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Recently, Zacks.com users have been paying close attention to Western Digital (WDC). This makes it worthwhile to examine what the stock has in store.
NEW YORK , Feb. 19, 2025 /PRNewswire/ -- SanDisk Corp. (NASD: SNDK) will replace Leslie Inc. (NASD: LESL) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 25. S&P 500 constituent Western Digital Corp. (NASD: WDC) is spinning off SanDisk in a transaction expected to be completed on February 24.
Western Digital's (NASDAQ: WDC) strong Q2 2025 results have propelled its stock upward, fueled by record-breaking nearline shipments and the widespread adoption of UltraSMR (shingled magnetic recording) technology. As of February 14, the stock has surged 10% year-to-date, significantly outperforming the S&P 500's 4% gain.
NEW YORK--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) held the company's Investor Day today, announcing a vision and strategy for the future as the planned separation of the company's Flash business nears its expected completion on February 21, 2025. CEO Designate Irving Tan reinforced Western Digital's leadership in delivering world-class, sustainable storage solutions at scale. With a deep legacy in HDD technology and innovation, Western Digital remains the trusted partner for the world's.
Western Digital (WDC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) today announced that it will hold an Investor Day ahead of the planned separation of its Flash business to share its vision and strategy as a standalone HDD, storage platform and technology innovator. Event Date: Wednesday, February 12, 2025 Event Time: 9:30 a.m. – 1:30 p.m. ET More Information: https://investor.wdc.com Western Digital's CEO Designate Irving Tan and other senior executives will share how the company wi.
WDC's fiscal Q2 2025 performance is driven by a 119% year-over-year increase in cloud business amid softness in the consumer business.
Western Digital delivered strong Q2 results, growing revenue at 41% y/y driven by record-breaking HDD demand and gross margins. Demand from enterprise/cloud buyers rose 119% y/y, demonstrating the healthy levels of investment in the race to build AI applications that require cheap, efficient data storage. The company will complete its spin-off of its flash segment, SanDisk, in the March quarter - a potential upside catalyst for Western Digital's depressed valuation multiples.
Western Digital Corporation. (NASDAQ:WDC ) Q2 2025 Earnings Conference Call January 29, 2025 4:30 PM ET Company Participants Peter Andrew - Vice President, Financial Planning and Analysis and Investor Relations David Goeckeler - Chief Executive Officer Wissam Jabre - Executive Vice President, Chief Financial Officer Irving Tan - Executive Vice President for Global Operations at Western Digital.
The headline numbers for Western Digital (WDC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.