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USTechnology

Sandisk Corp (SNDK)

US · Technology · Computer Hardware

$1,614.39+6.21%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$8.96B
Revenue YoY
+371.6%
Net profit
$6.90B
EPS
$38.82
EPS estimate
$33.28
Net margin
77.0%

EPS came in at 38.82 against a street estimate of 33.28 — a beat of 16.6%.

Key statistics

Market cap
$239.15B
P/E
22.1
Forward P/E
7.2
P/B
15.20
Book value
$105.61
EPS (TTM)
$73.83
52-week high
$2,354.39
52-week low
$85.12
50-day MA
$1,517.87
200-day MA
$1,033.67

Analyst view

Analysts rate Sandisk Corp a buy (6 buy, 5 hold, 1 sell out of 12) with an average price target of $2,125.09.

From the latest earnings call · 2026-08-05

CONFIDENT SanDisk delivered record Q4 results with 84.6% gross margin and $39.25 EPS, driven by AI datacenter demand. 8 multi-year customer agreements now represent 50%+ of FY27 supply with $93.9B minimum revenue visibility. Strong capital returns via $4.5B buyback. Q4 FY26 No geographic segment data disclosed. Analysts pressed on NBM margin durability, gross margin dynamics, and supply–demand convergence timing. Management reframed margin as fair return within durability-focused model; emphasized customer-led alignment vs. industry-wide signals; highlighted repeat customer demand increases as confidence proof point. 2026-08-05…

Full summary in the app.

Shareholding

Insiders
0.98%
Institutions
80.76%

Largest institutional holders

FundStake
FMR Inc9.14%
BlackRock Inc7.11%
Vanguard Capital Management, LLC6.51%
State Street Corp3.81%
Geode Capital Management, LLC2.88%
Vanguard Portfolio Management, LLC2.44%
Morgan Stanley - Brokerage Accounts1.94%
Arrowstreet Capital Limited Partnership1.93%

Recent filings & reports

DocumentDate
Board / officer change · Q1 FY2027
SANDISK CORPORATION FORM 8-K SUMMARY September 10, 2026 --- HEADLINE NUMBERS • CEO David Goeckeler: Annual base salary $1,300,000 with 200% short-t
2026-09-16
Material agreement · Q1 FY2027
SANDISK CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Revolving Credit Facility: $1,500.0 million in aggregate principal amount • Maturity Date: Sept
2026-09-11
Annual report FY2026
SANDISK CORPORATION — FORM 10-K SUMMARY Fiscal Year Ended July 3, 2026 --- HEADLINE NUMBERS • Market Cap: $40.5 billion as of January 2, 2026 (last
2026-08-17
Results announced · Q1 FY2027
SANDISK CORPORATION - FISCAL Q4 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Q4 2026 Revenue: $8.97 billion, up 51% sequentially from $5.95 billion in
2026-08-05
Company announcement · Q4 FY2026
SANDISK CORPORATION (SNDK) - 8-K FILING SUMMARY OTHER NOTABLE POINTS • Unsolicited Mini-Tender Offer Alert: Tutanota LLC made an unsolicited mini-te
2026-05-15
Quarterly report · Q4 FY2026
SANDISK CORPORATION – Q1 FY2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue (9 months ended April 3, 2026): $11,283 million vs. $5,454 million prior yea
2026-05-01
Results announced · Q4 FY2026
SANDISK CORPORATION – Q3 2026 FINANCIAL SUMMARY --- HEADLINE NUMBERS • Q3 2026 Revenue: $5.95 billion, up 97% sequentially and 251% year-over-year,
2026-04-30
Material agreement · Q3 FY2026
SANDISK CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Investment amount: $1.0 billion for approximately 139 million shares of Nanya Technology Corpor
2026-03-25

Readable in the app.

Deals & corporate news

AnnouncementDate
Board approves $14 billion share repurchase program
On August 5, 2026, SanDisk's Board of Directors approved a $14 billion share repurchase program. The company plans to buy back its own stock through open market purchases or other methods, f
2026-08-05
Board approves $6 billion share repurchase program
SanDisk's Board of Directors approved a $6 billion share repurchase program on April 30, 2026. The company plans to buy back its own shares gradually through open market purchases, funded by
2026-04-30
Private placement subscription agreement entered into with Nanya Technology
SanDisk announced on March 25, 2026, that it is making a $1 billion strategic equity investment in Nanya Technology Corporation, a Taiwan-based memory chip manufacturer. SanDisk will purchas
2026-03-25

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Data updated 2026-09-18.