Sandisk reported strong upside to June-quarter guidance and a bullish September-quarter outlook. Sales rose more than 370% year over year to $9.0 billion, and guidance implies year-over-year growth of more than 350%. Shares fell 5% after-hours as guidance missed lofty consensus expectations.
Robust AI infrastructure demand is driving incredibly tight NAND supply, massive pricing growth, and terrific sales and profitability. If AI demand growth remains rapid, NAND supply could stay tight through 2030, carrying Sandisk to new highs
Sandisk sells commoditylike NAND flash memory chips and offers little differentiation or pricing power, exposing it to volatile cyclicality.
|
Metric
|
SNDK
|
005930
|
MU
|
|---|---|---|---|
Price/Earnings (Normalized) | 38.97 | 18.51 | 19.45 |
Price/Book Value | 11.41 | 3.22 | 9.84 |
Price/Sales | 9.28 | 3.38 | 11.07 |
Price/Cash Flow | 16.40 | 8.94 | 16.45 |
|
Metric
|
SNDK
|
005930
|
MU
|
|---|---|---|---|
Quick Ratio | 3.41 | 1.96 | 2.93 |
Current Ratio | 4.78 | 2.54 | 3.42 |
Interest Coverage | 46.53 | 15.02 | 254.95 |
|
Metric
|
SNDK
|
005930
|
MU
|
|---|---|---|---|
Return on Assets (Normalized) | 35.37% | 15.73% | 53.42% |
Return on Equity (Normalized) | 47.01% | 20.73% | 76.55% |
Return on Invested Capital (Normalized) | 42.08% | 18.46% | 64.36% |
|
1-Day Chart
|
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Price
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Morningstar Rating for Stocks
|
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Economic Moat
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|
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United States