SNDK
Sandisk Corporation
SNDK has the edge over TEAD overall, supported by stronger fundamentals and stronger modeled upside.
TEAD
Teads Holding Co.
TEAD trails on the overall score without a compensating advantage in the available component scores.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
TEAD Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Under pressure | |
| Weak |
TEAD's revenue, profitability, cash flow and balance sheet are all currently under pressure.
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.
TEAD PE Valuation
TEAD has no meaningful PE right now: it lost money over the past year.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over TEAD on the outlook, with more favorable earnings and revenue expectations.
TEAD Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Decline | |
| Stable | |
| Limited | |
| Low |
Analysts expect TEAD's revenue to decline, with its earnings and profitability holding steady. However, they disagree widely on these estimates.
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 TEAD in the latest year-over-year earnings comparison.
TEAD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$8.78 | -$7.74 |
| Q2 2024 | -$0.04 | +$0.09 |
| Q1 2024 | $0.21 | +$0.73 |
| Q4 2023 | $0.20 | +$0.64 |
| Q3 2023 | -$0.04 | -108% |
| Q2 2023 | -$0.13 | +$0.40 |
| Q1 2023 | -$0.52 | -$0.45 |
TEAD lost $8.78 per share over the past year, a bigger loss than 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 TEAD 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 TEAD on profitability, with a higher operating margin.
TEAD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $235.1M | -26% |
| Q2 2026 | $284.6M | -17% |
| Q1 2026 | $266M | -7.1% |
| Q4 2025 | $352.2M | +50% |
| Q3 2025 | $318.8M | +42% |
| Q2 2025 | $343.1M | +60% |
| Q1 2025 | $286.4M | +32% |
| Q4 2024 | $234.6M | -5.5% |
TEAD's revenue has held roughly level: $235M last quarter, down 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -131% | -129 points |
| Q2 2026 | -5.5% | -4.8 points |
| Q1 2026 | -8.2% | +7.3 points |
| Q4 2025 | -98% | -99 points |
| Q3 2025 | -2% | -0.6 points |
| Q2 2025 | -0.7% | +2 points |
| Q1 2025 | -16% | -13 points |
| Q4 2024 | 1.1% | -1.2 points |
TEAD's operating margin was −131% last quarter, down 129 points from the same quarter a year ago, near the bottom of its range since 2021.
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 TEAD on cash generation, producing positive trailing cash flow while its opponent burns cash.
TEAD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$28.4M | -$3.9M |
| Q2 2026 | $8M | -66% |
| Q1 2026 | -$35.6M | -$31.7M |
| Q4 2025 | $6.5M | -84% |
| Q3 2025 | -$24.5M | -320% |
| Q1 2025 | -$3.9M | -153% |
| Q4 2024 | $40M | +72% |
| Q1 2024 | $7.3M | +$31.5M |
TEAD's free cash flow was −$49M over the past year, against $35M 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 | — |
TEAD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +960K shares |
| 1 year | +3.3% | +3.1M shares |
| 3 years | +91% | +46.8M shares |
TEAD has 98M diluted shares, up 3.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6,000 |
| Q2 2026 | $75,000 |
| Q1 2026 | $38,000 |
| Q4 2025 | $7,000 |
| Q3 2025 | $86,000 |
| Q2 2025 | $198,000 |
| Q1 2025 | $355,000 |
| Q4 2024 | $210,000 |
TEAD spent $126,000 buying back its own shares over the past year, down 85% from the year before.
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.
TEAD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 34.0x | High |
| Q3 2022 | 6.5x | High |
| Q2 2022 | -11.1x | Net Cash |
TEAD's net debt is more than 20 years of its operating earnings (EBITDA).
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).
TEAD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 26.4 | Oversold |
| Stochastic | 4.3 | Oversold |
TEAD's weekly RSI is 26 (oversold) and its Stochastic is 4 (oversold).
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.
TEAD PE vs Technology Sector
TEAD has no meaningful PE right now: it lost money over the past year.
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 and TEAD share similar trend alignment, each above 0 of 3 tracked weekly averages.
TEAD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.37 | 54% below |
| 20 week MA | $0.54 | 69% below |
| 50 week MA | $0.72 | 76% below |
TEAD is in a downtrend: it's below all three of its weekly moving averages, and 76% below its 50-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 TEAD on returns for 2026, with the stronger performance.
TEAD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $2.85 | $0.91 | -68% |
| 2026 YTD | $0.91 | $0.17 | -81% |
TEAD has finished every year since 2025 lower, and it's down 81% so far in 2026.