PAAI
Paradium.AI, Inc.
PAAI offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
SNDK
Sandisk Corporation
SNDK has the edge over PAAI overall, supported by stronger fundamentals and lower modeled downside.
PAAI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| Strong | |
| Weak |
PAAI's cash flow is currently strong, but its revenue, profitability 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.
PAAI PE Valuation
PAAI 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.
PAAI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| -- | |
| Limited | |
| -- |
Analysts expect PAAI's earnings and revenue to decline, though with profitability holding steady.
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.
PAAI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.01 | — |
| Q3 2026 | -$0.02 | -101% |
| Q2 2026 | $0.20 | -92% |
| Q1 2026 | $2.48 | +2656% |
| Q4 2025 | $2.62 | +$6.52 |
| Q3 2025 | $2.68 | +$6.85 |
| Q2 2025 | $2.65 | +$7.41 |
| Q1 2025 | $0.09 | +$5.45 |
| Q4 2024 | -$3.90 | -$1.41 |
PAAI has swung to a loss: it lost $0.02 per share over the past year, after a profit 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 PAAI in the latest year-over-year earnings comparison.
PAAI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.5M | -31% |
| Q2 2026 | $22.2M | -51% |
| Q1 2026 | $20.4M | -36% |
| Q4 2025 | $28.2M | -22% |
| Q3 2025 | $29.8M | -11% |
| Q2 2025 | $45M | +66% |
| Q1 2025 | $31.8M | +9.9% |
| Q4 2024 | $36.2M | -49% |
PAAI's revenue has slid since its 2023 peak: $21M last quarter, down 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4.5% | -36 points |
| Q2 2026 | 10% | -26 points |
| Q1 2026 | -1.5% | -25 points |
| Q4 2025 | 27% | -1.9 points |
| Q3 2025 | 32% | +7.9 points |
| Q2 2025 | 36% | +46 points |
| Q1 2025 | 23% | +51 points |
| Q4 2024 | 29% | +29 points |
PAAI's operating margin was −4.5% last quarter, down 36 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 PAAI 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 PAAI on profitability, with a higher operating margin.
PAAI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $2M | -46% |
| Q4 2025 | $13.1M | +$21.7M |
| Q3 2025 | $12.2M | +$14.5M |
| Q1 2025 | $3.7M | +$5.6M |
| Q4 2024 | -$8.6M | -$6.1M |
| Q4 2023 | -$2.5M | -176% |
| Q4 2022 | $3.3M | +$9.8M |
| Q3 2022 | -$7.3M | -569% |
SNDK has the stronger cash trend. Its trailing FCF is up 762% versus its history, compared with PAAI at up 347%.
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.
PAAI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +112K shares |
| 1 year | -0.2% | -84.5K shares |
| 3 years | +116% | +25.5M shares |
| 5 years | +355% | +37.2M shares |
| Available history | +2725% | +45.9M shares |
PAAI has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
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 | — |
PAAI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.2x | High |
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 4.0x | High |
| Q4 2024 | 9.2x | High |
PAAI's net debt is about 7.2 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 PAAI on leverage, with a lower net debt burden relative to earnings.
PAAI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.6 | Neutral |
| Stochastic | 4.6 | Oversold |
PAAI's weekly RSI is 38 (neutral) and its Stochastic is 5 (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).
PAAI PE vs Technology Sector
| Metric | PAAI | Sector median | Relative |
|---|---|---|---|
| PE | 4.5x | 28x | 84% below |
| PE % | 68 | 35 | 33 pts above |
PAAI has the edge over SNDK on valuation relative to its sector.
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.
PAAI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.00 | 39% below |
| 20 week MA | $1.06 | 42% below |
| 50 week MA | $2.09 | 71% below |
| 100 week MA | $3.15 | 81% below |
| 200 week MA | $2.97 | 79% below |
SNDK has stronger trend alignment. PAAI 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.
PAAI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.7 | $13.0 | -22% |
| 2021 | $13.0 | $14.3 | +10% |
| 2022 | $14.3 | $9.40 | -34% |
| 2023 | $9.40 | $2.38 | -75% |
| 2024 | $2.38 | $1.38 | -42% |
| 2025 | $1.38 | $4.18 | +203% |
| 2026 YTD | $4.18 | $0.61 | -85% |
PAAI's yearly returns have swung widely, from +203% in 2025 to −75% in 2023. It's down 85% 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 PAAI on returns for 2026, with the stronger performance.