CHARGED ALPHATMFrontier AI stock research

SNDK · NasdaqGS

Sandisk Corporation

Computer Hardware · United States

USD 1.68K-1.3% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$246.33B
Trailing P/E
22.81x
Forward P/E
6.39x
Quarterly revenue growth
371.6%
Trailing net margin
56.5%
Indicated dividend yield
—

Snapshot 2026-10-06 · Latest financial period 2026-07-03 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q2 FY2026

Go beyond the headline.

SNDK Stock: Q2 FY2026 Earnings Analysis

Published 2026-05-01

Comparable businesses

SNDK peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricSNDKSandisk CorporationSnapshot 2026-10-06Financial period: 2026-07-03MUMicron Technology, Inc.Snapshot 2026-10-06Financial period: 2026-09-03
Market capMarket value, converted to USDUS$246.33BUS$1.20T
Forward P/EProvider forward earnings estimate6.39x5.14x
EV / EBITDAEnterprise value / trailing EBITDA19.41x10.69x
Revenue growthLatest quarter vs prior-year quarter371.6%379.3%
Operating marginLatest reported quarter78.5%80.7%
Free cash flow yieldTrailing cash flow / market cap3.1%2.4%
Net debt / EBITDANet debt / trailing EBITDA-0.36x-0.35x
Debt / equityTotal debt / positive book equity0.01x0.04x
Trailing P/ETrailing twelve-month earnings22.81x14.33x
Price / bookPrice / positive book equity per share15.93x11.94x
EV / salesEnterprise value / trailing revenue12.10x8.74x
Earnings growthLatest quarter vs prior-year quarter—1,060.5%
Gross marginTrailing twelve months71.5%80.7%
Net marginTrailing twelve months56.5%63.8%
Return on equityProvider trailing return; positive equity only91.6%88.3%
Free cash flow marginTrailing free cash flow / revenue38.1%21.9%
Dividend yieldIndicated annual dividend / price—0.1%
Earnings payoutProvider trailing dividend payout0.0%1.1%
Current ratioCurrent assets / current liabilities2.29x3.31x
BetaProvider historical market sensitivity—2.23

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for SNDK

All available reporting periods
Q2 FY20262026-05-01

SNDK Stock: Q2 FY2026 Earnings Analysis

Presentation · 2026-05-01 · YouTube

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.