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Western Digital (WDC) closed the most recent trading day at $71.06, moving +0.89% from the previous trading session.
Recently, Zacks.com users have been paying close attention to Western Digital (WDC). This makes it worthwhile to examine what the stock has in store.
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 investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital is on a mission to unlock the po.
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Evercore ISI analyst Amit Daryanani has initiated coverage of Western Digital with an Outperform rating.
Western Digital Corporation reported better than expected EPS and saw an increase in EPS expectations from 21 analysts. The company plans to separate its HDD and Flash business units, which may enhance its stock price and financial flexibility. Despite risks related to debt, tariffs, and taxes, Western Digital remains a buy due to expected FCF growth.
Upbeat quarterly results and a strong revenue outlook pushed semiconductor name Micron Technology (MU) to record highs earlier earlier today, and is providing a halo lift to its peers.
Surging demand for artificial intelligence led to a surprise quarterly profit for Micron. It's helping other chip stocks, too.
Invest in stocks such as Protagonist Therapeutics (PTGX), Evolus (EOLS), Western Digital (WDC), and Phunware (PHUN) as of now for superb earnings acceleration.
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 - will head the NAND flash memory spinoff company, while Irving Tan, currently executive vice president of global operations, will assume the leadership role for the standalone hard disk company.