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Sandisk Corp (SNDK)

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Upturn Advisory Summary
01/09/2026: SNDK (3-star) is a STRONG-BUY. BUY since 10 days. Simulated Profits (50.93%). Updated daily EoD!
1 Year Target Price $269.68
1 Year Target Price $269.68
| 5 | Strong Buy |
| 1 | Buy |
| 5 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 586.46% | Avg. Invested days 32 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 51.24B USD | Price to earnings Ratio - | 1Y Target Price 269.68 |
Price to earnings Ratio - | 1Y Target Price 269.68 | ||
Volume (30-day avg) 12 | Beta - | 52 Weeks Range 27.89 - 384.00 | Updated Date 01/7/2026 |
52 Weeks Range 27.89 - 384.00 | Updated Date 01/7/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -12.03 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -22.37% | Operating Margin (TTM) 8.32% |
Management Effectiveness
Return on Assets (TTM) 1.81% | Return on Equity (TTM) -16.18% |
Valuation
Trailing PE - | Forward PE 25.84 | Enterprise Value 51336387973 | Price to Sales(TTM) 6.59 |
Enterprise Value 51336387973 | Price to Sales(TTM) 6.59 | ||
Enterprise Value to Revenue 6.6 | Enterprise Value to EBITDA - | Shares Outstanding 146553179 | Shares Floating 138067750 |
Shares Outstanding 146553179 | Shares Floating 138067750 | ||
Percent Insiders 5.36 | Percent Institutions 87.22 |
Upturn AI SWOT
Sandisk Corp
Company Overview
History and Background
SanDisk Corporation was founded in 1988 by Dr. Eli Harari, Sanjiv Ahluwalia, and Jack Yuan. Initially focused on flash memory technology, the company became a pioneer and leading manufacturer of flash memory cards, USB flash drives, and solid-state drives (SSDs). Key milestones include the development of the first commercially viable CompactFlash card and its subsequent IPO in 1995. SanDisk played a crucial role in the proliferation of digital cameras, mobile phones, and other portable electronic devices that relied on removable and internal flash storage. The company was acquired by Western Digital Corporation in May 2016.
Core Business Areas
- Flash Memory Products: SanDisk's core business revolved around the design, manufacturing, and sale of flash memory storage solutions. This included a wide range of products for both consumer and enterprise markets, such as memory cards (SD, microSD), USB flash drives, SSDs, and embedded flash storage solutions for smartphones and tablets.
- Enterprise Storage Solutions: Beyond consumer electronics, SanDisk also developed and marketed high-performance SSDs and flash storage solutions for data centers and enterprise applications, offering improved speed, reliability, and efficiency for businesses.
Leadership and Structure
Prior to its acquisition by Western Digital, SanDisk was led by its executive management team, with Dr. Eli Harari serving as Co-founder and CEO for many years. The company operated as a publicly traded entity with a board of directors overseeing its strategic direction. Following the acquisition, SanDisk's operations and product lines were integrated into Western Digital's broader storage solutions portfolio.
Top Products and Market Share
Key Offerings
- Description: High-performance memory cards for digital cameras, smartphones, and other portable devices, offering various capacities and read/write speeds. Competitors include Samsung, Kingston, Lexar, and PNY.
- Estimated Revenue Contribution (Pre-Acquisition): Significant, contributing to a substantial portion of consumer storage revenue.
- Market Share Data: While specific market share for individual SanDisk product lines is difficult to ascertain post-acquisition, SanDisk historically held a significant share in the removable flash memory market.
- Product Name 1: SanDisk Extreme/Ultra SD and microSD Cards
- Description: Portable storage devices for easy data transfer and backup, ranging from basic models to high-speed USB 3.0/3.1 drives. Competitors include Kingston, Samsung, PNY, and Verbatim.
- Estimated Revenue Contribution (Pre-Acquisition): Substantial, a core product for consumer market penetration.
- Market Share Data: SanDisk was a leading brand in the USB flash drive market.
- Product Name 2: SanDisk USB Flash Drives
- Description: Internal SSDs for PCs and laptops, offering significant speed and performance improvements over traditional hard drives. Also included enterprise-grade SSDs for data centers. Competitors include Samsung, Crucial, Intel, Micron, and SK Hynix.
- Estimated Revenue Contribution (Pre-Acquisition): Growing, especially with the expansion into enterprise solutions.
- Market Share Data: SanDisk established a strong presence in the consumer SSD market and a growing foothold in enterprise SSDs.
- Product Name 3: SanDisk Solid State Drives (SSDs)
Market Dynamics
Industry Overview
The flash memory and storage industry is characterized by rapid technological advancement, intense competition, and cyclical pricing. Key drivers include the increasing demand for data storage in mobile devices, cloud computing, data centers, AI, and the Internet of Things (IoT). The industry is also influenced by global supply chain dynamics and the cost of raw materials.
Positioning
SanDisk, as a leading flash memory manufacturer, was well-positioned due to its strong brand recognition, extensive product portfolio, and technological innovation in flash memory controllers and NAND flash technology. Its competitive advantages included its early entry into the market, significant R&D investments, and established distribution channels. Post-acquisition, its technologies and product lines are integrated within Western Digital's broader storage strategy.
