Atlasresearch

Workspace

WorkspacePokedexHPC MapPortfolioCalendarTaiwan RevenueMemory
Calculators
  • 01AI Factory
  • 02CPO Stack
  • 03HBM Bridge
  • 04GPU Cloud TCO
  • 05Inference Tokens
  • 06Power Bottleneck
  • 07Custom ASIC
  • 08OCS TAM
  • 09N3 Allocation
  • 10Optical TAM
Agent APISubscribe
Sign in
Pokedex
Atlasresearch

Workspace

WorkspacePokedexHPC MapPortfolioCalendarTaiwan RevenueMemory
Calculators
  • 01AI Factory
  • 02CPO Stack
  • 03HBM Bridge
  • 04GPU Cloud TCO
  • 05Inference Tokens
  • 06Power Bottleneck
  • 07Custom ASIC
  • 08OCS TAM
  • 09N3 Allocation
  • 10Optical TAM
Agent APISubscribe
Sign in
Pokedex/Memory/SNDK
Search/
Search/
Company exports

Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.

CSV downloads
Memory·SNDK
Sandisk Corporation logo

Sandisk Corporation

NASDAQ · US

NAND flash, SSD, and removable storage supplier separated from Western Digital.

AI relevance

Flash storage and SSD exposure for AI data pipelines, checkpointing, and data center storage.

MemoryNAND

Price

$1260.93

Change

-117.29 (-8.51%)

Market cap

$182.2B

52w range

$146–$2354

Exchange

NASDAQ

Country

US

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

Subscribe to Jason's ChipsSign in
Price chart

SNDK market performance

Daily close for Sandisk Corporation

$0.00$627.5$1,255$1,883$2,510Oct 25Jan 26Apr 26Jul 26Oct 26
Latest close
$1,261
Range move
+$1,114 (+758.1%)
Range high
$2,335
Range low
$146.9
Latest volume
10.1M
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

5 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

6 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

5 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

6 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

6 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

425 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

4 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetBuy

Analyst expectations

Consensus target
$2163.75
+71.6%
Target range
$1200.00 - $3050.00
Rating mix
Buy
16 ratings
Next FY revenue
$49.17B
2027-07-03
Next FY EPS
$213.94
$194.50 - $234.54
Rating consensus16 ratings

Strong buy

0

Buy

14

Hold

2

Sell

0

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2027-07-03$49.17B$45.33B - $51.64B$213.94$194.50 - $234.54$35.49B$35.10B$33.22B$3.34B16 rev / 13 EPS
2028-07-03$58.52B$42.67B - $69.07B$263.34$180.46 - $333.56$41.38B$40.74B$38.57B$3.97B15 rev / 12 EPS
2029-07-03$58.76B$34.10B - $82.49B$268.70$156.12 - $436.44$37.25B$36.41B$34.47B$3.99B10 rev / 4 EPS
2030-07-03$98.84B$76.27B - $123.28B$456.50$321.00 - $603.21$75.91B$74.69B$70.76B$6.71B5 rev / 1 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2027-01-03$12.14B$11.27B - $13.28B$52.77$48.55 - $55.19$8.71B$8.64B$8.18B$824.6M12 rev / 11 EPS
2027-04-03$12.52B$11.50B - $13.83B$54.55$48.77 - $61.98$9.01B$8.93B$8.46B$850.4M6 rev / 8 EPS
2027-07-03$13.52B$12.42B - $14.94B$59.15$52.88 - $67.21$9.78B$9.68B$9.17B$918.4M6 rev / 4 EPS
2027-10-03$14.08B$12.93B - $15.56B$61.71$55.17 - $70.11$10.21B$10.10B$9.56B$956.3M6 rev / 4 EPS
2028-01-03$14.64B$13.45B - $16.18B$64.69$57.84 - $73.51$10.72B$10.59B$10.03B$994.5M5 rev / 7 EPS
2028-04-03$15.10B$13.87B - $16.68B$66.02$59.03 - $75.01$10.95B$10.81B$10.23B$1.03B5 rev / 10 EPS
2028-07-03$15.79B$14.51B - $17.45B$68.63$61.36 - $77.98$11.39B$11.23B$10.64B$1.07B5 rev / 5 EPS
2028-10-03$16.65B$15.29B - $18.40B$64.12$57.33 - $72.85$10.67B$10.50B$9.94B$1.13B5 rev / 5 EPS
Price target history
WindowTargetsAverage target
Last month1$2050.00
Last quarter15$2158.33
Last year66$1341.53
All time74$1205.73

Sources: StreetInsider

Latest grade actions
DateFirmActionPreviousNew
2026-10-06MizuhoMaintainOutperformOutperform
2026-08-25MizuhoMaintainOutperformOutperform
2026-08-14WedbushMaintainOutperformOutperform
2026-08-14Cantor FitzgeraldMaintainOverweightOverweight
2026-08-14RBC CapitalMaintainSector PerformSector Perform
2026-08-14Wells FargoMaintainEqual WeightEqual Weight
2026-08-10Argus ResearchUpgradeHoldBuy
2026-08-06Evercore ISI GroupMaintainOutperformOutperform
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-10-01417301
2026-09-01417301
2026-08-01416401
2026-07-01315411
2026-06-01315311
2026-05-01315501
2026-04-01214601
2026-03-01212600
FinancialsFY 2026

