SNDK · NMS S&P 500

Sandisk Corporation

Technology · Computer Hardware

$859.99 −$26.52 (−2.99%) today

Closing price on Nov 10, 2026 · Source: Yahoo Finance

Consensus of 25 analysts

Buy

Median price target $2,050.00 +138.4%

Open: $861.34
Day range: 826.67 – $914.82
52-week range: 183.00 – $2,354.39
Volume: 13,704,477
Market cap: $122,367M
P/E (TTM): 6.9x
EPS (TTM): $125.12
EPS est. FY 2027: $227.48
P/E est. FY 2027: 3.8x
Dividend yield: n/a
Beta: n/a
Payout: 0%

Sandisk financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$11,031M	+377.9%
Net income	$8,101M	+7,133.0%
Earnings per share	$52.60	+6,913.3%
Net margin	73.4%	+68.6 pp
Free cash flow	$6,309M	+1,340.4%
Debt / equity	0.01	−94.0%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$2,308M	$112M
Q4 2025	$3,025M	$803M
Q1 2026	$5,950M	$3,615M
Q2 2026	$8,965M	$6,903M
Q3 2026	$11,031M	$8,101M

Sandisk earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 17	$57.11856.00 – 60.12	+821.3%$6.200
Next quarterQ1 2027 · Analysts: 17	$57.52254.17 – 63.38	+145.7%$23.410
Current yearFY 2027 · Analysts: 21	$227.481219.30 – 241.23	+220.9%$70.880
Next yearFY 2028 · Analysts: 20	$289.054243.95 – 356.85	+27.1%$227.481

Forward P/E: 3.8x (FY 2027) and 3.0x (FY 2028) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$0.750	—
Q4 2025	$6.200	$3.543
Q1 2026	$23.410	$14.661
Q2 2026	$39.250	$34.515
Q3 2026	$49.510	$46.406
Q4 2026	—	$57.118
Q1 2027	—	$57.522

Year	Actual EPS	Estimated EPS
FY 2023	−$14.780	—
FY 2024	−$4.630	—
FY 2025	−$11.320	—
FY 2026	$73.760	—
FY 2027	—	$227.481
FY 2028	—	$289.054

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$57.522	+145.7%
Q4 2026Estimated	$57.118	+821.3%
Q3 2026	$49.510est. $46.406 · surprise +6.7%	+6,501.3%
Q2 2026	$39.250est. $34.515 · surprise +13.7%	n/a
Q1 2026	$23.410est. $14.661 · surprise +59.7%	n/a
Q4 2025	$6.200est. $3.543 · surprise +75.0%	n/a
Q3 2025	$0.750	n/a

Year	EPS	Annual change
FY 2028Estimated	$289.054	+27.1%
FY 2027Estimated	$227.481	+208.4%
FY 2026	$73.760	n/s
FY 2025	−$11.320	n/s
FY 2024	−$4.630	n/s
FY 2023	−$14.780	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Sandisk dividend

Sandisk has not paid dividends in recent years.

Sandisk forecasts

25 analyst ratings

Buy84% Hold16% Sell0%

Consensus: Buy · 21 buy, 4 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$3,000.00	+248.8%
Median	$2,050.00	+138.4%
Low	$870.00	+1.2%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$223.28
Dec 31, 2025	$237.38
Jan 30, 2026	$576.25
Feb 27, 2026	$635.36
Mar 31, 2026	$635.34
Apr 30, 2026	$1,096.51
May 29, 2026	$1,694.98
Jun 30, 2026	$2,273.73
Jul 31, 2026	$1,214.83
Aug 31, 2026	$1,566.70
Sep 30, 2026	$1,739.89
Oct 30, 2026	$1,150.89
Nov 10, 2026	$859.99

Sandisk peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
SNDK	Sandisk	122,367	6.9x	859.99	−2.99%	183.002,354.39
ANET	Arista Networks	233,755	49.6x	185.02	−0.62%	114.52217.41
DELL	Dell Technologies	212,603	19.4x	334.38	−3.44%	110.22595.51
STX	Seagate Technology	115,152	26.3x	501.62	−0.89%	228.611,145.00
WDC	Western Digital	108,254	10.2x	289.20	−0.20%	132.43799.87
P	Everpure	33,983	139.7x	101.98	−0.84%	56.78157.57