News trends indicate a mixed bag of predictions and analysis for Western Digital Corporation (WDC). Even amidst market challenges, the digital storage giant has achieved robust growth potentials and reportedly surpassed quarterly revenue expectations. In other events, the company is said to navigate mixed fiscal Q2 2024 results, while attracts investor attention. WDC's hardware stock has been deemed a good buy by some analysts and hedge funds, although it underperformed in the market in some instances. Regardless of a few stock drops, the company has still been predicted to earn Q1 2026 earnings of $3.84 per share. On the downside, multiple institutions such as Sumitomo Mitsui Trust Holdings Inc., Securian Asset Management Inc., and Assenagon Asset Management S.A. are reported to be selling or decreasing their holdings in WDC. Furthermore, while Goldman Sachs considers WDC to be among the best hardware stocks to buy, the company shares have seen some considerable falls recently.
Western Digital Corp WDC News Analytics from Thu, 23 Nov 2023 08:00:00 GMT to Sun, 18 Aug 2024 17:56:52 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -2
