Reading the tape
NASDAQ: SNDK
Sandisk Corporation
Technology · Hardware, Equipment & Parts
Market Cap
$175.20B
52w High
$1,189.24
52w Low
$33.13
P/E
38.98
Volume
23.13M
Outstanding Shares
147.60M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
1Y Price: 3,542.22%Revenue (TTM): 82.76%
What changed
The stock rose 3,542.22% over the last year. Revenue grew 82.76% over the trailing twelve months. Operating margin moved from 9.22% to 40.93%.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum. The operating data is doing enough work that the move does not need an overvaluation story to explain it.
What would invalidate this read
Operating margin is at 40.93%. Revenue grew 82.76% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
SanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology.
CEODavid V. Goeckeler
SectorTechnology
IndustryHardware, Equipment & Parts
Employees12,000
IPO dateNov 8, 1995
Valuation
Forward P/E—
EV/EBITDA-5.90
Enterprise value$7.4B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth251.03%
Gross margin56.04%▲86.93%vs FY2024
Operating margin40.93%▼166.55%vs FY2024
ROE-17.81%▼193.64%vs FY2024
Analyst consensus
RatingBuy
Target price$1,194.33▲0.62%
12
Buy
3
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 13, 2026
Q3 FY26 · EPS est $25.61 · Revenue est $7.93B
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