fitzgerald lifted its target to $1,800 from $1,400 on pricing strength, Bernstein moved to $1,700 from $1,250, and Wells Fargo went to $975 from $675 under a note titled "we've clearly missed Sandisk." The HIP-3 perp on xyz:SNDK ran +17.52% over 24h to $1,190 as the desk reprices a contract stack that now carries over $11 billion in customer financial guarantees and at least $42 billion in committed multi-year revenue.
SNDK Erases Its Q3 Fade in One Session as Cantor Hikes Its Target to $1,400
Sandisk's post-earnings fade got reclaimed in a single session. The HIP-3 perp ran from $1,020 back to $1,175, up 16.91% over 21h, as Cantor Fitzgerald lifted its price target to $1,400 and Morgan Stanley to $1,100, and the rest of the sell side caught up to a Q4 guide that calls for $30 to $33 in non-GAAP EPS against a Street near $22. Five new multi-year supply agreements now carry over $11 billion in committed customer financial guarantees, and management quietly nudged its calendar-2026 datacenter growth view to the mid-70s percent from the 60s percent.
SNDK Fades 8.4% on a Q3 Blowout as Profit-Takers Hit a 3,300% Run
Sandisk crushed fiscal Q3 with $5.95B in revenue at 251% YoY growth, $23.41 in non-GAAP EPS against a $14.36 consensus, GAAP gross margin of 78.4%, a Q4 EPS guide of $30-$33 against a Street near $22, and a fresh $6B buyback authorization. Shares still faded 8.36% on the HIP-3 perp to $1,020. The setup reads as profit-taking on a name up over 3,300% in 12 months, not a tape pricing weak fundamentals.
SNDK Bounces 8.8% on Seagate's AI Storage Blowout, One Day Before Q3 Earnings
SNDK is up 8.81% to $1,083 after Seagate dropped a fiscal Q3 print that reset the entire storage sector's AI narrative. STX delivered $4.10 in non-GAAP EPS versus $3.48 expected, $3.1B in revenue at 44% year-over-year growth, and June-quarter EPS guidance of $5 against a Street looking for less than $4. The read-through to NAND is direct: hyperscaler storage demand is structural, not transitory. SanDisk reports its own fiscal Q3 tomorrow into a setup where Morgan Stanley, BofA, Evercore, Bernstein, and Melius now all sit between $1,080 and $1,350.
SNDK Fades the OpenAI Revenue Miss Two Days Before Q3 Earnings
SNDK is down 5.88% to $1015 after a Wall Street Journal report that OpenAI has missed its own internal user and revenue targets dragged every OpenAI-adjacent name lower on Tuesday. The stock hit an all-time high the prior session on Melius Research's Buy initiation at a $1,350 price target, and is now giving back a chunk of that gain heading into fiscal Q3 earnings on April 30. Memory peers got tagged in the same tape, with Micron off 5.6%, Oracle 4%, and CoreWeave 6%. The macro story is doing the work today, not anything specific to SanDisk.
SanDisk Rides Intel's Blowout Quarter Into Its Own Earnings Week
SNDK is up 6.4% to $996 as Intel's Q1 beat detonated under the semiconductor tape overnight and dragged every memory-adjacent name higher. GF Securities layered a $1,277 Buy rating on top yesterday, and SanDisk's own fiscal Q3 print lands April 30 with consensus sitting at $14.55 EPS versus a loss a year ago. The story is still NAND pricing and AI memory demand, but today the catalyst is Intel, not Sandisk.
SanDisk Gives Back Monday's Rally as Traders Fade the Nasdaq-100 Inclusion
SanDisk dropped 5% on April 14 after rallying 12% the prior session to an all-time high of $989.55. The reversal came on no negative news. Traders appear to be front-running the sell-the-news on Nasdaq-100 inclusion, effective April 20, with the forced index buying that powered the short squeeze nearing its expiration date.
SanDisk Bears Publish the Counterargument as the Stock Tags $989
SanDisk's Hyperliquid perp is pulling back from session highs after a 12% spot rally driven by Evercore ISI's $1,200 initiation and Nasdaq-100 inclusion on April 20. The retreat comes as two Seeking Alpha pieces published on April 13 made the bear case — one setting fair value at $569, the other citing NAND cyclicality and speculative HBF technology as reasons to sell a stock that's up 2,700% in a year.
SanDisk Joins the Nasdaq-100 and the Passive Bid Hasn't Even Started Yet
SanDisk is joining the Nasdaq-100 on April 20, replacing Atlassian, and the market is front-running the passive bid. Bernstein raised its price target to a street-high $1,250 the same week, with a blue-sky case at $3,000 if the NAND supercycle holds. The stock IPO'd at $40 fourteen months ago and is now approaching $1,000 with fiscal Q3 earnings due April 30.
