Sandisk Corporation (SNDK)
Fair ValueFundamental
72
Price
$1238.03
Market Cap
$199.19B
Part 1 · What the company is worth
Overview
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company provides solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, industrial, and connected home applications, as well as removable cards, universal serial bus drives, and wafers and components. It sells its products to computer manufacturers and original equipment manufacturers, datacenters, private cloud customers, cloud service providers, resellers, distributors, and retailers through its sales personnel, dealers, distributors, retailers, and subsidiaries. Sandisk Corporation was incorporated in 2024 and is based in Milpitas, California.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$20.25B
Trailing 12 months (through 7/3/2026)
Net Income
$11.43B
Trailing 12 months (through 7/3/2026)
Free Cash Flow
$11.49B
Total Equity
$15.74B
Total Liabilities
$6.77B
Current Ratio
2.29
Interest Coverage
169.71
Debt/EBITDA
0.02
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$1176.00
Current Price
$1238.03
Margin of Safety
-5.3%
Fair Value Range
$764.40 - $1587.61
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
16.78
ROE
72.7%
P/B Ratio
11.52
P/FCF
15.77
Gross Margin
71.5%
ROIC
57.8%
Profitability Radar
Value Creation (Economic Moat)
ROIC outlierROIC
57.8%
WACC
18.0%
ROIC − WACC
+39.8 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (18)
- EPS shows upward trend
- Price CAGR 666.33%
- ROIC 57.8%
- Gross margin 71.5%
- P/FCF 15.77
- Debt/equity ratio
- Operating margin 61.2%
- Positive free cash flow
- CapEx intensity
- Current ratio
- Interest coverage
- Debt/EBITDA
- Return on tangible assets
- ROE 93.1%
- Earnings surprise, average 43.4%
- Earnings quality (operating cash flow / net income) 1.02
- Net margin trend 56.5% vs -22.3%
- Piotroski F-Score 6/9
Failed (5)
- P/B ratio 11.52
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Fairly Valued)
- Share dilution 6.9%
Unavailable (3)
- Dividend payout –
- Revenue growth 5Y
- PEG ratio (needs P/E > 0 and growth > 0)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. David V. Goeckeler | Chairman & CEO | 63 |
| Mr. Luis Felipe Visoso | Executive VP & CFO | 56 |
| Mr. Alper Ilkbahar | Executive VP & CTO | 57 |
| Mr. Bernard Shek | Senior VP, Chief Legal Officer & Secretary | 52 |
| Mr. V. Don Angspatt | Executive VP & COO | - |
| Michael R. Pokorny | VP & Chief Accounting Officer | - |
| Mr. Ivan Donaldson | Vice President of Investor Relations | - |
| Ms. Christine Bastian | Executive VP & Chief People Officer | - |
| Ms. Janet Allgaier | Chief Consumer Officer | - |
| Mr. Khurram Ismail | Senior VP & Chief Product Officer | - |
Audit Risk
8
Board Risk
9
Compensation Risk
7
Shareholder Rights Risk
9
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-08-17
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-05-01
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-16
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much SNDK moves, measured on its daily prices.
More volatile than 99% of the tracked stocks (90-day volatility).
- Volatility 30d
- 67.9%
- Volatility 90d
- 115.8%
- Beta vs S&P 500 (1y)
- 3.99Correlation 0.45
- Max drawdown (12m)
- -56.5%
- ATR (14d, % of price)
- 7.77%
Earnings reactions
How SNDK moved around its past quarterly results.
Next earnings release
Oct 29, 2026 · In 5 days · After the close
EPS estimate: 46.27Revenue estimate: $10.7B
What usually happens
- Over the last 6 releases the stock moved a median of 6.8% the next day, up or down.
- Next-day moves: up 4, down 2 (out of 6).
- Of the 4 releases that beat estimates, the stock fell the next day after 1.
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026 | After the close | 35.14 | 39.25 | +11.7% | -13.1% | -6.8% | -0.5% |
| Apr 30, 2026 | After the close | 14.83 | 23.41 | +57.9% | -3.4% | +8.3% | +22.2% |
| Jan 29, 2026 | After the close | 3.52 | 6.20 | +76.3% | +20.8% | +6.9% | +6.8% |
| Nov 6, 2025 | After the close | 0.95 | 1.22 | +27.8% | +0.4% | +15.3% | +17.3% |
| Aug 14, 2025 | After the close | n/a | n/a | n/a | -7.8% | -4.6% | -2.5% |
| May 7, 2025 | After the close | n/a | n/a | n/a | 0.0% | +4.8% | +19.9% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on SNDK and what the price did next.
- 10/12/2026NegativeSanDisk: azioni -8% in tre sedute — perché i trader vendono prima degli utili?
- +1 day
- -5.9%
- +3 days
- -10.1%
- 10/5/2026PositiveLe azioni SanDisk hanno formato un triangolo ascendente: pronte a un rialzo?
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 10/1/2026PositiveSanDisk: azioni in rialzo, Citi vede +20% dopo i conti Micron e mercato NAND teso
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 9/30/2026PositiveSanDisk: pattern fortemente rialzista, perché potrebbe salire presto
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 9/22/2026PositiveSandisk’s stock is rising: Why one analyst says AI could help it reach new heights
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 9/18/2026PositivePerché le azioni SanDisk salgono dell'8% oggi?
