Western Digital Corporation (WDC)
|Net Income (ttm)||1.82B|
|Day's Range||49.14 - 50.03|
|52-Week Range||41.63 - 69.99|
|Price Target||69.22 (+38.7%)|
|Earnings Date||Aug 5, 2022|
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 computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices,... [Read more...]
Financial PerformanceFinancial Statements
According to 33 analysts, the average rating for WDC stock is "Buy." The 12-month stock price forecast is 69.22, which is an increase of 38.72% from the latest price.
Western Digital Corp., which is considering a breakup of its hard disk drive and flash businesses, is also wrestling with a tough macroeconomic environment.
Disappointing earnings and guidance plagued this memory and storage maker.
Western Digital (WDC) fiscal fourth-quarter top line was affected by weakness in Client and Consumer segments' performance. However, higher cloud revenues were a positive.
Western Digital (WDC) delivered earnings and revenue surprises of 0.56% and 1.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
The company is forecasting first-quarter adjusted earnings per share to range between 35 cents and 65 cents, well below consensus estimates for $1.88,
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2022 financial results. "I am proud of our team for driving strong fiscal year...
Western Digital's (WDC) Q4 performance is likely to gain from strong demand from cloud customers. However, uncertain macroeconomic conditions and supply chain woes are likely be headwinds.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (NASDAQ: WDC) applauds the passage of the Bipartisan Innovation Act (BIA). The BIA will help accelerate strategic investments in the next generation of...
Memory tech peers of Seagate's are tumbling after the company blames weak earnings and a sour outlook on a rough economic environment.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its fourth quarter and fiscal year 2022 financial results before the market opens on Friday, August 5, 2022. The ...
In the latest trading session, Western Digital (WDC) closed at $46.35, marking no change from the previous day.
These highly profitable stocks are valued at just three to six times Wall Street's forecast earnings for 2023.
Western Digital (NASDAQ: WDC) announced on June 7 that it is exploring strategic alternatives, including separating its flash and HDD.
The various alternatives include splitting up Western Digital's (WDC) Flash and HDD businesses.
An activist investor targeted the storage giant, making an offer that's hard to refuse.
Western Digital is considering dividing itself into a company for traditional hard drives and another for flash memory.
(Reuters) -Memory storage devices maker Western Digital Corp said on Tuesday it is reviewing strategic alternatives, including options for splitting off its flash-memory and HDD businesses.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation, (“Western Digital”) (Nasdaq: WDC) today announced that it is reviewing potential strategic alternatives aimed at further optimizing long-t...
Western Digital (NASDAQ: WDC) stock price rose 1.65x from $37 in 2018 end to around $60 currently, primarily due to favorable changes in its P/S multiple.
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WDC, $56.53, Market Cap: $17.7 billion), recommending the Board to conduct a full strategic review of a value that could be created by separating the hard disk drives (HDD) and NAND flash memory (Flash)...
Western Digital (WDC) announces that it has been "sampling" its latest 22TB and 26TB UltraSMR HDDs for select hyperscale cloud customers.