Sandisk Corporation (SNDK) Stock Analysis — Fair Value, Risk & Moat Rating
NMS · Technology · Computer Hardware
Is Sandisk Corporation a safe investment right now?
As of Aug 13, 2026, our estimated fair value (intrinsic value) for Sandisk Corporation (SNDK) stock is $1377.81, versus a market price of $1641.11 — Overvalued. Predicted EPS $72.90 x 18.9 Fair PE.
Sandisk Corporation's Altman Z-Score of 38.5 places it in the safe zone. Our fair value estimate is $1377.81 (Overvalued). Moat rating: 2.9/5 stars.
Sandisk Corporation is part of the AI Memory & Storage group in our AI coverage — compare its fair value against every other AI, cloud, and quantum stock through a value investing lens.
Could Sandisk Corporation go bankrupt? Altman Z-Score analysis
Z-Score of 38.5 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives SNDK's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.2818 | 1.2 | 0.34 |
| B · Retained Earnings / Total Assets | RE / TA | -0.1374 | 1.4 | -0.19 |
| C · EBIT / Total Assets | EBIT / TA | -0.109 | 3.3 | -0.36 |
| D · Market Cap / Total Liabilities | MCap / TL | 63.5718 | 0.6 | 38.14 |
| E · Revenue / Total Assets | Rev / TA | 0.5664 | 1.0 | 0.57 |
How has SNDK's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2024 | 59.81 | Safe |
| 2025 | 38.5 | Safe |
Source: Calculated from SNDK's latest 10-K filing on SEC EDGAR.
Sandisk Corporation Fair Value & Intrinsic Value — What Is It Actually Worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $72.90 | Proprietary blend of reported actuals (4Q actual) + analyst consensus, weighted by α |
| Last Year EPS | $-11.32 | Annual report (SEC EDGAR) |
| Analyst Consensus EPS (This Year) | $213.23 | 22 analysts consensus |
| Trailing P/E | 22.2x | Current market pricing |
| Fair P/E (β discount) | 18.9x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | Stable | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $2,053.50 (22 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Sandisk Corporation have a durable competitive advantage?
Moat rating: 2.9/5.
What makes up SNDK's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 4/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is SNDK's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2024 | -3.9% | — |
| 2025 | -12.8% | Declining |
Source: ROIC calculated from SEC EDGAR filings.
Is Sandisk Corporation's dividend safe?
Sandisk Corporation's key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $7.4B | $6.7B | N/A | — |
| Net Income | −$1.6B | −$0.7B | N/A | — |
| Free Cash Flow | −$0.1B | −$0.5B | N/A | — |
| Gross Margin | 30.1% | 16.1% | N/A | — |
Recent events that affect our SNDK analysis
SNDK earnings report scheduled
Upcoming report. Consensus EPS estimate: $46.02. Revenue estimate: $10.70B. Our current Fair Value: $1377.81 — a significant beat or miss could shift this estimate.
SNDK analyst consensus: 83% bullish (19 of 23 analysts)
3 Strong Buy, 16 Buy, 4 Hold, 0 Sell, 0 Strong Sell. Consensus target: $2053.50 (25.1% upside). Compare with our independent Fair Value: $1377.81.
SNDK beat EPS estimates by 13.7%
Reported EPS: $39.25 vs estimate $34.52. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SNDK beat EPS estimates by 59.7%
Reported EPS: $23.41 vs estimate $14.66. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SNDK beat EPS estimates by 75.0%
Reported EPS: $6.20 vs estimate $3.54. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SNDK beat EPS estimates by 36.9%
Reported EPS: $1.22 vs estimate $0.89. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
SNDK beat EPS estimates by 771.1%
Reported EPS: $0.29 vs estimate $0.03. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SNDK beat EPS estimates by 22.4%
Reported EPS: $-0.30 vs estimate $-0.39. Earnings strength supports our Fair Value of $1377.81 (16.0% below current price).
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SNDK filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about Sandisk Corporation
What is Sandisk Corporation stock price today?
Sandisk Corporation (SNDK) stock price is $1641.11 as of the latest market close, traded on the NASDAQ exchange.
What does Sandisk Corporation do?
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. It 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.
What is Sandisk Corporation market cap?
Sandisk Corporation has a market capitalization of $239.60B, classifying it as a mega-cap stock in the Technology sector.
What sector and industry is SNDK in?
Sandisk Corporation operates in the Technology sector, specifically within the Computer Hardware industry. It trades on the NASDAQ under the ticker symbol SNDK.
Is SNDK stock overvalued or undervalued?
Based on our valuation model, Sandisk Corporation trades 19.1% above our fair value estimate — potentially overvalued.
- FairValueLabs Fair Value: $1377.81
- Current Price: $1641.11
- Valuation Zone: Overvalued
What is SNDK stock forecast and analyst target price?
Based on 22 Wall Street analysts, the consensus price target for Sandisk Corporation is $2053.50, implying upside of 25.1% from the current price.
- Analyst High Target: $3000.00
- Analyst Low Target: $1000.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Sandisk Corporation revenue and earnings growing?
Here are the analyst consensus growth estimates for Sandisk Corporation:
- Revenue growth (current year est.): 141.6%
- EPS growth (current year est.): 200.8%
- Revenue growth (next year est.): 19.1%
- EPS growth (next year est.): 24.3%
What are Sandisk Corporation's key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $7.4B | — |
| Net Income | −$1.6B | — |
| Free Cash Flow | −$0.1B | — |
| Gross Margin | 30.1% | — |
What is SNDK's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Trailing P/E (last 12 months): 22.2x
- Forward P/E (next 12 months est.): 6.2x
- FairValueLabs Fair P/E: 18.9x
How volatile is SNDK stock?
Sandisk Corporation has a beta of 1.00, meaning it is roughly in line with overall market volatility. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Sandisk Corporation have?
Sandisk Corporation's balance sheet shows:
- Total Cash: $4.76B
- Total Debt: N/A
- Net Cash Position: $4.76B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is Sandisk Corporation's free cash flow?
Sandisk Corporation generated $7.74B in trailing twelve-month free cash flow (from $11.67B in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does Sandisk Corporation pay a dividend?
Sandisk Corporation does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is Sandisk Corporation at risk of going bankrupt?
Sandisk Corporation's Altman Z-Score is 38.50, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Sandisk Corporation have a durable competitive advantage?
Sandisk Corporation scores 2.9/5 stars (Narrow moat · eroding) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 4/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is SNDK's return on equity (ROE)?
Sandisk Corporation's return on equity is 91.6%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy SNDK stock?
SNDK shares can be purchased through any brokerage account that provides access to the NASDAQ. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol SNDK
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is SNDK a value stock or speculative?
FairValueLabs classifies Sandisk Corporation as Value Investment. It exhibits consistent profitability, reasonable valuation, and financial stability — characteristics of a traditional value investment.
Who is the CEO of Sandisk Corporation?
The current CEO of Sandisk Corporation is Mr. David V. Goeckeler.
What is SNDK's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $73.81
- Forward EPS (next 12 months est.): $263.96
- Analyst consensus EPS (this year): $213.23
- Analyst consensus EPS (next year): $265.12
Other Technology companies analyzed by FairValueLabs
FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Aug 13, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
SNDK analysis methodology: How we calculate fair value, Z-Scores, and moat ratings