Tearsheet

SanDisk (SNDK)

Market Price (12/28/2025): $250.49 | Market Cap: $36.6 Bil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

SanDisk (SNDK)

Market Price (12/28/2025): $250.49
Market Cap: $36.6 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Megatrend and thematic drivers Megatrends include Artificial Intelligence, Cloud Computing, and Digital Content & Streaming. Themes include Data Centers & Infrastructure, Show more.	Stock price has recently run up significantly 6M Rtn6 month market price return is 430%, 12M Rtn12 month market price return is 415%
1		Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 425%
2		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.9%
3		Key risks SNDK key risks include [1] significant profitability challenges, Show more.

0	Megatrend and thematic drivers Megatrends include Artificial Intelligence, Cloud Computing, and Digital Content & Streaming. Themes include Data Centers & Infrastructure, Show more.
1	Stock price has recently run up significantly 6M Rtn6 month market price return is 430%, 12M Rtn12 month market price return is 415%
2	Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 425%
3	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.9%
4	Key risks SNDK key risks include [1] significant profitability challenges, Show more.

Valuation, Metrics & Events

	12/28/25	2024	2023
Share Price CYE	$250.49
Market Cap CYE ($ Bil)	36.6	-	-
Total Debt ($ Bil)	1.5	2.0	1.0
Total Cash ($ Bil)	1.4	1.5	0.3
Enterprise Value ($ Bil)	36.7
Valuation Ratios
P/S TTM	4.7	-	-
P/EBIT TTM	-24.0	-	-
P/E TTM	-21.0	-	-
P/FCF TTM	70.9	-	-
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9
P/EBIT TTM (Sector)	3.0	2.3	-0.2
P/E TTM (Sector)	-0.2	-0.3	-0.5
P/FCF TTM (Sector)	12.3	13.7	12.2

	12/28/25	2024	2023
Share Price CYE	$250.49
Market Cap CYE ($ Bil)	36.6	-	-
Total Debt ($ Bil)	1.5	2.0	1.0
Total Cash ($ Bil)	1.4	1.5	0.3
Enterprise Value ($ Bil)	36.7
Valuation Ratios
P/S TTM	4.7	-	-
P/EBIT TTM	-24.0	-	-
P/E TTM	-21.0	-	-
P/FCF TTM	70.9	-	-
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9
P/EBIT TTM (Sector)	3.0	2.3	-0.2
P/E TTM (Sector)	-0.2	-0.3	-0.5
P/FCF TTM (Sector)	12.3	13.7	12.2

	SNDK	S&P 500
REVENUE GROWTH	GOOD
Rev LTM ($ Bil)	7.8
Rev Chg Q	22.6%	7.3%
Rev Chg LTM	10.9%	6.1%
Rev Chg 3Y Avg	7.7%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.4
CFO LTM ($ Bil)	0.7
Net Inc LTM ($ Bil)	-1.7
Op Mgn LTM	5.0%	18.8%
CFO/Rev LTM	9.0%	20.4%
Net Inc Mgn	-22.4%	13.1%
VALUATION	VERY HIGH
P/S	4.7	3.3
P/CFO	52.0	15.8
P/FCF	70.9	20.7
P/E	-21.0	23.7
STABILITY	VERY GOOD
Debt/Equity	0.04	0.21
Cash/Assets	0.11	0.07

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Metric	Value	Date	Source
Datacenter Revenue Sequential Growth	26%	11062025	Link
BiCS8 Technology Percentage of Total Bits Shipped	15%	11062025	Link
Hyperscalers in Qualification	2	11062025	Link
Major Hyperscale Customer Engagements	5	11062025	Link
Bit Shipments Growth (Quarter-over-Quarter)	mid-teens %	11072025	Link
Average Selling Price per Gigabyte Growth (Quarter-over-Quarter)	mid-single digits %	11072025	Link
Projected Total Addressable Market (TAM)	US$100 billion	7022025	Link
Client SSD Market Share	25%	2242025	Link

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SNDK Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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SanDisk (SNDK) experienced a significant stock movement from August 31, 2025, to today due to several key factors following its re-emergence as an independent public company in February 2025. Previously, SanDisk was acquired by Western Digital in May 2016. However, Western Digital spun off its flash storage business, and SanDisk relaunched as an independent public entity on February 24, 2025, trading under the ticker symbol SNDK on Nasdaq. Since its re-listing, the company's stock has surged, with a year-to-date gain of approximately 544% as of December 26, 2025.

1. Re-establishment as a Pure-Play Flash Memory Company: SanDisk re-emerged as an independent public entity in February 2025, shedding its legacy hard disk drive (HDD) baggage from its time under Western Digital, to become a dedicated flash memory company. This strategic separation allowed it to focus solely on high-growth NAND assets.

2. Beneficiary of the Generative AI Boom: The company became a primary beneficiary of the generative AI boom, which is a defining trend in the 2025 global technology landscape. This market shift positioned SanDisk at the center of increasing demand.

3. Demand for High-Speed Enterprise Flash Storage: SanDisk evolved from a consumer memory card manufacturer into a titan of high-speed enterprise flash storage. The "AI Data Cycle" requires unprecedented levels of high-speed, high-capacity storage, making SanDisk's Enterprise SSDs (eSSDs) crucial.

4. Increased Data Center Demand: Data center operators have been rapidly replacing traditional mechanical drives with high-density Enterprise SSDs, leading to a scramble for SanDisk's products and fueling its stock ascent. This strong demand underscores the critical role of flash memory in the current technological environment.

