Western Digital (WDC) has been beaten down lately with too much selling pressure. While the stock has lost 13.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator th ...

Wall Street analysts expect Western Digital (WDC) to post quarterly earnings of $1.26 per share in its upcoming report, which indicates a year-over-year increase of 163.6%. Revenues are expected to be $3.77 billion, up 41.1% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

JHVEPhotoWestern Digital Corp (NASDAQ:WDC) has emerged as one of the market's more interesting turnaround stories, marked by an improved growth and earnings outlook. Even amid the latest round of tech sector volatility, shares of WDC are still up more than 75% over the past year. The data storage giant recognized as a leader in flash and hard disk drives is set to report its fiscal Q4 earnings on July 31. The market will look at signs of continued operational and financial momentum, with themes like art ...

Western Digital (WDC) closed at $78.82 in the latest trading session, marking a +0.06% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%.The maker of hard drives for businesses and personal computers's stock has climbed by 0.83% in the past month, falling short of the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78%.The investment community will be paying close a ...

Western Digital (WDC) closed at $78.50 in the latest trading session, marking a +1.72% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.1%. On the other hand, the Dow registered a loss of 0.08%, and the technology-centric Nasdaq increased by 0.28%.Shares of the maker of hard drives for businesses and personal computers witnessed a gain of 2.92% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 8.41% and the ...

The latest trading session saw Western Digital (WDC) ending at $75.40, denoting a -0.49% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.31%. At the same time, the Dow added 0.67%, and the tech-heavy Nasdaq lost 1.09%.The the stock of maker of hard drives for businesses and personal computers has risen by 1.28% in the past month, lagging the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73%.Investors will be eagerly watching for the perform ...

CHINA - 2023/11/03: In this photo illustration, the American computer hard disk drive and data ... [+] storage manufacturer Western Digital (WD, NASDAQ: WDC) logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWestern Digital (NASDAQ: WDC) has seen its stock price surge over 55% this year, while its peer Seagate (NASDAQ: STX) saw over ...

Western Digital (WDC) ended the recent trading session at $80.23, demonstrating a +0.46% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.03%.Prior to today's trading, shares of the maker of hard drives for businesses and personal computers had gained 9.32% over the past month. This has outpaced the Computer and Technology sector's gain of 8.7% and the S& ...

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?Let's take a look at what these Wall Street heavyweights have to say about Western Digital (WDC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Western Digital currently has an average brokerage recomm ...

Western Digital (WDC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of hard drives for businesses and personal computers have returned +4.6% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Computer- Storage Devices industry, to which Western Digital belongs, has gained 7.9% over this period. Now the key question is: Where cou ...