PAR
PAR Technology Corporation
PAR has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over PAR overall, supported by stronger fundamentals and stronger modeled upside.
PAR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
PAR's revenue is currently healthy, 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.
PAR PE Valuation
PAR 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.
PAR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for PAR, with profitability improving. However, they disagree widely on these estimates.
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.
PAR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.32 | — |
| Q3 2026 | -$1.54 | +$0.59 |
| Q2 2026 | -$1.77 | +$0.47 |
| Q1 2026 | -$1.88 | -$1.76 |
| Q4 2025 | -$2.09 | -$1.95 |
| Q3 2025 | -$2.13 | -$1.88 |
| Q2 2025 | -$2.24 | -$1.99 |
| Q1 2025 | -$0.12 | +$2.45 |
| Q4 2024 | -$0.14 | +$2.39 |
PAR is still losing money, but far less than before: $1.54 per share over the past year, against $3.53 at its worst in mid-2022.
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 PAR in the latest year-over-year earnings comparison.
PAR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $137.1M | +15% |
| Q2 2026 | $133.4M | +19% |
| Q1 2026 | $124M | +19% |
| Q4 2025 | $120.1M | +14% |
| Q3 2025 | $119.2M | +23% |
| Q2 2025 | $112.4M | +44% |
| Q1 2025 | $103.9M | -1.6% |
| Q4 2024 | $105M | -2.5% |
PAR's revenue has grown year over year for six quarters in a row: $137M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4% | +11 points |
| Q2 2026 | -9.7% | +5.7 points |
| Q1 2026 | -11% | +4 points |
| Q4 2025 | -15% | +0.6 points |
| Q3 2025 | -15% | +0.9 points |
| Q2 2025 | -15% | +11 points |
| Q1 2025 | -15% | +8.2 points |
| Q4 2024 | -16% | -1.7 points |
PAR's operating margin was −4% last quarter, up 11 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 PAR 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 PAR on profitability, with a higher operating margin.
PAR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.6M | +192% |
| Q2 2026 | $6.8M | +$14.2M |
| Q1 2026 | -$17M | +$619K |
| Q4 2025 | -$12.5M | -492% |
| Q3 2025 | $7M | -16% |
| Q2 2025 | -$7.4M | +$6.8M |
| Q1 2025 | -$17.6M | +$6M |
| Q4 2024 | $3.2M | +249% |
PAR has burned cash in most quarters: −$2M over the past year, against −$15M the year before.
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 PAR on cash generation, producing positive trailing cash flow while its opponent burns cash.
PAR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +84K shares |
| 1 year | +1.9% | +783K shares |
| 3 years | +51% | +13.9M shares |
| 5 years | +59% | +15.4M shares |
| Available history | +155% | +25.1M shares |
PAR has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $33.1M |
| Q3 2020 | $497,000 |
| Q2 2020 | $179,000 |
| Q1 2020 | $153,000 |
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 | — |
PAR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1,866.6x | High |
PAR's net debt is more than 20 years 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 PAR on leverage, with a lower net debt burden relative to earnings.
PAR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.7 | Neutral |
| Stochastic | 83.5 | Overbought |
PAR's weekly RSI is 60 (neutral) and its Stochastic is 84 (overbought).
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).
PAR PE vs Technology Sector
PAR 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.
PAR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.4 | 25% above |
| 20 week MA | $17.6 | 24% above |
| 50 week MA | $19.9 | 9.2% above |
| 100 week MA | $38.7 | 44% below |
| 200 week MA | $41.2 | 47% below |
PAR has stronger trend alignment. PAR is above 3 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.
PAR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.9 | $66.8 | +116% |
| 2021 | $66.8 | $55.2 | -17% |
| 2022 | $55.2 | $24.3 | -56% |
| 2023 | $24.3 | $43.5 | +79% |
| 2024 | $43.5 | $73.3 | +68% |
| 2025 | $73.3 | $37.7 | -49% |
| 2026 YTD | $37.7 | $21.8 | -42% |
PAR's yearly returns have swung widely, from +116% in 2020 to −56% in 2022. It's down 42% 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 PAR on returns for 2026, with the stronger performance.