5. Strong Financial Performance: The stock's significant ascent was further fueled by three consecutive earnings beats. This consistent strong financial performance confirmed investor confidence and highlighted the company's successful navigation of the evolving market.

Stock Movement Drivers

Fundamental Drivers

The 157.5% change in SNDK stock from 9/27/2025 to 12/27/2025 was primarily driven by a 138.5% change in the company's P/S Multiple.

	9272025	12272025	Change
Stock Price ($)	97.12	250.05	157.46%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	6495.74	7013.00	7.96%
P/S Multiple	2.17	5.17	138.47%
Shares Outstanding (Mil)	145.00	145.00	0.00%
Cumulative Contribution			157.46%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025

	Return	Correlation
SNDK	157.5%
Market (SPY)	4.3%	63.1%
Sector (XLK)	5.1%	68.4%

Fundamental Drivers

The 430.3% change in SNDK stock from 6/28/2025 to 12/27/2025 was primarily driven by a 374.8% change in the company's P/S Multiple.

	6282025	12272025	Change
Stock Price ($)	47.15	250.05	430.33%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	6278.89	7013.00	11.69%
P/S Multiple	1.09	5.17	374.81%
Shares Outstanding (Mil)	145.00	145.00	0.00%
Cumulative Contribution			430.33%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025

	Return	Correlation
SNDK	430.3%
Market (SPY)	12.6%	57.5%
Sector (XLK)	17.0%	60.6%

Fundamental Drivers

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Market Drivers

12/27/2024 to 12/27/2025

	Return	Correlation
SNDK
Market (SPY)	17.0%	54.9%
Sector (XLK)	24.0%	57.5%

Fundamental Drivers

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Market Drivers

12/28/2023 to 12/27/2025

	Return	Correlation
SNDK
Market (SPY)	48.0%	54.9%
Sector (XLK)	53.5%	57.5%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
SNDK Return	-	-	-	-	-	415%	415%
Peers Return	16%	38%	-12%	21%	26%	16%	150%
S&P 500 Return	16%	27%	-19%	24%	23%	18%	114%
Monthly Win Rates [3]
SNDK Win Rate	-	-	-	-	-	73%
Peers Win Rate	52%	65%	42%	68%	57%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
SNDK Max Drawdown	-	-	-	-	-	-39%
Peers Max Drawdown	-34%	-5%	-26%	-7%	-9%	-23%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

SNDK has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique Key	Event	XLK	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-34.0%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	51.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	278 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-31.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	46.0%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	79 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-24.1%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	31.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	105 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-53.6%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	115.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	1,183 days	1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

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Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About SanDisk (SNDK)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

SanDisk Corporation designs, develops, manufactures, and markets data storage solutions in the United States and internationally. The company offers solid state drives (SSDs) for client computing applications, which include desktop computers, notebook computers, tablets, and other computing devices, as well as offers enterprise SSD solutions for various storage interface protocols. It offers client SSDs in industry-standard and custom forms under SanDisk, SanDisk Ultra II, SanDisk ReadyCache, SanDisk SSD Plus, SanDisk Extreme, and SanDisk Extreme PRO brand names. The company also provides embedded products for mobile phones, tablets, notebooks, and other portable and wearable devices, as well as for automotive and connected home applications under the brand name iNAND. In addition, it offers removable products, including microSD removable cards for use in mobile products and eReaders; CompactFlash and Secure Digital removable cards for digital cameras and camcorders; USB flash drives for the computing and consumer markets; wireless drive products that allow wireless streaming of movies, photos, music, and documents on tablets, smartphones, and computers; and digital media player under the Sansa brand. Further, the company offers universal serial bus drives; memory wafers and components; and software solutions that are used in conjunction with flash storage products, as well as offers system solutions, such as InfiniFlash System, which provide petabyte scalable capacity with performance metrics. It sells its products directly and through distributors to original equipment manufacturers, system integrators, and value-added resellers, as well as consumer electronics stores, office superstores, mobile phone stores, mass merchants, e-commerce retailers, catalog and mail order companies, drug stores, supermarkets, convenience stores, and kiosks. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.

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Intel for flash memory

Western Digital for solid-state storage

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Flash Memory Cards: These portable storage devices, including SD, microSD, and CompactFlash, were primarily used in cameras, smartphones, and other consumer electronics.
USB Flash Drives: Also known as pen drives or thumb drives, these offered convenient, portable storage for documents, photos, and other digital files.
Solid State Drives (SSDs): Designed to replace traditional hard disk drives, these provided faster data access and greater durability for computers and enterprise storage systems.
Embedded Flash Solutions: These integrated flash memory components, such as eMMC and iNAND, were crucial for the internal storage of smartphones, tablets, and various industrial applications.

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SanDisk (SNDK), prior to its acquisition by Western Digital, primarily sold its products to other companies. These companies included Original Equipment Manufacturers (OEMs) who integrated SanDisk's flash memory solutions into their own products, as well as enterprise customers and cloud service providers utilizing SanDisk's Solid State Drives (SSDs) for data centers and IT infrastructure.

Some of SanDisk's major customers included:

Apple Inc. (AAPL) - A key OEM for embedded flash memory in mobile devices and other products.
HP Inc. (HPQ) - A major PC OEM that incorporated SanDisk SSDs and other flash components into its computing products.
Dell Technologies Inc. (DELL) - Another significant OEM for PCs and servers, and also a provider of enterprise storage solutions that utilized SanDisk technology.
Cisco Systems, Inc. (CSCO) - For various enterprise and data center solutions incorporating SanDisk's flash storage.
Amazon.com, Inc. (AMZN) - Primarily through its AWS cloud services, utilizing SanDisk enterprise SSDs for data center infrastructure.

