ATLAS News · Markets

Sandisk shares jump 16% as storage rally returns before 8-for-1 split

Published November 11, 2026 · 2 sources

Sandisk stock rebounds about 16% after a roughly 41% monthly drop, with an 8-for-1 split ahead and revenue guidance up to $12.6 billion, Yahoo Finance reports.

What happened

Sandisk (SNDK) shares jumped 16% as the storage rally returned, according to Yahoo Finance. The move comes ahead of the company's planned 8-for-1 stock split.

Yahoo Finance describes the rise as a rebound after a roughly 41% drop over the past month. It links the move to company guidance of up to $12.6 billion in quarterly revenue.

MarketWatch also reports that Sandisk's stock is soaring, and highlights three trends it says could support further gains.

Context

Sandisk is a maker of data storage products, and its shares are often influenced by sentiment toward the wider storage and memory sector.

Why it matters

The sharp swings in Sandisk shares show how closely investors are watching storage demand and the company's revenue outlook.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

SandiskSNDK

+13.69%

Technology · NASDAQ

Live price

$860.98▲ +13.69%

live price · USD

Close on November 11: $977.69+13.69% vs. previous close ($859.99)
Fair value (ATLAS): $2,436.46Fair range: $2,100.00 to $3,805.22The price ($860.98) is 64.7% below that figure.
Chance of a rise in 1 month: 43%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $661.21 and $1,003.67; 9 in 10, between $456.73 and $1,453.01.

See the full ATLAS analysis of Sandisk →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Market indices

Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.

S&P 500 (SPY): 759.81 (+1.32%) · November 11

Nasdaq-100 (QQQ): 690.38 (+2.31%) · November 11

Dow Jones (DIA): 524.44 (+0.52%) · November 11

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Sandisk Stocks Jump 16% as Storage Rally Returns Ahead of 8-for-1 Split · Yahoo Finance · November 11, 2026
Sandisk’s stock is soaring, and these three trends could send it even higher · MarketWatch · November 11, 2026

Latest market news · Markets today on ATLAS · Sandisk

What you get with ATLAS

Create my ATLAS account →

Fair value, probabilities and earnings for every stock. Free account, no card. Information, not advice.

Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer