Western Digital Corp (WDC) has been receiving extensive market attention recently. Several investment funds are actively changing their stakes, with various companies both purchasing and selling shares. Notably,
Sciencast Management LP and Vident Advisory LLC are among the companies that purchased new shares, while
Alliancebernstein L.P, the State of Wyoming, and DnB Asset Management AS notably reduced their shareholdings in the company. The company currently holds a consensus rating of '
Moderate Buy' by analysts and
Jim Cramer, a renowned market expert, has discussed the corporation's value various times, suggesting it being at relatively promising earnings multiples. Furthermore, Western Digital's performance has been praised, with its trading regularly outperforming the broader market. Its stock price hit a 52-week high supported by strong earnings reports. On top of that, it has made headlines with advancements unveiled at
Computex 2025 and is expected to play a pivotal role in AI-driven storage demand. Amid all, there is a renewal in
analyst optimism surrounding the company's valuation and future prospects making Western Digital an essential player to watch.
Western Digital Corp WDC News Analytics from Wed, 30 Apr 2025 07:00:00 GMT to Sat, 13 Sep 2025 21:46:43 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2