0.00166805671392826 0 0.00435969368413063 -0.00420805216468274 0.00134581848510107 -0.0123777390249452 -0.0151641519448025 -0.0301956175600881
Sign Up Today X
Thanks for submitting the form.
Stockreport

Wall Street Thinks Western Digital Stock Price Will Soar Higher This Year [Yahoo! Finance]

Western Digital Corporation (WDC)  More Company Research Source: Yahoo! Finance
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
The call directly challenges the algorithmic selling that has hammered storage stocks over the past week, and it arrives as WDC trades near $251.67, well below Bernstein's new target and the consensus analyst target of $321. Ticker Firm Old Rating New Rating Old Target New Target WDC Bernstein Market Perform Outperform The Analyst's Case The selloff trigger was Google's TurboQuant report, an AI memory compression algorithm that sparked fears of demand destruction across memory and storage hardware. Bernstein's counter is direct: TurboQuant should have "zero impact" on hard disk drive demand and "negligible impact" on NAND demand. The firm argues the selloff creates an attractive entry point and points to Western Digital's innovation day as evidence of a solid product roadmap. Efficiency gains from compression algorithms have historically expanded consumption rather than reduced it, a dynamic Bernstein appears to be pricing into its thesis. Why the Move Matter [Read more]
IMPACT SNAPSHOT EVENT TIME: WDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
WDC alerts
from News Quantified
WDC
NEWS
WDC
Earnings
WDC
Analyst Actions
WDC
SEC Filings
Stockreport

Wall Street Thinks Western Digital Stock Price Will Soar Higher This Year [Yahoo! Finance]

Western Digital Corporation  (WDC) 
More Company Research Source: Yahoo! Finance
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
The call directly challenges the algorithmic selling that has hammered storage stocks over the past week, and it arrives as WDC trades near $251.67, well below Bernstein's new target and the consensus analyst target of $321. Ticker Firm Old Rating New Rating Old Target New Target WDC Bernstein Market Perform Outperform The Analyst's Case The selloff trigger was Google's TurboQuant report, an AI memory compression algorithm that sparked fears of demand destruction across memory and storage hardware. Bernstein's counter is direct: TurboQuant should have "zero impact" on hard disk drive demand and "negligible impact" on NAND demand. The firm argues the selloff creates an attractive entry point and points to Western Digital's innovation day as evidence of a solid product roadmap. Efficiency gains from compression algorithms have historically expanded consumption rather than reduced it, a dynamic Bernstein appears to be pricing into its thesis. Why the Move Matter [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS