Why Western Digital's Stock Is Outperforming The S&P 500 In 2025?
1. WDC Q2 2025 revenue surged 41% year-over-year, reaching $4.3 billion. 2. Cloud-related revenue doubled year-over-year, highlighting demand for AI-powered storage. 3. Gross margins expanded significantly from 16.2% to 35.4% year-over-year. 4. Analysts suggest a potential 25% upside with an average price target of $84. 5. Separation of Flash and HDD businesses is set for completion in February 2025.