Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to US$1,560, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Tech industry globally. Simply Wall St's valuation model estimates the intrinsic value at US$1,149 per share. 공고 • Aug 13
Kioxia Corporation and Sandisk Corporation Unveil 9Th-Generation High-Performance 2Tb Qlc 3D Flash Memory Technology Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation (TOKYO: 285A), and Sandisk Corporation (Nasdaq: SNDK) unveiled their new 9th-generation, high-performance 2Tb QLC 3D flash memory technology designed to support the growing storage demands of AI-driven infrastructure. Leveraging the companies’ CMOS directly Bonded to Array (CBA) architecture, the new technology combines an advanced CMOS wafer with a proven memory-array platform, along with significant design and device innovation, to deliver performance improvements and enable faster deployment of advanced storage solutions for cloud and data-intensive applications. Compared with the previous 8th-generation 2Tb QLC, the new technology delivers higher write and read bandwidth due to a 6-plane architecture and performance enhancements and better write and read power efficiency. It also delivers a NAND interface speed of 4.8Gb/s, a 33% improvement over 8th-generation devices. The introduction of the 9th-generation QLC 3D flash memory technology marks an important milestone in the evolution of the 3D flash memory roadmap and highlights the continued strength of the collaboration between Kioxia and Sandisk. By maximizing the flexibility of their CBA platform, the companies are creating new opportunities for NAND innovation and helping customers address the growing storage demands of the AI era. Product density is identified based on the density of memory chip(s) within the Product, not the amount of memory capacity available for data storage by the end user. Consumer-usable capacity will be less due to overhead data areas, formatting, bad blocks, and other constraints, and may also vary based on the host device and application. The definition of 1KB = 2^10 bytes = 1,024 bytes. The definition of 1Gb = 2^30 bits = 1,073,741,824 bits. The definition of 1GB = 2^30 bytes = 1,073,741,824 bytes. 1Tb = 2^40 bits = 1,099,511,627,776 bits. Company names, product names, and service names may be trademarks of third-party companies. Buy Or Sell Opportunity • Aug 12
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at US$1,345. The fair value is estimated to be US$1,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Reported Earnings • Aug 07
Full year 2026 earnings released: EPS: US$77.78 (vs US$11.32 loss in FY 2025) Full year 2026 results: EPS: US$77.78 (up from US$11.32 loss in FY 2025). Revenue: US$20.2b (up 175% from FY 2025). Net income: US$11.4b (up US$13.1b from FY 2025). Profit margin: 56% (up from net loss in FY 2025). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Tech industry. 공고 • Aug 06
Sandisk Corporation Provides Earnings Guidance for the Fiscal First Quarter of 2027 Sandisk Corporation provided earnings guidance for the Fiscal First Quarter of 2027. For the period, the company expects
Revenue to be in the range of $10,300 million - $10,800 million. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$1,525, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Tech industry globally. Simply Wall St's valuation model estimates the intrinsic value at US$933 per share. 공고 • Jul 10
Sandisk Corporation to Report Q4, 2026 Results on Aug 05, 2026 Sandisk Corporation announced that they will report Q4, 2026 results on Aug 05, 2026 공고 • Jul 04
Sandisk Corporation Announces Sampling of BiCS10 1Tb TLC 3D NAND Flash Memory Pushing Density, Power Efficiency and Performance to Support Data-Intensive Workloads Sandisk Corporation announced it is sampling its BiCS10 1Tb TLC, its 10th-generation 3D NAND flash memory technology. BiCS10 applies advanced lateral scaling techniques to achieve 1Tb TLC memory density greater than 29Gb/mm2, improving bit density by 59% while delivering up to 4.8Gb/s interface speed, a 33% improvement compared with 8th generation 3D flash memory currently in mass production. Built on Sandisk’s proven Bit-Cost Scalable (BiCS) 3D NAND architecture and CMOS directly Bonded to Array (CBA) technology, BiCS10 TLC also enhances data input/output power efficiency, reducing power consumption by 10% for input and 34% for output compared to the previous BiCS8 generation. NAND flash memory is one of the most scalable semiconductor technologies, and the foundation of what Sandisk builds. BiCS10 advances Sandisk’s long-term roadmap for scaling NAND through continued innovation in density, power efficiency, and architecture. It builds upon Sandisk’s CBA technology, which fabricates CMOS logic and the memory array on separate wafers before bonding them together with high-precision wafer-to-wafer alignment. BiCS10 TLC increases the number of memory layers to 332 and incorporates Toggle DDR6.0, SCA protocol and PI-LTT technology to support high-speed, low-power operation. The sampling milestone extends Sandisk’s BiCS roadmap with advancements that push density, power efficiency, and endurance in ways designed to support the next generation of data-intensive and AI-driven workloads. Key BiCS10 TLC technology highlights include: Up to 4.8Gb/s NAND interface speed, a 33% improvement. 332 memory layers with optimized floor plan efficiency, improving bit density by 59%. Enhanced data input/output power efficiency, reducing power consumption by 10% for input and 34% for output. Support for Toggle DDR6.0, SCA protocol and PI-LTT technology to enable high-speed, low-power operation. Sandisk leads the way in flash innovation, from increasing bits per cell over time to advancing technologies in controller architecture, firmware, packaging, and system flash that improve the performance, efficiency, and utility of flash at scale. With a unique portfolio of leading IP and global manufacturing footprint, Sandisk controls its entire production lifecycle from design to manufacturing to final assembly with global operations, resulting in exceptional quality control, cost efficiency, faster time to market, and strong supply chain resilience. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to US$1,710, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Tech industry globally. Simply Wall St's valuation model estimates the intrinsic value at US$772 per share. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$2,108, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Tech industry globally. Recent Insider Transactions • Jun 04
Executive VP & CTO recently sold US$3.5m worth of stock On the 1st of June, Alper Ilkbahar sold around 2k shares on-market at roughly US$1,757 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$10m more than they bought in the last 12 months. Recent Insider Transactions • May 21
VP & Chief Accounting Officer recently sold US$3.5m worth of stock On the 12th of May, Michael Pokorny sold around 2k shares on-market at roughly US$1,426 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.8m more than they bought in the last 12 months. Board Change • May 21
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Chairman & CEO David V. Goeckeler is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
