$67.80
13.5% vs S&P 12m
Business overview
All-flash array vendor with a multi-hyperscaler deal to supply QLC-based bulk flash for cold storage tiers.
AI inference workloads pull on low-latency flash; hyperscaler design wins (Meta) are an inflection point if they scale.
Composite score
Higher = stronger overall research case
Fundamental51
Technical49
Valuation20
AI relevance60
Risk-adjusted (higher = safer)57
Segment-relative fundamental percentile: 13
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: -2.4%6M RS: -18.7%12M RS: 13.5%Vol30d: 50%DD52w: -21.0%
Financial summary
Curated, illustrative
Revenue
$3.66B
Growth (YoY)
10.0%
Gross margin
70.4%
Operating margin
-18.5%
FCF
$376.73M
Capex
$503.35M
Net cash / (debt)
$322.93M
ROIC
1.7%
Customer conc.
Medium
Valuation
Market cap
$22.41B
Enterprise value
$22.08B
P/E (TTM)
123.3x
Forward P/E
23.9x
EV / Sales
6.0x
EV / EBITDA
84.1x
P / FCF
59.5x
PEG
1.5x
Rule of 40
26.0%
Risks
Severity 1 (low) to 5 (severe)
- 3Hyperscaler design-win ramp timing
Score components
What drove the composite
Growth50
Profitability21
Cash generation48
Balance sheet81
Moat / AI relevance62
Capital intensity (higher = lighter)50
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)29
Momentum (3/6/12m)51
Relative strength80
Realized vol (higher = lower vol)41
Segment peers
Other companies in Memory