Sandisk Share Price Sparks Stock Split Speculation

Sandisk shares closed at $1,551.99 on September 15, 2026, triggering investor speculation that the company may implement a stock split. While the company has not publicly discussed or announced such a move, the high share price is driven by a low share count of approximately 146 million shares following its February 2025 spin-off from Western Digital Inc.

Recent corporate actions have further reduced the available share count. In August, the board increased its share buyback authorization by $14 billion, raising the total to $15.5 billion. Financially, the company reported fiscal 2026 revenue of $20.25 billion and net income of $11.4 billion.

Sandisk joined the S&P 500 in November 2025 and is scheduled to enter the S&P 100 on September 21, 2026. A stock split is viewed as the primary mechanism to lower the share price to a level compatible with the price-weighted Dow Jones Industrial Average.