SanDisk (SNDK)
SanDisk is a technology powerhouse that designs and manufactures the flash memory storage chips found in everything from smartphones to data centres.
Is SanDisk a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Exceptional revenue growth showing strong market demand. Worth weighing: The current high price-to-earnings ratio suggests high expectations are already baked in.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does SanDisk do?
SanDisk makes the digital 'filing cabinets' that store your photos, apps, and data on devices like phones and computers. The money rolls in from selling these high-speed memory chips to tech manufacturers and businesses building massive cloud storage networks. What really counts is how they handle the intense demand for memory as the world becomes increasingly reliant on artificial intelligence and data-heavy computing.
On our factor screen it looks strongest on growth and quality, and weakest on income.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 372% over the year
- ✓Very profitable - turns about 56% of sales into profit
- ✓Strong return on shareholder money (ROE 92%)
- Quality screens high
- Growth screens high
- Income screens low
Does SanDisk pay a dividend?
No - SanDisk doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
What do SanDisk's numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
How much has SanDisk actually fallen?
Over the last 1 year of daily prices, SanDisk fell as much as −56% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns SanDisk?
About 85% of SanDisk, or about 85 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 1%. The rest, roughly 14%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does SanDisk make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Where does each £100 of SanDisk's sales go?
A rough split of the latest full-year figures: of every £100 of sales, about £29 covers making the product or service, £15 goes on running costs, tax and interest, and about £56 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.
When does SanDisk report earnings, and how did recent quarters go?
SanDisk is next scheduled to report on about 2026-11-06 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-04-30 | $14.66 | $23.41 | Beat +60% |
| 2026-01-29 | $3.54 | $6.20 | Beat +75% |
| 2025-11-06 | $0.89 | $1.22 | Beat +37% |
| 2025-08-14 | $0.03 | $0.29 | Beat +771% |
| 2025-05-07 | $-0.39 | $-0.30 | Beat +22% |
Across the last 5 quarters here, SanDisk came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for SanDisk?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
The company becomes the essential backbone of the global AI infrastructure.
New storage technologies make current flash memory obsolete.
What are the pros and cons of SanDisk?
A balance check, not a score or verdict.
- Exceptional revenue growth: How fast the company's sales grew versus a year ago. showing strong market demand
- High profit margins indicate a very efficient business model
- Strong return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. suggests management is using capital wisely
- The current high price-to-earnings ratio suggests high expectations are already baked in
- No dividend payments mean investors rely entirely on share price growth
- The technology sector is notoriously fast-moving and prone to rapid change
- Cyclical: A business whose sales and profits rise and fall with the wider economy - booming in good times, sinking in downturns. Miners, carmakers and banks are classic examples. nature of the semiconductor industry can lead to boom and bust periods
- Heavy reliance on a few key tech sectors for the majority of sales
- Potential for new, cheaper storage technologies to disrupt their current products
The write-up's own warning lights — if these start happening, the case above changes.
- A significant and sustained drop in revenue growth rates
- Competitors successfully launching a superior, lower-cost storage alternative
Common questions about SanDisk
Does SanDisk pay a dividend?
No - SanDisk does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does SanDisk report earnings next?
SanDisk is next scheduled to report results on about 2026-11-06. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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Corpay, Inc.Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.