Computer Storage Devices · SIC 3572

Sandisk Corp

SNDK

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Latest revenue

$5.95B

as of 2026-04-03

Latest net income

$3.62B

as of 2026-04-03

Net margin

60.8%

as of 2026-04-03

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SNDK vs S&P 500 · rebased to 100

+1497.5% / yr 1477.8 pts / yr vs S&P 500(S&P 500 +19.7% / yr) 3228.3% total
Compare:

Live market

delayed ≤15 min
$1649.01
0.43%
Market cap
$244.20B
Enterprise value
$240.47B
P/E (trailing)
Forward P/E
P/B
17.73×
Dividend yield
0.0%
52-wk high
$1861.00
52-wk low
$39.44
Beta
Shares out
148.1M

What this company does

AI

Sandisk designs and manufactures NAND flash memory storage products, including SSDs, embedded chips, memory cards, and USB drives for datacenters, devices, and consumers. It generates revenue by selling these storage products to cloud providers, OEMs, and retail customers, with quarterly revenue hitting $5.95 billion. After spinning off from Western Digital in February 2025, Sandisk is riding an AI-driven NAND demand surge that tripled revenue year-over-year and swung the company from a $1.9 billion loss to $3.6 billion in net income.

Generated from SNDK's filing dated 2025-08-21

Key risks

AI
  • Cyclical NAND exposure: Q3 revenue surged 251% to $5.95B and gross margin hit 78.4% on AI pricing — peak-cycle earnings risk if pricing reverses.
  • Tariff exposure: most U.S. products currently exempt, but loss of exemptions or new tariffs under alternate statutes could compress margins and demand.
  • Overhang/separation hangover: post-Feb 2025 WDC spin-off; $46M debt-extinguishment loss on Term Loan B payoff and recent secondary share sales pressured float.

Generated from SNDK's filing dated 2025-08-21

5.9
of 10

ActaClear Score

Neutral
#4 of 6 in Computer Storage Devices
+0.0 · 5d
Profitability·25%
2.7
Growth·15%
8.0
Value·20%
4.0
Quality·20%
10.0
Momentum·20%
6.0

Computed from 5 years of SEC fundamentals + latest market data, ranked within Computer Storage Devices (6 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 10, 2026.