JBL
Jabil Inc.
JBL has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over JBL overall, supported by stronger fundamentals and stronger valuation.
JBL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
JBL'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.
JBL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $106 | -59% |
| Forward | 15x | $260 | — |
| Fair | 21x | $208 | -20% |
| Current | 27x | $260 | — |
| Expensive | 40x | $386 | +49% |
Historical ranges are pointers, not guarantees.
JBL's PE is in its fair range at 27x. If earnings grow as analysts expect, today's price would be 15x 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 JBL in the historical PE scenario, which offers more potential upside but is not a forecast.
JBL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for JBL, with profitability holding steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over JBL on the outlook, with more favorable profitability expectations.
JBL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $17.71 | +82% |
| Q3 2026 | $9.75 | +65% |
| Q2 2026 | $7.97 | +50% |
| Q1 2026 | $7.41 | +71% |
| Q4 2025 | $6.39 | -40% |
| Q3 2025 | $5.92 | -47% |
| Q2 2025 | $5.30 | -52% |
| Q1 2025 | $4.33 | -63% |
| Q4 2024 | $10.58 | +80% |
JBL earned $9.75 per share over the past year, up 65% from the year before.
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 JBL in the latest year-over-year earnings comparison.
JBL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.6B | +29% |
| Q2 2026 | $8.8B | +12% |
| Q1 2026 | $8.3B | +23% |
| Q4 2025 | $8.3B | +19% |
| Q3 2025 | $8.3B | +18% |
| Q2 2025 | $7.8B | +16% |
| Q1 2025 | $6.7B | -0.6% |
| Q4 2024 | $7B | -17% |
JBL's revenue has grown year over year for six quarters in a row: $10.6B last quarter, up 29% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.7% | +1.6 points |
| Q2 2026 | 5.1% | -0.1 points |
| Q1 2026 | 4.5% | +0.9 points |
| Q4 2025 | 3.4% | +0.6 points |
| Q3 2025 | 4.1% | -0.5 points |
| Q2 2025 | 5.2% | +1.3 points |
| Q1 2025 | 3.6% | -13 points |
| Q4 2024 | 2.8% | -0.8 points |
JBL's operating margin was 5.7% last quarter, up 1.6 points from the same quarter a year ago, near the top of its range since 2019.
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 JBL on sales, with more consistent year-over-year improvement.
| 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 JBL on profitability, with a higher operating margin.
JBL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $487M | +16% |
| Q2 2026 | $351M | +9.7% |
| Q1 2026 | $308M | +41% |
| Q4 2025 | $228M | +6% |
| Q3 2025 | $419M | +1.9% |
| Q2 2025 | $320M | -22% |
| Q1 2025 | $218M | +$266M |
| Q4 2024 | $215M | +34% |
JBL has the edge over SNDK on cash flow, with more consistent year-over-year improvement.
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 generated $17.4B in free cash flow over the past year, more than ten times what it generated the year before.
JBL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +400K shares |
| 1 year | -3.6% | -4M shares |
| 3 years | -21% | -29M shares |
| 5 years | -30% | -45.2M shares |
| Available history | -32% | -49.6M shares |
JBL has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $169M |
| Q2 2026 | $291M |
| Q1 2026 | $300M |
| Q4 2025 | $300M |
| Q3 2025 | $25M |
| Q2 2025 | $339M |
| Q1 2025 | $404M |
| Q4 2024 | $232M |
JBL spent $1.1B buying back its own shares over the past year, up 6% from the year before.
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 | — |
JBL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 0.7x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.3x | Very low |
JBL's net debt is less than a year of its operating earnings (EBITDA).
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 the edge over JBL on leverage, with a lower net debt burden relative to earnings.
JBL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 10.5 | Oversold |
JBL's weekly RSI is 41 (neutral) and its Stochastic is 10 (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).
JBL PE vs Technology Sector
| Metric | JBL | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 4.3% below |
| PE % | 60 | 35 | 25 pts above |
JBL is trading at 27x 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 JBL on valuation relative to its sector.
JBL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $281.4 | 7.6% below |
| 20 week MA | $304.9 | 15% below |
| 50 week MA | $294.5 | 12% below |
| 100 week MA | $238.3 | 9.1% above |
| 200 week MA | $175.6 | 48% above |
JBL has stronger trend alignment. JBL 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.
JBL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.2 | $42.9 | +4% |
| 2021 | $42.9 | $69.8 | +63% |
| 2022 | $69.8 | $69.0 | -1.1% |
| 2023 | $69.0 | $127.4 | +85% |
| 2024 | $127.4 | $145.9 | +15% |
| 2025 | $145.9 | $236.1 | +62% |
| 2026 YTD | $236.1 | $260.0 | +10% |
JBL has finished higher in five of the last six years, three of them by more than 50%. It's up 10% 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 JBL on returns for 2026, with the stronger performance.