Sandisk closed Wednesday at $1,350.50, down 5.4% on the session, then traded toward $1,257 after the fiscal fourth quarter release put first quarter revenue guidance at $10.3 to $10.8 billion against a consensus near $11.16 billion. The stock is up roughly 490% year to date and has been the best performer in the S&P 500 in 2026. Its fifty-two week range runs from $40.53 to $2,354.39, the high set on June 22, and market capitalization sits near $200 billion on 148.1 million shares outstanding. Beta is 4.13. The target here is $4,000 within twelve months, and the case for it is not an earnings case.