Western Digital (WDC) is "in a good spot right now," according to Matthew Bryson. He cites its hard drive business and limited tariff exposure as signs that the "old tech" company has room to run with the next leg in A.I.
WDC's fiscal Q3 2025 performance is driven by a 38% year-over-year growth in cloud business amid geopolitical turmoil and a fluctuating macroeconomic backdrop.
Western Digital Corporation (NASDAQ:WDC ) Q3 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Ambrish Srivastava - VP and IR Irving Tan - CEO Don Bennett - Interim CFO Conference Call Participants Erik Woodring - Morgan Stanley Aaron Rakers - Wells Fargo Karl Ackerman - BNP Paribas C.J. Muse - Cantor Fitzgerald Wamsi Mohan - Bank of America Asiya Merchant - Citigroup Amit Daryanani - Evercore Thomas O'Malley - Barclays Steven Fox - Fox Advisors Mark Miller - Benchmark Company Harlan Sur - JPMorgan Ananda Baruah - Loop Capital Mehdi Hosseini - SIG Tim Arcuri - UBS Vijay Rakesh - Mizuho Operator Good afternoon, and thank you for standing by.
Western Digital Corp forecast fourth-quarter results above Wall Street estimates on Wednesday, betting on stable demand for its storage devices from cloud providers, sending shares up 7% in premarket trading.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
WDC's fiscal Q3 earnings are likely to have been led by HDD business momentum and AI-driven storage demand amid temporary pricing woes in the Flash unit.
Western Digital (WDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Western Digital (WDC) closed at $35.93 in the latest trading session, marking a +0.31% move from the prior day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Western Digital (WDC) closed at $31.55, marking a +1.25% move from the previous day.