SanDisk Corp (SNDK) AI Stock Analysis

• Market Cap: $25.72B
• Dividend Yield: N/A
• Average Volume (3M): 8.41M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.29
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 12,000
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.29
• Shares Outstanding: 146,526,120
• 10 Day Avg. Volume: 7,907,438
• 30 Day Avg. Volume: 8,413,628
• 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: 0.29
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: 8.49
• Enterprise Value/Ebitda: -4.18
• 1Y Price Target: $136.78
• Price Target Upside: -33.07% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 61 Neutral
• Price Target: $158.00 ▼(-22.69% Downside)

SanDisk Corp's overall stock score is driven by strong technical momentum, despite financial challenges. The lack of valuation metrics adds uncertainty, but the stable balance sheet provides some reassurance. Investors should be cautious of potential overbought conditions.

Positive Factors

Market Position

SanDisk's leadership in flash storage solutions positions it strongly in the market, benefiting from high demand in consumer electronics and enterprise storage.

Strategic Partnerships

Strategic partnerships enhance SanDisk's distribution network and market penetration, supporting long-term revenue growth and competitive advantage.

New Production Facility

The new Fab2 facility will increase production capacity, supporting future demand for advanced 3D flash memory, crucial for growth in AI and storage markets.

Negative Factors

Profitability Challenges

Negative profitability metrics indicate ongoing operational challenges, which could hinder long-term financial health and shareholder value.

Cash Flow Issues

Negative free cash flow suggests difficulties in generating cash from operations, potentially limiting investment in growth and innovation.

Operational Inefficiencies

Operational inefficiencies could impact SanDisk's ability to capitalize on market opportunities, affecting long-term competitiveness 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 is 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	TTM	Dec 2025	Dec 2024	Dec 2023
Income Statement
Total Revenue	3.60B	7.36B	6.66B	6.09B
Gross Profit	880.00M	2.21B	1.07B	430.00M
EBITDA	-1.79B	-1.25B	-220.00M	-847.00M
Net Income	-1.96B	-1.64B	-672.00M	-2.14B
Balance Sheet
Total Assets	12.98B	12.98B	13.51B	13.82B
Cash, Cash Equivalents and Short-Term Investments	1.48B	1.48B	328.00M	292.00M
Total Debt	1.85B	2.04B	996.00M	1.02B
Total Liabilities	3.77B	3.77B	2.42B	2.38B
Stockholders Equity	9.22B	9.22B	11.08B	11.44B
Cash Flow
Free Cash Flow	31.00M	-120.00M	-475.00M	-932.00M
Operating Cash Flow	120.00M	84.00M	-309.00M	-713.00M
Investing Cash Flow	387.00M	556.00M	210.00M	-189.00M
Financing Cash Flow	174.00M	518.00M	136.00M	860.00M

SanDisk Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEL	―	$71.14B	48.84	11.63%	1.13%	4.86%	-56.43%
FLEX	―	$24.12B	28.22	17.67%	―	-3.63%	2.26%
FTV	―	$17.03B	22.19	7.36%	0.56%	-0.12%	-11.27%
COHR	―	$21.51B	-259.56	0.63%	―	23.42%	71.17%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SNDK	―	$25.72B	―	―	―	―	―
JBL	―	$23.75B	36.21	40.43%	0.14%	3.18%	-46.01%

SanDisk Corp Corporate Events

SanDisk Corp Reports Strong Q4 2025 Results

SanDisk Corporation is a leading provider of data storage solutions, specializing in NAND flash technology, offering a wide range of products from solid-state drives to removable cards for various applications including AI workloads in datacenters and consumer electronics. In its fiscal fourth quarter of 2025, SanDisk reported a revenue of $1.90 billion, marking a 12% sequential increase, surpassing its guidance range. However, the company recorded a GAAP loss of $23 million, while its non-GAAP diluted earnings per share stood at $0.29. The company anticipates its fiscal first quarter 2026 revenue to range between $2.10 billion and $2.20 billion, with non-GAAP diluted earnings per share expected to be between $0.70 and $0.90. Key financial highlights include a 12% increase in revenue from the previous quarter and a significant improvement in operating income and net income on a non-GAAP basis. The company also noted a substantial reduction in operating expenses and a notable increase in gross margin compared to the previous year. Looking ahead, SanDisk’s management remains optimistic about the company’s growth prospects, driven by improving demand and strengthening industry fundamentals, positioning the company to expand margins and generate strong cash flow.