SNDK
Sandisk Corporation
SNDK has the edge over TRAK overall, supported by stronger fundamentals and stronger modeled upside.
TRAK
ReposiTrak, Inc.
TRAK 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.
TRAK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
TRAK's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
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.
TRAK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 19x | $7.35 | — |
| Cheap | 28x | $10.82 | +47% |
| Fair | 40x | $15.48 | +111% |
| Expensive | 68x | $26.63 | +262% |
Historical ranges are pointers, not guarantees.
TRAK has the edge over SNDK in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
TRAK Forward outlook
There aren't enough analyst estimates for TRAK 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 TRAK in the latest year-over-year earnings comparison.
TRAK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.39 | +11% |
| Q1 2026 | $0.37 | +12% |
| Q4 2025 | $0.37 | +19% |
| Q3 2025 | $0.36 | +20% |
| Q2 2025 | $0.35 | +21% |
| Q1 2025 | $0.33 | +14% |
| Q4 2024 | $0.31 | +6.9% |
| Q3 2024 | $0.30 | +7.1% |
TRAK's earnings per share have climbed steadily: $0.39 over the past year, up 11% from the year before, and higher year over year for 15 quarters in a row. Its recent earnings include one-off gains.
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 TRAK 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 TRAK on profitability, with a higher operating margin.
TRAK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $5.6M | -3.2% |
| Q1 2026 | $5.9M | -0.5% |
| Q4 2025 | $5.9M | +6.7% |
| Q3 2025 | $6M | +9.7% |
| Q2 2025 | $5.8M | +11% |
| Q1 2025 | $5.9M | +16% |
| Q4 2024 | $5.5M | +7.1% |
| Q3 2024 | $5.4M | +7.5% |
TRAK's revenue fell from its 2020 peak and has held roughly level since: $6M last quarter, down 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 34% | +6.2 points |
| Q1 2026 | 38% | +7.7 points |
| Q4 2025 | 31% | +6.4 points |
| Q3 2025 | 32% | +4.5 points |
| Q2 2025 | 28% | +2.1 points |
| Q1 2025 | 31% | +5.8 points |
| Q4 2024 | 25% | +0.4 points |
| Q3 2024 | 27% | +3.5 points |
TRAK's operating margin was 34% last quarter, up 6.2 points from the same quarter a year ago, near the top of its range since 2019.
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.
TRAK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.4M | +43% |
| Q1 2026 | $2.1M | +46% |
| Q3 2025 | $1.5M | -18% |
| Q2 2025 | $1.6M | -17% |
| Q1 2025 | $1.4M | -42% |
| Q3 2024 | $1.9M | +23% |
| Q2 2024 | $2M | +11% |
| Q1 2024 | $2.5M | -37% |
TRAK has the edge over SNDK on cash flow, with more consistent year-over-year improvement.
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 | — |
TRAK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +143K shares |
| 1 year | -0.8% | -160K shares |
| 3 years | +1.1% | +215K shares |
| 5 years | -3.9% | -773K shares |
| Available history | -5.7% | -1.1M shares |
TRAK has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $549,944 |
| Q4 2025 | $1.1M |
| Q3 2025 | $149,985 |
| Q2 2025 | $100,019 |
| Q1 2025 | — |
| Q4 2024 | $100,016 |
| Q3 2024 | — |
TRAK spent $2M buying back its own shares over the past year, about nine times what it spent 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.
TRAK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -3.2x | Net Cash |
| Q1 2026 | -3.1x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -3.6x | Net Cash |
| Q2 2025 | -3.8x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.2x | Net Cash |
| Q3 2024 | -3.9x | Net Cash |
TRAK 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).
TRAK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.9 | Neutral |
| Stochastic | 14.8 | Oversold |
TRAK's weekly RSI is 39 (neutral) and its Stochastic is 15 (oversold).
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 TRAK on valuation relative to its sector.
TRAK PE vs Technology Sector
| Metric | TRAK | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 28x | 32% below |
| PE % | 1 | 35 | 34 pts below |
TRAK is trading at 19x earnings, a 32% discount to the Technology sector's median of 28x, though its recent earnings include one-off gains.
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 |
TRAK has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus TRAK above 0 of 5.
TRAK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.48 | 1.7% below |
| 20 week MA | $8.08 | 9% below |
| 50 week MA | $9.19 | 20% below |
| 100 week MA | $14.1 | 48% below |
| 200 week MA | $13.4 | 45% below |
TRAK is in a downtrend: it's below all five of its weekly moving averages, and 45% below 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 TRAK on returns for 2026, with the stronger performance.
TRAK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.86 | $5.02 | +3.3% |
| 2021 | $5.02 | $5.76 | +15% |
| 2022 | $5.76 | $5.24 | -9% |
| 2023 | $5.24 | $10.0 | +91% |
| 2024 | $10.0 | $22.0 | +120% |
| 2025 | $22.0 | $13.1 | -40% |
| 2026 YTD | $13.1 | $7.35 | -44% |
TRAK's yearly returns have swung widely, from +120% in 2024 to −40% in 2025. It's down 44% so far in 2026.