Symbols / SNDK $772.09 +2.44%
SNDK Chart
About
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers 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.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Computer Hardware | Market Cap | 113.96B |
| Enterprise Value | 113.21B | Income | -1.04B | Sales | 8.93B |
| Book/sh | 69.01 | Cash/sh | 10.43 | Dividend Yield | — |
| Payout | 0.00% | Employees | 11000 | IPO | — |
| P/E | — | Forward P/E | 8.83 | PEG | — |
| P/S | 12.76 | P/B | 11.19 | P/C | — |
| EV/EBITDA | 79.44 | EV/Sales | 12.68 | Quick Ratio | 1.73 |
| Current Ratio | 3.11 | Debt/Eq | 7.96 | LT Debt/Eq | — |
| EPS (ttm) | -7.49 | EPS next Y | 87.40 | EPS Growth | 6.18% |
| Revenue Growth | 61.20% | Earnings | 2026-05-06 | ROA | 5.87% |
| ROE | -9.37% | ROIC | — | Gross Margin | 34.81% |
| Oper. Margin | 35.50% | Profit Margin | -11.66% | Shs Outstand | 147.60M |
| Shs Float | 139.06M | Short Float | 9.03% | Short Ratio | 0.38 |
| Short Interest | — | 52W High | 776.00 | 52W Low | 27.89 |
| Beta | — | Avg Volume | 17.89M | Volume | 21.05M |
| Target Price | $761.11 | Recom | Buy | Prev Close | $753.69 |
| Price | $772.09 | Change | 2.44% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$761.11
Mean price target
2. Current target
$772.09
Latest analyst target
3. DCF / Fair value
$152.62
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$772.09
Low
$600.00
High
$1000.00
Mean
$761.11
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-19 | main | Citigroup | Buy → Buy | $875 |
| 2026-03-18 | init | KGI Securities | — → Outperform | $992 |
| 2026-02-02 | main | Citigroup | Buy → Buy | $750 |
| 2026-02-02 | main | Barclays | Equal-Weight → Equal-Weight | $750 |
| 2026-01-30 | main | Jefferies | Buy → Buy | $700 |
| 2026-01-30 | main | Goldman Sachs | Buy → Buy | $700 |
| 2026-01-30 | main | RBC Capital | Sector Perform → Sector Perform | — |
| 2026-01-30 | main | Morgan Stanley | Overweight → Overweight | $690 |
| 2026-01-30 | main | Cantor Fitzgerald | Overweight → Overweight | $800 |
| 2026-01-30 | main | Wedbush | Outperform → Outperform | $740 |
| 2026-01-20 | main | Citigroup | Buy → Buy | $490 |
| 2026-01-15 | main | Wells Fargo | Equal-Weight → Equal-Weight | $380 |
| 2026-01-15 | main | Benchmark | Buy → Buy | $450 |
| 2026-01-15 | init | RBC Capital | — → Sector Perform | $400 |
| 2026-01-14 | main | Bernstein | Outperform → Outperform | $580 |
| 2026-01-09 | main | Mizuho | Outperform → Outperform | $410 |
| 2026-01-07 | main | B of A Securities | Buy → Buy | $390 |
| 2025-12-08 | main | Susquehanna | Positive → Positive | $300 |
| 2025-12-08 | init | JP Morgan | — → Neutral | $235 |
| 2025-12-05 | init | China Renaissance | — → Buy | $322 |
- SanDisk (SNDK) Valuation Check After AI Driven Stock Rally And Multi Year Data Center Deals - simplywall.st Wed, 18 Mar 2026 14
- SanDisk's Quiet AI Boom Could Still Surprise Investors - Seeking Alpha Wed, 18 Mar 2026 03
- Can Sandisk Become the Next Trillion-Dollar Stock? - The Motley Fool Wed, 18 Mar 2026 20
- SanDisk Stock (SNDK) Unchained After Flash Divorce — My Bullish Outlook - TipRanks hu, 19 Mar 2026 16
- Sandisk (SNDK) Is Up 19.5% After Locking In Multi‑Year AI Data Center Supply Deals - What's Changed - Yahoo Finance ue, 17 Mar 2026 04
- Sandisk in focus as Citi ups price target after Micron results suggest continued strength (SNDK:NASDAQ) - Seeking Alpha hu, 19 Mar 2026 12
- SanDisk Stock (SNDK) Hit All-Time High on Wednesday — What’s Driving the Stock? - TipRanks hu, 19 Mar 2026 03
- SanDisk Stock (SNDK) Is Down 5% In Pre-Market Today. Is the Dip a “Gift” for Investors? - TipRanks hu, 19 Mar 2026 10
- Seeking Big Gains? 3 Key Traits of Outperforming Stocks - TradingView ue, 17 Mar 2026 23
- 4 stocks to watch on Thursday: RIVN, SNDK, TSLA, MRK - Seeking Alpha hu, 19 Mar 2026 12
- SanDisk Stock (SNDK) Slips Even After Citi Lifts Target to $875 as AI Rally Faces Valuation Test - TechStock² hu, 19 Mar 2026 16
- SanDisk Stock Surges 25%, With A 5-Day Winning Spree - Trefis Fri, 20 Mar 2026 04
- 2,033,708 Common Stock of Sandisk Corporation are subject to a Lock-Up Agreement Ending on 20-MAR-2026. - marketscreener.com Fri, 20 Mar 2026 00
- SanDisk (SNDK) Stock Skyrockets 132% YTD in 2026 Amid AI Memory Supercycle - FinancialContent Mon, 16 Mar 2026 21
- SanDisk Stock (SNDK) Opinions on 50% Weekly Surge - Quiver Quantitative ue, 17 Mar 2026 14
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 14500 | — | — | Stock Gift at price 0.00 per share. | CAULFIELD THOMAS | Director | — | 2026-03-03 00:00:00 | D |
| 1 | 3500 | 2196360.0 | — | Sale at price 627.53 per share. | SUZUKI MIYUKI | Director | — | 2026-02-25 00:00:00 | D |
| 2 | 863 | — | — | Stock Award(Grant) at price 0.00 per share. | BRADLEY ALEXANDER R. | Director | — | 2025-12-30 00:00:00 | D |
| 3 | 1271 | 248027.0 | — | Sale at price 195.14 per share. | SAYINER NECIP | Director | — | 2025-12-03 00:00:00 | D |
| 4 | 979 | — | — | Stock Award(Grant) at price 0.00 per share. | SAYINER NECIP | Director | — | 2025-11-18 00:00:00 | D |
| 5 | 979 | — | — | Stock Award(Grant) at price 0.00 per share. | CAULFIELD THOMAS | Director | — | 2025-11-18 00:00:00 | D |
| 6 | 979 | — | — | Stock Award(Grant) at price 0.00 per share. | KUMAR DEVINDER | Director | — | 2025-11-18 00:00:00 | D |
| 7 | 979 | — | — | Stock Award(Grant) at price 0.00 per share. | SHOOK ELLYN J | Director | — | 2025-11-18 00:00:00 | D |
| 8 | 979 | — | — | Stock Award(Grant) at price 0.00 per share. | SUZUKI MIYUKI | Director | — | 2025-11-18 00:00:00 | D |
| 9 | 1143 | — | — | Stock Award(Grant) at price 0.00 per share. | CASSIDY RICHARD B II | Director | — | 2025-11-18 00:00:00 | D |
Financials
| Line Item | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| TaxEffectOfUnusualItems | -395.64M | -5.04M | -155.40M |
| TaxRateForCalcs | 0.21 | 0.21 | 0.21 |
| NormalizedEBITDA | 631.00M | -215.00M | -783.00M |
| TotalUnusualItems | -1.88B | -24.00M | -740.00M |
| TotalUnusualItemsExcludingGoodwill | -1.88B | -24.00M | -740.00M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -1.64B | -672.00M | -2.14B |
| ReconciledDepreciation | 163.00M | 224.00M | 448.00M |
| ReconciledCostOfRevenue | 5.14B | 5.59B | 5.66B |
| EBITDA | -1.25B | -239.00M | -1.52B |
| EBIT | -1.42B | -463.00M | -1.97B |
| NetInterestIncome | -41.00M | -28.00M | -10.00M |
| InterestExpense | 63.00M | 40.00M | 31.00M |
| InterestIncome | 22.00M | 12.00M | 21.00M |
| NormalizedIncome | -152.64M | -653.04M | -1.56B |
| NetIncomeFromContinuingAndDiscontinuedOperation | -1.64B | -672.00M | -2.14B |
| TotalExpenses | 6.85B | 7.11B | 7.38B |
| TotalOperatingIncomeAsReported | -1.38B | -468.00M | -2.04B |
| DilutedAverageShares | 145.00M | 145.00M | 145.00M |
| BasicAverageShares | 145.00M | 145.00M | 145.00M |
| DilutedEPS | -11.32 | -4.63 | -14.78 |
| BasicEPS | -11.32 | -4.63 | -14.78 |
| DilutedNIAvailtoComStockholders | -1.64B | -672.00M | -2.14B |
| NetIncomeCommonStockholders | -1.64B | -672.00M | -2.14B |
| NetIncome | -1.64B | -672.00M | -2.14B |
| NetIncomeIncludingNoncontrollingInterests | -1.64B | -672.00M | -2.14B |
| NetIncomeContinuousOperations | -1.64B | -672.00M | -2.14B |
| TaxProvision | 162.00M | 169.00M | 141.00M |
| PretaxIncome | -1.48B | -503.00M | -2.00B |
| OtherIncomeExpense | -1.95B | -31.00M | -697.00M |
| OtherNonOperatingIncomeExpenses | -61.00M | -7.00M | 43.00M |
| SpecialIncomeCharges | -1.88B | -24.00M | -740.00M |
| GainOnSaleOfBusiness | -33.00M | -64.00M | 0.00 |
| ImpairmentOfCapitalAssets | 1.83B | 0.00 | 671.00M |
| RestructuringAndMergernAcquisition | 21.00M | -40.00M | 69.00M |
| NetNonOperatingInterestIncomeExpense | -41.00M | -28.00M | -10.00M |
| InterestExpenseNonOperating | 63.00M | 40.00M | 31.00M |
| InterestIncomeNonOperating | 22.00M | 12.00M | 21.00M |
| OperatingIncome | 507.00M | -444.00M | -1.29B |
| OperatingExpense | 1.71B | 1.52B | 1.73B |
| ResearchAndDevelopment | 1.13B | 1.06B | 1.17B |
| SellingGeneralAndAdministration | 573.00M | 455.00M | 558.00M |
| GrossProfit | 2.21B | 1.07B | 430.00M |
| CostOfRevenue | 5.14B | 5.59B | 5.66B |
| TotalRevenue | 7.36B | 6.66B | 6.09B |
| OperatingRevenue | 7.36B | 6.66B | 6.09B |
| Line Item | 2025-06-30 | |
|---|---|---|
| OrdinarySharesNumber | 146.00M | |
| ShareIssued | 146.00M | |
| NetDebt | 368.00M | 486.00M |
| TotalDebt | 2.04B | 985.00M |
| TangibleBookValue | 4.22B | 3.88B |
| InvestedCapital | 11.06B | 11.90B |
| WorkingCapital | 3.66B | 1.43B |
| NetTangibleAssets | 4.22B | 3.88B |
| CapitalLeaseObligations | 193.00M | 171.00M |
| CommonStockEquity | 9.22B | 11.08B |
| TotalCapitalization | 11.04B | 11.08B |
| TotalEquityGrossMinorityInterest | 9.22B | 11.08B |
| StockholdersEquity | 9.22B | 11.08B |
