B+
Bull case
0%
Probability
Target price
$1,450.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
SNDK
SandiskDNasdaq / Technology Hardware & Equipment
Last Price
Quote time unavailable
Current thesis
Primary sources support a real earnings inflection: Q3 margins and EPS expanded sharply, Datacenter mix accelerated, Q4 guidance stepped higher, and management paired that with a $6 billion repurchase authorization. Secondary post-print coverage also indicates target-price and estimate increases, which fits the packet’s positive directional prior.
Posture
Defensive
Lead driver
Sentiment
What changed
11 setup hits (3d) with net bullish as of 2026-09-09.
What can break
Only about 15% of the reported $41.6 billion remaining performance obligations are expected to be recognized over the next twelve months, limiting near-term realization versus headline backlog size. [#10-Q-2026-05-01]
Momentum
99
Value
58
Sentiment
29
Setup hits (3d)
11 · Net Bullish
AI TargetsBase $1,125.00 · Bull $1,450.00 · Bear $850.00Analysis 2026-05-03; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-03 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $2,263.88
Why
Momentum99 · Δ7d +5.3
Value58 · Δ7d 0.0
Sentiment29 · Δ7d -7.0
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Confirming evidence
- • 11 setup hits (3d) with net bullish as of 2026-09-09.
- • Sentiment remains the lead driver in the composite, 7D delta -7.0.
Contradictions & invalidation
- • Only about 15% of the reported $41.6 billion remaining performance obligations are expected to be recognized over the next twelve months, limiting near-term realization versus headline backlog size. [#10-Q-2026-05-01]
- • Q3 revenue growth was driven heavily by higher ASP per gigabyte, so any NAND pricing reversal could pressure both revenue and margins after a very strong print. [#10-Q-2026-05-01]
- • The stock already trades well above the packet’s median analyst target of 771.3684, so even strong post-earnings revisions may still leave valuation stretched versus consensus.
Catalyst clock
2026-05-15
Post-earnings estimate reset after Q3 beat and raised Q4 outlook
Lead driver: Sentiment · See AI snapshot
Momentum
99
9% active weight
Current posture
7d trendImproving
Δ7d
+5.3
Δ21d
+35.3
Value
58
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+5.6
Sentiment
29
62% active weight
Current posture
7d trendSoftening
Δ7d
-7.0
Δ21d
-3.7
Why this grade
Composite grade D. Momentum 99.0 / Value 58.2 / Sentiment 28.6
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-03. Scenario method
Most likely
B
Base case
0%
Probability
Target price
$1,125.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
B-
Bear case
0%
Probability
Target price
$850.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$264.61B
Beta
-
Shares Out
148.09M
P/E (TTM) · Derived
23.0
P/S (TTM)
-
P/FCF (TTM) · Derived
24.34
Rev YoY
+371.6%
EPS YoY
-28016.3%
Gross Margin
+71.5%
Op Margin
+61.6%
Net Debt
-$4.56B
Current Ratio
2.29
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data