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SanDisk Corp. SNDK stock rebounded about 10% in Friday premarket trading after plunging 22% Thursday, as investors reassessed ...
Model output · Signal date 2026-11-06
Sandisk Corp (SNDK) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
57.0%
Spearman, 214 dates
Market Cap
$118.82B
large-cap · #1 of 6 peers
Summary
Sandisk Corp (SNDK) stock forecast summary
Our AI scores Sandisk Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Sandisk Corp is a large-cap company with a market capitalization of $118.82B. It ranks number 1 by market capitalization among the 6 Computer Storage Devices issuers in our coverage with a current forecast.
For SNDK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 57.0%, measured on 214 forecast dates between 2025-05-16 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 46.0%, measured on 257 forecast dates between 2025-05-16 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
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Price
SNDK price chart and AI forecast
Cross-section · 2026-11-06
How SNDK ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-10-02
Sandisk Corp (SNDK) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Computer Storage Devices peers listed below that report each metric.
Valuation & Market
| Metric | SNDK | Rank |
|---|---|---|
| Market Cap | $118.82B | 1/6 |
| P/E Ratio | 6.65x | 5/5 |
| P/B Ratio | 6.55x | 5/5 |
| EPS | $125.61 | – |
| Book Value/Share | $127.44 | – |
| Revenue/Share | $203.61 | – |
| FCF/Share | $122.04 | – |
Profitability & Margins
| Metric | SNDK | Rank |
|---|---|---|
| ROE | 107.1% | – |
| ROA | 75.3% | – |
| ROIC | 105.8% | 1/5 |
| Gross Margin | 80.0% | 1/6 |
| Operating Margin | 72.5% | 1/5 |
| Net Margin | 67.0% | – |
| EBT Margin | 76.7% | 1/5 |
| Tax Rate | 12.6% | – |
Financial Health
| Metric | SNDK | Rank |
|---|---|---|
| Current Ratio | 2.58x | 1/6 |
| Quick Ratio | 2.07x | 1/6 |
| D/E Ratio | 0.42x | 5/5 |
| Financial Leverage | 1.42x | – |
| Interest Coverage | 4390.0x | 1/5 |
| Working Capital | $9.40B | 1/6 |
Cash Flow
| Metric | SNDK | Rank |
|---|---|---|
| Operating Cash Flow | $17.55B | 1/6 |
| Free Cash Flow | $17.36B | 1/5 |
| Capital Spending | -$181M | 1/5 |
| OCF Growth YoY | 2967.5% | 1/5 |
| FCF Growth YoY | 5360.7% | 1/5 |
| FCF/Sales | 59.9% | 1/5 |
| CapEx/Sales | 0.6% | 5/5 |
Operational Efficiency
| Metric | SNDK | Rank |
|---|---|---|
| Asset Turnover | 1.12x | – |
| Receivables Turnover | 4.4x | 4/5 |
| Inventory Turnover | 1.9x | 6/6 |
| Fixed Assets Turnover | 41.1x | 1/5 |
| Days Sales Outstanding | 83 days | 2/5 |
| Days Inventory | 190 days | 1/6 |
Income Statement
| Metric | SNDK | Rank |
|---|---|---|
| Total Revenue | $28.97B | 1/5 |
| Operating Income | $20.99B | 1/6 |
| Net Income | $19.42B | – |
| R&D Expense | $1.40B | 1/6 |
| SG&A Expense | $711M | 3/6 |
| Cost of Goods Sold | $5.81B | 3/6 |
Dividend & Shareholder Information
| Metric | SNDK | Rank |
|---|---|---|
| Shares Outstanding | 142M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $15.35B | 59.5% of assets |
| Cash & Short-term Investments | $5.14B | 19.9% of assets |
| Accounts Receivable | $6.58B | 25.5% of assets |
| Inventory | $3.02B | 11.7% of assets |
| Total Liabilities | $7.66B | 29.7% of assets |
Quarterly Financial Reports
SNDK quarterly financials and insider trading
Industry Peers · Computer Storage Devices
Sandisk Corp (SNDK) industry peers
Companies classified under the same SEC industry code as Sandisk Corp (Computer Storage Devices): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Technology · Computer Storage Devices
News
Sandisk Corp (SNDK) stock news
What's going on with SanDisk stock today?
<?xml encoding="utf-8" ?> Sandisk Corp. SNDK stock extended its decline Thursday as investors continued reducing exposure to ...
SanDisk Corp. (SNDK): Exiting the Memory Space After Momentum Reversal
BUFFALO Funds, an actively managed mutual fund advised by Kornitzer Capital Management, released its third-quarter 2026 investor letter for “Buffalo Growth Fund”. The letter can be downloaded here.
FAQ
Sandisk Corp (SNDK) stock forecast FAQ
What is the Sandisk Corp (SNDK) stock forecast?
Our AI scores Sandisk Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Sandisk Corp stock predictions?
For SNDK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 57.0%, measured on 214 forecast dates between 2025-05-16 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 46.0%, measured on 257 forecast dates between 2025-05-16 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Sandisk Corp forecasts updated?
Sandisk Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Sandisk Corp's industry peers?
6 issuers in our coverage, SNDK included, share the SEC industry code Computer Storage Devices. The largest are: Seagate Technology Holdings Plc (STX), Western Digital Corp (WDC), Netapp, Inc. (NTAP), Everpure, Inc. (P), Quantum Corp /De/ (QMCO).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.