SanDisk Corp (SNDK) AI Stock Analysis

• Market Cap: $33.48B
• Dividend Yield: N/A
• Average Volume (3M): 13.82M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.31
• Revenue Growth: 10.94%
• EPS Growth: -3155.05%
• Country: US
• Employees: 12,000
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1.22
• Shares Outstanding: 146,553,180
• 10 Day Avg. Volume: 13,671,060
• 30 Day Avg. Volume: 13,824,570
• PEG Ratio: -0.03
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.93
• P/FCF Ratio: -56.97
• Enterprise Value/Market Cap: 0.58
• Enterprise Value/Revenue: 2.47
• Enterprise Value/Gross Profit: 8.86
• Enterprise Value/Ebitda: -13.75
• 1Y Price Target: $262.71
• Price Target Upside: 19.71% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): 12.8
• Revenue Forecast (FY): $10.52B

• Rating: 55 Neutral
• Price Target: $233.00 ▲(6.17% Upside)

SanDisk's overall score is driven by strong earnings call results and moderate technical indicators. However, financial performance and valuation concerns weigh heavily, reflecting operational and profitability challenges.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates strong market demand and effective sales strategies, enhancing its market position and long-term business prospects.

Data Center Business Momentum

Strong growth in the data center segment reflects increasing demand for storage solutions, positioning SanDisk well in a rapidly expanding market.

Gross Margin Improvement

Improved gross margins indicate better cost management and pricing power, contributing to enhanced profitability potential over the long term.

Negative Factors

Negative Profitability Metrics

Ongoing profitability challenges suggest operational inefficiencies, which could hinder financial performance and shareholder returns if not addressed.

Cash Flow Challenges

Negative cash flow limits the company's ability to reinvest in growth opportunities and maintain financial flexibility, posing risks to long-term sustainability.

Seasonality Impact Warning

Seasonal fluctuations in consumer demand could lead to revenue volatility, impacting the company's ability to maintain consistent growth and profitability.

SanDisk Corp Business Overview & Revenue Model

Company Description

SanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology. Its products include solid state drives. embedded products, removable cards, universal series bus, and wafers and components. The company was founded on June 1, 1988 and is headquartered in Milipitas, CA.

How the Company Makes Money

SanDisk generates revenue primarily through the sale of its flash memory products, including SSDs, memory cards, and USB drives. The company operates on a business-to-business (B2B) and business-to-consumer (B2C) model, selling directly to consumers through retail channels and to businesses through partnerships with OEMs (original equipment manufacturers) and system integrators. Key revenue streams include consumer products, enterprise storage solutions, and licensing of its technology. Additionally, SanDisk benefits from strategic partnerships with major technology firms, enhancing its distribution network and increasing market penetration. The demand for high-capacity and high-speed storage solutions in emerging technologies such as cloud computing, IoT (Internet of Things), and mobile devices further contributes to its earnings.

SanDisk Corp Financial Statement Overview

Summary

SanDisk Corp shows mixed financial performance. Strong revenue growth is overshadowed by negative profitability and cash flow metrics. The balance sheet remains stable with low leverage, but operational inefficiencies need addressing.

Income Statement

SanDisk Corp has experienced significant revenue growth over the past year, with a 333.92% increase. However, profitability metrics are concerning, with negative net profit and EBIT margins indicating ongoing operational challenges. The gross profit margin improved to 30.07%, but the company still faces substantial losses.

Balance Sheet

The company's debt-to-equity ratio remains low at 0.22, suggesting a conservative leverage position. However, the negative return on equity of -17.81% indicates that the company is not generating positive returns for shareholders. The equity ratio is stable, reflecting a solid capital structure.

Cash Flow

SanDisk's cash flow situation is challenging, with negative free cash flow and a low operating cash flow to net income ratio of 0.06. Although there was a significant improvement in free cash flow growth, the company is still struggling to generate positive cash flow from operations.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.36B	6.66B	6.09B	9.75B	9.75B
Gross Profit	2.21B	1.07B	430.00M	3.24B	3.24B
EBITDA	-1.25B	-220.00M	-847.00M	1.74B	1.74B
Net Income	-1.64B	-672.00M	-2.14B	1.06B	1.06B
Balance Sheet
Total Assets	12.98B	13.51B	13.82B	15.76B	15.76B
Cash, Cash Equivalents and Short-Term Investments	1.48B	328.00M	292.00M	335.00M	335.00M
Total Debt	2.04B	996.00M	1.02B	950.00M	950.00M
Total Liabilities	3.77B	2.42B	2.38B	2.78B	2.78B
Stockholders Equity	9.22B	11.08B	11.44B	12.98B	12.98B
Cash Flow
Free Cash Flow	-120.00M	-475.00M	-932.00M	741.00M	741.00M
Operating Cash Flow	84.00M	-309.00M	-713.00M	1.15B	1.15B
Investing Cash Flow	556.00M	210.00M	-189.00M	-472.00M	-472.00M
Financing Cash Flow	518.00M	136.00M	860.00M	-650.00M	-650.00M

SanDisk Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 219.46
• 50DMA: Positive
• 100DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNDK, the sentiment is Positive. The current price of 219.46 is below the 20-day moving average (MA) of 231.19, above the 50-day MA of 173.74, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 13.02 indicates Positive momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 36.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNDK.

SanDisk Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEL	80 Outperform	$68.95B	38.04	14.78%	1.18%	8.94%	-39.90%
FLEX	74 Outperform	$23.08B	29.81	17.45%	―	0.77%	0.51%
FTV	72 Outperform	$17.19B	30.91	7.79%	0.44%	-8.96%	-30.29%
COHR	66 Neutral	$29.21B	277.75	3.08%	―	20.80%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JBL	61 Neutral	$23.51B	37.15	40.43%	0.14%	3.18%	-46.01%
SNDK	55 Neutral	$33.48B	―	―	―	10.94%	-3155.05%

SanDisk Corp Corporate Events

SanDisk Corp Reports Strong Earnings and Optimistic Outlook

SanDisk Corp’s recent earnings call revealed a positive sentiment, underscored by strong financial results and significant revenue growth. The company reported an impressive increase in gross margin, driven by robust demand across data center and consumer markets. Despite facing some start-up and underutilization costs, the overall outlook remains optimistic, with substantial free cash flow generation and a positive forecast for the upcoming quarter.

SanDisk Reports Strong Q1 2026 Financial Results

SanDisk Corporation is a prominent developer and provider of data storage devices and solutions, specializing in NAND flash technology, catering to a wide range of customers from individual consumers to large enterprises and public clouds.