Technology -
Hardware, Equipment & Parts - NASDAQ - US
$ 46.41
0.433 %
$ 6.74 B
Market Cap
None
P/E
1. INTRINSIC VALUE
Balance Sheet
Sandisk Corporation
| Current Assets | 3.55 B |
| Cash & Short-Term Investments | 328 M |
| Receivables | 935 M |
| Other Current Assets | 2.28 B |
| Non-Current Assets | 9.96 B |
| Long-Term Investments | 510 M |
| PP&E | 970 M |
| Other Non-Current Assets | 8.48 B |
| Current Liabilities | 2.12 B |
| Accounts Payable | 670 M |
| Short-Term Debt | 825 M |
| Other Current Liabilities | 628 M |
| Non-Current Liabilities | 301 M |
| Long-Term Debt | 171 M |
| Other Non-Current Liabilities | 130 M |
EFFICIENCY
Earnings Waterfall
Sandisk Corporation
| Revenue | 6.66 B |
| Cost Of Revenue | 5.59 B |
| Gross Profit | 1.07 B |
| Operating Expenses | 1.54 B |
| Operating Income | -468 M |
| Other Expenses | 204 M |
| Net Income | -672 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Sandisk Corporation
| Net Income | -672 M |
| Depreciation & Amortization | 224 M |
| Capital Expenditures | -166 M |
| Stock-Based Compensation | 149 M |
| Change in Working Capital | -139 M |
| Others | 71 M |
| Free Cash Flow | -475 M |
Wall Street Analysts Price Targets
Sandisk Corporation
Wall Street analysts predict an average 1-year price target for SNDK of $66.6 , with forecasts ranging from
a
low of
$60 to a high of $80 .
SNDK Lowest Price Target
Wall Street Target
60 USD
29.28%
SNDK Average Price Target
Wall Street Target
66.6 USD
43.50%
SNDK Highest Price Target
Wall Street Target
80 USD
72.38%
4. DIVIDEND
ANALYSIS
SNDK does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Sandisk Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
SanDisk Gets Wall Street Boost As Rising Chip Prices, Smart Spending Boosts Margins
BofA Securities analyst Wamsi Mohan initiated coverage on SanDisk SNDK with a Buy rating and a price target of $61 on Wednesday.
benzinga.com
- 2 weeks ago
SanDisk earns ‘Buy' rating in initial coverage from Bank of America, sending shares higher
SanDisk (NASDAQ:SNDK) shares moved higher after Bank of America initiated coverage on the developer and manufacturer of data storage devices based on NAND flash technology with a ‘Buy' rating and price objective of $61, representing upside of about 38% at the time of writing. The analysts explained that their ‘Buy' thesis is supported by several key factors, including improving memory pricing as the supply-demand balance shifts positively and room for profit margins to expand due to both the pricing trajectory and operating leverage.
proactiveinvestors.com
- 2 weeks ago
Sandisk Announces Participation in Investor Conference
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that management will participate at the Mizuho Technology Conference 2025 on Wednesday, June 11, at 8:15 a.m. PT / 11:15 a.m. ET. The management presentation will be available as a live webcast, accessible through Sandisk's Investor Relations website at investor.sandisk.com. An archived replay will be accessible through the website after the conclusion of the presentation. About Sandisk Sandisk (Nasdaq: SNDK).
businesswire.com
- 4 weeks ago
Sandisk Announces Pricing of Upsized Secondary Offering of Common Stock
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the pricing of a secondary public offering (the “Offering”) of 18,534,581 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company's former parent (“WDC”). The size of the offering reflects an increase from the 17,000,000 shares of common stock originally proposed to be sold. The SNDK Shares will be offered at a public offering pric.
businesswire.com
- 1 month ago
Sandisk Announces Launch of Secondary Offering of Common Stock
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the launch of a secondary public offering (the “Offering”) of 17,000,000 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company's former parent (“WDC”). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (describe.
