BofA Lifts PT on Western Digital Corporation (WDC) Following Q3 Results

The standing update came aft Western Digital Corporation (NASDAQ:WDC) announced its fiscal Q3 2026 results connected April 30. It reported gross of $3.34 cardinal for the quarter, up 45% year-over-year, with a GAAP gross borderline of 50.2% and a non-GAAP gross borderline of 50.5%. GAAP diluted EPS was $8.20, portion non-GAAP diluted EPS reached $2.72. Management further reported that currency travel from operations was $1.12 billion, with escaped currency travel of $978 million. Western Digital Corporation (NASDAQ:WDC) expects fiscal Q4 2026 gross to beryllium up 36% to 44% year-over-year, portion fiscal Q4 2026 non-GAAP gross borderline is expected to beryllium successful the scope of 51% to 52%.

Western Digital Corporation (NASDAQ:WDC) develops, manufactures, markets, and sells information retention devices and solutions.

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