Financials

Revenue
$20.25B
Gross margin
71.5%
Operating income
$12.39B
Free cash flow
$11.49B
Cash + ST investments
$4.76B
Net debt
-$4.37B
ROE
72.7%
ROIC
64.3%
EV / sales
12.5x
EV / EBITDA
19.0x
R&D / revenue
6.6%
Current ratio
2.3x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2026$20.25B$14.47B71.5%$1.33B$12.39B$13.24B$11.43B$77.78
FY 2025$7.36B$2.21B30.1%$1.13B-$1.38B-$1.25B-$1.64B$-11.32
FY 2024$6.66B$1.07B16.1%$1.06B-$468.0M-$239.0M-$672.0M$-4.67
FY 2023$6.09B$430.0M7.1%$1.17B-$2.04B-$1.52B-$2.14B$-14.88
FY 2022$9.75B$3.24B33.3%$1.36B$1.20B$1.74B$1.06B$7.39
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2026$11.67B$177.0M$11.49B
FY 2025$84.0M$204.0M-$120.0M
FY 2024-$309.0M$166.0M-$475.0M
FY 2023-$713.0M$219.0M-$932.0M
FY 2022$1.15B$410.0M$741.0M
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2026$4.76B$4.73B$2.70B$674.0M$22.51B$393.0M-$4.37B$6.77B$15.74B
FY 2025$1.48B$1.13B$2.08B$619.0M$12.98B$2.04B$561.0M$3.77B$9.22B
FY 2024$328.0M$935.0M$1.96B$970.0M$13.51B$985.0M$657.0M$2.42B$11.08B
FY 2023$292.0M$539.0M$2.27B$1.03B$13.82B$1.02B$728.0M$2.38B$11.44B
FY 2022$335.0M$1.29B$1.99B$1.04B$15.76B$950.0M$615.0M$2.78B$12.98B
FY 2021$335.0M$1.29B$1.99B$1.04B$15.76B$950.0M$615.0M$2.78B$12.98B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202671.5%61.2%56.5%2.3x1.8x72.7%64.3%12.5x19.0x4.5%6.6%223d
FY 202530.1%-18.7%-22.3%3.6x2.1x-17.8%-11.9%1.0x-5.9x-1.8%15.4%178d
FY 202416.1%-7.0%-10.1%1.7x0.8x-6.1%-3.8%0.9x-24.4x-9.2%15.9%156d
FY 20237.1%-33.4%-35.2%1.6x0.5x-18.7%-16.2%1.0x-3.9x-18.0%19.2%138d
FY 202233.3%12.3%10.9%1.8x1.0x8.2%7.3%0.6x3.3x14.3%14.0%116d
FY 20210.0%0.0%0.0%1.8x1.0x0.0%0.0%0.0x0.0x0.0%0.0%0d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2026+175.3%+554.2%+17.3%+999.7%+796.7%+787.1%+9678.3%+13.2%+221.5%+29.8%+73.3%-80.8%
FY 2025+10.4%+106.3%+6.7%-194.2%-144.2%-142.4%+74.7%-22.9%+351.5%+6.3%-3.9%+107.3%
FY 2024+9.5%+149.3%-9.1%+77.0%+68.6%+68.6%+49.0%+24.2%+12.3%-13.8%-2.3%-3.4%
FY 2023-37.6%-86.7%-14.3%-269.6%-301.4%-301.4%-225.8%+46.6%-12.8%+13.9%-12.3%+7.4%
FY 20220.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FY 2021----------------0.0%0.0%0.0%0.0%
SegmentsFY 2026

Revenue Mix

Latest product mixFY 2026 · $20.25B
Edge$12.16B · 60.1%
Datacenter$5.15B · 25.4%
Consumer$2.94B · 14.5%
Latest geography mixFY 2026 · $20.25B
HONG KONG$5.13B · 25.3%
Rest of Asia$4.61B · 22.8%
CHINA$4.50B · 22.2%
UNITED STATES$3.71B · 18.3%
EMEA$1.73B · 8.6%
Other Geographical$561.0M · 2.8%
Product revenue annual
PeriodTotalEdgeConsumerDatacenterClient DevicesCloud
FY 2026$20.25B$12.16B$2.94B$5.15B----
FY 2025$7.36B--$2.27B--$4.13B$960.0M
Geography revenue annual
PeriodTotalCHINAUNITED STATESHONG KONGRest of AsiaEMEAAsia PacificTaiwanChinaOther Asia-PacificTAIWAN, PROVINCE OF CHINASouth KoreaOther foreign countriesOther GeographicalEurope, Middle East and Africa
FY 2026$20.25B$4.50B$3.71B$5.13B$4.61B$1.73B--------------$561.0M--
FY 2025$7.36B$2.04B$1.45B$1.30B$1.12B$1.28B--------------$171.0M--
FY 2015$6.63B$2.03B$1.14B----$814.8M$1.46B------$864.5M--$321.3M----
FY 2014$6.17B--$877.8M----$780.1M$867.9M$958.7M$1.89B----$496.0M$302.3M----
FY 2011$4.02B------------$993.8M--$1.82B--$334.2M$152.6M--$714.4M
Transcripts4 on file

Transcripts

  • FY2026 · Q42026-08-05
  • FY2026 · Q32026-04-30
  • FY2026 · Q22026-01-29
  • FY2026 · Q12025-11-06
Events

Events

Next earnings

2026-10-29EPS est $46.20

Recent filings
  • 42026-10-22
  • ARS2026-10-06
  • DEFA14A2026-10-06
Latest news
  • Up 3,700%, Should You Buy Sandisk Right Now?

    The Motley Fool · 2026-10-22

  • SanDisk Stock Drops as AI Cost Worries Mount

    Benzinga · 2026-10-22

Atlas/DCF Model LLC/
PrivacyTermsjasonschips.ai