How Schwab Network’s view on $SNDK changed

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2026-09-26

“AI Demand Powers SNDK Rally, Memory Cyclicality Poses Key Risk”

SanDisk's bull case rests on AI-driven data center demand and low P/E; bear case warns that high margins may be cyclical peaks rather than structural gains.

SanDisk is known for being a leading global provider of flash memory and data storage solutions. Following its separation from Western Digital in February 2025, SanDisk became an independent company specializing exclusively in flash storage.

Its products include enterprise solid-state drives , embedded storage, consumer flash products, memory cards, and NAND flash components. The company’s most important growth opportunity today increasingly lies in AI-powered data center storage .

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2026-09-24Bullish

“What Makes SNDK "Easy" AI Memory Investment as Demand Remains Parabolic”

SanDisk is an attractive investment in the memory sector due to its low valuation (6.9x forward P/E), growing earnings forecasts, and long-term order visibility through 2030.

Yes, the memory business is still profitable. If you recall, we were on your show about a year ago and we were saying that a lot of money is flowing into all these memory company names, including Micron and SanDisk.

Cash flows remain stable in these companies. If you look at the picture of projected earnings for next year and the coming years, they continue to rise; Even before this video, I had to adjust some of our charts because analysts keep raising their earnings forecasts.

Therefore, we still view the memory sector positively.

Watch the source00:26