Western Digital (WDC)
April 13, 2023
We are increasing our F2023E (Jun) EPS losses for Western Digital (WDC; $37.66; E/W) from ($2.40) to ($3.00) ahead of the company’s FQ3 (Mar) results and outlook, which we assume are on deck for some…
February 1, 2023
We make further cuts to F2023/F2024E (Jun) EPS for Western Digital (WDC; $43.95; E/W), from ($1.20)/$0.20 to ($2.40)/($0.40), after FQ2 (Dec) EPS, came in more or less in line with our recently reduced estimates but…
January 5, 2023
Last night, the shares of Western Digital (WDC; $33.05; E/W) jumped 8% after the market closed on reports that the company has re-engaged in merger talks with its NAND manufacturing joint venture partner, Kioxia Holdings,…
October 28, 2022
We are again reducing forecasts for Western Digital (WDC; $34.34; E/W) after FQ1 (Sept) EPS missed expectations, albeit mainly for higher taxes. However, WDC also suggested it likely swings to an EPS loss in FQ2E…
October 21, 2022
We cut our F2023E (Jun) EPS for Western Digital (WDC; $33.47; E/W) from $1.55 to $0.55 ahead of the company’s FQ1 (Sept) results and outlook, scheduled for Thursday (10/27 before market). Our model now assumes…