SNDK
Sandisk Corp Information Technology Computer Storage Devices S&P 500Nasdaq-100Russell 3000
$1,150.89Close
$168.0BMarket cap
$194.38 – $2,335.0052-week range
Late-januaryNext report · estimated
Highlights
Strengths
- Leading the market RS 99 · stronger than 99% of stocks over 12 months
- Earnings growing EPS +6898% year on year
Cautions
- Not in an uptrend 5 of 8 trend conditions
- Far from its high 51% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
51%
1wk
down 7.0%
price change
1mo
down 33.9%
price change
12-month return
up 488%
market up 11% ·
its own up 452%
F-score
8 / 9
Exceptional
Altman Z
18.59
Low risk
P/E
14.7×
price / earnings
PEG
—
P/E / EPS growth
P/B
10.7×
price / book
Earnings yield
up 7.6%
EBIT / enterprise value
Cheaper than
59%
of the market · around average
Revenue growth
up 175%
year on year
EPS growth
up 6898%
latest quarter
Sales growth
up 378%
latest quarter · +6 pts
ROE
up 92%
return on equity
Free cash margin
up 57%
$11.5B FCF
D/E
0.00
long-term debt / equity
Net debt / EBITDA
-0.4×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- short-term liquidity weakened
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- no new shares issued
- gross margin widened
- assets working harder
Repair signals
- FCF turned positive ($-120M → $11,494M)
- Long-term debt down 100% ($1.8B → $0.0B)
- Gross margin 30.1% → 71.5%
Trade setup
ATR%
8.7%
$100.17 a day · 2×ATR $950.55
RS
99 / 99
vs the universe
Trend
5 / 8
under the 150/200-day, under the 50-day, over 25% off the high
Relative volume
1.9×
vs 50-day average
Up/down volume
0.74
50 sessions
Implied move
—
no scheduled report
Trend template · 5 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 29, 2026
Last shock
Jul 28, 2026-14% in one session2.0× volumeno filing matched+5% since
Options
$1.2B74.6% IV · activity
Financials
- Gross 71%
- Net 56%
- Free cash 57%
- Cash
- Long-term debt
| FY2023Jun 30, 2023 | FY2024Jun 28, 2024 | FY2025Jun 27, 2025 | FY2026Jul 3, 2026 | |
|---|---|---|---|---|
| Revenue | $6.1B | $6.7B | $7.4B | $20.2B |
| Gross margin | 7% | 16% | 30% | 71% |
| Operating income | -$2.0B | -$468.0M | -$1.4B | $12.4B |
| Net income | -$2.1B | -$672.0M | -$1.6B | $11.4B |
| Net margin | -35% | -10% | -22% | 56% |
| Earnings per share | -$14.78 | -$4.63 | -$11.32 | $73.76 |
| Free cash flow | -$932.0M | -$475.0M | -$120.0M | $11.5B |
| Free cash margin | -15% | -7% | -2% | 57% |
| Cash | $292.0M | $328.0M | $1.5B | $4.8B |
| Long-term debt | — | $0 | $1.8B | $0 |
| Shareholders' equity | $11.4B | $11.1B | $9.2B | $15.7B |
| Shares outstanding | — | — | 146m | 146m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $966 – $1,350 ±16.6% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 74.6% priced · 81.5% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $1.2B calls $508.0M · puts $726.8M · latest session
- 1.43× -2.01 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -64.44k · puts -37.23k past week
For options traders: ATM IV 74.6% (-1.5% 1w) · 1m ÷ 3m IV 1.10 · 25Δ skew 7.9 pts · Net GEX -$102.9M
Most traded contracts 1
| Contract | Next day: opened, closed or mixed A large option trade on its own is ambiguous: it may have opened a position, closed one, or been one leg of a spread. Open interest is published overnight, so the next morning settles it. Opened: open interest rose by a good share of the volume traded, so positions were added. Closed: it fell, so positions were taken off. Mixed: it barely moved, as when one side opens while the other closes. A dash: the next morning's count is not in yet. None of the three says whether the contracts were bought or sold. Methodology | Volume against open interest The day's contracts traded, divided by the positions already standing. Above 1 the day's trading exceeded every position in existence, which cannot happen without something new — though only tomorrow's open interest proves it opened rather than closed. Methodology | Bid-ask spread The gap between the bid and the ask as a share of the midpoint: what a round trip costs before the position has moved at all. Methodology | Priced vs rest of chain The contract's implied volatility less the at-the-money reading for the same company, in points: how this strike is priced against the rest of the chain. Methodology | Move to break even How far the stock must move by expiry for a buyer at the midpoint to get the premium back: strike plus premium for a call, strike less premium for a put. Methodology | Premium |
|---|---|---|---|---|---|---|
| Jan 15, 2027 · $1,000 put -14% from price | — | 0.35 | 4.7% | -2.8% | -20.0% | $4.5M |
Liquid contracts, 3 weeks to 4 months out, soonest expiry first.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 30, 2026 | Quarterly ↗ | Oct 2, 2026 | 28d |
| Aug 17, 2026 | Annual ↗ | Jul 3, 2026 | 45d |
| May 1, 2026 | Quarterly ↗ | Apr 3, 2026 | 28d |
| Jan 30, 2026 | Quarterly ↗ | Jan 2, 2026 | 28d |
| Nov 7, 2025 | Quarterly ↗ | Oct 3, 2025 | 35d |
| Aug 21, 2025 | Annual ↗ | Jun 27, 2025 | 55d |
| May 12, 2025 | Quarterly ↗ | Mar 28, 2025 | 45d |
| Mar 7, 2025 | Quarterly ↗ | Dec 27, 2024 | 70d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results · Other events ↗ |
| Sep 16, 2026 | Director or officer change ↗ |
| Sep 11, 2026 | Material agreement ↗ |
| Aug 5, 2026 | Results · Other events ↗ |
| May 15, 2026 | Other events ↗ |
| Apr 30, 2026 | Results · Other events ↗ |
| Mar 25, 2026 | Material agreement · Other events ↗ |
| Jan 29, 2026 | Results ↗ |
| Jan 2, 2026 | Director or officer change ↗ |
| Nov 20, 2025 | Shareholder vote ↗ |
| Nov 6, 2025 | Results ↗ |
| Aug 14, 2025 | Results ↗ |