SNDK
Sandisk Corporation
SNDK has the edge over SONO overall, supported by stronger fundamentals and stronger modeled upside.
SONO
Sonos, Inc.
SONO has lower modeled downside risk, despite its lower overall score.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
SONO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
SONO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 SONO in the historical PE scenario, which offers more potential upside but is not a forecast.
SONO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $15.38 | -15% |
| Current | 25x | $18.11 | — |
| Fair | 34x | $24.15 | +33% |
| Expensive | 148x | $106 | +488% |
Historical ranges are pointers, not guarantees.
SONO's PE is 25x, but its earnings don't support one, so it isn't a reliable read right now.
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.
SONO Forward outlook
There aren't enough analyst estimates for SONO to show an outlook.
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 SONO in the latest year-over-year earnings comparison.
SONO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.72 | +$1.23 |
SONO has returned to profit: it earned $0.72 per share over the past year, after losing money the year before.
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 SONO 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 SONO on profitability, with a higher operating margin.
SONO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $344.4M | +20% |
| Q2 2026 | $375.3M | +8.8% |
| Q1 2026 | $281.5M | +8.4% |
| Q4 2025 | $545.7M | -0.9% |
SONO's revenue is recovering but still below its 2024 peak: $344M last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 8.4% | +9.3 points |
| Q1 2026 | -11% | +12 points |
| Q4 2025 | 18% | +9.7 points |
| Q3 2025 | -12% | N/A |
| Q2 2025 | -0.8% | N/A |
| Q1 2025 | -24% | N/A |
| Q4 2024 | 8.7% | N/A |
SONO's operating margin was 8.4% last quarter, up 9.3 points from the same quarter a year ago.
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 SONO in the latest year-over-year cash flow comparison.
SONO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $40.3M | +23% |
| Q1 2026 | -$70.2M | -$4.9M |
| Q4 2025 | $157.3M | +10% |
SNDK has the edge over SONO in the latest year-over-year cash flow comparison.
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 | — |
SONO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +773K shares |
| 1 year | +0.5% | +559K shares |
SONO has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $30.2M |
| Q1 2026 | $40.1M |
| Q4 2025 | $25M |
| Q3 2025 | $20.4M |
| Q2 2025 | — |
| Q1 2025 | $33.4M |
| Q4 2024 | $27.2M |
SONO spent $116M buying back its own shares over the past year.
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.
SONO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -2.3x | Net Cash |
| Q4 2025 | -5.2x | Net Cash |
| Q3 2025 | -14.7x | Net Cash |
SONO has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
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).
SONO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.6 | Neutral |
| Stochastic | 58.7 | Neutral |
SONO's weekly RSI is 62 (neutral) and its Stochastic is 59 (neutral).
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 SONO on valuation relative to its sector.
SONO PE vs Technology Sector
| Metric | SONO | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 28x | 9.7% below |
| PE % | 33 | 35 | 2 pts below |
SONO is trading at 25x earnings, in line with the Technology sector's median of 28x, though its earnings don't support one.
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 |
SONO has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus SONO above 5 of 5.
SONO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.3 | 4.4% above |
| 20 week MA | $16.0 | 13% above |
| 50 week MA | $15.6 | 16% above |
| 100 week MA | $14.3 | 27% above |
| 200 week MA | $14.9 | 21% above |
SONO has climbed back above all five of its weekly moving averages, and it's now 21% above its 200-week average.
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 SONO on returns for 2026, with the stronger performance.
SONO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.0 | $24.4 | +63% |
| 2021 | $24.4 | $29.9 | +22% |
| 2022 | $29.9 | $17.0 | -43% |
| 2023 | $17.0 | $17.1 | +0.8% |
| 2024 | $17.1 | $15.0 | -12% |
| 2025 | $15.0 | $18.1 | +20% |
| 2026 YTD | $18.1 | $18.1 | +0.2% |
SONO has finished higher in four of the last six years. It's roughly flat so far in 2026.