SNDK Stock Analysis: Sandisk | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 217.429m USD | 12M Return: 2684% | US80004C2008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.5B
Qual. Beats: 3
Rev. Trend: 90.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 1.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
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: 11.4b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.51 > 0.02 and ΔFCF/TA 51.99 > 1.0 |
| NWC/Revenue: 35.55% < 20% (prev 49.75%; Δ -14.19% < -1%) |
| CFO/TA 0.52 > 3% & CFO 11.7b > Net Income 11.4b |
| Net Debt (-4.19b) to EBITDA (13.2b): -0.32 < 3 |
| Current Ratio: 2.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (155.0m) vs 12m ago 6.90% < -2% |
| Gross Margin: 71.47% > 18% (prev 30.07%; Δ 41.40% > 0.5%) |
| Asset Turnover: 114.1% > 50% (prev 56.64%; Δ 57.46% > 0%) |
| Interest Coverage Ratio: 140.8 > 6 (EBIT TTM 13.1b / Interest Expense TTM 93.0m) |
| A: 0.32 (Total Current Assets 12.8b - Total Current Liabilities 5.58b) / Total Assets 22.5b |
| B: 0.43 (Retained Earnings 9.65b / Total Assets 22.5b) |
| C: 0.74 (EBIT TTM 13.1b / Avg Total Assets 17.7b) |
| D: 2.32 (Book Value of Equity 15.7b / Total Liabilities 6.77b) |
| Altman-Z'' = 10.89 = AAA |
| DSRI: 1.52 (Receivables 4.73b/1.13b, Revenue 20.2b/7.36b) |
| GMI: 0.42 (GM 30.07% / 71.47%) |
| AQI: 0.72 (AQ_t 0.40 / AQ_t-1 0.56) |
| SGI: 2.75 (Revenue 20.2b / 7.36b) |
| TATA: -0.01 (NI 11.4b - CFO 11.7b) / TA 22.5b) |
| Beneish M = -2.04 (Cap -4..+1) = BB |
As of September 05, 2026, the stock is trading at USD 1740.00 with a total of 16,217,211 shares traded. Over the past week, the price has changed by +17.17%, over one month by +21.88%, over three months by -1.12% and over the past year by +2684.00%.
Current recommended Stop Loss: 1586.80 (which is 8.8% or 1.2 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 | 2125.1 | 22.1% |
P/E Trailing = 20.1217
P/E Forward = 23.0947
P/S = 10.7383
P/B = 13.817
Revenue TTM = 20.2b USD
EBIT TTM = 13.1b USD
EBITDA TTM = 13.2b USD
Long Term Debt = unknown (none)
Short Term Debt = 25.0m USD (from shortTermDebt, two quarters ago)
Debt = 575.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 182.0m
Net Debt = -4.19b USD (calculated: Debt 575.0m - CCE 4.76b)
Enterprise Value = 213b USD (217b + Debt 575.0m - CCE 4.76b)
Interest Coverage Ratio = 140.8 (Ebit TTM 13.1b / Interest Expense TTM 93.0m)
EV/FCF = 18.55x (Enterprise Value 213b / FCF TTM 11.5b)
FCF Yield = 5.39% (FCF TTM 11.5b / Enterprise Value 213b)
FCF Margin = 56.77% (FCF TTM 11.5b / Revenue TTM 20.2b)
Net Margin = 56.46% (Net Income TTM 11.4b / Revenue TTM 20.2b)
Gross Margin = 71.47% ((Revenue TTM 20.2b - Cost of Revenue TTM 5.78b) / Revenue TTM)
Gross Margin QoQ = 84.57% (prev 78.35%)
Tobins Q-Ratio = 9.47 (Enterprise Value 213b / Total Assets 22.5b)
Interest Expense / Debt = 16.17% (Interest Expense 93.0m / Debt 575.0m)
Taxrate = 12.17% (1.58b / 13.0b)
NOPAT = 11.5b (EBIT 13.1b * (1 - 12.17%))
Current Ratio = 2.29 (Total Current Assets 12.8b / Total Current Liabilities 5.58b)
Debt / Equity = 0.04 (Debt 575.0m / totalStockholderEquity, last quarter 15.7b)
Debt / EBITDA = -0.32 (Net Debt -4.19b / EBITDA 13.2b)
Debt / FCF = -0.36 (Net Debt -4.19b / FCF TTM 11.5b)
Total Stockholder Equity = 12.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 64.43% (Net Income 11.4b / Total Assets 22.5b)
RoE = 93.13% (Net Income TTM 11.4b / Total Stockholder Equity 12.3b)
RoCE = 77.34% (EBIT 13.1b / Capital Employed (Total Assets 22.5b - Current Liab 5.58b))
RoIC = 72.25% (NOPAT 11.5b / Invested Capital 15.9b)
WACC = 19.32% (E(217b)/V(218b) * Re(19.33%) + D(575.0m)/V(218b) * Rd(16.17%) * (1-Tc(0.12)))
Discount Rate = 19.33% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 84.93 | Cagr: 3.01%
[DCF] Terminal Value 46.29% ; FCFF base≈11.5b ; Y1≈11.5b ; Y5≈12.2b
[DCF] Fair Price = 483.2 (EV 66.6b - Net Debt -4.19b = Equity 70.8b / Shares 146.4m; r=19.32% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.67 | # QB: 3
Revenue Correlation: 90.34 | Revenue CAGR: 74.32% | SUE: 0.54 | # QB: 0
EPS current Quarter (2026-09-30): EPS=46.21 | Chg30d=+5.49% | Revisions=+44% | Analysts=17
EPS next Quarter (2026-12-31): EPS=52.78 | Chg30d=+0.60% | Revisions=+6% | Analysts=17
EPS current Year (2027-06-30): EPS=214.10 | Chg30d=+0.70% | Revisions=+39% | GrowthEPS=+202.1% | GrowthRev=+141.8%
EPS next Year (2028-06-30): EPS=264.72 | Chg30d=+6.56% | Revisions=+46% | GrowthEPS=+23.6% | GrowthRev=+18.0%
[Analyst] Revisions Ratio: +39% (up=36, down=15)