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Sandisk Corporation (SNDK)

Overvalued
TechnologyComputer HardwareUnited States

Fundamental

70

Price

$1741.08

Market Cap

$254.75B

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

General caseOvervalued

Fair Value

$1162.40

Current Price

$1741.08

Margin of Safety

-49.8%

Fair Value Range

$755.56 - $1569.23

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$2136.54
Discounted cash flow (DCF):$669.13
Earnings multiple (P/E):$618.29
Graham growth formula:$1193.98
Earnings power value (EPV):$346.35
Justified P/B:$630.20
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:$1265.63
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:$658.28
Analyst Consensus:Strong Buy (28B / 5H / 0S)
Last Earnings Surprise:+11.70%

Valuation Metrics

P/E Ratio

23.59

ROE

72.7%

P/B Ratio

16.19

P/FCF

22.16

Gross Margin

71.5%

ROIC

57.8%

Profitability Radar

Value Creation (Economic Moat)

ROIC outlier

ROIC

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 (19)

  • EPS shows upward trend
  • Price CAGR 666.33%
  • ROIC 57.8%
  • Gross Margin 71.5%
  • P/FCF 22.16
  • 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%
  • Analyst Consensus 85% Buy
  • Earnings Surprise avg 43.4%
  • Earnings Quality (OCF/NI) 1.02
  • Net Margin Trend 56.5% vs -22.3%
  • Piotroski F-Score 6/9

Failed (5)

  • P/B Ratio 16.19
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Share Dilution 6.9%

Unavailable (3)

  • Dividend Payout NaN%
  • Revenue Growth 5Y (Finnhub)
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.02

High quality: earnings backed by cash

Share Dilution

6.9%

Issuing new shares, diluting ownership

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. David V. GoeckelerChairman & CEO63
Mr. Luis Felipe VisosoExecutive VP & CFO56
Mr. Alper IlkbaharExecutive VP & CTO57
Mr. Bernard ShekSenior VP, Chief Legal Officer & Secretary52
Mr. V. Don AngspattExecutive VP & COO-
Michael R. PokornyVP & Chief Accounting Officer-
Mr. Ivan DonaldsonVice President of Investor Relations-
Ms. Christine BastianExecutive VP & Chief People Officer-
Ms. Janet AllgaierChief Consumer Officer-
Mr. Khurram IsmailSenior VP & Chief Product Officer-

Audit Risk

8

Board Risk

9

Compensation Risk

7

Shareholder Rights Risk

9

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • 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

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for SNDK, sourced from Markets Gazette.

  • 1d agoPOSITIVE
    SanDisk: 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.

  • 9d agoPOSITIVE
    Sandisk’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.

  • 13d agoPOSITIVE
    Perché 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.

  • 17d agoNEGATIVE
    Le 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.

  • 24d agoPOSITIVE
    Perché 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.

  • 8/14/2026POSITIVE
    Sandisk’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.

  • 8/13/2026POSITIVE
    Sandisk’s stock is flying higher. Here are the new targets that are exciting Wall Street.

    SanDisk Corporation's stock is experiencing a significant surge following the release of optimistic revenue growth forecasts extending to the end of the decade. The memory-chip manufacturer anticipates maintaining its high profitability margins throughout this period. This forward-looking guidance suggests strong demand and efficient operational management, positioning the company favorably for sustained investor returns. Wall Street analysts have responded positively, setting new price targets that reflect confidence in SanDisk's long-term strategic vision and market position.

via Markets Gazette