Stock Track | Tradr 2X Long SNDK Daily ETF Soars 8.19% in Pre-Market on Upgraded SanDisk Targets and AI-Driven NAND Super Cycle

Stock Track
05/26

Tradr 2X Long SNDK Daily ETF (SNXX) surged 8.19% in pre-market trading on Tuesday, extending a rally in storage-related assets.

The leveraged ETF tracking SanDisk benefited from a wave of bullish Wall Street catalysts. Citi raised its SanDisk target price from $1,300 to $2,025 on May 19, maintaining a Buy rating, citing a structural NAND shortage potentially lasting through 2030. This upgrade was underpinned by Kioxia's strong quarterly results showing revenue up 85% sequentially with operating margins approaching 74%.

Citi forecasts NAND average selling prices rising 186% year-over-year in 2026, with enterprise SSD prices surging approximately 265%, driven by generative AI training and inference workloads. Additionally, a separate analyst recently raised SanDisk to Buy with a $3,000 target. SanDisk itself reported strong Q3 results with revenue up 252% year-over-year and a 69% operating margin, alongside a $6 billion buyback program.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10