SNDK
SandiskNASDAQInformation TechnologyComputer HardwareSnapshot 2026-05-08
As of May 8, 2026, SNDK has a composite score of 12.1, categorized as "mild favorable." The score is influenced by a low confidence level of 58.9 and elevated market risk at 70.2. Key drivers include macroeconomic factors such as rates, growth, inflation, and labor. The assessment is provisional, reflecting recent changes in guidance and sector trends.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share-0.10
- Slope (norm)0.56
- Bonus0.18
Why this rank
Watch
— has something changed worth re-reading?Buyback / dividend activity on weakening fundamentals — historically a value-trap pattern (48% T+1y positive return vs 69% baseline in IT 2024-26).
Why this setup
EPS estimate $18.43 → $33.05 (+79.3% / 30d). 8 raised, 0 cut, 16 covering analysts.
1 upgrade, 0 downgrades / 30d, 13 maintained. 74% of analysts rate Buy.
16 PT revisions / 30d. Avg target 25.9% above current price.
2 positive, 0 negative / 30d. See F4 management tile for the event list.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
4 material events in the last 24 months — top 4 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Announce $6 billion share repurchase programcapital allocationmixed44% progress
4/30: “On April 30, 2026, the Company announced a $6 billion share repurchase program.”
Why this status
Newly stated in 2026-Q2. The company announced a $6 billion share repurchase program on April 30, 2026. This initiative is aimed at enhancing shareholder value. As this is a new announcement, there is no prior trajectory to assess.
- 2.Expect Q4 revenue between $7.75B and $8.25Bgrowthmixed65% progress
4/30: “Expect fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion.”
Why this status
Newly stated in 2026-Q2. Sandisk has provided guidance for Q4 revenue to be between $7.75 billion and $8.25 billion. This is a forward-looking statement, and the actual results will need to be assessed against this guidance in future quarters.
- 3.Expect Q4 EPS between $30.00 and $33.00growthmixed65% progress
4/30: “Expected Non-GAAP diluted net income per share to be in the range of $30.00 to $33.00.”
Why this status
Newly stated in 2026-Q2. Sandisk has provided guidance for Q4 EPS to be between $30.00 and $33.00. This is a forward-looking statement, and the actual EPS will need to be assessed against this guidance in future quarters.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 97%; 252d 95%.
Drawdown — Max 1y −31%. Bad day move −7%.
Beta to sector ETF (XLK) — 0.13 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 0/100, drawdown 37/100, beta 13/100, earnings vol —.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 2826.3% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Announce $6 billion share repurchase program
Capital allocationNew since 2026-05-04Sandisk announced a $6 billion share repurchase program to enhance shareholder value.
MixedNewly stated in 2026-Q2. The company announced a $6 billion share repurchase program on April 30, 2026. This initiative is aimed at enhancing shareholder value. As this is a new announcement, there is no prior trajectory to assess.
$6 billion share repurchase program announced44%CEO/CFO:“On April 30, 2026, the Company announced a $6 billion share repurchase program.”Multiple sourcesSource dated 2026-04-30Stated 1 of last 8 quartersFirst seen 2026-05-04Show history (1)
- 2026-Q2Multiple sources
“On April 30, 2026, the Company announced a $6 billion share repurchase program.”
- #2
Expect Q4 revenue between $7.75B and $8.25B
GrowthNew since 2026-05-04Sandisk expects fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion.
On track →MixedNewly stated in 2026-Q2. Sandisk has provided guidance for Q4 revenue to be between $7.75 billion and $8.25 billion. This is a forward-looking statement, and the actual results will need to be assessed against this guidance in future quarters.
65%CEO/CFO:“Expect fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion.”Multiple sourcesSource dated 2026-04-30Stated 1 of last 8 quartersFirst seen 2026-05-04Show history (1)
- 2026-Q2Multiple sources
“Expect fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion.”
- #3
Expect Q4 EPS between $30.00 and $33.00
GrowthNew since 2026-05-04Sandisk expects fourth quarter EPS to be in the range of $30.00 to $33.00.
On track →MixedNewly stated in 2026-Q2. Sandisk has provided guidance for Q4 EPS to be between $30.00 and $33.00. This is a forward-looking statement, and the actual EPS will need to be assessed against this guidance in future quarters.
65%CEO/CFO:“Expected Non-GAAP diluted net income per share to be in the range of $30.00 to $33.00.”Multiple sourcesSource dated 2026-04-30Stated 1 of last 8 quartersFirst seen 2026-05-04Show history (1)
- 2026-Q2Multiple sources
“Expected Non-GAAP diluted net income per share to be in the range of $30.00 to $33.00.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks more expensive than peers.
Self-history needs ~20 months of data.
P/E over the last 5 years
0 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
SNDK Sandisk | +12 | full | elevated |
NVDA NVIDIA Corporation | +20 | full | moderate |
AAPL Apple Inc | +19 | full | moderate |
MSFT Microsoft | +27 | fair | elevated |
AVGO Broadcom | +11 | expensive | elevated |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-04-30)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-04-30)-8.0 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
- If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-308d agoItem 2.02
Results of Operations and Financial Condition. On April 30, 2026 , Sandisk Corporation (the “Company”) announced financial results for the fiscal third quarter ended April 3, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Secu…
earnings preannouncementpositivescore 60 - 2026-04-308d agoItem 8.01
Other Events. On April 30, 2026 , the Company announced that its Board of Directors had approved a $6 billion (exclusive of fees and commissions) share repurchase program (the “Repurchase Program”). The acquisition of shares under the Repurchase Program may be effected from time to time through open market purchases (including under a plan adopted pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934) or other methods of acquiring shares, in each case on such terms and…
capital allocationpositivescore 43 - 2026-03-251mo agoItem 1.01
Entry into a Material Definitive Agreement. On March 25, 2026, Sandisk Technologies, Inc. (the “Company”), a wholly-owned subsidiary of Sandisk Corporation, entered into a Private Placement Subscription Agreement (the “Equity Investment Agreement”) with Nanya Technology Corporation (“Nanya”), pursuant to which the Company agreed to make a strategic equity investment in Nanya through a private placement of Nanya common stock (the “Transaction”). Under the Equity Investment Agreement, the Compa…
capital allocationneutralscore 24 - 2026-01-293mo agoItem 2.02
Results of Operations and Financial Condition. On January 29, 2026 , Sandisk Corporation (the “Company”) announced financial results for the fiscal second quarter ended January 2, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the…
earnings preannouncementpositivescore 7 - 2026-01-024mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On December 30, 2025, the Board of Directors (the “Board”) of Sandisk Corporation (the “Company”) unanimously appointed Alexander Bradley to serve as a member of the Board until the Company’s next annual meeting of stockholders and until his respective successor is duly elected and qualified. There are no arrangements or understandings between Mr. B…
executive changeneutralscore 3
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.