Western Digital Reports Fiscal Third Quarter 2024 Financial Results

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Western Digital Corp. (WDC) PT Raised to $88 at Argus

April 29, 2024 7:30 AM EDT

Argus analyst Jim Kelleher raised the price target on Western Digital Corp. (NASDAQ: WDC) to $88.00 (from $68.00) while maintaining a Buy rating.

The analyst comments "WDC shares are trading at 11.4-times our EPS projection for FY25. (Our FY24 forecast calls for... More

Western Digital (WDC) posts FQ3 earnings, revenue beat; shares down

April 25, 2024 4:36 PM EDT

Western Digital (NASDAQ: WDC) reported better-than-expected earnings and revenue for the fiscal Q3 2024, though shares still slipped 2% in after-hours trading.

The digital storage solutions provider reported FQ3 earnings per share (EPS) of $0.63, exceeding the consensus projection of $0.21, as the estimate was $0.21. Revenue came in... More