- SNDK is trading 5.3% down at $2,211.12 as the stock undergoes a normal consolidation following a parabolic AI-driven move.
- The pullback follows a nearly 22% gain on June 25, 2026, triggered by Micron’s blowout earnings and renewed enthusiasm for AI memory demand.
- Citi raised its price target for SanDisk to $2,500 from $2,025 today, reaffirming bullish sentiment amid strong AI-driven NAND demand.
🔴 SNDK is trading 5.3% down today despite Citi raising its price target to $2,500, following a sharp AI-memory rally