Core Insights - Pure Storage reported quarterly earnings of $0.58 per share, slightly missing the Zacks Consensus Estimate of $0.59 per share, but showing an increase from $0.50 per share a year ago, resulting in an earnings surprise of -1.69% [1] - The company achieved revenues of $964.45 million for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 0.66% and reflecting a year-over-year increase from $831.07 million [2] - Pure Storage has outperformed the S&P 500, with shares increasing by approximately 44.2% since the beginning of the year compared to the S&P 500's gain of 15.8% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.65 on revenues of $1.02 billion, while the estimate for the current fiscal year is $1.97 on revenues of $3.62 billion [7] - The estimate revisions trend for Pure Storage was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Computer-Storage Devices industry, to which Pure Storage belongs, is currently ranked in the top 14% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Core Insights - NetApp (NTAP) reported quarterly earnings of $2.05 per share, exceeding the Zacks Consensus Estimate of $1.89 per share, and showing an increase from $1.87 per share a year ago, resulting in an earnings surprise of +8.47% [1] - The company achieved revenues of $1.71 billion for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 1.09% and up from $1.66 billion year-over-year [2] - NetApp has outperformed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.07 on revenues of $1.71 billion, while for the current fiscal year, the estimate is $7.77 on revenues of $6.76 billion [7] - The trend of estimate revisions for NetApp was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] Industry Context - The Computer-Storage Devices industry, to which NetApp belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Viewpoint - NetApp is experiencing a decline in stock performance, with a notable loss over the past month, while upcoming earnings are anticipated to show slight growth in EPS and revenue [1][2]. Financial Performance - NetApp plans to announce its earnings on November 25, 2025, with an expected EPS of $1.89, reflecting a 1.07% increase from the prior-year quarter [2]. - The revenue forecast for the upcoming quarter is $1.69 billion, indicating a 1.68% growth compared to the same quarter last year [2]. - For the entire fiscal year, earnings are projected at $7.77 per share and revenue at $6.76 billion, representing increases of 7.17% and 2.85% respectively from the previous year [3]. Analyst Estimates - Recent modifications to analyst estimates for NetApp are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4]. - The Zacks Consensus EPS estimate has remained unchanged over the past month, and NetApp currently holds a Zacks Rank of 3 (Hold) [6]. Valuation Metrics - NetApp is trading at a Forward P/E ratio of 14.09, which is below the industry average of 18.9, suggesting it is undervalued compared to its peers [7]. - The company has a PEG ratio of 1.92, aligning with the industry average, which indicates a balance between its earnings growth expectations and current valuation [8]. Industry Context - The Computer-Storage Devices industry, part of the broader Computer and Technology sector, ranks in the top 16% of all industries according to the Zacks Industry Rank [9].

Core Insights - Netlist, Inc. reported a quarterly loss of $0.02 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.01, marking an earnings surprise of -100.00% [1] - The company generated revenues of $42.23 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 0.56% and showing an increase from $40.19 million year-over-year [2] - Netlist shares have declined approximately 21.7% year-to-date, contrasting with the S&P 500's gain of 15.6% [3] Financial Performance - Over the last four quarters, Netlist has consistently failed to surpass consensus EPS estimates [2] - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $47 million, while for the current fiscal year, it is -$0.07 on revenues of $159.7 million [7] Market Outlook - The company's earnings outlook will be crucial for understanding future stock performance, particularly in light of management's commentary during the earnings call [3][4] - The Zacks Rank for Netlist is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Computer-Storage Devices industry, to which Netlist belongs, is currently ranked in the top 17% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Super Micro Computer (SMCI) reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $0.75 per share a year ago, indicating an earnings surprise of +25.00% [1] - The company posted revenues of $5.02 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 0.56% and down from $5.94 billion year-over-year [2] - Super Micro shares have increased approximately 66.5% year-to-date, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $8.3 billion, and for the current fiscal year, it is $2.54 on revenues of $34.13 billion [7] - The estimate revisions trend for Super Micro was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Computer-Storage Devices industry, to which Super Micro belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Pure Storage (PSTG), another company in the same industry, is expected to report quarterly earnings of $0.59 per share, reflecting a year-over-year increase of +18% [9]

Core Insights - Western Digital (WDC) reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.59 per share, and matching the earnings from the previous year [1] - The earnings surprise was +11.95%, with the company having surpassed consensus EPS estimates in all four quarters of the past year [2] Financial Performance - The company generated revenues of $2.82 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.54%, but down from $4.1 billion year-over-year [3] - Western Digital has also exceeded consensus revenue estimates in the last four quarters [3] Stock Performance - Since the beginning of the year, Western Digital shares have increased by approximately 137.1%, significantly outperforming the S&P 500's gain of 17.2% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.70 for the upcoming quarter and $6.67 for the current fiscal year [8] - The Zacks Rank for Western Digital is currently 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The Computer-Storage Devices industry, to which Western Digital belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]

