Seagate slips as it says Q3 coming in 'as expected' [Seeking Alpha]
Western Digital Corporation (WDC)
Last western digital corporation earnings: 4/30 04:01 pm
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Source: Seeking Alpha
The company, which competes with Western Digital ( WDC ) in the storage space, said at Morgan Stanley's Technology, Media & Telecom Conference that it has confidence in the mid-point of previously provided guidance. Seagate also said that it is feeling confident that further improvements in the storage industry will come next quarter. Shares, which had been up as much as 2% earlier in the session, touched session lows shortly after the comments. In contrast, Western Digital shares r ose 3.3% in mid-day trading. Seagate previously forecast third-quarter revenue of $1.65B, plus or minus $150M, compared to the consensus of $1.64B. The Dublin, Ireland-based company said in January that it expects a gradual recovery in the U.S. cloud market and stabilizing demand from enterprise customers but noted persistent weakness in China and the video and imaging market. Recommended For You Recommended For You About STX Stock Related Stocks Trending Analysis Trending News
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WDC
News
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Evercore ISI from $80.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
- Western Digital Co. (NASDAQ: WDC) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $85.00 price target on the stock.MarketBeat
- Western Digital (WDC) Q3 Earnings & Revenues Beat Estimates [Yahoo! Finance]Yahoo! Finance
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Robert W. Baird from $65.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Morgan Stanley from $83.00 to $86.00. They now have an "overweight" rating on the stock.MarketBeat
WDC
Earnings
- 4/25/24 - Beat
WDC
Sec Filings
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- 4/8/24 - Form 144
- WDC's page on the SEC website