Sandisk corporation/$SNDK
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Sandisk corporation
Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.
- Ticker
- $SNDK
- Sector
- Digital Hardware
- Primary listing
- NASDAQ
- Employees
- 11,100
- Headquarters
- Milpitas, United States
- Website
- www.sandisk.com
SNDK Metrics
BasicAdvanced
$205B
19.03
$73.76
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Price and volume
Market cap
$205B
52-week high
$2,354.39
52-week low
$130.50
Average daily volume
8.9M
Financial strength
Current ratio
2.29
Quick ratio
1.707
Long term debt to equity
0.011
Total debt to equity
0.013
Interest coverage (TTM)
170.79%
Profitability
EBITDA (TTM)
12,617
Gross margin (TTM)
71.47%
Net profit margin (TTM)
56.46%
Operating margin (TTM)
61.58%
Effective tax rate (TTM)
12.17%
Revenue per employee (TTM)
$1,820,000
Management effectiveness
Return on assets (TTM)
43.91%
Return on equity (TTM)
91.64%
Valuation
Price to earnings (TTM)
19.026
Price to revenue (TTM)
10.188
Price to book
13.29
Price to tangible book (TTM)
19.47
Price to free cash flow (TTM)
17.948
Free cash flow yield (TTM)
5.57%
Free cash flow per share (TTM)
78.19
Growth
Revenue change (TTM)
175.30%
Earnings per share change (TTM)
-751.75%
3-year revenue growth (CAGR)
49.29%
3-year earnings per share growth (CAGR)
70.89%
What the Analysts think about SNDK
Analyst ratings (Buy, Hold, Sell) for Sandisk corporation stock.
Analyst projections of the future price of Sandisk corporation stock.
Bulls say / Bears say
FY26 revenue rose 175% to $20.25bn, datacentre revenue rose 437%, and Q1 FY27 revenue guidance of $10.3bn-$10.8bn points to further near-term momentum. Gross margin reached 84.6% in Q4, showing strong operating leverage. (Sandisk)
New Business Model agreements cover about 50% of FY27 bits and two-thirds of FY28, with committed volumes, minimum financial guarantees and structured pricing. That could make earnings and cash flow less exposed to NAND's usual boom-bust cycle. (Sandisk)
The latest earnings boom is highly sensitive to NAND pricing: industry commentary expects price growth to slow from 70–75% in Q2 to low single digits in Q4 as mobile and PC inventories remain elevated. A pricing reversal could therefore unwind margins quickly even if bit shipments keep growing. (Barchart, StorageNewsletter)
Kioxia and Sandisk plan more than $31bn of Japanese capacity investment through 2032, increasing the risk of future oversupply if AI storage demand disappoints. TrendForce expects NAND supply could overtake demand in the second half of 2027, which would pressure selling prices. (Sandisk, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 22 Sept 2026.
SNDK Financial Performance
Revenues and expenses
SNDK Earnings Performance
Company profitability
Upcoming events
No upcoming events
SNDK News
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Funds containing SNDK
AllUSDGBPEUR
Fund name | Fund size | $SNDK weighting |
|---|---|---|
iShares MSCI USA Islamic$ISDU | $594M | 1.26% |
iShares MSCI USA Islamic£ISUS | £438M | 1.26% |
iShares Nasdaq 100$CNDX | $28B | 0.91% |
iShares Nasdaq 100€CNDX | €24B | 0.91% |
iShares Nasdaq 100£CNX1 | £21B | 0.91% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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