SNDK Stock Surges To 52-Week High Amid Nasdaq-100 Inclusion — Retail Eyes $1,000 Club Soon

• Shares of Sandisk jumped to a 52-week intraday high of $917.56 on Monday. 
• The company also caught the attention of Wall Street, with Citi raising the price target on SanDisk to $980 from $875 earlier in the day. 
• Message volume around SNDK stock on Stocktwits jumped 110% in the past 24 hours, rising from ‘high’ to ‘extremely high’ levels, with many retailers discussing a potential price jump to over $1,000.

Shares of Sandisk Corp. (SNDK) garnered significant investor attention on Monday, jumping to a 52-week intraday high of $917.56, shortly after an announcement of the memory storage company’s inclusion in the Nasdaq-100 index.

Message volume around SNDK stock on Stocktwits jumped 110% in the past 24 hours according to platform data, rising from ‘high’ to ‘extremely high’ levels. Many users debated the possibility that the stock would break the $1,000 per share threshold soon.

The company also caught the attention of Wall Street, with Citi raising the price target on SanDisk to $980 from $875 earlier in the day, according to TheFly.

SNDK stock was up more than 6% at the time of writing.

Nasdaq-100 Inclusion

On Friday, the index operator announced that SanDisk will replace Atlassian Corp. (TEAM) on the Nasdaq-100 even as the Australian-American proprietary software company has tumbled about 70% in the past year, and is down about 76% from its 52-week high.

The rebalancing is expected to occur around April 20.

Meanwhile, SNDK stock has surged a whopping 2,603% in the past year, driven up by higher artificial intelligence demand and memory supply shortages. Citi analyst Asiya Merchant has a ‘Buy’ rating on the shares and a price target that represents an upside potential of about 8% from its current trading price.

Merchant said that the boost is a reflection of the continued solid supply/demand for storage and improving pricing dynamics. AI demand is accelerating the generation of unstructured data, the analyst added.

Meanwhile, according to data from Koyfin, 14 out of 20 analysts covering the stock have a rating of ‘Buy’ or higher on the stock.

Retail Stance

Retail sentiment around SNDK stock on Stocktwits has stayed in the ‘extremely bullish’ territory over the past 24 hours, improving from ‘bullish’ in the past week.

One bullish user said ‘Welcome 1000$ soon’ in a post.

Another user called the stock undervalued, adding that institutions would be piling in after its earnings call.

A third bullish user said that the Nasdaq-100 inclusion indicated forced demand, where index funds, exchange-traded funds, and other passive funds would have to purchase the stock, signalling that the price surge was more than just a single-day catalyst.

SNDK stock has risen about 231% already so far this year. Meanwhile, Innovator IBD Breakout Opportunities ETF (BOUT), which invests in American stocks that exhibit potential for significant price gains, and holds a significant position in SNDK stock, has gained 16.76% in the same time.

The Vanguard Total Stock Market Index Fund ETF (VTI) has risen about 0.17% since the start of 2026.

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