Sandisk Is Up More Than 1,700% in a Year and Still 33% Off Its Peak. History Says This is What Happens Next.

Key Points Sandisk has been perhaps the biggest breakout stock of the past two years. It has returned more than 4,300% since it went public in February 2025. It is down 33% from its peak but remains a strong buy. 10 stocks we like better than Sandisk › Terms like "breakout stock," "going parabolic," and "meteoric rise" get tossed around a lot, but no stock represents those hyperbolic descriptions more than Sandisk (NASDAQ: SNDK) . Let's just take a moment to look at the insane performance of Sandisk , which makes solid-state drives, NAND flash drives, and memory cards for data centers and artificial intelligence (AI) computing. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.