Core Viewpoint - NetApp's stock has underperformed compared to the broader market, with a recent decline and upcoming financial results that are being closely monitored by market participants [1][2]. Financial Performance - NetApp is expected to report an EPS of $1.89, reflecting a 1.07% increase year-over-year, and quarterly revenue is forecasted at $1.69 billion, up 1.68% from the previous year [2]. - For the entire fiscal year, earnings are projected at $7.77 per share and revenue at $6.76 billion, indicating increases of 7.17% and 2.85% respectively from the prior year [3]. Analyst Estimates - Recent changes in analyst estimates for NetApp are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3][4]. Zacks Rank and Performance - NetApp currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5]. - The Zacks Rank system has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5]. Valuation Metrics - NetApp has a Forward P/E ratio of 15.33, which is below the industry average of 19.07, indicating a valuation discount [6]. - The company also has a PEG ratio of 2.09, which aligns with the industry average for the Computer-Storage Devices sector [6]. Industry Context - The Computer-Storage Devices industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 90, placing it in the top 37% of over 250 industries [7]. - Strong industry rankings suggest that the top-rated industries outperform the lower-rated ones by a factor of 2 to 1 [7].

Core Viewpoint - Western Digital (WDC) has experienced significant stock price appreciation, with a 46.6% increase over the past month and a 101.3% rise since the beginning of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Computer-Storage Devices industry [1][3]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.66 against a consensus estimate of $1.48 in its last earnings report [2]. - For the current fiscal year, Western Digital is projected to achieve earnings of $6.62 per share on revenues of $10.92 billion, reflecting a 34.28% increase in EPS but a 17.76% decline in revenues. The next fiscal year is expected to see earnings of $7.34 per share on $11.28 billion in revenues, indicating year-over-year changes of 10.91% and 3.32%, respectively [3]. Valuation Metrics - The stock currently trades at 18.1 times the current fiscal year EPS estimates, aligning with the peer industry average. On a trailing cash flow basis, it also trades at 19.8 times, matching the peer group's average. The PEG ratio stands at 0.93, suggesting that the company is not among the top value stocks [7]. - Western Digital has a Value Score of C, a Growth Score of B, and a Momentum Score of A, resulting in a combined VGM Score of A [6]. Zacks Rank - The stock holds a Zacks Rank of 1 (Strong Buy), driven by rising earnings estimates, which is a critical factor for investors [8]. - Given the Zacks Rank and Style Scores, Western Digital appears to have potential for further stock price appreciation in the near term [9].

Core Viewpoint - Western Digital (WDC) has shown strong stock performance, with a 24.9% increase over the past month and a 59.4% rise since the beginning of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Computer-Storage Devices industry [1] Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.66 against a consensus estimate of $1.48 in its last earnings report on July 30, 2025 [2] - For the current fiscal year, Western Digital is projected to achieve earnings of $6.5 per share on revenues of $10.92 billion, reflecting a 31.85% increase in EPS but a 17.76% decrease in revenues [3] - In the next fiscal year, earnings are expected to rise to $7.11 per share on revenues of $11.28 billion, indicating a year-over-year change of 9.38% in EPS and 3.32% in revenues [3] Valuation Metrics - The stock currently trades at 14.6 times the current fiscal year EPS estimates, below the peer industry average of 15.9 times [7] - On a trailing cash flow basis, the stock trades at 15.7 times compared to the peer group's average of 17 times, with a PEG ratio of 1.06 [7] Zacks Rank and Style Scores - Western Digital holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, which is a favorable indicator for investors [8] - The company has a Value Score of C, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of B [6]

Core Viewpoint - Western Digital (WDC) has shown strong stock performance, with a 14.8% increase over the past month and a 32.9% gain since the start of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Computer-Storage Devices industry [1] Financial Performance - Western Digital has consistently exceeded earnings expectations, reporting an EPS of $1.66 against a consensus estimate of $1.48 in its last earnings report on July 30, 2025 [2] - For the current fiscal year, the company is projected to achieve earnings of $6.5 per share on revenues of $10.92 billion, reflecting a 31.85% increase in EPS but a 17.76% decrease in revenues [3] - The next fiscal year forecasts earnings of $7.11 per share on revenues of $11.28 billion, indicating year-over-year changes of 9.38% in EPS and 3.32% in revenues [3] Valuation Metrics - The stock currently trades at 12.2 times the current fiscal year EPS estimates, below the peer industry average of 14.4 times [7] - On a trailing cash flow basis, Western Digital trades at 13.1 times, compared to the peer group's average of 15.3 times [7] - The company has a PEG ratio of 0.88, which does not place it among the top tier of stocks from a value perspective [7] Style Scores and Zacks Rank - Western Digital has a Value Score of B, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of B [6] - The stock holds a Zacks Rank of 1 (Strong Buy), supported by a solid earnings estimate revision trend, indicating potential for further gains [8]