Added to YB: 2026-05-06
Pitch date: 2026-05-04
SNDK [neutral]
Sandisk Corporation
Author Info
No bio for this author
Company Info
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.
Market Cap
$161.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.40
P/E
36.91
EV/Sales
11.99
Sector
Technology Hardware, Storage and Peripherals
Category
turnaround
SanDisk 3QFY26 Earnings: From Thesis to Test
SNDK (earnings): Q3 rev/EPS beat by 26%/61%; datacenter now 25% of rev (+233% QoQ, +645% YoY) driven by AI inference, KV cache, RAG. ASPs exploded ~130-140% QoQ (pricing-led, not bits). 5 multi-yr NBM contracts w/ prepaid collateral now cover 33% of FY27 bits. Trading 5.4x CY27 EPS est $210. Key test: can NBM coverage scale to 60%+ & GM floor hold >50% in next downturn? Bull case validated but durability unproven.
Read full article (7 min)