Updated 15 November 2026, 07:00 GMT. Sandisk (SNDK) goes into the split week at $885.01, Friday’s close, after a 5.59 percent fall that day (StockAnalysis). That is about $110.63 a share on the 8-for-1 basis that starts trading on Friday 20 November. Even after Friday, the stock finished the week about 6 percent higher, up from $835.06 on 6 November. Verdict: the week was a swing, not a trend. Nvidia’s results on Tuesday decide where Sandisk trades into the split. Reference levels: $1,011 above, $806 below.
Key facts
- Last close: $885.01 on Friday 13 November, down $52.45 or 5.59 percent. After-hours trading ended at $865.98 (StockAnalysis).
- The week: up about 6.0 percent from the $835.06 close on 6 November, despite two down days at the end (StockAnalysis).
- The swing: a low of $826.67 on 10 November and a high of $1,011.05 on 11 November, a gap of about 22 percent inside three sessions.
- From the late-October peak: down about 37 percent from the $1,404.77 close on 28 October.
- Split: 8-for-1. Record date 9 November, new shares issued after the close on Thursday 19 November, split-adjusted trading from Friday 20 November under SNDK (Sandisk 8-K).
- Next catalyst: Nvidia’s third-quarter results on Tuesday 17 November after the US close.
What the week told us
Sandisk had a volatile week even by its own standards. It rose 6.16 percent on Monday 9 November, lost 2.99 percent on Tuesday, then jumped 13.69 percent on Wednesday to $977.69, trading as high as $1,011.05 (StockAnalysis). On Thursday Nvidia said Jensen Huang had resigned as chief executive and named finance chief Colette Kress interim CEO. Sandisk fell 4.11 percent that day and 5.59 percent on Friday, when GuruFocus reported it down as much as 7.8 percent during the session.
The net result was still a gain for the week. Investors bought the dip after the 22 percent fall on 5 November and sold again when the Nvidia news hit. Our Saturday Sandisk page covers Friday’s session in detail.
Nothing company-specific came out over the weekend. US markets are closed until Monday, and stock futures reopen on Sunday evening, US time. The first trades will show whether the after-hours drop to $865.98 carries into Monday.
Why Nvidia matters to Sandisk
Sandisk’s flash storage goes into the same data centres as Nvidia’s AI processors. Its fiscal first-quarter revenue was $11.0 billion, up 23 percent from the previous quarter (Sandisk 8-K, 29 October), and the AI build-out drove most of that growth. When Huang left, investors started asking whether AI spending could slow under new leadership at Nvidia, and memory makers fell further than most chip stocks.
Nvidia guided third-quarter revenue to $108.0 billion, plus or minus 2 percent, and consensus sits near $109 billion, according to an Invezz preview citing LSEG data. For Sandisk, the data centre line and anything Kress says about next year’s demand will matter more than the headline beat or miss. Our Nvidia page has the results preview.
The longer-term debate is about memory prices. Some analysts argue the stock is priced for a cyclical peak; one report attributed to Bernstein expects memory prices to normalise from the second half of 2027. Sandisk’s shares would struggle if that view spreads before the next earnings report.
The 8-for-1 split, in numbers
Holders on the 9 November record date get seven extra shares for every one they own. A holding is worth the same before and after; every per-share figure is divided by eight. Our split explainer has the full timetable.
| Level | Pre-split | Split-adjusted |
|---|---|---|
| Friday close, 13 November | $885.01 | $110.63 |
| Friday after-hours | $865.98 | $108.25 |
| Close on 6 November | $835.06 | $104.38 |
| Close on 5 November | $806.43 | $100.80 |
| Intraday high on 11 November | $1,011.05 | $126.38 |
| Close on 28 October | $1,404.77 | $175.60 |
What analysts say
Analyst targets sit far above the share price. JPMorgan’s Harlan Sur has an Overweight rating and a $2,250 target, while Wells Fargo cut its target to $1,300 and RBC to $1,400 (Benzinga). Melius Research has the Street-high $3,600, and MarketBeat put the consensus at $2,056.23 at the end of last week. These are 12-month views on the business; the table below is about the coming week.
Sandisk stock: bull, base and bear for the split week
| Scenario | SNDK (pre-split) | Split-adjusted | What has to happen | Anchor |
|---|---|---|---|---|
| Bear | $806 | $100.80 | Nvidia’s outlook disappoints and memory stocks give back the whole week’s gain. | The 5 November close of $806.43; about 8.9 percent below $885.01. |
| Base | $848-$940 | $106-$117.50 | Nvidia’s results are in line and Sandisk trades inside Friday’s range into the split. | Friday’s $848.50 low and $939.53 high. |
| Bull | $1,011 | $126.38 | Nvidia’s data centre numbers and outlook ease the leadership worry and memory stocks rally. | The 11 November intraday high of $1,011.05; about 14.2 percent above $885.01. |
The bear case sits below the current price. These are reference levels measured from Friday’s close, not forecasts.
What to watch this week
- Sunday evening: US stock futures reopen, the first read on Monday’s open.
- Monday 16 November: whether Sandisk holds Friday’s $848.50 low.
- Tuesday 17 November, after the close: Nvidia’s results, the first under interim CEO Kress. Our Micron page covers the other big memory name into the report.
- Thursday 19 November: new shares issued after the close; Anthropic’s IPO is also expected to start trading that day.
- Friday 20 November: the first split-adjusted session, near $110 at Friday’s close.
Quick take: Sandisk closed the week at $885.01, about $110.63 on the post-split basis, and still gained about 6 percent on the week despite Friday’s 5.59 percent fall. Nvidia reports on Tuesday, and split-adjusted trading starts on Friday 20 November. $806 is the downside reference, $1,011 the upside.
FAQ
What is Sandisk’s stock price today?
US markets are closed on Sunday. Sandisk last closed at $885.01 on Friday 13 November, down 5.59 percent, and ended after-hours trading at $865.98 (StockAnalysis).
Did Sandisk stock go up or down this week?
Up. It closed at $885.01 against $835.06 a week earlier, a gain of about 6 percent, even after falling on Thursday and Friday.
When does the Sandisk stock split take effect?
New shares are issued after the close on Thursday 19 November, and the stock trades on a split-adjusted basis from Friday 20 November. The ratio is 8-for-1.
What will Sandisk’s price be after the split?
Divide by eight. Friday’s $885.01 close equals about $110.63. The actual price on 20 November depends on trading between now and then.
Why does Nvidia’s report move Sandisk?
Sandisk’s growth comes largely from AI data centres, where its storage sits alongside Nvidia’s processors. Nvidia’s outlook is the best read on whether that spending continues.
What is the analyst target for Sandisk?
MarketBeat put the consensus at $2,056.23 before the split, or about $257 after it. Targets range from $1,300 at Wells Fargo to $3,600 at Melius Research.
Sources: StockAnalysis price history, 13 November 2026 (closes, ranges, after-hours price, prior sessions); GuruFocus, 13 November 2026 (intraday fall); Sandisk 8-K filings (split timetable, fiscal Q1 revenue); Invezz, 13 November 2026, citing LSEG (Nvidia guidance and consensus); ad-hoc-news, November 2026 (Bernstein memory-price view); Benzinga and MarketBeat (analyst targets).
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.
