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]

Group 1 - Pure Storage (PSTG) closed at $55.53, reflecting a -2.95% change from the previous day, underperforming the S&P 500's loss of 0.24% [1] - Over the past month, shares of Pure Storage have increased by 2.54%, outperforming the Computer and Technology sector's gain of 2.07% and the S&P 500's gain of 1.95% [1] Group 2 - Pure Storage is set to release its earnings report on August 27, 2025, with an expected EPS of $0.4, indicating a 9.09% decline year-over-year, while revenue is projected to be $845.76 million, up 10.74% from the prior-year quarter [2] - For the full year, analysts expect earnings of $1.82 per share and revenue of $3.52 billion, representing changes of +7.69% and +11.01% respectively from last year [3] Group 3 - Recent modifications to analyst estimates for Pure Storage are crucial as they reflect changing near-term business trends, with positive revisions indicating analyst optimism [4] - Estimate revisions are correlated with near-term share price momentum, and investors can utilize the Zacks Rank for actionable insights [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 stocks averaging an annual return of +25% since 1988; currently, Pure Storage holds a Zacks Rank of 3 (Hold) [6] Group 5 - Pure Storage is currently traded at a Forward P/E ratio of 31.47, indicating a premium compared to its industry's Forward P/E of 14.11; the company's PEG ratio is 1.69, matching the industry average [7] Group 6 - The Computer-Storage Devices industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 27, placing it in the top 11% of over 250 industries, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]

Core Insights - Teradata (TDC) reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, but down from $0.64 per share a year ago, representing an earnings surprise of +14.63% [1] - The company posted revenues of $408 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.91%, but down from $436 million year-over-year [2] - Teradata has outperformed consensus EPS estimates in all four of the last quarters and has topped revenue estimates twice in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of $416.23 million, and for the current fiscal year, it is $2.16 on revenues of $1.63 billion [7] - The estimate revisions trend for Teradata was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Computer-Storage Devices industry, to which Teradata belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [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]

Group 1: Earnings Performance - Super Micro Computer (SMCI) reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.44 per share, and down from $0.63 per share a year ago, representing an earnings surprise of -6.82% [1] - The company posted revenues of $5.76 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.82%, compared to year-ago revenues of $5.31 billion [2] - Over the last four quarters, Super Micro has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Super Micro shares have increased approximately 91% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.6% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.56 on $6.61 billion in revenues for the coming quarter and $2.51 on $29.63 billion in revenues for the current fiscal year [7] Group 3: Industry Context - The Computer-Storage Devices industry, to which Super Micro belongs, is currently ranked in the top 21% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Another company in the same industry, Quantum Corp. (QMCO), is expected to report a quarterly loss of $0.15 per share, reflecting a year-over-year change of +91.7%, with revenues projected at $73.7 million, up 3.3% from the previous year [9]

Core Insights - Western Digital (WDC) reported quarterly earnings of $1.66 per share, exceeding the Zacks Consensus Estimate of $1.48 per share, and up from $1.44 per share a year ago [1] - The earnings surprise was +12.16%, following a previous surprise of +11.48% with earnings of $1.36 per share against an expectation of $1.22 per share [2] - The company generated revenues of $2.61 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.13%, but down from $3.76 billion year-over-year [3] Earnings Performance - Over the last four quarters, Western Digital has consistently surpassed consensus EPS estimates four times [2] - The company has also topped consensus revenue estimates three times in the last four quarters [3] Stock Performance - Western Digital shares have increased approximately 18.4% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [4] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for continued outperformance in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.40 on revenues of $2.55 billion, and for the current fiscal year, it is $5.92 on revenues of $10.36 billion [8] - The Computer-Storage Devices industry is ranked in the top 18% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]

Group 1: Stock Performance - Pure Storage (PSTG) stock increased by 1.52% to $58.12, outperforming the S&P 500 which had a daily loss of 0.01% [1] - Over the past month, PSTG shares gained 8.28%, surpassing the Computer and Technology sector's gain of 7.44% and the S&P 500's gain of 5.37% [1] Group 2: Upcoming Earnings - Pure Storage is projected to report earnings of $0.4 per share, reflecting a year-over-year decline of 9.09% [2] - The consensus estimate for revenue is $845.76 million, indicating a 10.74% increase compared to the same quarter last year [2] Group 3: Annual Estimates - For the annual period, earnings are anticipated to be $1.82 per share and revenue is expected to reach $3.52 billion, representing shifts of +7.69% and +11.01% respectively from the previous year [3] - Recent changes to analyst estimates suggest evolving short-term business trends, with positive revisions indicating analysts' confidence in business performance [3] Group 4: Valuation Metrics - Pure Storage has a Forward P/E ratio of 31.47, indicating a premium compared to its industry's Forward P/E of 13.88 [6] - The company holds a PEG ratio of 1.69, while the Computer-Storage Devices industry has an average PEG ratio of 2 [6] Group 5: Industry Ranking - The Computer-Storage Devices industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 11, placing it in the top 5% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1: Company Performance - NetApp's stock closed at $105.27, reflecting a -1.08% change from the previous day, underperforming the S&P 500's loss of 0.33% [1] - Over the past month, NetApp shares gained 3.38%, which is lower than the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07% [1] Group 2: Earnings Projections - NetApp's upcoming earnings per share (EPS) are projected to be $1.54, indicating a 1.28% decrease from the same quarter last year, with quarterly revenue expected to be $1.54 billion, down 0.15% from the previous year [2] - For the full year, analysts expect earnings of $7.72 per share and revenue of $6.74 billion, representing increases of +6.48% and +2.58% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for NetApp suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which assesses stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks NetApp at 3 (Hold), with the consensus EPS estimate moving 0.48% lower over the last 30 days [6] Group 4: Valuation Metrics - NetApp has a Forward P/E ratio of 13.78, which is in line with the industry average [7] - The company has a PEG ratio of 1.97, compared to the Computer-Storage Devices industry's average PEG ratio of 1.95 [8] Group 5: Industry Context - The Computer-Storage Devices industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 27, placing it in the top 11% of over 250 industries [9]