SNDK
SandiskPrevious close
1,150.89
Change
−179.16 / −13.47%
P/E (TTM) ?
16.8
Market Cap
$164B
1M
−33.85%
S&P 500 −0.91% over same period
Volume / Avg Volume
17.6M / 8.0M
2.20× average
Latest earnings analysisFY2026 Q4Reported 2026-08-05
Sandisk FY2026: revenue $20.25 billion, net income $11.43 billion
Sandisk closed fiscal 2026 with revenue of $20.25 billion, up 175%, net income of $11.43 billion and a 71.5% gross margin, so the view here is Bullish — but read it as a price-driven memory upcycle, not steady compounding. Two-thirds of the latest quarter's sequential growth came from pricing, and guidance only extends the run by one quarter.
Read the full analysis →Revenue$20.25BYoY +965.10%
EPS (non-GAAP)$39.25Beatest. $35.14
Next-quarter revenue guidance$10.55B ±2.37%YoY −47.90%
Next-day move−6.81%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q4 Quarter ended 2026-07 | 2026-08-05 | $20.2B | Read analysis → |
| FY2026 Q3 Quarter ended 2026-04 | 2026-04-30 | $6.0B | Pending |
| FY2026 Q2 Quarter ended 2026-01 | 2026-01-29 | $3.0B | Pending |
| FY2026 Q1 Quarter ended 2025-10 | 2025-11-06 | $2.3B | Pending |
| FY2025 Q4 Quarter ended 2025-06 | 2025-08-14 | $7.4B | Pending |
| FY2025 Q3 Quarter ended 2025-03 | 2025-05-07 | $1.7B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
A 5-year P/E range needs a longer earnings record; not yet comparable
Last 4 quarters: $5.0B in buybacks + $0 in dividends, 3.05% of market cap combined
P/E (TTM)
16.8
P/B
12.2
P/S
9.5
PEG
0.03
Earnings Reaction
Over the last 6 reports, the stock moved ±7.8% on average on the first trading day after, rising 4 times
Most recent −6.81%
Guidance Credibility
Of the last 3 next-quarter revenue guides, 3 were met; actual results averaged 17.6% above guidance
Volatility & Correlation
1-year beta 4.10 · Correlation with S&P 500 0.47High beta
Annualized volatility 113% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 6 · $118MNet selling $118M
- 10-01Shek BernardChief Legal Officer and SectySell$1.0M600 shares · Avg price 1,734.94
- 09-17Goeckeler DavidChairman & CEOSell$53.3M33,841 shares · 15 trades · Avg price 1,574.21
- 09-15Visoso Luis FelipeEVP & CFOSell$1.6M1,000 shares · Avg price 1,568.83
- 09-14Goeckeler DavidChairman & CEOSell$51.7M33,838 shares · 13 trades · Avg price 1,527.87
- 09-08Shek BernardChief Legal Officer & SectySell$4.1M2,308 shares · Avg price 1,767.33
- 09-03Ilkbahar AlperEVP & Chief Technology OfficerSell$6.1M3,952 shares · 18 trades · Avg price 1,543.89
Multi-Quarter Financial Trends
View all quarters →Last 11 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2027 Q1 | 11.03 | +377.9% | 85.0% | 8.10 | 52.60 |
| FY2026 Q4 | 8.97 | +371.6% | 84.6% | 6.90 | 44.83 |
| FY2026 Q3 | 5.95 | +251.0% | 78.4% | 3.62 | 23.03 |
| FY2026 Q2 | 3.03 | +61.2% | 50.9% | 0.80 | 5.15 |
| FY2026 Q1 | 2.31 | +22.6% | 29.8% | 0.11 | 0.75 |
| FY2025 Q4 | 1.90 | — | 26.2% | -0.02 | -0.17 |
| FY2025 Q3 | 1.70 | −0.6% | 22.5% | -1.93 | -13.33 |
| FY2025 Q2 | 1.88 | +12.7% | 32.3% | 0.10 | 0.72 |
| FY2025 Q1 | 1.88 | — | 38.6% | 0.21 | 1.46 |
| FY2024 Q3 | 1.71 | — | 27.2% | 0.03 | 0.19 |
| FY2024 Q2 | 1.67 | — | 9.7% | -0.30 | — |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| SNDK | 16.8 | +377.9% | 85.0% | −33.85% | Bullish |
| NVDA | 25.8 | +105.9% | 75.0% | −10.39% | Bullish |
| AAPL | 39.3 | +16.4% | 50.1% | +3.49% | Bullish |
| MSFT | 27.2 | +18.8% | 67.8% | +1.76% | Bullish |
| AVGO | 40.4 | +85.5% | 69.1% | −7.15% | Bullish |
| MU | 11.8 | +379.3% | 86.8% | −16.93% | Bullish |
| AMD | 143.0 | +50.1% | 53.8% | −17.48% | Bullish |
| INTC | — | +20.9% | 43.0% | −45.30% | Bullish |
| PLTR | 156.5 | +92.8% | 84.7% | −1.57% | Bullish |