SNDK

Sandisk Corporation ·Nasdaq Global Select·Technology
1,344.31 live · 2026-08-12 15:59

Some scores are at the bottom of their range

This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.

  • Tactical Score: displayed 0, underlying value -21.5
4.4%
Brown Bear Score
25.7%
Business Conviction Score
16.0%
Position Health Score
25.5%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · +2770.6% · range 44.40–2,335.00

The Businesswhat the company reports

Business & cash flow

FCF / assets -0.9%
OCF / assets 0.6%
FCF / revenue 1.1%
Gross margin 71.5%
ROIC -12.3%
Forward P/E 5.1

FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2025).

Price vs Earnings growth

Price has run ahead of forward EPS growth by 2530.5pp

Confidence 95.0/100

Takeaway Price has moved further than forward earnings growth currently justifies — worth weighing against the rest of the entry case.

Reported earnings

Next report 2026-11-04 · consensus EPS 45.88

Q4 23 revenue: 1.67bnQ4 23 net income: -301.00mQ1 24 revenue: 1.71bnQ1 24 net income: 27.00mQ1 24 EPS: 0.19Q1 24Q3 24 revenue: 1.88bnQ3 24 net income: 211.00mQ3 24 EPS: 1.46Q4 24 revenue: 1.88bnQ4 24 net income: 104.00mQ4 24 EPS: 0.72Q4 24Q1 25 revenue: 1.70bnQ1 25 net income: -1.93bnQ1 25 EPS: -13.33Q4 25 revenue: 2.31bnQ4 25 net income: 112.00mQ4 25 EPS: 0.75Q4 25Q1 26 revenue: 3.02bnQ1 26 net income: 803.00mQ1 26 EPS: 5.15Q2 26 revenue: 5.95bnQ2 26 net income: 3.62bnQ2 26 EPS: 23.03Q2 26

Revenue Net incomeEPS (GAAP) (-13.33–23.03, own scale) Derived Q4

8 quarters to Q2 26. Revenue and net income share one scale, so the gap between them is the margin. The baseline is zero — bars below it are losses. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.

Quarter endingRevenueYoY Net incomeEPS (GAAP) EPS reportedvs consensus Filed
2026-04-03 5.95bn +251.0% 3.62bn 23.03 23.41 +57.9% 2026-05-01
2026-01-02 3.02bn +61.2% 803.00m 5.15 6.20 +76.3% 2026-01-30
2025-10-03 2.31bn +22.6% 112.00m 0.75 1.22 +27.8% 2025-11-07
2025-03-28 1.70bn -0.6% -1.93bn -13.33 2025-05-12

Earnings response

Typical move around a filing ±14.3%
On an ordinary two days ±5.3% — filings move it 2.7× as much
Direction 8 up, 0 down over 8 filings
Revenue change and price reaction, by quarter
Q4 23 filed 2025-03-07: price +14.0%Q1 24 filed 2025-05-12: price +11.3%Q1 24Q3 24 filed 2025-11-07: price +29.0%Q4 24 revenue +12.7% year on yearQ4 24 filed 2025-03-07: price +14.0%Q4 24Q1 25 revenue -0.6% year on yearQ1 25 filed 2025-05-12: price +11.3%Q4 25 revenue +22.6% year on yearQ4 25 filed 2025-11-07: price +29.0%Q4 25Q1 26 revenue +61.2% year on yearQ1 26 filed 2026-01-30: price +23.4%Q2 26 revenue +251.0% year on yearQ2 26 filed 2026-05-01: price +14.5%Q2 26

Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing

Quarter endingFiledRevenue YoY Move around filingNext 20 sessions vs SPY
2026-04-03 2026-05-01 +251.0% +14.5% +30.9%
2026-01-02 2026-01-30 +61.2% +23.4% -12.8%
2025-10-03 2025-11-07 +22.6% +29.0% -18.3%
2025-03-28 2025-05-12 -0.6% +11.3% -6.7%

Share count

Diluted shares over time

Diluted shares Return since the previous filing

Direction Growing — shares issued
Diluted shares 157.0M as at 2026-04-03
Change over 1 year +8.3%

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyFair Value Anchor
Reference band 928.41 — 1,351.01
Protective stop 793.14 (Atr, 30.4% risk)
Support 557.84 (2 touches, 141.0% away)
Resistance 2,351.19 (74.9% away)

Takeaway The shares are nearer the ceiling than the floor: about 74.9% below 2,351.19, where sellers have turned up before, and 141.0% above 557.84, where buyers have stepped in before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 30.4% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice BELOW the cloud | periods 6/16/32 (61% of classic 9/26/52)
LinesTenkan/Kijun BEAR | cloud twist BEAR
Cloud thickness85% percentile (thick — substantial structure)
Chikou spanNot clear of price from 26 periods ago
Weekly cloudPrice BELOW the weekly cloud (context only, not scored)

Takeaway The stock is trading below its cloud — a shaded band drawn from several of its own moving averages, currently 1,430.09 to 1,639.49. Being below it means the medium-term picture is pointing downwards, and that band is the first hurdle it would have to climb back through. Its shorter-term averages agree with that. The band is unusually wide at the moment, so it marks a broad zone rather than a single level.

