Western Digital falls on weak guidance; Analysts cautious

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Go back to Western Digital falls on weak guidance; Analysts cautious

Western Digital Corp. (WDC) PT Raised to $40 at Deutsche Bank

August 1, 2023 4:21 AM EDT

Deutsche Bank analyst Sidney Ho raised the price target on Western Digital Corp. (NASDAQ: WDC) to $40.00 (from $36.00) while maintaining a Hold rating.... More

Western Digital (WDC) Tops Q4 EPS by 4c, Guidance Misses Consensus

July 31, 2023 4:07 PM EDT

Western Digital (NASDAQ: WDC) reported Q4 EPS of ($1.98), $0.04 better than the analyst estimate of ($2.02). Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.53 billion.

GUIDANCE:

Western Digital sees Q1 2024 EPS of ($2.10)-($1.80), versus the consensus of ($1.40).... More