Sandisk (SNDK) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $39.25
- Estimate
- $34.52
- Surprise
- +13.7%
- Score today
- 7.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Sandisk (SNDK) beat the $34.52 estimate with adjusted EPS of $39.25 — a large 13.7% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SNDK Buy (Wait) at 7.3/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +13.7% surprise compares with a +46.3% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=9.2 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Semi cycle peak: fwd P/E 5.6× (below 10) + fwd/trail 0.28× (below 0.30). EPS just expanded off a trough — likely peak cyclical earnings.
- Concentration risk — Supplier: Flash Ventures flash memory wafers
- Concentration risk — Geographic: international sales (80.0%)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1482.33
- Entry target
- $1398.08
- Price target
- $1955.70
- Stop
- $1300.21
- Upside to target
- +31.9%
- Reward-to-risk
- 2.9:1
The stock trades at 20.1× trailing but 5.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 22 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-14 — shown for context, not personalized investment advice.
SNDK at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Computer Hardware
- Market cap
- $214.24B
- P/E (fwd)
- 5.6
- P/E (ttm)
- 20.1
- 52-week range
- $120.96–$2354.39
- Off 52-week high
- 37.0%
- RSI (14)
- 22
- Volume vs avg
- 0.98×
- Score today
- 7.3/10