Sandisk stock price jumps in premarket after Bernstein lifts target to $1,000
New York, February 2, 2026, 09:29 EST — Premarket
- Shares jumped roughly 6.8%, hitting $576.25 in pre-market trading.
- After Sandisk’s latest results and outlook, Bernstein raised its price target to $1,000.
- Traders are closely tracking if the storage rally can maintain momentum through Friday’s U.S. jobs report.
Sandisk shares jumped 6.8% to $576.25 in Monday’s premarket session following a price target boost to $1,000 from Bernstein SocGen Group. Analyst Mark C. Newman cited a “significant beat and guide” alongside a “very strong pricing environment” in a research note. (Investing)
Sandisk’s call follows last week’s sharp upgrade to its outlook, with the company now forecasting fiscal…
