Movement Alert|Western Digital Intraday Rise 4.77% in Regular Trading, Storage Shares Rebound Ahead of Earnings

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On October 19, Western Digital rose 4.77% in Regular Trading, trading at $350.69/share, with turnover of $342 million.

The move aligns with a broad rebound in storage names during the session, with peers such as Seagate Technology and SanDisk also advancing, indicating the stock was lifted mainly by sector strength ahead of its upcoming earnings release.

Recent market expectations for Western Digital's next report on October 22 call for revenue of about $4.125 billion, up 51.37% year over year, and adjusted EPS of about $4.07, up 157.78%. Although some brokers recently cut price targets, the stock still carries an average overweight rating, with a mean target price near $672.57, supporting sentiment into the print.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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