Sandisk (SNDK)
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-09-04
$1740.00+11.90%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-09-04
QuarterlyIQ Insights · SNDK
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 2 guided quarters · 111.6% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on growing revenue and market share in higher-value segments such as Datacenter and Edge, leveraging technology leadership and product mix shift.
Stated as a priority in 5 of last 5 quarters. Revenue grew from $1.90 billion in 2025-Q4 to $8.97 billion in 2026-Q4 (+372%), driven by Datacenter revenue growth of 437% year-over-year. Management consistently emphasized the mix shift to higher-value end markets, and the financials show delivering strong growth aligned with this priority.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Datacenter up 437%, mix shift toward higher-value customers driving revenue growth.”
“Datacenter revenue up 233% sequentially, led by AI infrastructure builders and hyperscalers.”
“Datacenter revenue up 64% sequentially, driven by AI infrastructure and technology companies.”
“Datacenter revenue up 26% sequentially, with multiple hyperscalers in qualification.”
“Cloud revenue up 25% year-over-year, reflecting focus on higher-value markets.”
Advance a new business model based on multi-year customer engagements with firm financial commitments to drive durable earnings power.
Stated as a priority in 3 of last 5 quarters. Management reported signing multiple New Business Model agreements starting in 2026-Q3 and continuing into 2026-Q4, indicating progress in implementing multi-year customer contracts. While no direct financial metrics are tied to this priority, the recurring emphasis and deal announcements show advancing execution.
“Since April, signed five additional New Business Model agreements, including with new customers.”
“Ended quarter with three signed New Business Model agreements; signed two more in Q4.”
“Structural reset to align supply with demand positions us to drive disciplined growth and deliver industry-leading financial performance.”
Deploy capital through an active share repurchase program authorized up to $14 billion, enhancing shareholder value.
Stated as a priority in 2 of last 5 quarters. The Board approved a $6 billion share repurchase program in 2026-Q3 and expanded it by $14 billion in 2026-Q4, bringing total remaining authorization to $15.5 billion. This shows active capital allocation through share buybacks consistent with management's stated priority.
“Board approved an additional $14 billion buyback program, total remaining authorization $15.5 billion.”
“Board approved a $6 billion share repurchase program.”
Maintain strong revenue growth, profitability, and cash flow generation to support business and shareholder returns.
Stated as a priority in 5 of last 5 quarters. Fiscal year 2026 revenue grew 175% to $20.25 billion from $7.36 billion in 2025, with net income turning positive to $11.43 billion from a loss of $1.64 billion. Quarterly cash from operations increased from $94 million in 2025-Q4 to $3.04 billion in 2026-Q3. Management's statements about strong financial performance and cash flow are supported by substantial delivery in the financials.
“Fiscal year 2026 revenue was $20.25 billion, up 175% year-over-year, with GAAP net income $11.43 billion.”
“Revenue $5.95 billion, net income $3.62 billion, cash from operations $3.04 billion.”
“Revenue $3.03 billion, net income $803 million, cash from operations $1.02 billion.”
“Revenue $2.31 billion, net income $112 million, cash from operations $488 million.”
“Revenue $1.90 billion, net loss $23 million, cash from operations $94 million.”
Advance to a new business model built on multi-year customer engagements.
Not enough signal yet.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
12 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=3673).
Not investment advice. As of 2026-09-04.