Western Digital has seen a stellar performance recently with shares soaring to fresh highs on the back of impressive Q3 earnings reports. A surge in AI demand has bolstered the Q1 results and guidance, and multiple notable investors have increased their stakes in the firm. Division heads have stated that they expect a revenue range of $2.80B - $3.00B in Q2. Analysts are universally optimistic, lifting price targets and consistently maintaining 'Buy' recommendations, with some even designating the company as their 'Top Pick.' Robust cloud momentum has also been highlighted, contributing towards the firm's strong trading position. However, the firm faced pressure from a significant one-off loss, which was mitigated by a return to profitability. Outstanding performance from Q1 2026 results indicated strong revenue growth, with an EPS of $3.07 surpassing estimates. On the other hand, despite this optimism, some have questioned the firm's long-term sustainable growth and advised taking chips off the table. The robust AI-driven demand and consistent increase of share price are clear positives, but only time will tell if this momentum is sustainable.
Western Digital Corp WDC News Analytics from Sun, 07 Sep 2025 07:00:00 GMT to Sat, 01 Nov 2025 20:38:49 GMT -
Rating 8
- Innovation 5
- Rumor 0