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Toshiba Corporation (6502.T)

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David V. Goeckeler, Chairman and Chief Executive Officer

David Goeckeler is the Chairman and CEO of SanDisk Corporation, a role he assumed in February 2025 following the company's spin-off from Western Digital. Before leading the newly independent SanDisk, he served as the CEO of Western Digital, where he oversaw its separation into two public companies—Western Digital and SanDisk. Prior to his tenure at Western Digital, Goeckeler held the position of Executive Vice President and General Manager of Cisco's $34 billion Networking and Security business. He began his career at Bell Laboratories. Goeckeler currently serves as chairman of the board of directors of the Semiconductor Industry Association and the U.S.-Japan Business Council, and is also on the board of directors for ADP.

Luis Felipe Visoso Lomelin, Executive Vice President and Chief Financial Officer

Luis Visoso became the Executive Vice President and Chief Financial Officer of SanDisk Corporation in February 2025, concurrent with its separation from Western Digital. Before this, he was Chief Administrative Officer of Western Digital Corporation from August 2024. From March 2021 to August 2024, Visoso served as the CFO of Unity Software Inc. He also held the CFO position at Palo Alto Networks from July 2020 to March 2021 and was CFO of Amazon Web Services from December 2018 to July 2020. His career includes various finance leadership roles at Cisco Systems from 1993 to 2018 and at The Procter & Gamble Company. Visoso has served on the board of directors for Unity Software Inc. and Splunk Inc.

Alper Ilkbahar, Executive Vice President and Chief Technology Officer

Alper Ilkbahar serves as the Executive Vice President and Chief Technology Officer of SanDisk Corporation.

Bernard Shek, Chief Legal Officer and Secretary

Bernard Shek holds the position of Chief Legal Officer and Secretary at SanDisk Corporation.

Michael R. Pokorny, Vice President and Chief Accounting Officer

Michael R. Pokorny was appointed as SanDisk Corporation's Vice President and Chief Accounting Officer in March 2025. Prior to joining SanDisk, he served as Vice President, Controller at Splunk Inc. from November 2022 to October 2024. His experience also includes a significant period at Amazon.com, Inc., where he was Director, AWS Accounting, and earlier roles in commercial real estate finance and public accounting.

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Key Risks to SanDisk (SNDK) Business

Profitability Challenges and Volatile NAND Pricing: SanDisk faces significant challenges with profitability, evidenced by negative net margins and earnings per share in recent periods. The company's financial performance is highly susceptible to the cyclical nature of NAND flash memory pricing. While there is anticipation of increased NAND demand driven by AI, the memory market remains constrained and volatile, creating uncertainty around sustained pricing improvements. Although SanDisk is projected to return to profitability and positive free cash flow in fiscal Q1 2025, it experienced negative free cash flow in the preceding two years.
Intense Competition and Market Share Pressures: The NAND flash market is an oligopoly dominated by major players such as Samsung, SK Hynix, Micron Technology, and SanDisk's joint venture partner, Kioxia, leading to intense price competition. SanDisk's enterprise SSD segment, a previously high-growth and high-margin area, is under pressure from hyperscalers developing semi-custom solutions and competition from lower-priced Chinese ODM competitors.
Supply Chain Vulnerabilities and Macroeconomic Headwinds: SanDisk has experienced recent supply chain challenges. The broader computer storage devices industry, which includes SanDisk, is exposed to macroeconomic turbulence, escalating trade tensions (particularly with China), and their potential to disrupt global supply chains. Additionally, tariffs have contributed to increased operational costs for the company.

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For the public company SanDisk (symbol: SNDK), the addressable markets for its main products are as follows:

Flash Memory Cards

The global flash memory card market was valued at approximately USD 9.2 billion in 2024 and is projected to reach USD 12.9 billion by 2033, growing at a CAGR of 3.9% from 2025-2033.
Another estimate indicates the global flash memory card market size was USD 9.5 billion in 2024 and is projected to grow to USD 9.88 billion in 2025, reaching USD 12.02 billion by 2030, with a CAGR of 4.0% (2025-2030).
The Secure Digital (SD) card market alone was valued at USD 17.15 billion globally in 2023 and is expected to reach USD 24.18 billion by 2032. SD cards dominated the global market with about a 65% share in 2024.
The Asia-Pacific region accounted for nearly 48% of the total global revenue for flash memory cards in 2024.

USB Flash Drives

The global USB flash drives market was valued at USD 11.1 billion in 2024 and is anticipated to increase to USD 17.9 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.47% from 2025 to 2035.
Another estimate indicates the global USB Flash Drives Market size will be USD 6.14 billion in 2025.
The global USB 3.0 Flash Drives Market size was valued at USD 10.84 billion in 2024 and is expected to reach nearly USD 41.58 billion by 2032, growing at a CAGR of 18.3% from 2025 to 2032.

Solid-State Drives (SSDs)

The global solid-state drive (SSD) market size was valued at USD 65.08 billion in 2024 and is projected to grow from USD 76.53 billion in 2025 to reach USD 279.97 billion by 2033, with a CAGR of 17.6% (2025-2033).
Other estimations for the global SSD market size in 2024 include USD 17.79 billion and USD 36.40 billion. Projections for this market vary, with some indicating a growth to USD 82.22 billion by 2032 or USD 156.86 billion by 2035.
North America held a significant market share, with 38.22% in 2024.