| GainsLossesNotAffectingRetainedEarnings | -249.00M | -452.00M |
| OtherEquityAdjustments | -249.00M | -452.00M |
| RetainedEarnings | -1.78B | 0.00 |
| AdditionalPaidInCapital | 11.25B | 0.00 |
| CapitalStock | 1.00M | 11.53B |
| CommonStock | 1.00M | 11.53B |
| TotalLiabilitiesNetMinorityInterest | 3.77B | 2.42B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 2.34B | 301.00M |
| OtherNonCurrentLiabilities | 62.00M | 59.00M |
| TradeandOtherPayablesNonCurrent | 241.00M | 56.00M |
| NonCurrentDeferredLiabilities | 17.00M | 15.00M |
| NonCurrentDeferredTaxesLiabilities | 17.00M | 15.00M |
| LongTermDebtAndCapitalLeaseObligation | 2.02B | 171.00M |
| LongTermCapitalLeaseObligation | 193.00M | 171.00M |
| LongTermDebt | 1.83B | |
| CurrentLiabilities | 1.43B | 2.12B |
| CurrentDebtAndCapitalLeaseObligation | 20.00M | 814.00M |
| CurrentDebt | 20.00M | 814.00M |
| OtherCurrentBorrowings | 20.00M | |
| CurrentNotesPayable | 0.00 | 814.00M |
| PayablesAndAccruedExpenses | 1.41B | 1.31B |
| CurrentAccruedExpenses | 598.00M | 619.00M |
| Payables | 809.00M | 690.00M |
| DuetoRelatedPartiesCurrent | 400.00M | 313.00M |
| TotalTaxPayable | 43.00M | 20.00M |
| IncomeTaxPayable | 43.00M | 20.00M |
| AccountsPayable | 366.00M | 357.00M |
| TotalAssets | 12.98B | 13.51B |
| TotalNonCurrentAssets | 7.90B | 9.96B |
| OtherNonCurrentAssets | 1.49B | 852.00M |
| NonCurrentDeferredAssets | 58.00M | 96.00M |
| NonCurrentDeferredTaxesAssets | 58.00M | 96.00M |
| NonCurrentNoteReceivables | 654.00M | 1.00B |
| NonCurrentAccountsReceivable | 80.00M | 11.00M |
| GoodwillAndOtherIntangibleAssets | 5.00B | 7.21B |
| Goodwill | 5.00B | 7.21B |
| NetPPE | 619.00M | 791.00M |
| AccumulatedDepreciation | -1.51B | -2.20B |
| GrossPPE | 2.12B | 2.99B |
| ConstructionInProgress | 51.00M | 108.00M |
| MachineryFurnitureEquipment | 1.67B | 2.48B |
| BuildingsAndImprovements | 390.00M | 397.00M |
| LandAndImprovements | 10.00M | 10.00M |
| Properties | 0.00 | 0.00 |
| CurrentAssets | 5.09B | 3.55B |
| OtherCurrentAssets | 392.00M | 221.00M |
| Inventory | 2.08B | 1.96B |
| FinishedGoods | 300.00M | 320.00M |
| WorkInProcess | 262.00M | 237.00M |
| RawMaterials | 1.52B | 1.40B |
| Receivables | 1.13B | 1.04B |
| TaxesReceivable | 66.00M | 7.00M |
| NotesReceivable | 0.00 | 102.00M |
| AccountsReceivable | 1.07B | 935.00M |
| CashCashEquivalentsAndShortTermInvestments | 1.48B | 328.00M |
| CashAndCashEquivalents | 1.48B | 328.00M |
| Line Item | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| FreeCashFlow | -120.00M | -475.00M | -932.00M |
| RepaymentOfDebt | -176.00M | -272.00M | -86.00M |
| IssuanceOfDebt | 2.62B | 14.00M | 270.00M |
| CapitalExpenditure | -204.00M | -166.00M | -219.00M |
| InterestPaidSupplementalData | 139.00M | 12.00M | 7.00M |
| IncomeTaxPaidSupplementalData | 50.00M | 0.00 | 0.00 |
| EndCashPosition | 1.48B | 328.00M | 292.00M |
