Western Digital Corporation (WDC)
Market Cap | 20.87B |
Revenue (ttm) | 13.00B |
Net Income (ttm) | -852.00M |
Shares Out | 343.45M |
EPS (ttm) | -2.61 |
PE Ratio | n/a |
Forward PE | 7.73 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,937,951 |
Open | 62.15 |
Previous Close | 62.61 |
Day's Range | 60.00 - 62.52 |
52-Week Range | 35.62 - 81.55 |
Beta | 1.38 |
Analysts | Buy |
Price Target | 85.60 (+40.86%) |
Earnings Date | Oct 28, 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
In 2024, WDC's revenue was $13.00 billion, an increase of 5.56% compared to the previous year's $12.32 billion. Losses were -$852.00 million, -50.12% less than in 2023.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for WDC stock is "Buy." The 12-month stock price forecast is $85.6, which is an increase of 40.86% from the latest price.
News
Nvidia, Western Digital And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed lower during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
Western Digital Corporation (WDC) Citigroup 2024 Global TMT Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) Citigroup 2024 Global TMT Conference Call September 4, 2024 7:30 AM ET Company Participants Wissam Jabre - Executive Vice President & Chief Financial Officer ...
Western Digital stock price forecast: Is it a buy after the recent dip?
On Tuesday analysts at Citi updated their outlook on Western Digital, highlighting the positive shift in the solid-state drive (SSD) market. As per Citi's revised forecast, SSD revenue is expected to ...
Western Digital: Positive Move To Spin-Off Flash Memory
Western Digital plans to spin off its Flash memory business in H2 2024, potentially merging it with Kioxia. The company's HDD segment has a stronger market position and higher profitability than its F...
Thailand approves Western Digital's $693 mln investment project
Thailand has approved Western Digital's investment project worth 23.5 billion baht ($693 million) to expand its hard disk drive production base in the country, Thailand's Board of Investment (BOI) sai...
Western Digital to Participate in Upcoming Investor Conferences
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conferences: Event: Citi's 2024 Global TMT Conference...
Western Digital: A Great Dip To Buy (Rating Upgrade)
Western Digital has fallen sharply after posting strong Q4 results, largely sympathizing with Intel's declines. Western Digital itself, however, is experiencing a surge in memory orders and healthy pr...
Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.
Western Digital Corporation (WDC) Q4 2024 Earnings Call Transcript
Western Digital Corporation (WDC) Q4 2024 Earnings Call Transcript
Western Digital sees first-quarter revenue below estimates on weak demand for data storage products
Western Digital Corp forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling a slower-than-expected recovery in the company's data storage products.
Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2024 financial results. “Our fourth quarter and fiscal year 2024 results are...
Western Digital: A Buy-The-Dip Opportunity Ahead Of Q4 Earnings
We preview Western Digital's upcoming Q4 earnings report set for July 31. The company is delivering profitable growth ahead of its planned flash business spin-off later this year. The recent selloff m...
Western Digital to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on July 31, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its fourth quarter and fiscal year 2024 financial results after the market closes on Wednesday, July 31, 2024. ...
Western Digital: Value To Be Unlocked With Flash Spinoff
Western Digital stock has surged over 50% year to date, driven by hopeful investors anticipating increased valuation after the company spins off its flash unit later this year. The timing is opportuni...
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
Nine hot stocks, including Nvidia, that have become more attractive by this critical metric
Exactly a month ago, we pointed out that although Nvidia Corp.'s stock had risen 553% from three years earlier, its forward price-to-earnings valuation had declined. With so much in flux, as analysts ...
After 50% Gains This Year Will AI Demand Continue To Drive Western Digital Stock Higher?
Western Digital (NASDAQ: WDC) has seen its stock price surge over 55% this year, while its peer Seagate (NASDAQ: STX) saw over 25% gains. The rise in WDC stock lately can be attributed to higher deman...
Western Digital Introduces New AI Data Cycle Storage Framework to Help Customers Capture the Value of AI
SAN JOSE, Calif.--(BUSINESS WIRE)--Fueling the next wave of AI innovation, Western Digital (NASDAQ: WDC) today introduced a six-stage AI Data Cycle framework that defines the optimal storage mix for A...
Western Digital Corporation (WDC) Bank of America 2024 Global Technology Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) Bank of America 2024 Global Technology Conference June 4, 2024 1:40 PM ET Company Participants Jasmine Nouri - IR Manager Wissam Jabre - EVP and CFO Conferenc...
Western Digital to Present “New Era of NAND”
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced that on Monday, June 10, 2024, at 1:00 p.m. Pacific / 4:00 p.m. Eastern, Robert Soderbery, Executive Vice Preside...
Western Digital Corporation (WDC) TD Cowen 52nd Annual Technology, Media & Telecom Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) TD Cowen 52nd Annual Technology, Media & Telecom Conference May 30, 2024 9:05 AM ET Company Participants Peter Andrew - VP, Financial Planning and Analyst and...
Western Digital Corporation (WDC) Goldman Sachs Global Semiconductor Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) Goldman Sachs Global Semiconductor Conference May 29, 2024 3:20 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - CFO Conference Call Participan...
Western Digital Corporation (WDC) JPMorgan's 52nd Annual Technology, Media & Communications Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) JPMorgan's 52nd Annual Technology, Media & Communications Conference May 20, 2024 8:00 AM ET Company Participants Wissam Jabre - CFO Peter Andrew - IR Confere...
Western Digital Corporation (WDC) Q3 2024 Earnings Call Transcript
Start Time: 16:30 January 1, 0000 5:04 PM ET Western Digital Corporation (NASDAQ:WDC) Q3 2024 Earnings Conference Call April 25, 2024, 16:30 PM ET Company Participants David Goeckeler - CEO Wissam Ja...