Embedded Flash Solutions

The global embedded storage solutions market was valued at approximately USD 18.4 billion in 2024 and is anticipated to reach USD 45.2 billion by 2033, exhibiting a CAGR of 10.5% from 2025 to 2033.
The embedded flash drive market is estimated at USD 15 billion in 2025 and is projected to exhibit a CAGR of 12% from 2025 to 2033.
The Asia-Pacific region dominates the global embedded storage solutions market, accounting for approximately 60% of the total market value.

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SanDisk (SNDK), having re-emerged as an independent public company in February 2025 after its spin-off from Western Digital, is poised for future revenue growth driven by several key factors over the next two to three years.

Here are 3-5 expected drivers of SanDisk's future revenue growth:

Increasing demand for its leading flash memory technology and products: SanDisk's CEO, David Goeckeler, highlighted that customers are increasingly choosing SanDisk for its advanced technology and products, which are well-positioned to meet strengthening market demand. As a major global supplier of NAND flash memory, SanDisk benefits from the overall expansion of the flash memory market.
Significant expansion within the datacenter segment: The company's datacenter revenue saw a 26% sequential increase in the first quarter of fiscal year 2026. This growth is expected to continue with ongoing qualifications with two hyperscalers, plans for engagement with a third hyperscaler and a top storage OEM in calendar year 2026, and active engagement with five major hyperscale customers.
Adoption and ramp-up of advanced flash memory technologies: The rapid integration of new technologies, such as BiCS8, is a crucial driver. In its recent fiscal first quarter, BiCS8 technology already constituted 15% of total bits shipped, with expectations to represent the majority of bit production by the end of fiscal year 2026. The continuous innovation and deployment of next-generation flash memory solutions will drive sales and market share.
Strategic price increases and a robust order book: SanDisk has a strong backlog with its order book reportedly filled through 2026. The company anticipates "more substantial margins next year through price hikes," indicating that strategic pricing adjustments will contribute to revenue growth.

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SanDisk (SNDK) was acquired by Western Digital (WDC) in May 2016. On February 24, 2025, Western Digital spun off its flash storage business, which re-emerged as an independent public company under the SanDisk name (SNDK). Therefore, the capital allocation decisions below reflect the period from February 2025 to November 2025, as SanDisk operated as part of Western Digital prior to this spin-off.

Share Repurchases

As of November 8, 2025, SanDisk's 6-Month Share Buyback Ratio was -1.38, indicating no share repurchases were made during this period.

Share Issuance

On June 6, 2025, a secondary public offering of 18,534,581 shares of SanDisk common stock, owned by former parent Western Digital Corporation, was priced.
SanDisk did not sell any shares or receive any proceeds from this secondary offering.
The offering size was increased from the originally proposed 17,000,000 shares.

Inbound Investments

In the third quarter of 2025, institutional investors acquired significant new positions in SanDisk, including Vanguard Group Inc. ($1,970,388,000), Parnassus Investments LLC ($103,815,000), Principal Financial Group Inc. ($74,265,000), and Public Sector Pension Investment Board ($60,415,000).

Outbound Investments

The net change in long-term investments for SanDisk for the twelve months ending June 30, 2025, was reported at $2 million.

Capital Expenditures

For the first fiscal quarter of 2026 (reported November 6, 2025), SanDisk's total cash capital expenditures were $40 million, representing 1.7% of revenue.
Gross capital expenditures, including its share of joint venture investments, amounted to $387 million or 16.8% of revenue for the first fiscal quarter of 2026, primarily focused on supporting technology transitions.
SanDisk anticipates generating positive free cash flow in the second fiscal quarter of 2026, despite ongoing capital investments to facilitate the BiCS8 technology transition, which is expected to be a significant focus by the end of the fiscal year.

Better Bets than SanDisk (SNDK)

INDUSTRY: Technology Hardware, Storage & Peripherals

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SECTOR: Information Technology

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Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for SNDK: 7.7% | 94.6x)

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Higher Rev Chg LTM (Value for SNDK: 10.9%)

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Broadcom

NVDA (41.3%)

NVIDIA

MSFT (26.6%)

Microsoft

AAPL (23.5%)

Apple

Higher Total Yield (Value for SNDK: -4.8%)

ORCL (3.7%)

Oracle

MSFT (3.6%)

Microsoft

AAPL (2.8%)

Apple

NVDA (2.2%)

NVIDIA

AVGO (1.4%)

Broadcom

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for SNDK: 7.7% | 4.7x)

AMZN (11.3% | 3.7x)

Amazon.com

BRK-B (19.8% | 2.7x)

Berkshire Hathaway

UNH (11.4% | 0.7x)

UnitedHealth

AXP (11.6% | 3.7x)

American Express

RTX (9.4% | 2.9x)

RTX

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for SNDK: 7.7% | 94.6x)

GOOGL (11.0% | 30.5x)

Alphabet

AMZN (11.3% | 32.5x)

Amazon.com

META (17.3% | 20.4x)

Meta Platforms

LLY (23.4% | 42.3x)

Eli Lilly

MA (13.2% | 29.8x)

Mastercard

Higher Rev Chg LTM (Value for SNDK: 10.9%)

LLY (36.8%)

Eli Lilly

META (21.3%)

Meta Platforms

MA (14.6%)

Mastercard

GOOGL (13.4%)

