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Sandisk Corporation

SNDKTechnologyNASDAQ

Computer Hardware

PriceMA150MA200
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Financials · Annual
Revenue
$7.36B
+10.4% YoY
Net Income
-$1.64B
-144.2% YoY
EBITDA
-$1.25B
-424.3% YoY
Free Cash Flow
$2.26B

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About Sandisk Corporation

Headquartered within the technology sector, Sandisk Corporation focuses on Computer Hardware services and products. 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. Valued at $254.18B, SNDK is a mega-cap name in its sector. 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.

Key stats
Market Cap$254.18B
P/E (TTM)58.82
Fwd P/E9.77
EPS$29.18
52W Change+4210.3%
ROE39.3%
Analysis

With $3.74B in cash and $207.0M in debt, SNDK maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $2.26B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 39.3%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 22.8% further supports the picture of efficient asset utilization. Revenue has grown from $6.09B (2023) to $7.36B (2025), reflecting a 21% increase over the period.

With cash comfortably exceeding debt, SNDK has financial flexibility that may help navigate uncertain periods. At over 50x earnings, SNDK carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing SNDK.

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