businesswire.com
- 1 month ago
SanDisk Corporation: The Technology Is Still Not Economical For Mass Adoption
Sandisk Corporation posted a sequential revenue decline and a large GAAP loss due to a goodwill impairment, but beat non-GAAP EPS estimates. Gross margins deteriorated sharply, and oversupply is pressuring prices, but management expects gradual margin and profitability recovery next quarter. SanDisk's long-term outlook is tied to SSD adoption; the company must weather current downturns and maintain profitability until SSDs gain enterprise traction.
seekingalpha.com
- 1 month ago
Sandisk Reports Fiscal Third Quarter 2025 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) today reported fiscal third quarter financial results. “I'm pleased with our team's execution in the first quarter as a standalone company. Sandisk's innovation was reinforced, with a strong early ramp of BiCS 8, our latest technology engineered to deliver industry-leading performance, power efficiency, and density,” said David Goeckeler, Sandisk CEO. “We have taken actions to reduce supply to match demand and commenced price.
businesswire.com
- 1 month ago
Sandisk Announces Participation in Investor Conference
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that management will participate at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 13, at 2:10 p.m. PT / 5:10 p.m. ET. The management presentation will be available as a live webcast, accessible through Sandisk's Investor Relations website at investor.sandisk.com. An archived replay will be accessible through the website after the conclusion of the presentati.
businesswire.com
- 2 months ago
Western Digital Refocuses Post-SanDisk Spin-Off As Analyst Highlights AI-Led HDD Growth
Rosenblatt analyst Kevin Cassidy relaunched coverage on Western Digital WDC, giving the stock a Buy and lowering the price target from $76 to $50 on Tuesday.
benzinga.com
- 2 months ago
Sandisk to Report Fiscal Third Quarter Results on May 7, 2025
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, May 7, 2025, at 1:30 p.m. Pacific time. A live webcast and a webcast replay of the conference call will be available at investor.sandisk.com. About Sandisk Sandisk (Nasdaq: SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the mo.
businesswire.com
- 2 months ago
Market Pullback After a Historic Rally: What Investors Should Do Now
Instead of blindly buying during a selloff, Jeremy Mullin offers a four-step plan for 2025 to help investors pinpoint stocks and industries that will lead the next leg higher. Learn how to develop a disciplined strategy to capitalize on the market's abundant opportunities.
zacks.com
- 3 months ago
Sandisk Soars While Western Digital Stutters Post Spinoff
Sandisk's split from Western Digital has led to divergent stock trajectories, with SNDK soaring and WDC tanking, validating Elliott Management's push for separation. Sandisk's innovative High Bandwidth Flash (HBF) technology could revolutionize NAND applications, offering significant capacity and bandwidth advantages over traditional HBM DRAM. Despite recent financial struggles, Sandisk projects strong revenue growth and positive free cash flow by FY 2025, with a bullish outlook from analysts like Morgan Stanley.
seekingalpha.com
- 3 months ago
8. Profile
Summary
Sandisk Corporation SNDK
COUNTRY
US
INDUSTRY
Hardware, Equipment & Parts
MARKET CAP
$ 6.74 B
Dividend Yield
0.00%
Description
SanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology. Its products include solid state drives. embedded products, removable cards, universal series bus, and wafers and components. The company was founded on June 1, 1988 and is headquartered in Milipitas, CA.
Contact
951 Sandisk Drive, Milpitas,
http://www.sandisk.com
IPO
Date
Nov. 8, 1995
Employees
12000
Officers
Mr. Jerald Kagele
Executive Vice President & Chief Revenue Officer
Ivan Donaldson
Vice President of Investor Relations
Mr. V. Don Angspatt
Executive Vice President of Global Operations
Ms. Janet Allgaier
Senior Vice President of Consumer Product
Mr. Luis Felipe Visoso
Executive Vice President & Chief Financial Officer
Mr. David V. Goeckeler
Chairman & Chief Executive Officer
Mr. Bernard Shek
Senior Vice President, Chief Legal Officer & Secretary
Ms. Christine Bastian
Executive Vice President & Chief People Officer
Michael R. Pokorny
Vice President & Chief Accounting Officer
Mr. Alper Ilkbahar
Executive Vice President & Chief Technology Officer