Alphabet

V (11.3%)

Visa

Higher Rev Chg 3Y Avg (Value for SNDK: 7.7%)

BRK-B (19.8%)

Berkshire Hathaway

META (17.3%)

Meta Platforms

AMZN (11.3%)

Amazon.com

GOOGL (11.0%)

Alphabet

TSLA (9.3%)

Tesla

Higher Op Mgn LTM (Value for SNDK: 5.0%)

META (43.2%)

Meta Platforms

LLY (43.0%)

Eli Lilly

GOOGL (32.2%)

Alphabet

AMZN (11.4%)

Amazon.com

TSLA (5.1%)

Tesla

Higher CFO/Rev LTM (Value for SNDK: 9.0%)

META (56.8%)

Meta Platforms

GOOGL (39.3%)

Alphabet

AMZN (18.1%)

Amazon.com

TSLA (16.5%)

Tesla

BRK-B (9.8%)

Berkshire Hathaway

Higher FCF/Rev LTM (Value for SNDK: 6.6%)

MA (52.5%)

Mastercard

META (23.7%)

Meta Platforms

GOOGL (19.1%)

Alphabet

XOM (7.3%)

Exxon Mobil

TSLA (7.1%)

Tesla

Higher Total Yield (Value for SNDK: -4.8%)

BRK-B (6.3%)

Berkshire Hathaway

META (3.8%)

Meta Platforms

GOOGL (3.5%)

Alphabet

AMZN (2.9%)

Amazon.com

TSLA (0.3%)

Tesla

		Best Bets In Information Technology Sector
	SNDK	VRSN	IDCC	NVDA	RMBS	GEN	ZM	DBX	YOU	MPWR	DAVE
What You Pay
P/E	-21.0	28.3	17.2	46.7	44.3	30.0	16.5	14.5	19.0	23.9	21.0
P/EBIT	-24.0	20.5	13.9	39.8	37.7	10.7	23.9	11.8	20.7	65.5	24.0
What You Get
Rev Chg Q	22.6%	7.3%	28.0%	62.5%	22.7%	25.3%	4.4%	-0.7%	15.5%	18.9%	63.0%
Rev Chg LTM	10.9%	5.5%	28.8%	65.2%	31.0%	16.2%	3.8%	-0.4%	17.8%	30.5%	53.8%
Rev Chg 3Y Avg	7.7%	5.2%	27.1%	91.6%	17.3%	16.5%	3.4%	3.4%	31.0%	17.2%	38.6%
FCF/Rev 3Y Avg	�	57.4%	54.2%	43.4%	39.3%	36.7%	36.1%	33.4%	32.5%	28.6%	26.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	SanDisk Earnings Notes
2	SanDisk Stock (+2.1%): Datacenter Demand Pulls Stock Higher	Notification
3	SanDisk Earnings Notes
4	SanDisk Stock (+8.3%): Micron Halo Ignites Sector Re-Rate	Notification
5	SanDisk (SNDK) Operating Cash Flow Comparison	Financials
6	SanDisk (SNDK) Debt Comparison	Financials
7	SanDisk (SNDK) Tax Expense Comparison	Financials
8	SanDisk (SNDK) EBITDA Comparison	Financials
9	SanDisk (SNDK) Revenue Comparison	Financials
10	SanDisk (SNDK) Net Income Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select ideas related to SNDK. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	14.4%	14.4%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	13.1%	13.1%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	17.3%	17.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	12.0%	12.0%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	5.5%	5.5%	0.0%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ZETA	Zeta Global	4.6	8.3%	15.1%
SGML	Sigma Lithium	1.6	7.3%	29.2%
USAS	Americas Gold And Silver	1.6	6.6%	557.6%
CPNG	Coupang	44.2	6.4%	10.4%
LION	Lionsgate Studios	2.7	4.6%	-69.9%
BBW	Build-A-Bear Workshop	0.8	4.4%	37.8%
XRAY	Dentsply Sirona	2.3	4.2%	-36.3%
BLMN	Bloomin Brands	0.6	3.8%	-41.2%
FUN	Six Flags Entertainment	1.5	3.8%	-69.1%
SVM	Silvercorp Metals	1.9	3.6%	198.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FLY	Firefly Aerospace	3.3	-13.7%	-61.3%
TMC	TMC The Metals	2.5	-10.5%	508.9%
ORGO	Organogenesis	0.7	-10.1%	64.8%
AAOI	Applied Optoelectronics	2.4	-9.3%	0.8%
BKSY	BlackSky Technology	0.7	-9.0%	79.0%
LUNR	Intuitive Machines	1.8	-8.7%	-16.0%
RCAT	Red Cat	0.8	-8.7%	-35.4%
RGTI	Rigetti Computing	6.7	-8.7%	46.7%
RDW	Redwire	1.0	-8.6%	-56.6%
RKLB	Rocket Lab	36.4	-8.5%	177.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	0.9	71.5%	59.0%
RZLT	Rezolute	0.3	44.3%	-45.5%
DVAX	Dynavax Technologies	1.8	41.5%	20.4%
LUNR	Intuitive Machines	1.8	40.6%	-16.0%
UAMY	United States Antimony	0.7	39.0%	252.5%
FOLD	Amicus Therapeutics	4.4	30.9%	51.3%
ADEA	Adeia	1.9	30.3%	23.0%
HUT	Hut 8	5.2	28.6%	142.3%
AAOI	Applied Optoelectronics	2.4	27.1%	0.8%
SGML	Sigma Lithium	1.6	24.9%	29.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TPL	Texas Pacific Land	6.6	-67.9%	-21.5%
LW	Lamb Weston	5.9	-29.0%	-35.3%
TLRY	Tilray Brands	10.2	-22.2%	-27.8%
TDUP	ThredUp	0.8	-18.2%	348.2%
LAB	Standard BioTools	0.5	-16.9%	-21.1%
OLMA	Olema Pharmaceuticals	2.2	-14.9%	349.9%
EVEX	Eve	1.4	-12.0%	-21.9%
IRON	Disc Medicine	2.8	-11.2%	26.7%
AVO	Mission Produce	0.8	-11.1%	-18.8%
CABO	Cable One	0.7	-10.6%	-67.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TLRY	Tilray Brands	10.2	876.4%	-27.8%
HPP	Hudson Pacific Properties	4.7	452.7%	-51.0%
WVE	WAVE Life Sciences	2.9	139.2%	43.7%
TE	T1 Energy	1.1	106.7%	400.0%
VERA	Vera Therapeutics	3.4	82.1%	26.7%
OMER	Omeros	0.9	66.2%	59.0%
RKLB	Rocket Lab	36.4	65.8%	177.4%
PL	Planet Labs PBC	5.9	65.0%	379.2%
AAOI	Applied Optoelectronics	2.4	63.5%	0.8%
LUNR	Intuitive Machines	1.8	62.4%	-16.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-72.0%	-45.5%
JANX	Janux Therapeutics	0.9	-59.0%	-73.4%
FRMI	Fermi	5.3	-46.0%	-76.6%
LENZ	LENZ Therapeutics	0.5	-43.5%	-41.6%
GOGO	Gogo	0.6	-35.3%	-43.0%
HPK	HighPeak Energy	0.5	-33.9%	-70.4%
PACB	Pacific Biosciences of California	0.5	-32.7%	-3.3%
LDI	loanDepot	0.4	-29.6%	3.9%
ORIC	ORIC Pharmaceuticals	0.6	-29.0%	2.2%
LW	Lamb Weston	5.9	-28.6%	-35.3%

