Sandisk (SNDK)
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-04
$1037.40-7.91%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-04
QuarterlyIQ Insights · SNDK
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -25.0% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 58.2% |
Growth built into the price is above our model estimate.
The price assumes 83.2 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 4 industry peers · Company calendar date is not available
SNDK — credit agreement
Dated 2026-09-11
Entry Into a Material Definitive Agreement. On September 9, 2026, Sandisk Corporation (“SDC” or the “Company”) entered into Amendment No. 1 (“Amendment No. 1”) by and among the Company, Sandisk Technologies, Inc. (“SDT”), the banks and other financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent, to the Company’s Loan Agreement dated as of February 21, 2025 by and among the Company, the banks and other financial institutions party thereto and JPMorgan Chas…
Why it matters: Q1 revenue reached $11.0 billion, and management guided to $12.2 billion–$12.6 billion for Q2. A result above the range would extend that growth.
Supportive ifQ2 FY2027 revenue is reported above $12.6 billion.
Worry ifQ2 FY2027 revenue is reported below $12.2 billion.
Why it matters: Sandisk reported five new multi-year agreements since April, but the supplied results do not show their revenue. More signed deals would show the plan is advancing.
Supportive ifSandisk reports at least one new NBM agreement and names a new customer.
Worry ifSandisk reports no new NBM agreements in its next results update.
Why it matters: The split is set to take effect after market close on November 19. Its completion will test the stated schedule, though it does not change total company value.
Watch forTrading starts on a post-split basis at the market open on November 20, 2026.
Also watch forSandisk announces that the November 19 split date or November 20 start date has changed.
Why it matters: Q1 non-GAAP gross margin was 85.1%, and Q2 guidance starts at 84.5%. A lower result would mark a clear step down from that range.
Worry ifQ2 FY2027 non-GAAP gross margin is reported below 84.4%.
Less concerning ifQ2 FY2027 non-GAAP gross margin is at or above 84.5%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$414 on $10,000 · ±4.1% | How much price usually moves either way. |
| Bad day | $1,155 loss on $10,000 · 11.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,649 loss on $10,000 · 56.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.