Added to YB: 2026-08-25
Pitch date: 2026-08-20
SNDK [neutral]
Sandisk Corporation
-6.96%
current return
Author Info
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Company Info
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the Americas, Europe, the Middle East, Africa, Asia, and internationally.
Market Cap
$233.7B
Pitch Price
$1.6K
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.95
P/E
21.64
EV/Sales
11.23
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Sandisk $SNDK: Investor Day 2026 Summary
SNDK (overview): FY26 rev $20.2B (+175% YoY), 71.6% non-GAAP GM, $8.7B adj FCF; Q4 annualized ~$36B rev/$20B FCF. New multi-year contracts ($93.9B value, 8 customers) w/ ~80% GM floor. FY28-30 targets: mid-high teens growth, ~80% GM, 50% FCF margin, 100% excess cash return. HBF optionality on AI inference. Risk: untested LTAs in downturn.
Read full article (8 min)