Peer Comparisons for SanDisk

Peers to compare with:

Financials

	SNDK	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	SanDisk	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Price	250.05	23.26	24.49	305.09	78.16	273.40	164.11
Mkt Cap	36.5	21.9	32.6	284.9	309.2	4,074.4	160.7
Rev LTM	7,780	55,295	34,296	65,402	57,696	408,625	56,496
Op Inc LTM	386	3,624	1,644	11,544	12,991	130,214	7,584
FCF LTM	516	2,800	627	11,854	12,733	96,184	7,327
FCF 3Y Avg	-	2,978	1,400	11,753	13,879	100,503	11,753
CFO LTM	703	3,697	2,919	13,483	13,744	108,565	8,590
CFO 3Y Avg	-	3,672	3,896	13,498	14,736	111,559	13,498

Growth & Margins

	SNDK	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	SanDisk	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Rev Chg LTM	10.9%	3.2%	13.8%	4.5%	8.9%	6.0%	7.4%
Rev Chg 3Y Avg	7.7%	-3.9%	6.5%	2.6%	3.7%	1.8%	3.2%
Rev Chg Q	22.6%	4.2%	14.4%	9.1%	7.5%	9.6%	9.4%
QoQ Delta Rev Chg LTM	5.8%	1.1%	3.7%	2.1%	1.8%	2.1%	2.1%
Op Mgn LTM	5.0%	6.6%	4.8%	17.7%	22.5%	31.9%	12.1%
Op Mgn 3Y Avg	8.0%	7.4%	7.2%	16.4%	24.2%	30.8%	12.2%
QoQ Delta Op Mgn LTM	-1.9%	-0.2%	-1.4%	0.6%	0.4%	0.1%	-0.1%
CFO/Rev LTM	9.0%	6.7%	8.5%	20.6%	23.8%	26.6%	14.8%
CFO/Rev 3Y Avg	-	6.8%	12.7%	21.4%	26.1%	28.4%	21.4%
FCF/Rev LTM	6.6%	5.1%	1.8%	18.1%	22.1%	23.5%	12.4%
FCF/Rev 3Y Avg	-	5.5%	4.6%	18.6%	24.6%	25.6%	18.6%

Valuation

	SNDK	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	SanDisk	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Cap	36.5	21.9	32.6	284.9	309.2	4,074.4	160.7
P/S	4.7	0.4	1.0	4.4	5.4	10.0	4.5
P/EBIT	-24.0	6.8	19.9	25.1	22.5	31.3	21.2
P/E	-21.0	8.6	572.7	36.0	29.9	41.0	33.0
P/CFO	51.9	5.9	11.2	21.1	22.5	37.5	21.8
Total Yield	-4.8%	14.1%	2.3%	5.0%	5.4%	2.8%	3.9%
Dividend Yield	0.0%	2.5%	2.1%	2.2%	2.1%	0.4%	2.1%
FCF Yield 3Y Avg	-	10.6%	5.5%	6.4%	6.0%	3.1%	6.0%
D/E	0.0	0.5	0.7	0.2	0.1	0.0	0.2
Net D/E	0.0	0.3	0.6	0.2	0.0	0.0	0.1

