Sandisk Stock Is Up 1,500% in the Past Year Due to AI -- Is It Still a Buy? Wall Street Has a Surprising Answer for Investors.

Semiconductor company Sandisk (NASDAQ: SNDK) is one of the hottest artificial intelligence (AI) trades on the market. The stock led the S&P 500 higher in 2025, its price increasing more than sixfold, and it has more than doubled in 2026. That brings the total return to 1,500% since the company was spun off from Western Digital last February.Interestingly, Wall Street analysts generally see Sandisk as undervalued. As of Jan. 30, the stock trades at $576 per share.Importantly, many analysts raised their target prices after Sandisk delivered exceptional earnings results on Jan. 29. Prior to the report, the median target price had been $400 per share. So, Wall Street is having trouble keeping pace with this AI stock. Is it too late to buy?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool