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Sandisk (SNDK, Computers, storage & devices) Stock Valuation & Fair Value

Favorable on our tests

Sandisk (SNDK, Computers, storage & devices) trades at a current P/E of 6.8, about 71% below its historical normal valuation, with a forward growth estimate of 40.2% and a PEG of 0.17. Priced at its historical normal P/E of 23.6 on the same blended earnings, the 2026-11-06 close of $835.06 corresponds to about $2,890 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

Current P/E
6.8
Normal P/E
23.6
PEG
0.17
Fwd growth
40.2%
Div yield
0.0%
RSI (14)
26.5
Oversold
Technical context
  • Price $835.06 at the Nov 6 close, 33.2% below the 20-day average ($1,250.37) and 44.5% below the 50-day ($1,504.43).
  • RSI (14) at 26.5.
  • 52-week range $194.38 to $2,335.00: the price is 64.2% below the high and 329.6% above the low.
  • At its last earnings report the options market priced a 21% move.

The Street vs SeerForecast

Wall Street's mean price target for SNDK is $2,029.04 across 24 analysts, 143.0% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: favorable on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from strong on our tests (2026-07-31) to mixed on our tests (2026-11-02). New rating rules took effect in the week of 2026-10-19, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Current P/E and rating by weekCurrent P/E moved from 14.4 to 9.4 between 2026-07-31 and 2026-10-30, against a normal P/E of 23.6, with 2 rating changes over 14 recorded weeks.2026-07-31: P/E 14.4, Strong on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 15.8, Strong on our tests, recorded live 2026-08-032026-08-07: P/E 15.8, Strong on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 14.2, Strong on our tests, recorded live 2026-08-102026-08-14: P/E 14.2, Strong on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 18.6, Strong on our tests, recorded live 2026-08-172026-08-21: P/E 18.6, Strong on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 17.6, Strong on our tests, recorded live 2026-08-242026-08-27: P/E 17.6, Strong on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 17.6, Strong on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 17.6, Strong on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 15.8, Strong on our tests, recorded live 2026-08-312026-09-04: P/E 15.8, Strong on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 18.0, Strong on our tests, recorded live 2026-09-072026-09-11: P/E 18.0, Strong on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 16.5, Strong on our tests, recorded live 2026-09-142026-09-18: P/E 16.5, Strong on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 17.6, Strong on our tests, recorded live 2026-09-212026-09-25: P/E 17.6, Strong on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 17.0, Strong on our tests, recorded live 2026-09-282026-10-02: P/E 17.0, Strong on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 16.0, Strong on our tests, recorded live 2026-10-052026-10-09: P/E 16.0, Strong on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 14.3, Strong on our tests, recorded live 2026-10-122026-10-16: P/E 14.3, Strong on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 11.5, Favorable on our tests, recorded live 2026-10-192026-10-23: P/E 10.7, Favorable on our tests, recorded live 2026-10-262026-10-30: P/E 10.7, Mixed on our tests, recalculated for the week of 2026-10-312026-10-30: P/E 9.4, Mixed on our tests, recorded live 2026-11-0210.015.020.0Jul 31Aug 23Sep 15Oct 7Oct 30Normal P/E 23.6
Strong on our testsFavorable on our testsMixed on our testsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 14.4-5%Strong on our tests (recalculated)
2026-08-17P/E 18.6-21%Strong on our tests
2026-10-19P/E 11.5-51%Favorable on our tests (across a rating rules change)
2026-10-31P/E 10.7-55%Mixed on our tests (recalculated) (across a rating rules change)
2026-11-02P/E 9.4-60%Mixed on our tests ← now
Show all 29 readings
WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 14.4-5%Strong on our tests (recalculated)
2026-08-03P/E 15.8+4%Strong on our tests
2026-08-07P/E 15.8+4%Strong on our tests (recalculated)
2026-08-10P/E 14.2-40%Strong on our tests
2026-08-14P/E 14.2-40%Strong on our tests (recalculated)
2026-08-17P/E 18.6-21%Strong on our tests
2026-08-21P/E 18.6-21%Strong on our tests (recalculated)
2026-08-24P/E 17.6-26%Strong on our tests
2026-08-27P/E 17.6-26%Strong on our tests (recalculated)
2026-08-28P/E 17.6-26%Strong on our tests (recalculated)
2026-08-30P/E 17.6-26%Strong on our tests (recalculated)
2026-08-31P/E 15.8-33%Strong on our tests
2026-09-05P/E 15.8-33%Strong on our tests (recalculated)
2026-09-07P/E 18.0-24%Strong on our tests
2026-09-12P/E 18.0-24%Strong on our tests (recalculated)
2026-09-14P/E 16.5-30%Strong on our tests
2026-09-19P/E 16.5-30%Strong on our tests (recalculated)
2026-09-21P/E 17.6-26%Strong on our tests
2026-09-26P/E 17.6-26%Strong on our tests (recalculated)
2026-09-28P/E 17.0-28%Strong on our tests
2026-10-03P/E 17.0-28%Strong on our tests (recalculated)
2026-10-05P/E 16.0-32%Strong on our tests
2026-10-10P/E 16.0-32%Strong on our tests (recalculated)
2026-10-12P/E 14.3-39%Strong on our tests
2026-10-17P/E 14.3-39%Strong on our tests (recalculated)
2026-10-19P/E 11.5-51%Favorable on our tests (across a rating rules change)
2026-10-26P/E 10.7-55%Favorable on our tests
2026-10-31P/E 10.7-55%Mixed on our tests (recalculated) (across a rating rules change)
2026-11-02P/E 9.4-60%Mixed on our tests ← now

Earnings moves: SNDK moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is Sandisk stock overvalued?

At a current P/E of 6.8 versus its historical normal P/E of 23.6, Sandisk trades about 71% below its typical valuation, with a PEG of 0.17 on 40.2% forward growth. tickerseer currently rates it favorable on our tests.

What is Sandisk's fair value and PEG?

Sandisk trades at a current P/E of 6.8 against a historical normal P/E of 23.6, a PEG of 0.17, and a forward growth estimate of 40.2%. Priced at its historical normal P/E of 23.6 on the same blended earnings, the 2026-11-06 close of $835.06 corresponds to about $2,890 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Sandisk changed?

tickerseer's rating moved from strong on our tests (2026-07-31) to mixed on our tests (2026-11-02). New rating rules took effect in the week of 2026-10-19, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

What is the analyst price target for Sandisk?

The mean Wall Street price target for Sandisk is $2,029.04 across 24 analysts, 143.0% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Computers, storage & devices. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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