SNDU is trading 6% up today after SanDisk’s August 13 Investor Day guidance highlighted mid- to high-teens revenue growth, approximately 80% gross margins, and strong AI-driven storage demand through fiscal 2030.
- JPMorgan upgraded SanDisk to Overweight with a $2,250 target; other analysts also raised targets.
- The upgrades support SanDisk and magnify SNDU’s 2x daily exposure.
- Easing September Fed-hike expectations and firm technology-sector sentiment provide additional support.