Revenue segments as reported by the company.

Flash

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

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Eagle Materials

Volvo AB

This week's busy earnings lineup features several top-rated Zacks stocks that may be flying under investors' radars leading up to their quarterly results on Thursday, January 25.

Don't Ignore These Top-Rated Stocks as Earnings Approach

Western Digital's (WDC) fiscal second-quarter performance is likely to have been cushioned by higher nearline HDD shipments amid weak macroeconomic conditions.

Western Digital (WDC) to Post Q2 Earnings: Key Factors to Note

Shares of computer drive manufacturer Western Digital (NASDAQ: WDC ) jumped higher on Monday following a strong endorsement by Morgan Stanley analysts. Specifically, they view WDC stock as their “Top Pick,” which, in their view, offers an alternative to Nvidia (NASDAQ: NVDA ).

WDC Stock Alert: Western Digital Ousts Nvidia as Morgan Stanley's ‘Top Pick'

Morgan Stanley no longer considers Nvidia Corp. its No. 1 chip pick, and is now turning to a different part of the sector for its latest top endorsement.

Nvidia is no longer Morgan Stanley's top chip pick. A much different name is.

Does Western Digital (WDC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Western Digital (WDC) is a Great Choice

Applied Materials

Advanced Micro Devices

AutoZone

Fastenal

O'Reilly Automotive

The S&P 500 hit an all-time high on Friday. Since October 2022, the S&P 500 has been in a bull market phase.

6 Stocks That Pushed the S&P 500 ETF to an All-Time High Last Week

Fastenal Company engages in the wholesale distribution of industrial and construction supplies. The shares rose on the last earnings announcement on January 17th.

Stocks This Week: Buy Fastenal And Western Digital

Western Digital (WDC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Western Digital (WDC) Expected to Beat Earnings Estimates: Should You Buy?

Disk-drive and flash-memory firm Western Digital is seeing shares rise on upgrades from Deutsche Bank and Barclays.

Western Digital Stock Is Rising on 2 Upgrades. Why The Street Is More Bullish.

Computer hardware stock Western Digital Corp (NASDAQ:WDC) is 3.8% higher before the bell after two big upgrades this morning.

Tech Stock Staging Turnaround After Upgrades

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2024 financial results after the market closes on Thursday, January 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital is on a mission to unlock the.

Western Digital to Announce Second Quarter Fiscal 2024 Financial Results on January 25, 2024

Given its better prospects, we believe MGM Resorts stock (NYSE: MGM) is a better pick than Western Digital stock (NYSE: WDC) for the next three years. Although these companies are from different sectors, we compare them because they have a similar market capitalization of around $16 billion and a similar revenue base of about $12-13 billion.

After Rising Over 30% In 2023 Is This Casino Stock A Better Pick Over Western Digital Stock?

Hasbro

L3Harris

Match Group

Realty Income Corp

Paramount Global

Sysco

When it comes to the best S&P 500 stocks, the largest components of this market-cap weighed stock index may come to mind. For example, “Magnificent Seven” tech stocks, like Apple (NASDAQ: AAPL ), Alphabet (NASDAQ: GOOG ), and Tesla (NASDAQ: TSLA ).

The 7 Best S&P 500 Stocks to Buy in December

American Tower

Amazon

CRISPR Therapeutics

CrowdStrike

Alphabet

Lovesac Company

Okta

PayPal

Vertex Pharmaceuticals

There has been no shortage of next-big-thing trends for investors to latch onto over the past three decades. Some of this year's hottest trends, including artificial intelligence (AI) and electric vehicles (EVs), could falter in 2024.

5 Unstoppable Trends to Invest $1,000 in for 2024

Western Digital Corporation (NASDAQ:WDC ) Barclays Global Technology Conference December 6, 2023 11:05 AM ET Company Participants Wissam Jabre - CFO David Goeckeler - CEO Conference Call Participants Thomas O'Malley - Barclays Bank Thomas O'Malley Perfect. Good morning, everyone.

Western Digital Corporation (WDC) Barclays Global Technology Conference (Transcript)

Western Digital Corporation (WDC) UBS Global Technology Conference (Transcript)

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

Why Is Western Digital (WDC) Up 16.8% Since Last Earnings Report?

Western Digital Corporation (NASDAQ:WDC ) Wells Fargo 7th Annual TMT Summit November 28, 2023 4:30 PM ET Company Participants Wissam Jabre - EVP and Chief Financial Officer Conference Call Participants Aaron Rakers - Wells Fargo Aaron Rakers So why don't we go ahead and get started. So I'm Aaron Rakers.

Western Digital Corporation (WDC) Wells Fargo 7th Annual TMT Summit (Transcript)

NetApp

Pure Storage

Teradata

Amid macroeconomic headwinds and spending cutbacks, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, WDC, PSTG and TDC.

4 Storage Devices Stocks to Watch for in a Troubled Industry

Kinder Morgan

Walgreens

Recent information reported by Bloomberg about 2024 refinancing issues suggests many large debt-heavy stocks to avoid in the coming year. THis leads to us coming up with our list of stocks vulnerable to refinancing.

High Debt, High Risk: 3 Stocks Vulnerable to Refinancing Woes

SAN JOSE, Calif.--(BUSINESS WIRE)--As new applications, use cases and connected devices multiply, Western Digital's (NASDAQ: WDC) enterprise-class hard disk drives (HDDs) remain critical for helping data center customers design more cost-efficient, scalable and sustainable infrastructure. When combined with the emergence of generative AI and the multitude of innovative applications it is enabling, the demand for high-capacity, low-power and reliable storage is poised to surge. Western Digital l.

Western Digital Begins Volume Shipments of 24TB CMR HDDs; Industry Adoption of SMR Strengthens as 28TB SMR HDD Ramps

Deal Overview On October 30, 2023, Western Digital Corporation (NASDAQ: WDC, $43.26, Market Cap: $14.

Western Digital To Spin-Off Flash Memory Business To Shareholders

Seagate Technology Holdings PLC

Data is generated every second around the clock. Oceans and oceans of data are all around us.

Should you buy Western Digital and sell Seagate stock?

We remain buy-rated on Western Digital stock. 1Q24 results and outlook for next quarter confirm our belief that storage end demand and pricing will improve sequentially in FY24. We expect top-line growth to reaccelerate next year as flash pricing recovers and cloud HDD storage spend recover.

Western Digital: Storage End Demand And Pricing Turn Positive

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) (“Western Digital”) today announced that it has priced its offering of $1.4 billion aggregate principal amount of convertible senior notes due 2028 (the “notes”), reflecting an increase of $100 million over the previously announced offering size. Western Digital granted the initial purchasers an option to purchase, during the 13-day period beginning on, and including, the first date on which the notes are issued, up to.

News for Western Digital Stock (WDC)