Sandisk stock price whipsaws after AI-led forecast and Kioxia supply deal — what to watch Monday
New York, January 31, 2026, 09:24 EST — Market closed.
- Sandisk shares jumped 6.8% to close at $576.25 on Friday, having peaked near $676 earlier in the session
- The flash-memory maker projected quarterly results well beyond Wall Street’s expectations and pushed its Kioxia joint venture extension out to 2034
- Traders are eyeing Monday’s open for signs of follow-through, fresh analyst notes, and hints on how long the flash supply will remain tight
Sandisk shares ended Friday up 6.8% at $576.25, following an early jump sparked by a profit forecast that blew past estimates and a new supply deal with Japan’s Kioxia. The stock soared to $675.88 intraday, roughly a 25% gain at its peak, before retreating sharply…
