TD Cowen reiterated coverage on Western Digital with a new price target
$WDC
Electronic Components
Technology
TD Cowen reiterated coverage of Western Digital with a rating of Buy and set a new price target of $80.00 from $95.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2024 | Buy → Hold | The Benchmark Company | |
| 9/13/2024 | $95.00 → $80.00 | Buy | TD Cowen |
| 8/1/2024 | Buy → Hold | Summit Insights | |
| 5/14/2024 | $90.00 | Buy | Citigroup |
| 4/26/2024 | $85.00 | Hold → Buy | The Benchmark Company |
| 4/22/2024 | Outperform → Mkt Perform | Raymond James | |
| 4/5/2024 | $65.00 → $115.00 | Neutral → Buy | Rosenblatt |
| 3/27/2024 | $80.00 | Outperform | Evercore ISI |
4 - WESTERN DIGITAL CORP (0000106040) (Reporting)
3 - WESTERN DIGITAL CORP (0000106040) (Reporting)
4 - WESTERN DIGITAL CORP (0000106040) (Issuer)
NEW YORK, Feb. 19, 2025 /PRNewswire/ -- SanDisk Corp. (NASD: SNDK) will replace Leslie Inc. (NASD: LESL) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 25. S&P 500 constituent Western Digital Corp. (NASD: WDC) is spinning off SanDisk in a transaction expected to be completed on February 24. Western Digital will remain in the S&P 500 post spin-off. Leslie's market capitalization is no longer representative of the small cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Feb 25, 2025 S&P SmallCap 600 Additi
Momentum Continues Across Broad Scope of Transaction Activities Company Appoints Key Executive Leaders for Flash and HDD Companies 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 filings, and initial executive leadership appointments for both HDD and Flash companies p
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company's Board of Directors has appointed Scott Graziano as Global General Counsel; he will be based at the Company's Gardena, California, main campus near Los Angeles, effective immediately. In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company's executive leadership team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925744903/en/Faraday Future Appoints Scott Graziano, Senior Legal Executive wi
Companies Preview 10th Generation 3D Flash Memory Technology Setting A New Benchmark for Performance, Power Efficiency and Bit Density Kioxia Corporation and Sandisk Corporation have pioneered a state-of-the-art 3D flash memory technology, setting the industry benchmark with a 4.8Gb/s NAND interface speed, superior power efficiency, and heightened density. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250219200872/en/ Unveiled at ISSCC 2025, the new 3D flash memory innovation, together with the companies' revolutionary CBA (CMOS directly Bonded to Array) technology1, incorporates one of the latest interface standards, Toggle DD
NEW YORK, Feb. 19, 2025 /PRNewswire/ -- SanDisk Corp. (NASD: SNDK) will replace Leslie Inc. (NASD: LESL) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 25. S&P 500 constituent Western Digital Corp. (NASD: WDC) is spinning off SanDisk in a transaction expected to be completed on February 24. Western Digital will remain in the S&P 500 post spin-off. Leslie's market capitalization is no longer representative of the small cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Feb 25, 2025 S&P SmallCap 600 Additi
CEO Designate Irving Tan Shared the Company's Vision, Strategic Outlook and AI Market Growth Projection; Company Is Now Testing HAMR Technology with Hyperscale Customers Western Digital (NASDAQ:WDC) held the company's Investor Day today, announcing a vision and strategy for the future as the planned separation of the company's Flash business nears its expected completion on February 21, 2025. CEO Designate Irving Tan reinforced Western Digital's leadership in delivering world-class, sustainable storage solutions at scale. With a deep legacy in HDD technology and innovation, Western Digital remains the trusted partner for the world's largest hyperscalers, CSPs and OEMs, delivering cuttin
News Summary Second quarter revenue was $4.29 billion, up 5% sequentially (QoQ). Cloud revenue increased 6% (QoQ), Client revenue decreased 3% (QoQ) and Consumer revenue increased 14% (QoQ). Second quarter GAAP earnings per share (EPS) was $1.63 and Non-GAAP EPS was $1.77. Expect fiscal third quarter 2025 revenue to be in the range of $3.75 billion to $3.95 billion. Expect Non-GAAP EPS in the range of $0.90 to $1.20. Western Digital Corp. (NASDAQ:WDC) today reported fiscal second quarter 2025 financial results. "As we finalize the separation of our businesses, we are confident that both Western Digital and Sandisk will continue driving innovation and providing compelling st
Western Digital Corp. (NASDAQ:WDC) plans to announce its second quarter fiscal year 2025 financial results after the market closes on Wednesday, January 29, 2025. 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 potential of data by harnessing the possibility to use it. With Flash and HDD franchises, underpinned by advancements in memory technologies, we create breakthrough innovations and powerful data storage solutions that enable the w
News Summary First quarter revenue was $4.10 billion, up 9% sequentially (QoQ). Cloud revenue increased 17% (QoQ), Client and Consumer revenue remained flat (QoQ). First quarter GAAP earnings per share (EPS) was $1.35 and Non-GAAP EPS was $1.78. Expect fiscal second quarter 2025 revenue to be in the range of $4.20 billion to $4.40 billion. Expect Non-GAAP EPS in the range of $1.75 to $2.05. Western Digital Corp. (NASDAQ:WDC) today reported fiscal first quarter financial results. "Western Digital's performance in the fiscal first quarter demonstrates our commitment to operational excellence and disciplined capital investment as our focus on lasting quality and reliability, driven
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SC 13G - WESTERN DIGITAL CORP (0000106040) (Subject)
SC 13G - WESTERN DIGITAL CORP (0000106040) (Subject)
SCHEDULE 13G/A - WESTERN DIGITAL CORP (0000106040) (Subject)
8-K - WESTERN DIGITAL CORP (0000106040) (Filer)
8-K - WESTERN DIGITAL CORP (0000106040) (Filer)
The Benchmark Company downgraded Western Digital from Buy to Hold
TD Cowen reiterated coverage of Western Digital with a rating of Buy and set a new price target of $80.00 from $95.00 previously
Summit Insights downgraded Western Digital from Buy to Hold