SNDK
Sandisk Corporation
SNDK has the edge over VISN overall, supported by stronger fundamentals and stronger modeled upside.
VISN
Vistance Networks, Inc.
VISN offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
VISN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Healthy | |
| Weak | |
| Strong |
VISN's profitability and balance sheet are currently healthy, but its revenue and cash flow are weak.
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.
VISN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 0.1x | $4.00 | — |
| Cheap | 0.4x | $12.74 | +219% |
| Fair | 2x | $72.02 | +1700% |
| Expensive | 5.8x | $203 | +4964% |
| Forward | 6.7x | $4.00 | — |
Historical ranges are pointers, not guarantees.
VISN 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 |
SNDK has the edge over VISN on the outlook, with more favorable valuation and earnings expectations.
VISN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect VISN's earnings and revenue to decline, though with profitability improving.
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 returned to profit: it earned $125.61 per share over the past year, after losing money the year before.
VISN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.59 | -98% |
| Q3 2026 | $35.20 | +967% |
| Q2 2026 | $31.05 | +1059% |
| Q1 2026 | $29.90 | +987% |
| Q4 2025 | $9.63 | +$11.53 |
| Q3 2025 | $3.30 | +$7.75 |
| Q2 2025 | $2.68 | +$10.88 |
| Q1 2025 | $2.75 | +$11.63 |
| Q4 2024 | -$1.90 | +$5.27 |
VISN has the edge over SNDK in the latest year-over-year earnings comparison.
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 VISN 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 VISN on profitability, with a higher operating margin.
VISN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $319.7M | -80% |
| Q2 2026 | $319.6M | -77% |
| Q1 2026 | $471.8M | -58% |
| Q4 2025 | $514.5M | -56% |
| Q3 2025 | $1.6B | +51% |
| Q2 2025 | $1.4B | +0.1% |
| Q1 2025 | $1.1B | -4.8% |
| Q4 2024 | $1.2B | -1.4% |
VISN's revenue has slid since its 2022 peak: $320M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.2% | -11 points |
| Q2 2026 | -2.8% | -20 points |
| Q1 2026 | 5% | -7 points |
| Q4 2025 | -0.6% | -11 points |
| Q3 2025 | 18% | +9 points |
| Q2 2025 | 17% | +3.1 points |
| Q1 2025 | 12% | +12 points |
| Q4 2024 | 10% | +15 points |
VISN's operating margin was 7.2% last quarter, down 11 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 VISN on cash generation, producing positive trailing cash flow while its opponent burns cash.
VISN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$57.7M | -143% |
| Q2 2026 | -$74.8M | -216% |
| Q1 2026 | -$228.8M | -$26.4M |
| Q4 2025 | $255.5M | -5.6% |
| Q3 2025 | $135M | +17% |
| Q2 2025 | $64.5M | +42% |
| Q1 2025 | -$202.4M | -$18.7M |
| Q4 2024 | $270.6M | +431% |
VISN's free cash flow was −$106M over the past year, against $268M 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 | — |
VISN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3% | -6.9M shares |
| 1 year | -18% | -50.8M shares |
| 3 years | +9.4% | +19.5M shares |
| 5 years | +16% | +32M shares |
VISN has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
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.
VISN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.1x | Net Cash |
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | -3.2x | Net Cash |
| Q4 2025 | 6.9x | High |
| Q3 2025 | 6.0x | High |
| Q2 2025 | 7.3x | High |
| Q1 2025 | 7.7x | High |
| Q4 2024 | 11.0x | High |
VISN 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).
VISN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 21.6 | Oversold |
| Stochastic | 5.0 | Oversold |
VISN's weekly RSI is 22 (oversold) and its Stochastic is 5 (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.
VISN PE vs Technology Sector
| Metric | VISN | Sector median | Relative |
|---|---|---|---|
| PE | 0.1x | 28x | 100% below |
| PE % | 0 | 35 | 35 pts below |
VISN has the edge over SNDK on valuation relative to its sector.
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 |
VISN has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus VISN above 0 of 5.
VISN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.80 | 31% below |
| 20 week MA | $8.30 | 52% below |
| 50 week MA | $13.3 | 70% below |
| 100 week MA | $11.3 | 65% below |
| 200 week MA | $7.50 | 47% below |
VISN is in a downtrend: it's below all five of its weekly moving averages, and 47% 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 VISN on returns for 2026, with the stronger performance.
VISN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.0 | $13.1 | -6% |
| 2021 | $13.1 | $10.8 | -17% |
| 2022 | $10.8 | $7.11 | -34% |
| 2023 | $7.11 | $2.82 | -60% |
| 2024 | $2.82 | $5.51 | +95% |
| 2025 | $5.51 | $18.3 | +231% |
| 2026 YTD | $18.3 | $4.00 | -78% |
VISN's yearly returns have swung widely, from +231% in 2025 to −60% in 2023. It's down 78% so far in 2026.