Returns

	SNDK	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	SanDisk	HP	Hewlett .	Internat.	Cisco Sy.	Apple
1M Rtn	16.3%	-1.8%	14.4%	0.6%	2.7%	-1.5%	1.7%
3M Rtn	157.5%	-11.9%	2.7%	7.9%	17.0%	7.1%	7.5%
6M Rtn	430.3%	-4.0%	34.5%	6.6%	15.2%	36.3%	24.9%
12M Rtn	414.5%	-27.0%	16.2%	40.5%	34.5%	7.5%	25.3%
3Y Rtn	414.5%	-1.9%	71.1%	143.1%	81.3%	120.2%	100.7%
1M Excs Rtn	11.0%	-5.6%	12.9%	-2.2%	-0.0%	-3.7%	-1.1%
3M Excs Rtn	153.2%	-16.2%	-1.7%	3.6%	12.7%	2.8%	3.2%
6M Excs Rtn	418.1%	-16.3%	22.3%	-5.7%	3.0%	24.0%	12.6%
12M Excs Rtn	398.5%	-42.9%	-0.7%	25.0%	19.9%	-8.4%	9.6%
3Y Excs Rtn	333.2%	-83.5%	-11.2%	59.6%	-1.2%	28.4%	13.6%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 6/27	LTM	2025	2024	2023
Period End	10/3/2025	6/27/2025	6/28/2024	6/30/2023
Filing Date	11/7/2025	8/21/2025	8/21/2025	8/21/2025
Key Financials
Total Revenue	7,780	7,355	6,663	6,086
EBITDA	-1,376	-1,253	-239	-1,523
Operating Income	386	507	-444	-1,295
Net Income	-1,740	-1,641	-672	-2,143
EPS	-12.00	-11.32	-4.63	-14.78
Growth Rates
Total Revenue Growth	10.9%	10.4%	9.5%	9.4%
EBITDA Growth	-403.8%	-424.3%	84.3%	-219.4%
Operating Income Growth	-7.0%	214.2%	65.7%	-277.2%
Net Income Growth	-3152.6%	-144.2%	68.6%	-651.6%
Margins
EBITDA Margin	-17.7%	-17.0%	-3.6%	-25.0%
Operating Income Margin	5.0%	6.9%	-6.7%	-21.3%
Net Income Margin	-22.4%	-22.3%	-10.1%	-35.2%
Cash & Debt
Total Cash	1,442	1,481	328	�
Total Debt	1,539	2,042	985	0
Net Debt / (Cash)	97	561	657	�
Cash Flows
Net Cash from Operations	703	84	-309	-713
Free Cash from Operations	516	-120	-475	-932
Returns to Shareholders
Dividends	0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0

$ Mil \| FY: 6/27	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2
Period End	10/3/2025	6/27/2025	3/28/2025	12/27/2024	9/27/2024	6/28/2024	3/29/2024	12/29/2023
Filing Date	11/7/2025	8/21/2025	5/12/2025	3/7/2025	11/7/2025	8/21/2025	5/12/2025	3/7/2025
Key Financials Quarterly
Total Revenue	2,308	1,901	1,695	1,876	1,883	1,760	1,705	1,665
Ebitda	200	59	-1,848	213	323	260	119	-249
Operating Income	192	51	-42	185	313	221	79	-198
Net Income	112	-23	-1,933	104	211	120	27	-301
EPS	0.77	-0.16	-13.33	0.72	1.46	0.83	0.19	-2.08
Key Financials TTM
Total Revenue TTM	7,780	7,355	7,214	7,224	7,013	6,496	6,279	6,026
Ebitda TTM	-1,376	-1,253	-1,052	915	453	415	538	820
Operating Income TTM	386	507	677	798	415	258	257	417
Net Income TTM	-1,740	-1,641	-1,498	462	57	-76	-60	46
Growth Rates Quarterly
Total Revenue Growth	22.6%	8.0%	-0.6%	12.7%	37.9%	14.1%	17.4%	34.6%
EBITDA Growth	-38.1%	-77.3%	-1652.9%	185.5%	13.2%	-32.0%	-70.3%	-192.6%
Operating Income Growth	-38.7%	-76.9%	-153.2%	193.4%	100.5%	0.4%	-66.8%	-274.2%
Net Income Growth	-46.9%	-119.2%	-7259.3%	134.6%	169.3%	-11.4%	-79.7%	-471.7%
Margins Quarterly
EBITDA Margin	8.7%	3.1%	-109.0%	11.4%	17.2%	14.8%	7.0%	-15.0%
Operating Income Margin	8.3%	2.7%	-2.5%	9.9%	16.6%	12.6%	4.6%	-11.9%
Net Income Margin	4.9%	-1.2%	-114.0%	5.5%	11.2%	6.8%	1.6%	-18.1%
Cash & Debt
Total Cash	1,442	1,481	1,507	804	-	328	-	-
Total Debt	1,539	2,042	2,143	732	0	985	0	0
Net Debt / (Cash)	97	561	636	-72	-	657	-	-
Cash Flows Quarterly
FCF from Operations	488	94	26	95	-131	-130	-12	-
Cash Flows TTM
FCF from Operations TTM	703	84	-140	-178	-	-	-	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	6.2%	1.8%	-1.5%	3.7%	-	4.6%	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	3.5%	4.4%	5.9%	4.5%	-	2.2%	-	-

