Advisors Preferred LLC bought 63,820 shares in Western Digital Corporation (NASDAQ:WDC), and Machina Capital S.A.S took a $898,000 position in the company. Analysts have recommended investors to buy Western Digital's stock as the company's target price has been boosted by BofA. Digital hardware stock, Western Digital, is eyed by investors for its forecasted increase in quarterly earnings, proving it to be a valuable asset. The company's shareholders have gained a 15% CAGR over five years. Western Digital is predicted to remain a trending stock and outperform the market due to its outstanding earnings growth in 2025. The company has announced to authorize a $2.0 Billion Share Repurchase Program and will be declaring a quarterly cash dividend on common stocks. Their Q3 2025 financial results will also be released on July 30, 2025. Despite recent setbacks, the company's stock is expected to rebound as analysts consistently rate it as a lucrative investment in the tech sector.
Western Digital Corp WDC News Analytics from Fri, 01 Nov 2024 07:00:00 GMT to Sat, 26 Jul 2025 18:35:34 GMT - Rating 8 - Innovation 8 - Information 8 - Rumor -3
