Western Digital Corporation (WDC) is currently drawing significant investor attention. The company has an upcoming Q3 2025 earnings announcement, hailed as a key date for tech investors. The storage tech titan has recently been rated 'Moderate Buy' on average by brokerages, including an
'Overweight' rating from
Morgan Stanley. Moreover, data from billionaire investor Stanley Druckenmiller's top stock picks highlighted WDC, emphasizing its significant upside potential. With AI spending and cheap valuation being pointed as advantageous for WDC, the company has caught the attention of analysts, citing its potential in data storage. Despite its rise and fall in the market, Western Digital managed to secure an augmented share position, with prominent institutions like
BTG Pactual Asset Management US LLC taking position and
LSV Asset Management purchasing over 84,000 shares. The tech giant has also implemented strategic company changes recently, including
Senior Notes Redemption, achieving record HDD growth, and completing a planned company separation. Their flash business situation and price target revisions by institutions like Citigroup and Mizuho fuels speculations. Amid the fluctuations, Western Digital's stock price managed a 10.3% increase, prompting recommendations from Wall Street to investors on purchase considerations.
Western Digital Corp WDC News Analytics from Fri, 01 Nov 2024 07:00:00 GMT to Sat, 19 Apr 2025 09:58:41 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -3