Segment Financials

Revenue by Segment

$ Mil	2025	2024
Single segment	6,663	6,086
Total	6,663	6,086

Net Income by Segment

$ Mil	2025	2024
Single segment	-672	-2,143
Total	-672	-2,143

Price Behavior

Price Behavior

Market Price	$250.05
Market Cap ($ Bil)	36.5
First Trading Date	12/29/2006
Distance from 52W High	-11.7%
	50 Days	200 Days
DMA Price	$149.33	$149.32
DMA Trend	up	up
Distance from DMA	67.5%	67.5%
	3M	1YR
Volatility	118.5%	93.0%
Downside Capture	550.08	228.60
Upside Capture	919.85	379.37
Correlation (SPY)	61.9%

SNDK Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	6.66	5.80	6.07	4.32	-0.18	0.06
Up Beta	2.27	1.79	2.90	2.68	-0.38	-1.27
Down Beta	13.33	6.27	6.70	5.49	-0.53	-0.94
Up Capture	1029%	1704%	2904%	2041%	1043%	117%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	13	24	41	76	107	107
Down Capture	539%	397%	320%	209%	130%	85%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	7	18	22	49	85	85

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

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Based On 5-Year Data

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Based On 10-Year Data

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Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	6,930,918
Short Interest: % Change Since 11302025	-3.1%
Average Daily Volume	8,863,121
Days-to-Cover Short Interest	1
Basic Shares Quantity	146,000,000
Short % of Basic Shares	4.7%

Returns Analyses

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Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/6/2025	15.3%	17.3%	5.7%
8/14/2025	-4.6%	-2.5%	93.0%
5/7/2025	4.8%	19.9%	12.0%
SUMMARY STATS
# Positive	2	2	3
# Negative	1	1	0
Median Positive	10.1%	18.6%	12.0%
Median Negative	-4.6%	-2.5%
Max Positive	15.3%	19.9%	93.0%
Max Negative	-4.6%	-2.5%

	Forward Returns
11/6/2025	15.3%	17.3%	5.7%
8/14/2025	-4.6%	-2.5%	93.0%
5/7/2025	4.8%	19.9%	12.0%
SUMMARY STATS
# Positive	2	2	3
# Negative	1	1	0
Median Positive	10.1%	18.6%	12.0%
Median Negative	-4.6%	-2.5%
Max Positive	15.3%	19.9%	93.0%
Max Negative	-4.6%	-2.5%

SEC Filings

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Report Date	Filing Date	Filing
9302025	11072025	10-Q 10/3/2025
6302025	8212025	10-K 6/27/2025
3312025	5122025	10-Q 3/28/2025
12312024	3072025	10-Q 12/27/2024
3312016	5022016	10-Q 4/3/2016
12312015	2122016	10-K 1/3/2016
9302015	10302015	10-Q 9/27/2015
6302015	7312015	10-Q 6/28/2015
3312015	4302015	10-Q 3/29/2015
12312014	2102015	10-K 12/28/2014
9302014	11032014	10-Q 9/28/2014
6302014	7312014	10-Q 6/29/2014
3312014	5012014	10-Q 3/30/2014
12312013	2212014	10-K 12/29/2013
9302013	10222013	10-Q 9/29/2013
6302013	7302013	10-Q 6/30/2013

Insider Activity

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Industry Resources

Technology Hardware, Storage & Peripherals Resources

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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SanDisk (SNDK)

Market Price (12/28/2025): $250.49 | Market Cap: $36.6 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

SanDisk (SNDK)

Market Price (12/28/2025): $250.49Market Cap: $36.6 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

SNDK Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About SanDisk (SNDK)

Key Risks to SanDisk (SNDK) Business

Flash Memory Cards

USB Flash Drives

Solid-State Drives (SSDs)

Embedded Flash Solutions

Share Repurchases

Share Issuance

Inbound Investments

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets than SanDisk (SNDK)

INDUSTRY: Technology Hardware, Storage & Peripherals

Higher Rev Chg 3Y Avg | Lower P/S (Values for SNDK: 7.7% | 4.7x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for SNDK: 7.7% | 94.6x)

Higher Rev Chg LTM (Value for SNDK: 10.9%)

Higher Rev Chg 3Y Avg (Value for SNDK: 7.7%)

Higher Op Mgn LTM (Value for SNDK: 5.0%)

Higher CFO/Rev LTM (Value for SNDK: 9.0%)

Higher FCF/Rev LTM (Value for SNDK: 6.6%)

Higher Total Yield (Value for SNDK: -4.8%)

SECTOR: Information Technology

Higher Rev Chg 3Y Avg | Lower P/S (Values for SNDK: 7.7% | 4.7x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for SNDK: 7.7% | 94.6x)

Higher Rev Chg LTM (Value for SNDK: 10.9%)

Higher Rev Chg 3Y Avg (Value for SNDK: 7.7%)

Higher Op Mgn LTM (Value for SNDK: 5.0%)

Higher CFO/Rev LTM (Value for SNDK: 9.0%)

Higher FCF/Rev LTM (Value for SNDK: 6.6%)

Higher Total Yield (Value for SNDK: -4.8%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for SNDK: 7.7% | 4.7x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for SNDK: 7.7% | 94.6x)

Higher Rev Chg LTM (Value for SNDK: 10.9%)

Higher Rev Chg 3Y Avg (Value for SNDK: 7.7%)

Higher Op Mgn LTM (Value for SNDK: 5.0%)

Higher CFO/Rev LTM (Value for SNDK: 9.0%)

Higher FCF/Rev LTM (Value for SNDK: 6.6%)

Higher Total Yield (Value for SNDK: -4.8%)

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Market Price (12/28/2025): $250.49 | Market Cap: $36.6 Bil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Market Price (12/28/2025): $250.49
Market Cap: $36.6 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals