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Sandisk Corporation (SNDK)

Technology | Computer Hardware | Milpitas, United States | NasdaqGS
2,184.75 USD +225.95 (11.535%) ⇧ (June 18, 2026, 4 p.m. EDT)
After hours: 2,209.28 +24.53 (1.123%) ⇧ (June 18, 2026, 7:59 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | June 19, 2026, 8:30 a.m. EDT

The stock is trading at the upper limit of its 52-week range, driven by a narrative of an AI memory upcycle and a massive recent rally. While the balance sheet is exceptionally strong with net cash and high returns on equity, the valuation is stretched with a trailing P/E of 74x, and analyst consensus targets sit significantly below the current price. Without a complete view of the historical price trajectory, the long-term picture depends on whether earnings can expand margins enough to justify the premium. Options activity reveals a mix of aggressive bullish speculation and deep downside hedging, highlighting the market's uncertainty despite the strong momentum.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.470504
MSTL0.476436
AutoTheta0.491032
AutoARIMA0.541563

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 25%
H-stat 63.67
Ljung-Box p 0.000
Jarque-Bera p 0.086
Excess Kurtosis -1.40
Attribute Value
Sector Technology
Debt to Equity Ratio 1.503
Revenue per Share 89.993
Market Cap 323,539,107,840
Trailing P/E 74.62
Forward P/E 11.94
Profit Margins 34.19%
Website https://www.sandisk.com

As of June 19, 2026, 8:30 a.m. EDT: Implied volatility remains elevated across all expirations, ranging from 100% to 115%. Call buyers are establishing significant option interest walls near the current price and above, targeting strikes between 2000 and 3000. Conversely, put sellers are heavily positioned deep out-of-the-money, creating a protective floor far below current levels. This skew suggests traders are betting on continued upside while insuring against a potential sharp correction.


Info Dump

Attribute Value
52 Week Change 45.90318
Address1 951 Sandisk Drive
All Time High 2,191.69
All Time Low 27.885
Ask 2,164.05
Ask Size 1
Audit Risk 8
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 11,377,720
Average Daily Volume3 Month 14,732,036
Average Volume 14,732,036
Average Volume10Days 11,377,720
Bid 2,188.01
Bid Size 5
Board Risk 9
Book Value 93.088
City Milpitas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2,184.75
Current Ratio 4.782
Custom Price Alert Confidence HIGH
Date Short Interest 1,780,012,800
Day High 2,191.69
Day Low 2,029.0
Debt To Equity 1.503
Display Name Sandisk
Earnings Call Timestamp End 1,777,581,000
Earnings Call Timestamp Start 1,777,581,000
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,787,601,600
Earnings Timestamp Start 1,787,601,600
Ebitda 5,632,000,000
Ebitda Margins 0.42718
Enterprise To Ebitda 51.74
Enterprise To Revenue 22.103
Enterprise Value 291,400,155,136
Eps Current Year 65.44962
Eps Forward 183.046
Eps Trailing Twelve Months 29.28
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1,399.8558
Fifty Day Average Change 784.89417
Fifty Day Average Change Percent 0.5606964
Fifty Two Week Change Percent 4,590.318
Fifty Two Week High 2,191.69
Fifty Two Week High Change -6.9399414
Fifty Two Week High Change Percent -0.0031664795
Fifty Two Week Low 40.1
Fifty Two Week Low Change 2,144.65
Fifty Two Week Low Change Percent 53.482544
Fifty Two Week Range 40.1 - 2191.69
Financial Currency USD
First Trade Date Milliseconds 1,739,457,000,000
Float Shares 146,012,059
Forward Eps 183.046
Forward P E 11.935524
Free Cashflow 2,259,500,032
Full Exchange Name NasdaqGS
Full Time Employees 11,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,780,531,200
Gross Margins 0.56038
Gross Profits 7,388,000,256
Has Pre Post Market Data 1
Held Percent Insiders 0.01125
Held Percent Institutions 0.80846
Implied Shares Outstanding 148,089,758
Industry Computer Hardware
Industry Disp Computer Hardware
Industry Key computer-hardware
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,750,982,400
Long Business Summary Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, industrial, and connected home applications, as well as removable cards, universal serial bus drives, and wafers and components. It sells its products to computer manufacturers and original equipment manufacturers, datacenters, private cloud customers, cloud service providers, resellers, distributors, and retailers through its sales personnel, dealers, distributors, retailers, and subsidiaries. Sandisk Corporation was incorporated in 2024 and is based in Milpitas, California.
Long Name Sandisk Corporation
Market us_market
Market Cap 323,539,107,840
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1860586153
Most Recent Quarter 1,775,174,400
Net Income To Common 4,506,999,808
Next Fiscal Year End 1,782,518,400
Non Diluted Market Cap 323,539,098,790
Number Of Analyst Opinions 22
Open 2,044.745
Operating Cashflow 4,639,000,064
Operating Margins 0.69983
Overall Risk 9
Payout Ratio 0.0
Phone 408 801 1000
Post Market Change 24.53003
Post Market Change Percent 1.1227843
Post Market Price 2,209.28
Post Market Time 1,781,827,199
Previous Close 1,958.8
Price Eps Current Year 33.380634
Price Hint 2
Price To Book 23.469728
Price To Sales Trailing12 Months 24.540285
Profit Margins 0.34185
Quick Ratio 3.432
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.59091
Region US
Regular Market Change 225.95
Regular Market Change Percent 11.5351
Regular Market Day High 2,191.69
Regular Market Day Low 2,029.0
Regular Market Day Range 2,029.0 - 2191.69
Regular Market Open 2,044.745
Regular Market Previous Close 1,958.8
Regular Market Price 2,184.75
Regular Market Time 1,781,812,801
Regular Market Volume 11,706,226
Return On Assets 0.22823
Return On Equity 0.39297
Revenue Growth 2.51
Revenue Per Share 89.993
Sand P52 Week Change 0.2568333
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 9
Shares Outstanding 148,089,758
Shares Percent Shares Out 0.0622
Shares Short 9,209,981
Shares Short Previous Month Date 1,777,507,200
Shares Short Prior Month 10,827,454
Short Name Sandisk Corporation
Short Percent Of Float 0.0971
Short Ratio 0.64
Source Interval 15
State CA
Symbol SNDK
Target High Price 3,250.0
Target Low Price 1,000.0
Target Mean Price 1,751.3182
Target Median Price 1,632.5
Total Cash 3,735,000,064
Total Cash Per Share 25.221
Total Debt 207,000,000
Total Revenue 13,184,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 29.28
Trailing P E 74.615776
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 613.2599
Two Hundred Day Average Change 1,571.4901
Two Hundred Day Average Change Percent 2.562519
Type Disp Equity
Volume 11,706,226
Website https://www.sandisk.com
Zip 95,035