SNDK Stock Analysis: Sandisk | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 309.613m USD | 12M Return: 4307.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.8B
Qual. Beats: 2
Rev. Trend: 100.0%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 1.4 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Sandisk Corporation (NASDAQ: SNDK) designs, manufactures, and markets data storage products built on NAND flash technology, serving customers across the U.S., Europe, the Middle East, Africa, Asia, and other international markets. Its portfolio includes solid-state drives for PCs, gaming consoles, and set-top boxes, embedded flash storage for mobile, automotive, IoT, and industrial applications, as well as removable cards, USB drives, and wafer and component offerings. The company sells through a mix of direct sales personnel, dealers, distributors, retailers, and subsidiaries, targeting computer and original equipment manufacturers, datacenter operators, private cloud customers, cloud service providers, resellers, and retailers. Sandisk was incorporated in 2024 and is headquartered in Milpitas, California, and is classified within the Technology Hardware, Storage & Peripherals sub-industry of the Information Technology sector. NAND flash memory, the underlying technology for its products, is a non-volatile storage medium widely used across consumer electronics, enterprise computing, and cloud infrastructure, with demand closely tied to data generation, mobile device adoption, and the expansion of AI-driven datacenter workloads.
- AI data center demand drives enterprise SSD revenue growth
- NAND flash pricing recovery boosts gross margins
- Samsung and SK Hynix compete on NAND market share
| Net Income: 4.51b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.26 > 0.02 and ΔFCF/TA 28.72 > 1.0 |
| NWC/Revenue: 55.00% < 20% (prev 50.63%; Δ 4.36% < -1%) |
| CFO/TA 0.27 > 3% & CFO 4.64b > Net Income 4.51b |
| Net Debt (-1.70b) to EBITDA (5.42b): -0.31 < 3 |
| Current Ratio: 4.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.0m) vs 12m ago 8.28% < -2% |
| Gross Margin: 56.04% > 18% (prev 33.26%; Δ 22.78% > 0.5%) |
| Asset Turnover: 87.79% > 50% (prev 56.61%; Δ 31.18% > 0%) |
| Interest Coverage Ratio: 42.53 > 6 (EBIT TTM 5.27b / Interest Expense TTM 124.0m) |
| A: 0.42 (Total Current Assets 9.17b - Total Current Liabilities 1.92b) / Total Assets 17.1b |
| B: 0.16 (Retained Earnings 2.75b / Total Assets 17.1b) |
| C: 0.35 (EBIT TTM 5.27b / Avg Total Assets 15.0b) |
| D: 4.18 (Book Value of Equity 13.8b / Total Liabilities 3.30b) |
| Altman-Z'' = 10.06 = AAA |
| DSRI: 1.54 (Receivables 2.86b/1.03b, Revenue 13.2b/7.34b) |
| GMI: 0.59 (GM 33.26% / 56.04%) |
| AQI: 0.76 (AQ_t 0.43 / AQ_t-1 0.56) |
| SGI: 1.80 (Revenue 13.2b / 7.34b) |
| TATA: -0.01 (NI 4.51b - CFO 4.64b) / TA 17.1b) |
| Beneish M = -2.52 (Cap -4..+1) = A |
As of July 01, 2026, the stock is trading at USD 2050.39 with a total of 10,808,419 shares traded. Over the past week, the price has changed by -4.30%, over one month by +31.53%, over three months by +246.62% and over the past year by +4307.06%.
Current recommended Stop Loss: 1733.80 (which is 15.4% or 1.7 ATR below the current price).
Sandisk has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy SNDK.
- StrongBuy: 5
- Buy: 1
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 1772.9 | -13.5% |
P/E Trailing = 71.4284
P/E Forward = 32.2581
P/S = 23.484
P/B = 22.4732
Revenue TTM = 13.2b USD
EBIT TTM = 5.27b USD
EBITDA TTM = 5.42b USD
Long Term Debt = 1.83b USD (from longTermDebt, last fiscal year)
Short Term Debt = 20.0m USD (from shortTermDebt, last fiscal year)
Debt = 2.03b USD (corrected: LT Debt 1.83b + ST Debt 20.0m) + Leases 182.0m
Net Debt = -1.70b USD (calculated: Debt 2.03b - CCE 3.73b)
Enterprise Value = 308b USD (310b + Debt 2.03b - CCE 3.73b)
Interest Coverage Ratio = 42.53 (Ebit TTM 5.27b / Interest Expense TTM 124.0m)
EV/FCF = 69.04x (Enterprise Value 308b / FCF TTM 4.46b)
FCF Yield = 1.45% (FCF TTM 4.46b / Enterprise Value 308b)
FCF Margin = 33.83% (FCF TTM 4.46b / Revenue TTM 13.2b)
Net Margin = 34.19% (Net Income TTM 4.51b / Revenue TTM 13.2b)
Gross Margin = 56.04% ((Revenue TTM 13.2b - Cost of Revenue TTM 5.80b) / Revenue TTM)
Gross Margin QoQ = 78.35% (prev 50.94%)
Tobins Q-Ratio = 18.03 (Enterprise Value 308b / Total Assets 17.1b)
Interest Expense / Debt = 6.11% (Interest Expense 124.0m / Debt 2.03b)
Taxrate = 12.49% (643.0m / 5.15b)
NOPAT = 4.62b (EBIT 5.27b * (1 - 12.49%))
Current Ratio = 4.78 (Total Current Assets 9.17b / Total Current Liabilities 1.92b)
Debt / Equity = 0.15 (Debt 2.03b / totalStockholderEquity, last quarter 13.8b)
Debt / EBITDA = -0.31 (Net Debt -1.70b / EBITDA 5.42b)
Debt / FCF = -0.38 (Net Debt -1.70b / FCF TTM 4.46b)
Total Stockholder Equity = 10.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 30.01% (Net Income 4.51b / Total Assets 17.1b)
RoE = 42.33% (Net Income TTM 4.51b / Total Stockholder Equity 10.6b)
RoCE = 42.27% (EBIT 5.27b / Capital Employed (Equity 10.6b + L.T.Debt 1.83b))
RoIC = 31.79% (NOPAT 4.62b / Invested Capital 14.5b)
WACC = 17.58% (E(310b)/V(312b) * Re(17.66%) + D(2.03b)/V(312b) * Rd(6.11%) * (1-Tc(0.12)))
Discount Rate = 17.66% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 69.57 | Cagr: 3.92%
[DCF] Terminal Value 49.86% ; FCFF base≈4.46b ; Y1≈4.48b ; Y5≈4.74b
[DCF] Fair Price = 205.8 (EV 28.8b - Net Debt -1.70b = Equity 30.5b / Shares 148.1m; r=17.58% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 4.0 | # QB: 2
Revenue Correlation: 99.97 | Revenue CAGR: 9.93% | SUE: 1.46 | # QB: 1
EPS next Quarter (2026-09-30): EPS=41.38 | Chg30d=+2.55% | Revisions=+78% | Analysts=15
[Analyst] Revisions Ratio: +78%