Sandisk Stock Set for MSCI World Index Inclusion on August 31
Sandisk Corporation (SNDK) is set to be added to the MSCI World Index as of market close on August 31, which could bring increased passive buying from ETFs and index funds. The inclusion also signals improved analyst coverage due to Sandisk meeting size and free-float criteria for the index. The company has experienced a dramatic stock price surge following its spin-off from Western Digital (WDC) in 2025, driven by strong demand for memory products used in AI workloads. Over the past year, SNDK gained over 532%, and it reached a 52-week high of $2,354.39 before retreating. In its latest quarter ended July 3, Sandisk reported record revenue of $8.97 billion with data center demand surging from $213 million to $2.98 billion and edge revenue rising by 392% YoY. Analysts remain optimistic about the company's future earnings growth for fiscal years 2027 and 2028.
Topics: index inclusion MSCI World Index passive buying Sandisk