SAN JOSE, Calif., — April 25, 2024 — Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2024 financial results. Western Digital Reports Fiscal Third Quarter 2024 Financial Results "As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western D ...

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 amidst a pivotal moment in its trajectory.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Western Digital’s positioning within the semiconductor industry, positions it as a key player in the storage market’s resurgence. As the memory and storage sector navigat ...

Western Digital (WDC) is scheduled to report fiscal third-quarter 2024 results on Apr 25.For the to-be-reported quarter, management projects non-GAAP earnings per share in the range of a loss of 10 cents to earnings of 20 cents. The Zacks Consensus Estimate is pegged at an earnings of 21 cents. WDC reported a loss per share of $1.37 in the prior-year quarter.Western Digital expects non-GAAP revenues in the range of $3.2-$3.4 billion. The consensus estimate is currently pegged at $3.33 billion, indicating an ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Western Digital (WDC) .Western Digital currently has an average brokerage ...

The most recent trading session ended with Western Digital (WDC) standing at $71.06, reflecting a +0.89% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.03% gain on the day. On the other hand, the Dow registered a gain of 0.41%, and the technology-centric Nasdaq increased by 0.12%.Heading into today, shares of the maker of hard drives for businesses and personal computers had gained 18.75% over the past month, outpacing the Computer and Technology sector's loss of 0.55% ...

inbj/iStock via Getty Images Western Digital Corporation (NASDAQ:WDC) recently delivered better than expected EPS, and 21 different analysts increased their EPS expectations. I believe that the recent separation of two business units reported by WDC, which may take place in 2024 may explain the recent optimism. In any case, given recent restructuring efforts, without the split, future FCF growth would justify a higher stock valuation. I do believe that risks related to the debt, tariffs, and taxes are w ...

SUQIAN, CHINA - OCTOBER 28, 2023 - Photo illustration Western Digital, Suqian, Jiangsu Province, ... [+] China, October 28, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesWestern 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 - will head the NAND flash memory spinoff company, while Irving Tan, currently exe ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Western Digital Corporation (NASDAQ:WDC) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 2:00 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - CFO Conference Call Participants Joe Moore - Morgan Stanley Joe Moore Welcome back, everybody. I'm Joe Moore from Morgan Stanley Semiconductor Research. Very happy to have with us today the management team of Western Digital, David Goeckeler and with Wissam Jabre. I think Wissam, you wanted to read the safe harbor, and then we'll go ...

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, publicly traded companies. On track for the second half of calendar year 2024, significant progress towards the completion of the separation is underway with key transactional projects including global legal entity establishment, customer and supplier contract transfers, final stage preparation for government f ...