Western Digital (WDC) has seen its stock soar 915% year-over-year, driven by strong demand in cloud storage and significant margin expansion. The company reported impressive Q3 results with $3.34 billion in revenue, a 46% increase from last year, and earnings per share of $2.72 alongside a 50.5% gross margin. Looking ahead, WDC projects robust EPS growth through fiscal years 2026 to 2028, with a forward PEG ratio of 0.86x and a fair value target of $555 based on normalized FY28 earnings. Despite the bullish outlook and attractive valuation, investors should be cautious due to the stock's high volatility.
Sandisk, spun off from Western Digital in 2025, is positioned as a key player in the booming AI data center market due to its focus on NAND flash storage. As AI infrastructure grows, the demand for fast, reliable storage is accelerating, making Sandi...
An analyst reiterates a Strong Buy rating on Western Digital, citing proof of AI-driven storage demand with 45% revenue growth expected by Q3 2026. Key growth drivers include nearline cloud demand, UltraSMR technology, cost reductions per terabyte, a...
Micron, Samsung, and SK Hynix are benefiting from a global memory shortage caused by rising enterprise and AI demand. These companies have shifted focus to high-margin data center contracts, resulting in significant year-over-year revenue growth: Mic...