Total Addressable Market (TAM)
The TAM for flash memory and storage solutions is vast and continuously growing, encompassing consumer electronics, enterprise storage, automotive, and industrial applications. Estimates for the global flash memory market range in the tens of billions of dollars annually and are projected to grow significantly. SanDisk, through its integration with Western Digital, remains a significant player in capturing a substantial portion of this TAM across various market segments.
Upturn SWOT Analysis
Strengths
- Strong brand recognition and reputation for quality and reliability.
- Leading innovator in flash memory technology and controller design.
- Broad product portfolio catering to both consumer and enterprise markets.
- Established global distribution and sales network.
- Significant intellectual property portfolio in flash memory.
Weaknesses
- Dependence on fluctuating NAND flash memory chip prices.
- Intense competition from well-established players.
- Integration challenges and potential market overlap post-acquisition by Western Digital.
- Susceptibility to supply chain disruptions affecting manufacturing.
Opportunities
- Growing demand for high-capacity and high-performance storage in cloud computing and data centers.
- Expansion of flash storage in IoT devices and edge computing.
- Increasing adoption of SSDs in PCs and laptops as a standard.
- Development of new memory technologies beyond current NAND flash.
- Leveraging Western Digital's broader storage ecosystem.
Threats
- Price wars and commoditization of certain flash memory products.
- Emergence of disruptive storage technologies.
- Economic downturns impacting consumer and enterprise spending on electronics.
- Geopolitical factors affecting global trade and supply chains.
- Intellectual property disputes and litigation.
Competitors and Market Share
Key Competitors
- Samsung Electronics (KRX: 005930)
- Micron Technology (NASDAQ: MU)
- SK Hynix (KRX: 000660)
- Kioxia Holdings Corporation (formerly Toshiba Memory)
- Intel Corporation (NASDAQ: INTC)
Competitive Landscape
SanDisk, now integrated into Western Digital, faces intense competition from global giants like Samsung and Micron, who also possess strong NAND flash manufacturing capabilities and extensive product portfolios. SanDisk's historical strength lay in its innovation and brand recognition, particularly in consumer flash products. Its advantage now lies within Western Digital's broader storage ecosystem, which includes hard disk drives (HDDs) and a comprehensive cloud storage strategy. The competitive landscape is characterized by continuous R&D investment, strategic partnerships, and the ongoing pursuit of cost efficiencies in manufacturing.
Major Acquisitions
Western Digital Corporation
- Year: 2016
- Acquisition Price (USD millions): 19000
- Strategic Rationale: To create a leading global data storage solutions company with a comprehensive portfolio of both HDD and flash-based storage technologies. The acquisition aimed to capitalize on the growing demand for data storage across all segments, including enterprise, mobile, and client devices, and to enhance Western Digital's competitive position against rivals.
Growth Trajectory and Initiatives
Historical Growth: SanDisk experienced substantial historical growth since its inception, evolving from a niche memory card company to a major player in the global flash storage market. Its growth was fueled by the digital revolution, the proliferation of portable electronics, and its strategic expansion into SSDs and enterprise solutions.
Future Projections: As an integrated part of Western Digital, SanDisk's future growth trajectory is now tied to Western Digital's overall strategy in the storage market. Western Digital is focused on leveraging SanDisk's NAND flash technology and SSD expertise to capitalize on the growing demand for high-capacity and high-performance storage solutions in areas like cloud, AI, and data-intensive applications.
Recent Initiatives: Following its acquisition, SanDisk's technologies and product lines have been integrated into Western Digital's product roadmap. Western Digital has continued to invest in NAND flash R&D and expand its SSD offerings for both consumer and data center markets, building upon the foundation SanDisk established.
Summary
SanDisk Corporation, now part of Western Digital, was a pioneer and leader in flash memory storage. Its strength lies in its innovative technology, strong brand, and diverse product range. The integration with Western Digital positions it to leverage a broader ecosystem for growth, particularly in the expanding enterprise and cloud storage markets. The company needs to navigate intense competition and the cyclical nature of the flash memory market to maintain its leadership and capitalize on emerging opportunities.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Historical SanDisk Corporation financial reports (SEC filings)
- Western Digital Corporation financial reports (SEC filings)
- Industry analysis reports from market research firms (e.g., Gartner, IDC)
- Financial news and data aggregators (e.g., Bloomberg, Reuters, Yahoo Finance)
Disclaimers:
This JSON output is based on publicly available information and historical data prior to the acquisition of SanDisk Corporation by Western Digital. Market share data is estimated and may vary depending on the source and specific market segment analyzed. This analysis is for informational purposes only and does not constitute investment advice. The stock symbols provided are for informational purposes; please consult a financial professional for investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sandisk Corp
Exchange NASDAQ | Headquaters Milpitas, CA, United States | ||
IPO Launch date 2025-02-24 | Chairman & CEO Mr. David V. Goeckeler | ||
Sector Technology | Industry Computer Hardware | Full time employees 11000 | Website https://www.sandisk.com |
Full time employees 11000 | Website https://www.sandisk.com | ||
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.

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