Western Digital: Strong Margins, AI Story Intact
Western Digital has experienced significant growth, with a 915% increase in stock value year-over-year. The company reported impressive Q3 results, including a 46% revenue increase and a gross margin of 50.5%. Analysts maintain a positive outlook on the stock, citing an attractive valuation and strong future earnings potential.
- ▪Western Digital's stock surged 915% year-over-year due to strong cloud demand.
- ▪The company reported Q3 revenue of $3.34 billion, a 46% increase from the previous year.
- ▪WDC achieved a gross margin of 50.5% and has a bullish EPS growth outlook for FY26-28.
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