Western Digital(WDC)
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Western Digital (WDC) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-10 22:55
Western Digital (WDC) ended the recent trading session at $62.79, demonstrating a +0.29% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.45%. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%.The maker of hard drives for businesses and personal computers's shares have seen an increase of 3.71% over the last month, surpassing the Computer and Technology sector's loss of 0.98% and the S&P 500's gain of 2.54%.Market par ...
Western Digital Corporation (WDC) Goldman Sachs Communacopia + Technology Conference (Transcript)
2024-09-10 20:25
Western Digital Corporation (NASDAQ:WDC) Goldman Sachs Communacopia + Technology Conference September 10, 2024 10:30 AM ET Company Participants Amitesh Bajad - IR Robert Soderbery - EVP and General Manager, Flash Business Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari Okay, we'd like to get started. Good morning, everyone. Thank you for coming to day two of our conference, Communicopia and Tech Conference at Goldman. My name is Toshiya Hari, I cover the semiconductor space at the fir ...
Western Digital Corporation (WDC) Citigroup 2024 Global TMT Conference (Transcript)
Seeking Alpha· 2024-09-04 17:09
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 David Goeckeler - Chief Executive Officer Conference Call Participants Asiya Merchant - Citigroup Asiya Merchant Welcome to Citi’s 2024 Global TMT Conference. My name is Asiya Merchant. I cover the tech hardware, tech supply chain here at Citi Research. We’re very pleased to have David Goeckeler and Wissam Jabre ...
Western Digital Corporation (WDC) Citigroup 2024 Global TMT Conference (Transcript)
2024-09-04 17:09
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 David Goeckeler - Chief Executive Officer Conference Call Participants Asiya Merchant - Citigroup Asiya Merchant Welcome to Citi’s 2024 Global TMT Conference. My name is Asiya Merchant. I cover the tech hardware, tech supply chain here at Citi Research. We’re very pleased to have David Goeckeler and Wissam Jabre ...
Analysts Forecast Big Upside for Western Digital—Don't Miss Out
MarketBeat· 2024-09-03 16:02
Western Digital TodayWDCWestern Digital$62.88 -2.71 (-4.13%) 52-Week Range$35.62▼$81.55Price Target$84.18Add to WatchlistAs a leading provider of data storage solutions, Western Digital Co. NASDAQ: WDC stands at the forefront as a key benefactor of the artificial intelligence (AI) data cycle. AI requires processing power from GPUs, low latency networking from optical controllers, and massive storage capacity and performance for processing, analyzing, generating, and storing oceans of data. The latter is whe ...
Why Is Western Digital (WDC) Up 4.1% Since Last Earnings Report?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for Western Digital (WDC) . Shares have added about 4.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Western Digital due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Western Digital Q4 Earnings Beat Estimat ...
Western Digital's (WDC) Thailand Project Reportedly Gets Approval
ZACKS· 2024-08-26 15:25
Western Digital Corporation's (WDC) latest investment of 23.5 billion baht ($693 million) to expand its manufacturing capabilities in Thailand has been approved by the nation’s Board of Investment (“BOI”), according to a Reuters report. Per the report, BOI added that the investment is expected to contribute an additional 200 billion baht per year in exports. In addition to the economic benefits, the expansion is likely to generate 10,000 new job opportunities, adding to the robust 28,000 workforce that West ...
Western Digital: Positive Move To Spin-Off Flash Memory
Seeking Alpha· 2024-08-26 15:20
JHVEPhoto In this analysis, we covered Western Digital Corporation (NASDAQ:WDC) following the announcement of the pending spin-off of its Flash memory business in H2 2024. In this analysis, we analyzed its planned spin-off. We examined the rationale for the planned spin-off of its Flash memory business as well as the ownership structure of the new firm in relation to the reported merger talks between WDC and Kioxia. Moreover, we analyzed the HDD and Flash memory market growth outlook and the company's marke ...
Western Digital(WDC) - 2024 Q4 - Annual Report
2024-08-19 21:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 28, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8703 WESTERN DIGITAL CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 33-0956711 (State or other jurisdiction o ...
西部数据:FY24Q4业绩点评及法说会纪要:FY24Q4业绩增长稳健,传统需求不振FY25Q1指引稍显疲软
华创证券· 2024-08-04 10:01
证 券 研 究 报 告 西部数据(WDC)FY24Q4 业绩点评及法说会纪要 会议时间:2024 年 8 月 1 日 会议地点:线上 FY24Q4 业绩增长稳健,传统需求不振 FY25Q1 指引稍显疲软 事项: 2024 年 8 月 1 日西部数据发布 2024 财年第 4 季度报告,并召开业绩说明会。 公司财务季度 FY2024Q4 截至 2024 年 6 月 28 日,即自然季度 CQ2024Q2。 2024Q2,公司实现营收 37.64 亿美元,同比增长 41%,环比增长 9%;NonGAAP 毛利率为 36.3%,同比提升 32.4pct,环比提升 7pct。 评论: 1. 业绩总览:2024 年 Q2 公司实现营收 37.64 亿美元(QoQ+9%,YoY+41%), 高于指引中值;Non-GAAP 毛利率为 36.3%(QoQ+7pcts,YoY+32.4pcts),超 出指引上沿;Non-GAAP 归母净利润 5.04 亿美元,上季度归母净利润为 2.1 亿 美元,去年同期公司亏损 6.4 亿美元。Q2 季度和整个 2024 财政年度的业绩反 映了公司根据战略路线图所开发的多样化和创新性产品组合 ...