LPL
LG Display Co., Ltd.
LPL has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over LPL overall, supported by stronger fundamentals and stronger modeled upside.
LPL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Under pressure |
LPL's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
LPL PE Valuation
LPL has no meaningful PE right now: it lost money over the past year.
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's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
LPL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Decline | |
| Improving | |
| Limited | |
| Low |
Analysts expect LPL's earnings to grow and its profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over LPL on the outlook, with more favorable revenue expectations.
LPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.43 | -$0.18 |
| Q2 2026 | -$1.01 | -$0.51 |
| Q1 2026 | -$0.06 | +$1.54 |
| Q4 2025 | $0.17 | +$2.34 |
| Q3 2025 | -$0.25 | +$1.18 |
| Q2 2025 | -$0.50 | +$1.36 |
| Q1 2025 | -$1.60 | +$0.63 |
| Q4 2024 | -$2.17 | +$0.77 |
LPL is still losing money, but far less than before: $0.43 per share over the past year, against $3.80 at its worst in mid-2023.
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 LPL in the latest year-over-year earnings comparison.
LPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.7B | -9.8% |
| Q2 2026 | $4.2B | +0.4% |
| Q1 2026 | $4.1B | -8.8% |
| Q4 2025 | $5.4B | -8.1% |
| Q3 2025 | $5.2B | +2% |
| Q2 2025 | $4.2B | -17% |
| Q1 2025 | $4.5B | +15% |
| Q4 2024 | $5.9B | +5.9% |
LPL's revenue has slid since its 2021 peak: $4.7B last quarter, down 9.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4% | -2.2 points |
| Q2 2026 | -1.9% | +0.2 points |
| Q1 2026 | 2.6% | +2.1 points |
| Q4 2025 | 2.3% | +1.3 points |
| Q3 2025 | 6.2% | +7.4 points |
| Q2 2025 | -2.1% | -0.7 points |
| Q1 2025 | 0.6% | +9.5 points |
| Q4 2024 | 1.1% | -0.7 points |
LPL's operating margin was 4% last quarter, down 2.2 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 LPL 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 LPL on profitability, with a higher operating margin.
LPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $517.7M | +$963.9M |
| Q1 2026 | -$547M | -432% |
| Q4 2025 | $582.1K | -100% |
| Q3 2025 | $173.9M | +78% |
| Q2 2025 | -$446.2M | -242% |
| Q1 2025 | $164.8M | +$1.2B |
| Q4 2024 | $873M | +$1B |
| Q3 2024 | $97.5M | -70% |
LPL still generates free cash flow, though less than at its 2021 peak: $145M over the past year.
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 LPL on cash flow, with more consistent year-over-year improvement.
LPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | +28% | +221M shares |
| 5 years | +25% | +202M shares |
| Available history | +40% | +284M shares |
LPL has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
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 | — |
LPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 2.0x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 3.0x | Moderate |
| Q4 2024 | 3.3x | Elevated |
| Q3 2024 | 3.0x | Elevated |
LPL's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.1 years a year ago.
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 LPL on leverage, with a lower net debt burden relative to earnings.
LPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.5 | Neutral |
| Stochastic | 6.2 | Oversold |
LPL's weekly RSI is 35 (neutral) and its Stochastic is 6 (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).
LPL PE vs Technology Sector
| Metric | LPL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
LPL has no meaningful PE right now: it lost money over the past year.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK is trading at 7.5x earnings, a 73% discount to the Technology sector's median of 28x, though its earnings don't support one.
LPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.74 | 6.2% below |
| 20 week MA | $3.08 | 17% below |
| 50 week MA | $3.87 | 34% below |
| 100 week MA | $3.80 | 32% below |
| 200 week MA | $4.27 | 40% below |
SNDK has stronger trend alignment. LPL is above 0 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.
LPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.02 | $8.05 | +15% |
| 2021 | $8.05 | $9.64 | +20% |
| 2022 | $9.64 | $4.94 | -49% |
| 2023 | $4.94 | $4.82 | -2.4% |
| 2024 | $4.82 | $3.18 | -34% |
| 2025 | $3.18 | $4.22 | +33% |
| 2026 YTD | $4.22 | $2.57 | -39% |
LPL has finished lower in three of the last six years. It's down 39% 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 LPL on returns for 2026, with the stronger performance.