Wall Street Kills the TurboQuant Bear Case on SanDisk With One Word: Jevons
SanDisk added another 8.5% as Cantor Fitzgerald named sector peer Micron a top pick and deployed the Jevons Paradox to argue that Google's TurboQuant compression will drive more memory demand, not less. The note triggered a sector-wide bid that pushed SNDK to $690, extending its recovery well past the pre-TurboQuant range. This is now the second major analyst endorsement this week after BofA reiterated its $900 price target, and SanDisk has its fiscal Q3 earnings call set for April 30.
SanDisk Blows Past TurboQuant Recovery as Nanya Deal and NAND Squeeze Harden the Bull Case
SanDisk has extended well beyond a dead-cat bounce. After recovering from last week's 18.5% TurboQuant-driven drawdown, SNDK pushed to $648.5 as a cluster of structural catalysts landed in the same week: a $1 billion strategic investment in Nanya Technology for long-term DRAM supply, the clearing of Western Digital's secondary offering overhang, and a fresh analyst upgrade on the back of gross margins expanding into the mid-to-high 60s. The NAND shortage that underpins all of it now extends into 2027.
SanDisk Snaps Back After TurboQuant Panic as Analysts Call the Selloff an Overreaction
SanDisk recovered 11.83% over 17 hours as the memory sector stabilized following last week's 18.5% drawdown triggered by Google's TurboQuant compression algorithm announcement. Wall Street is closing ranks behind the stock, with Bernstein calling TurboQuant's impact on NAND demand negligible and BofA Securities maintaining a $900 price target. The broader setup remains unchanged: NAND supply for 2026 is sold out and contract prices rose 38% in Q1.
SanDisk Lock-Up Expires as Micron's Capex Bomb Rattles the Memory Trade
Two million insider shares hit the open market on March 20 as SanDisk's 31-day lock-up agreement expired, coinciding with a broader memory sector rotation triggered by Micron's decision to raise capital expenditure guidance above $25 billion. SNDK traded in a wide intraday range between $692 and $780 before settling near $765, effectively flat over 24 hours despite spot volatility that briefly dragged shares below $740.
SanDisk Adds Bloomberg 500 to Its Index Collection as Memory Demand Stays Maxed Out
SanDisk ripped more than 10% on the back of its upcoming Bloomberg 500 index inclusion, effective March 12. The addition triggers another round of passive buying for a stock that has already gained over 1,000% since spinning out of Western Digital a year ago, and the timing lands squarely in a quarter where the entire memory sector is bid on structural NAND supply shortages and AI-driven demand.
SanDisk Jumps 15% as Bloomberg 500 Inclusion Meets a NAND Shortage That Won't Quit
SanDisk ripped 15% over 23 hours as the Bloomberg 500 announced it would add SNDK to the index effective March 12, pulling passive fund flows into a stock already riding a structural NAND flash shortage driven by AI data center buildouts. The move also marks a sector-wide bounce after memory stocks sold off nearly 7% on March 3 over energy price fears.
SanDisk Rips Higher on Bloomberg 500 Inclusion and Memory Sector Rebound
SanDisk jumped over 20% as the memory stock rebounded sharply from last week's selloff, powered by confirmation that SNDK will join the Bloomberg 500 index on March 12. The broader memory sector moved in lockstep, with Micron and Western Digital also posting strong gains. Underneath the index catalyst sits a structural NAND shortage that Nomura says won't ease before 2028.
Sandisk Enters the Bloomberg 500 as NAND Shortage Extends Through 2028
Sandisk is ripping into the Bloomberg 500 index reconstitution date. The March 12 effective date is pulling passive fund demand forward, compounding a broader tech rebound from the energy-scare selloff that hit memory names on March 3. Underneath the index mechanics, the fundamental story keeps getting stronger — NAND undersupply now extends through 2028, and Sandisk just guided Q3 revenue at $4.4–4.8 billion, implying 45–58% sequential growth off an already record quarter.
SNDK Bounces Hard From Iran-War Memory Selloff — Japan Fabs Make the Difference
SanDisk reclaimed 13.6% in 12 hours after last week's 17% drawdown that swept through global memory stocks on Iran-war energy fears. The selloff logic centered on oil disruptions compressing margins at Korean fabs, but SNDK manufactures through Kioxia's joint venture in Japan — a distinction the market is starting to price in ahead of Wednesday's Cantor conference.
SanDisk Drops 9% as Iran Energy Shock Hammers Korean Memory Fabs
SanDisk shed 9% over 15 hours to trade at $523.70, caught in a violent sector-wide selloff after the worst single-day crash in KOSPI history sent shockwaves through global memory stocks. The trigger: Iran's disruption of the Strait of Hormuz and the resulting spike in LNG prices, which directly threaten the operating costs of the South Korean fabs that produce most of the world's NAND flash.
SanDisk Rips 11% as Memory Stocks Snap Back From NVIDIA SRAM Panic
SNDK surged 11.48% over 19 hours on Hyperliquid, pushing to $612.40 after a violent two-day whipsaw driven by fears — and then the dismissal — of NVIDIA's rumored SRAM-based inference chips threatening NAND flash demand. The move overshot the ~6% spot recovery on March 4, with leverage amplifying the bounce on thin perp order books.
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