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Will Upcoming Q1 Earnings Push Stock Back to $400?

Will Upcoming Q1 Earnings Push Stock Back to $400?

TradingKey – On October 22 ET, Western Digital (WDC) will report its first-quarter fiscal 2027 earnings report after the market close today. Following a major pullback from June to October, WDC’s stock price has recently rebounded for three consecutive trading days, closing at $378.51 on October 21, up 3.89%, with an intraday high of $381.88; over the past three trading days, it has accumulated a rebound of about 14%. As the earnings report approaches, can the stock price break through the key overhead resistance level of $400?

From the perspective of market expectations, consensus estimates currently project quarterly revenue at approximately $4.14 billion to $4.16 billion, representing a year-over-year increase of about 47%; adjusted EPS…

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