| BeginningCashPosition | 328.00M | 292.00M | 335.00M |
| EffectOfExchangeRateChanges | -5.00M | -1.00M | -1.00M |
| ChangesInCash | 1.16B | 37.00M | -42.00M |
| FinancingCashFlow | 518.00M | 136.00M | 860.00M |
| CashFlowFromContinuingFinancingActivities | 518.00M | 136.00M | 860.00M |
| NetOtherFinancingCharges | -1.93B | 394.00M | 676.00M |
| ProceedsFromStockOptionExercised | 5.00M | 0.00 | 0.00 |
| NetIssuancePaymentsOfDebt | 2.44B | -258.00M | 184.00M |
| NetShortTermDebtIssuance | 575.00M | -258.00M | 184.00M |
| ShortTermDebtPayments | -76.00M | -272.00M | -86.00M |
| ShortTermDebtIssuance | 651.00M | 14.00M | 270.00M |
| NetLongTermDebtIssuance | 1.87B | 0.00 | 0.00 |
| LongTermDebtPayments | -100.00M | 0.00 | 0.00 |
| LongTermDebtIssuance | 1.97B | 0.00 | 0.00 |
| InvestingCashFlow | 556.00M | 210.00M | -189.00M |
| CashFlowFromContinuingInvestingActivities | 556.00M | 210.00M | -189.00M |
| NetOtherInvestingChanges | 182.00M | 239.00M | 14.00M |
| DividendsReceivedCFI | 176.00M | 0.00 | 0.00 |
| NetBusinessPurchaseAndSale | 402.00M | 0.00 | 16.00M |
| SaleOfBusiness | 402.00M | 0.00 | 16.00M |
| NetPPEPurchaseAndSale | -204.00M | -29.00M | -219.00M |
| SaleOfPPE | 0.00 | 137.00M | 0.00 |
| PurchaseOfPPE | -204.00M | -166.00M | -219.00M |
| OperatingCashFlow | 84.00M | -309.00M | -713.00M |
| CashFlowFromContinuingOperatingActivities | 84.00M | -309.00M | -713.00M |
| ChangeInWorkingCapital | -380.00M | -86.00M | 197.00M |
| ChangeInOtherWorkingCapital | -224.00M | -106.00M | 31.00M |
| ChangeInPayablesAndAccruedExpense | 104.00M | 101.00M | -307.00M |
| ChangeInAccruedExpense | 34.00M | 48.00M | -160.00M |
| ChangeInPayable | 70.00M | 53.00M | -147.00M |
| ChangeInAccountPayable | 70.00M | 53.00M | -147.00M |
| ChangeInInventory | -160.00M | 314.00M | -277.00M |
| ChangeInReceivables | -100.00M | -395.00M | 750.00M |
| ChangesInAccountReceivables | -100.00M | -395.00M | 750.00M |
| OtherNonCashItems | -73.00M | 87.00M | 114.00M |
| StockBasedCompensation | 182.00M | 149.00M | 165.00M |
| AssetImpairmentCharge | 1.83B | 4.00M | 672.00M |
| DeferredTax | -12.00M | -16.00M | -81.00M |
| DeferredIncomeTax | -12.00M | -16.00M | -81.00M |
| DepreciationAmortizationDepletion | 163.00M | 224.00M | 448.00M |
| DepreciationAndAmortization | 163.00M | 224.00M | 448.00M |
| AmortizationCashFlow | 133.00M | ||
| AmortizationOfIntangibles | 133.00M | ||
| Depreciation | 163.00M | 224.00M | 315.00M |
| OperatingGainsLosses | 14.00M | 1.00M | -85.00M |
| EarningsLossesFromEquityInvestments | 74.00M | 49.00M | -45.00M |
| GainLossOnInvestmentSecurities | -1.00M | -3.00M | |
| NetForeignCurrencyExchangeGainLoss | -25.00M | 13.00M | -37.00M |
| GainLossOnSaleOfBusiness | -34.00M | 0.00 | 0.00 |
| NetIncomeFromContinuingOperations | -1.64B | -672.00M | -2.14B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SNDK
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|