Wall Street's Next Blockbuster Stock Split Has Arrived -- The Stock Has Gained 3,050% Since Its 2025 Debut and Still More Upside Ahead, According to Wall Street

SNDK announced an 8-for-1 stock split after a blowout quarter, putting a fresh catalyst in front of a stock that has gained 3,050% since its 2025 debut.

The company reported Q1 2027 revenue of $11 billion, up 378% year over year, driven by surging AI-related memory chip demand. Management says its pipeline is sold out through 2030, with long-term customer contracts already locked in.

Despite the run, SNDK sits roughly 50% below its June peak. Wall Street hasn't blinked: 84% of analysts rate the stock a buy, and the average price target of $2,143 implies about 85% upside from current levels.

Interpretation: the gap between a 50% drawdown and an unchanged bullish consensus suggests the market is repricing risk and valuation, not doubting demand. The sold-out-through-2030 claim, if it holds, supports the long-dated revenue visibility bulls are paying for. A split does not change fundamentals, but lower per-share pricing can broaden retail participation. WDC is the other name tied to this memory theme in our coverage.