Trailing returns

21 days -23.5%
63 days -7.4%
126 days +148.2%
252 days +2,999.6%
Below 252d high42.4%

Trend context

PositionFar above trend
ExtensionExtremely extended
Trend slopeFlat
Direction of travelDiverging from trend

Takeaway Extreme upside extension is still moving away from fair trend; chase risk is elevated.

Volatility

State No recent compression
Current band width46.4% of price
Recent tightest46.4% (0 sessions ago, narrower than 48.0% of its history)
Expansion since1.00×
Band 1,023.86 — 1,642.91

Takeaway Lately this share price has been swinging around inside a range roughly 46% wide. That is normal for this stock, so there is nothing unusual to read into it either way.

Historical trends

0255075100Share price 1,015.89–1,915.922026-07-032026-08-12
Position Health Business Conviction Share price

History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.

Repair Pathway

  1. Nearest Trigger Relative momentum leadership holds already satisfied Track 2 pathway: relative momentum leadership is already present; maintaining it supports upgrade pressure; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Broadly stable
  2. Trigger 2 EMA20 reclaim +2.2% gap is improving; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Broadly stable
  3. Trigger 3 +DI back above -DI repair trigger repair engine identifies this as the nearest technical repair catalyst; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Improving
  4. Trigger 4 RSI recovery above 50 secondary repair secondary repair catalyst could add confirmation if the primary trigger develops; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Improving
  5. Trigger 5 Relative strength stabilisation state change relative momentum rank supports RS stabilisation; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Broadly stable

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityNo filings in the window
Buy filings0
Sell filings0

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Below its signal line
Confirmation Marginal

No absorption or distribution event in the recent window.

Takeaway The heaviest trading has been happening on days when the price falls: when large numbers of shares change hands, the price has tended to go down rather than up. That tells you where the weight of trading has been. It does not tell you what happens next, and it is not a signal to sell.

Options Positioning

No binary-event flag

SNDK: no binary-event flag. Near IV 91%, far IV 88% (ratio 1.03), implied move 11.5%.

Implied volatility 91% near (9d) · 88% far (65d)
Term structure 1.03× near/far
Historical volatility 157%
Implied vs historical 0.58×
Implied move ±11.5% by 2026-08-21
Implied move vs ATR 0.37×
Skew Flat (1.00×)
Call wall 2,820.00 (+109.8% away)
Gamma pin 3,190.00

Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 11.5% in either direction by 2026-08-21.

Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Stock Rotation Headwind

Rotation health 55.3/100; Mixed Rotation.

Rotation health 55.3
Rotation strength 63.8
LegQuadrantRS-RatioRS-Mom
Stock vs sector Lagging 93.2 98.9
Stock vs SPY Lagging 95.0 92.6
Sector vs SPY Leading 113.6 115.9

Direction of travel: South-East / trend strong but momentum cooling

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Altman Z-score 42.81 (+6.0)
  • Insider conviction score (+5.0)
  • Gross margin quality: 71.5% (+5.1)
  • FCF margin quality: 1.1% (+0.3)
  • Gross margin improving by 55.4 pts (+2.0)
  • FCF margin improving by 5.8 pts (+1.0)
  • High earnings quality (accrual ratio -0.133) (+3.0)
  • Accrual ratio improving (-0.03 -> -0.13) (+2.0)
  • Track 2: MACD histogram state (14.61) (+12.0)
  • Track 2: MACD line/signal trend quality (+18.0)
  • Track 2: MACD slope expanding (+8.0)
  • Track 2: 20-day momentum acceleration 0.07 (+4.0)
  • Track 2: relative momentum rank 1.00 (+15.0)
  • Track 2: MACD histogram acceleration 14.78 (+12.0)
  • Track 2: Bollinger position 0.52 (+4.1)
  • Regime convergence: TREND_EXHAUSTION confidence 60.0/100 (EMERGING) (-12.0)

Negative signals

  • Underperforming sector over 20 days
  • Track 2: negative MACD regime (-8.0)
  • Track 2: weak volume for momentum setup (0.71x average)
  • Relative strength versus sector deteriorating
  • Track 2: bearish DI spread (-12.5)
  • Track 2: weak/falling ADX (25.1, falling)
  • Track 2: price below EMA20 by 2.1%
  • Track 2: EMA20 slope deteriorating -4.7%
  • Track 2: RSI deterioration/overheating 41.0, 5-day change -7.0
  • Track 2: weak VPT confirmation (-0.01)
  • Track 2: price below EMA50 by 8.9%
  • Track 2: EMA50 slope deteriorating -5.9%
  • ROIC improving by -8.2 pts (+-2.0)
  • Track 2 structural exemption: structural score 22.4/100 below the 25 quality floor; this is an unowned speculative candidate, so the universal SELL gate was skipped and the Track 2 momentum/RRG grid was allowed to evaluate instead. Structural quality here is weak by design for this kind of candidate -- treat any resulting BUY as higher risk than a Track 1 signal.

Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.