FFIV
F5, Inc.
FFIV has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over FFIV overall, supported by stronger fundamentals.
FFIV Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
FFIV's revenue, profitability, cash flow and balance sheet are all currently healthy.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
FFIV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $318 | — |
| Cheap | 23x | $286 | -9.9% |
| Current | 25x | $318 | — |
| Fair | 27x | $342 | +7.7% |
| Expensive | 37x | $467 | +47% |
Historical ranges are pointers, not guarantees.
FFIV's PE is in its cheap range at 25x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over FFIV in the historical PE scenario, which offers more potential upside but is not a forecast.
FFIV Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FFIV, with profitability improving.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
FFIV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $18.21 | +45% |
| Q3 2026 | $12.53 | +6.2% |
FFIV's earnings per share have climbed steadily: $12.53 over the past year, up 6.2% from the year before, and higher year over year every quarter since late 2026.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over FFIV in the latest year-over-year earnings comparison.
FFIV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $917.4M | +13% |
| Q2 2026 | $865.1M | +11% |
| Q1 2026 | $811.7M | +11% |
| Q4 2025 | $822.5M | +7.3% |
FFIV's revenue has grown year over year every quarter since late 2025: $917M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 25% | -0.5 points |
| Q1 2026 | 22% | +0.3 points |
| Q4 2025 | 26% | -0.7 points |
| Q3 2025 | 25% | N/A |
| Q2 2025 | 25% | N/A |
| Q1 2025 | 22% | N/A |
| Q4 2024 | 27% | N/A |
FFIV's operating margin was 25% last quarter, down 0.5 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over FFIV on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over FFIV on profitability, with a higher operating margin.
FFIV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $280.6M | +2.5% |
| Q1 2026 | $347.6M | +41% |
| Q4 2025 | $149.5M | -23% |
SNDK has the edge over FFIV in the latest year-over-year cash flow comparison.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over FFIV in the latest year-over-year cash flow comparison.
FFIV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +252K shares |
| 1 year | -1.6% | -942K shares |
FFIV has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $100M |
| Q3 2025 | $125M |
| Q2 2025 | $125M |
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
FFIV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -1.6x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.4x | Net Cash |
FFIV has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
FFIV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.2 | Neutral |
| Stochastic | 3.4 | Oversold |
FFIV's weekly RSI is 38 (neutral) and its Stochastic is 3 (oversold).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
FFIV PE vs Technology Sector
| Metric | FFIV | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 28x | 9% below |
| PE % | 30 | 35 | 5 pts below |
FFIV is trading at 25x earnings, in line with the Technology sector's median of 28x.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over FFIV on valuation relative to its sector.
FFIV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $405.2 | 22% below |
| 20 week MA | $405.0 | 22% below |
| 50 week MA | $345.9 | 8.2% below |
| 100 week MA | $315.3 | 0.7% above |
| 200 week MA | $244.7 | 30% above |
FFIV has stronger trend alignment. FFIV is above 2 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
FFIV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.2 | $175.6 | +26% |
| 2021 | $175.6 | $234.8 | +34% |
| 2022 | $234.8 | $141.0 | -40% |
| 2023 | $141.0 | $179.0 | +27% |
| 2024 | $179.0 | $255.6 | +43% |
| 2025 | $255.6 | $263.1 | +2.9% |
| 2026 YTD | $263.1 | $317.6 | +21% |
FFIV has finished higher in five of the last six years. It's up 21% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over FFIV on returns for 2026, with the stronger performance.