Western Digital Corporation (WDC)
| Market Cap | 22.81B |
| Revenue (ttm) | 11.26B |
| Net Income (ttm) | -2.31B |
| Shares Out | 326.17M |
| EPS (ttm) | -7.22 |
| PE Ratio | n/a |
| Forward PE | 17.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,491,095 |
| Open | 67.20 |
| Previous Close | 67.05 |
| Day's Range | 67.20 - 70.24 |
| 52-Week Range | 31.97 - 76.92 |
| Beta | 1.55 |
| Analysts | Buy |
| Price Target | 73.72 (+5.44%) |
| Earnings Date | Apr 25, 2024 |
About WDC
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for WDC stock is "Buy." The 12-month stock price forecast is $73.72, which is an increase of 5.44% from the latest price.
News
Western Digital Corporation's Q3 Earnings: Fuel for a $75 breakout?
As Western Digital Corporation (NASDAQ: WDC) prepares to announce its Q3 earnings later this week, investors are poised on the edge of their seats, eagerly anticipating the company's performance amids...
Neutral to Bullish on Western Digital (WDC)
Western Digital's (WDC) price target was raised to $85 from $75 at BofA. The analyst noted that they see both the HDD and NAND business being close to the bottom of the cycle.
Western Digital to Announce Third Quarter Fiscal 2024 Financial Results on April 25, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2024 financial results after the market closes on Thursday, April 25, 2024. The i...
Nvidia and these other chip stocks named top plays into earnings season
Ahead of last earnings season, Cantor Fitzgerald analyst C.J. Muse advised investors not to overthink things.
Western Digital Stock Rises. Why Its Plan to Split Attracted This Bull.
Evercore ISI analyst Amit Daryanani has initiated coverage of Western Digital with an Outperform rating.
Micron's Surprise AI Boost Lifts Western Digital, AMD, Seagate, Other Chip Stocks
Surging demand for artificial intelligence led to a surprise quarterly profit for Micron. It's helping other chip stocks, too.
Should You Pick Western Digital Stock At $65 After 25% Gains This Year?
Western Digital WDC (NASDAQ: WDC) recently provided an update on its plan to split the company into two verticals - hard drive and NAND business. The current CEO of Western Digital - David Goeckeler -...
Western Digital names heads for flash memory, HDD units after split
Western Digital on Tuesday named chief executives for its soon-to-be separated flash memory and traditional hard-disk drive (HDD) businesses and said the process was on track for completion in the sec...
Western Digital Announces Update on Company Separation
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) (“Western Digital” or “the Company”) today provided an update on its previously announced plan to separate into two independent, ...
Ethisphere Names Western Digital as One of the 2024 World's Most Ethical Companies® for the Sixth Time
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (NASDAQ: WDC) has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing ...
Trade Tracker: Bill Baruch buys Salesforce and more AMD, Nvidia & Western Digital
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest buys
Western Digital to Participate in Upcoming Investor Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conference: Event: Morgan Stanley Technology, Media & Telecom C...
Kioxia and Western Digital's Joint Venture To Receive Up To 150 Billion Yen Government Subsidy for Yokkaichi and Kitakami Plants
TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)--Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) announced today that their joint venture manufacturing facilities at Yokkaichi and Kitakami ...
Japan to support Kioxia, Western Digital chip production expansion
Japan's industry ministry said on Tuesday it would provide support for expansion of memory chip production by Kioxia and Western Digital in Mie and Iwate prefectures.
Bain in talks with SK Hynix to restart Western Digital-Kioxia merger talks - Kyodo
Bain Capital is in talks with SK Hynix to restart negotiations to merge memory chip makers Western Digital and Japan's Kioxia Holdings, Kyodo newswire reported on Saturday, citing unidentified sources...
Western Digital Stock Down Despite Earnings Beat—Key Price Levels to Monitor
Shares in disk drive and data storage manufacturer Western Digital (WDC) were down about 3% in pre-market trading Friday, even as the company posted results late Thursday that beat forecasts.
Western Digital Corp posts wider Q2 loss, sees impact of structural changes
Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD ...
Western Digital's stock dips nearly 4% on revenue decline
Western Digital Corp.'s WDC, +3.96% stock declined nearly 4% in after-hours trading Thursday after the company posted quarterly results. Western Digital reported a fiscal second-quarter net loss of $2...
Western Digital Reports Fiscal Second Quarter 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2024 financial results. “Western Digital's second quarter results demonstrate that the struc...
Nvidia is no longer Morgan Stanley's top chip pick. A much different name is.
Morgan Stanley no longer considers Nvidia Corp. its No. 1 chip pick, and is now turning to a different part of the sector for its latest top endorsement.
Stocks This Week: Buy Fastenal And Western Digital
Fastenal Company engages in the wholesale distribution of industrial and construction supplies. The shares rose on the last earnings announcement on January 17th.
Western Digital Stock Is Rising on 2 Upgrades. Why The Street Is More Bullish.
Disk-drive and flash-memory firm Western Digital is seeing shares rise on upgrades from Deutsche Bank and Barclays.
Western Digital to Announce Second Quarter Fiscal 2024 Financial Results on January 25, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2024 financial results after the market closes on Thursday, January 25, 2024. Th...
After Rising Over 30% In 2023 Is This Casino Stock A Better Pick Over Western Digital Stock?
Given its better prospects, we believe MGM Resorts stock (NYSE: MGM) is a better pick than Western Digital stock (NYSE: WDC) for the next three years. Although these companies are from different secto...