Sandisk Corporation Stock (NASDAQ: SNDK) Jumps as Micron Reignites the Memory Trade — News, Forecasts, and Analyst Outlook (Dec. 18, 2025)
Sandisk shares jumped 5% to $217.28 on Dec. 18, hitting an intraday high of $230.40 after Micron issued strong guidance for AI-driven memory demand. Benchmark reiterated a Buy rating and $260 price target, citing improving NAND market dynamics. Trading volume reached about 6.8 million shares. Sandisk’s latest quarterly filing showed accelerating revenue and a stronger earnings outlook.