Added to YB: 2026-10-01
Pitch date: 2026-09-27
SNDK [bullish]
Sandisk Corporation
-19.68%
current return
Author Info
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Company Info
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the Americas, Europe, the Middle East, Africa, Asia, and internationally.
Market Cap
$253.3B
Pitch Price
$1.7K
Price Target
2.1K (+52%)
Dividend
N/A
EV/EBITDA
19.50
P/E
23.45
EV/Sales
12.20
Sector
Technology Hardware, Storage and Peripherals
Category
turnaround
SanDisk and the revaluation that no one saw coming
SNDK (monitor): SanDisk’s New Business Model contracts could make its volatile NAND business more predictable as AI-infrastructure demand grows: eight customers cover ~50% of FY2027 bits and two-thirds of FY2028 bits. At $1,791.82, the $2,125 average target implies 18.6% upside, but Q4 gross margin reached 84.6%, data-center growth was rapid, and expectations are already elevated; reduced spot-price upside under NBMs and unproven HBF adoption leave execution and valuation unresolved.
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