Sandisk Corporation (SNDK)
Technology · Computer Hardware · Data as of 2026-10-22
Bottom line
SNDK is trading near its usual valuation, near its historical support zone, and recent volume suggests money flowing out. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Cheap-looking, with quality flags (Yellow)
For a fast-growing company like SNDK (revenue is growing about 175% a year), we weigh next year's expected P/E of 5.9× against the 23% earnings growth analysts expect (a forward PEG of 0.26, 13 estimates). Historically, paying less than 1× growth has been the cheaper side.
Quality check: gross margin rose from about 30% to 71% in the latest fiscal year. Profits lifted that sharply can mark the high point of a business cycle, which makes the P/E look lower than it may stay.
Price zones — Near its historical support zone (Green)
At $1,260.93, the stock is close to the lower end of its recent range. Over the past year SNDK has traded between $144.82 and $2,354.39; its historical support zone sits near $1,231.91 and resistance near $1,599.25. It is above one of its moving averages and below the other — a mixed trend picture.
52-week range $144.82–$2,354.39 · 50-day average $1,599.25 · 200-day average $1,231.91
Money flow — Money is flowing out (Red)
Recent trading in SNDK shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.6× volume on down days over the last 30 sessions.
Dividends & company facts
SNDK doesn't pay a dividend, but it bought back $4.5 billion of its shares in fiscal 2026, about 2.3% of its market value. Its share count rose 6.9% over the past year.
- Buybacks
- 2.26% (fiscal 2026)
- Shares, past year
- +6.9%
- Revenue, 12 months
- $20.2B
- Profit, 12 months
- $11.4B
- Employees
- 11,100
- CEO
- David V. Goeckeler
- Headquarters
- Milpitas, CA
- Listed since
- 1995 · NASDAQ
About the company
SanDisk Corporation specializes in designing, manufacturing, and supplying storage solutions and devices leveraging advanced NAND flash technology. Its diverse product line features solid-state drives (SSDs), embedded memory solutions, removable memory cards, universal serial bus (USB) devices, and underlying wafers and components. Founded on June 1, 1988, the company maintains its principal executive offices in Milpitas, California.
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一句话结论
SNDK 估值接近其惯常水平，接近其历史支撑区，近期成交量显示资金正在流出。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 看似便宜，但有质量警示
对 SNDK 这样的高增长公司（营收年增长约 175%），我们把它明年的预期市盈率 5.9× 与分析师预计的 23% 盈利增速放在一起看（前瞻 PEG 为 0.26，来自 13 份预测）。从历史来看，付出低于 1 倍增长的价格属于较便宜的一侧。
质量核对：最近一个财年毛利率从约 30% 升至 71%。利润如此急升，可能正处于行业周期的高点，这会让市盈率看起来比之后的水平更低。
价格区间 — 接近其历史支撑区
目前价格为 $1,260.93，接近其近期区间的下沿。过去一年 SNDK 的价格在 $144.82 到 $2,354.39 之间波动；其历史支撑区在 $1,231.91 附近，阻力区在 $1,599.25 附近。它位于其中一条均线上方、另一条下方——趋势信号并不一致。
资金流向 — 资金正在流出
SNDK 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.6×。
股息与公司概况
SNDK 不派发股息，但在 2026 财年回购了 44.7亿美元 的股票，约占市值的 2.3%。其股数过去一年增加了 6.9%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.