SNDK
Sandisk Corporation
SNDK has the edge over VTEX overall, supported by stronger fundamentals.
VTEX
Vtex
VTEX 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.
VTEX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
VTEX'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's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
VTEX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $3.94 | — |
| Current | 23x | $3.94 | — |
| Cheap | 29x | $4.99 | +27% |
| Fair | 72x | $12.19 | +209% |
| Expensive | 137x | $23.24 | +490% |
Historical ranges are pointers, not guarantees.
VTEX 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.
VTEX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VTEX, 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 the edge over VTEX in the latest year-over-year earnings comparison.
VTEX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.22 | +31% |
| Q2 2026 | $0.17 | +143% |
| Q1 2026 | $0.13 | +63% |
| Q4 2025 | $0.11 | +83% |
| Q3 2025 | $0.09 | +80% |
| Q2 2025 | $0.07 | +250% |
| Q1 2025 | $0.08 | +$0.12 |
| Q4 2024 | $0.06 | +$0.13 |
| Q3 2024 | $0.05 | +$0.14 |
VTEX's earnings per share have climbed steadily: $0.17 over the past year, up 143% from the year before, and higher year over year for 15 quarters in a row.
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's revenue has grown year over year for six quarters in a row: $11B last quarter, up 378% from the same quarter a year ago.
| 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 VTEX on profitability, with a higher operating margin.
VTEX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $64.4M | +9.5% |
| Q1 2026 | $60.7M | +12% |
| Q4 2025 | $68M | +10% |
| Q3 2025 | $59.6M | +6.5% |
| Q2 2025 | $58.8M | +4% |
| Q1 2025 | $54.2M | +2.9% |
| Q4 2024 | $61.5M | +1.3% |
| Q3 2024 | $56M | +11% |
VTEX's revenue has grown year over year every quarter since early 2021: $64M last quarter, up 9.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 15% | +10 points |
| Q1 2026 | 10% | +11 points |
| Q4 2025 | 17% | +4.9 points |
| Q3 2025 | 7% | +1.9 points |
| Q2 2025 | 5% | +3.5 points |
| Q1 2025 | -0.4% | +4.4 points |
| Q4 2024 | 12% | +2.2 points |
| Q3 2024 | 5.1% | +12 points |
VTEX's operating margin was 15% last quarter, up 10 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 VTEX on cash flow, with more consistent year-over-year improvement.
VTEX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $13.3M | +86% |
| Q1 2026 | $13.3M | +100% |
| Q4 2025 | $11.1M | -11% |
| Q3 2025 | $7.5M | -9.4% |
| Q2 2025 | $7.1M | +141% |
| Q1 2025 | $6.6M | +325% |
| Q4 2024 | $12.4M | +31% |
| Q3 2024 | $8.3M | +210% |
VTEX generated $45M in free cash flow over the past year, up 31% from 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 | — |
VTEX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -8.9% | -16.6M shares |
| 3 years | -8.7% | -16.2M shares |
| 5 years | -8.8% | -16.4M shares |
| Available history | -8.8% | -16.4M shares |
VTEX has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $23.8M |
| Q1 2026 | $9.7M |
| Q4 2025 | $21.3M |
| Q3 2025 | $18.9M |
| Q2 2025 | $3.9M |
| Q1 2025 | $15.1M |
| Q4 2024 | $11.2M |
| Q3 2024 | — |
VTEX spent $74M buying back its own shares over the past year, up 145% 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.
VTEX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.9x | Net Cash |
| Q1 2025 | -0.8x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
| Q3 2024 | -0.7x | Net Cash |
VTEX has more cash than debt.
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).
VTEX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.7 | Neutral |
| Stochastic | 47.1 | Neutral |
VTEX's weekly RSI is 52 (neutral) and its Stochastic is 47 (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 VTEX on valuation relative to its sector.
VTEX PE vs Technology Sector
| Metric | VTEX | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 28x | 17% below |
| PE % | 0 | 44 | 44 pts below |
VTEX is trading at 23x earnings, a 17% discount to the Technology sector's median of 28x.
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 |
VTEX has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus VTEX above 3 of 5.
VTEX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.94 | 0% above |
| 20 week MA | $3.91 | 0.8% above |
| 50 week MA | $3.76 | 4.8% above |
| 100 week MA | $4.52 | 13% below |
| 200 week MA | $5.30 | 26% below |
VTEX's trend is mixed: it's above two of its five weekly moving averages, and 26% 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 VTEX on returns for 2026, with the stronger performance.
VTEX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $25.4 | $11.7 | -54% |
| 2022 | $11.7 | $3.42 | -71% |
| 2023 | $3.42 | $6.88 | +101% |
| 2024 | $6.88 | $5.75 | -16% |
| 2025 | $5.75 | $3.71 | -35% |
| 2026 YTD | $3.71 | $3.94 | +6.2% |
VTEX's yearly returns have swung widely, from +101% in 2023 to −71% in 2022. It's up 6.2% so far in 2026.