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 9/14/2026NegativeLe azioni di SanDisk a rischio di forte calo per pattern allarmanti
- +1 day
- -4.5%
- +3 days
- -5.6%
- 9/7/2026PositivePerché gli investitori vedono ulteriore rialzo nel rally del 500% di SanDisk
- +1 day
- +0.4%
- +3 days
- -1.1%
- 8/14/2026PositiveHeadline no longer in the latest news feed
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 8/14/2026PositiveSandisk’s stock is extending its major rebound. This is the latest spark.
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for SNDK.
- 12d agoNEGATIVESanDisk: azioni -8% in tre sedute — perché i trader vendono prima degli utili?
SanDisk shares have seen a significant decline, falling approximately 8% over the past three trading sessions leading up to its earnings report. The stock closed at $1,581.82, down from $1,692.42 earlier in the week. Despite this recent pullback, SanDisk has experienced a remarkable rally of around 566% year-to-date in 2026, with an average Wall Street price target of $2,173. The current sell-off appears driven by elevated expectations rather than a decline in demand, as AI-driven storage spending and tight NAND supply continue to support prices. However, profitability has reached levels that may not be sustainable for hardware companies, prompting traders to reassess before the October 29 earnings release.
- 19d agoPOSITIVELe azioni SanDisk hanno formato un triangolo ascendente: pronte a un rialzo?
SanDisk shares have formed a bullish ascending triangle pattern, suggesting potential upside. The stock has recovered significantly from a July low of $993 to its current trading level of $1,720. This pattern, characterized by horizontal resistance and an upward trendline, indicates that the stock is poised for further gains in the near to medium term. Investors are watching closely as the stock tests the lower boundary of this pattern, anticipating a breakout.
- 23d agoPOSITIVESanDisk: azioni in rialzo, Citi vede +20% dopo i conti Micron e mercato NAND teso
SanDisk Corporation shares experienced a notable surge, climbing over 2% on Thursday afternoon. This upward movement followed Citi's reaffirmation of its 'Buy' rating for the memory and storage company. The positive outlook is underpinned by recent earnings from Micron Technology, which suggest a favorable environment for NAND market fundamentals. Citi has set a price target of $2,100 for SanDisk, indicating a potential upside of more than 20%. The bank highlighted that Micron's sequential NAND revenue increase of 42%, coupled with expanding demand from data centers for AI applications, provides a strong foundation for SanDisk's growth prospects.
- 24d agoPOSITIVESanDisk: pattern fortemente rialzista, perché potrebbe salire presto
SanDisk shares have consolidated in an ascending triangle pattern after a significant rally from July lows. The stock is currently trading at $1,730, approximately 8.6% below its monthly high of $1,893. This technical formation suggests a potential upward breakout if buyers can overcome the resistance at $1,893. The pattern indicates strong bullish momentum may resume, potentially leading to a significant rebound for the stock. Investors are watching for a decisive move above the resistance level to confirm the bullish outlook.
- 9/22/2026POSITIVESandisk’s stock is rising: Why one analyst says AI could help it reach new heights
SanDisk's stock is experiencing a notable upward trend, fueled by an analyst's projection that advancements in Artificial Intelligence could significantly boost its valuation. Rosenblatt Securities, a prominent analyst firm, highlighted that the increasing complexity of AI models and the demands of AI inference are transforming NAND flash memory from a mere commodity into an indispensable component for AI infrastructure. This strategic shift positions SanDisk favorably to capitalize on the burgeoning AI market, potentially leading to substantial revenue growth and enhanced profitability for the company.
- 9/18/2026POSITIVEPerché le azioni SanDisk salgono dell'8% oggi?
SanDisk Corporation shares surged by 8.04% on Friday following the announcement of its upcoming inclusion in the S&P 100 index. The semiconductor company is set to replace Colgate-Palmolive in the S&P 100, a subset of the S&P 500 comprising large-cap, established companies. This inclusion is typically driven by strong financial performance and market capitalization, indicating robust operational health. Investors reacted positively to the news, anticipating increased demand for SanDisk shares due to index fund rebalancing and the stock's enhanced visibility within a prestigious index. The company's continued financial strength underpins this positive market sentiment.
- 9/14/2026NEGATIVELe azioni di SanDisk a rischio di forte calo per pattern allarmanti
SanDisk Corporation shares are under significant pressure, with the recent rally faltering due to profit-taking. The stock has fallen to $1,565, a decline of over 33% from its yearly high. Technical analysis reveals bearish patterns, including a double-top formation at $1,805 with a neckline at $1,415, suggesting potential for further short-term declines. A rising wedge pattern is also observed, which typically precedes a downward price movement. Investors should monitor these technical indicators for potential downside risk.
- 9/7/2026POSITIVEPerché gli investitori vedono ulteriore rialzo nel rally del 500% di SanDisk
SanDisk Corporation's stock has surged an impressive 500% year-to-date, driven by a strategic shift towards long-term supply agreements. This new business model aims to mitigate the inherent cyclicality of the NAND memory market by securing multi-year commitments from customers for specific product volumes. Pricing structures may include fixed and variable components, with financial guarantees in place to ensure contractual compliance. SanDisk anticipates these New Business Models (NBMs) will become a significant part of its operations, offering investors a more stable revenue stream and reduced volatility compared to traditional memory market dynamics.
- 8/14/2026POSITIVESandisk’s stock is extending its major rebound. This is the latest spark.
SanDisk Corporation's stock is experiencing a significant rebound, surging over 60% from its recent low. This rally is further fueled by positive analyst sentiment regarding the company's newly announced financial targets. The optimistic outlook from analysts suggests a strong belief in SanDisk's future performance and strategic direction. Investors are likely encouraged by these developments, viewing the stock as a potentially strong performer given the upward momentum and analyst backing.