Western Digital Corporation

WDC

US9581021055

Computer Hardware

Real-time Estimate Cboe BZX Other stock markets 12:16:52 2024-04-29 pm EDT			5-day change	1st Jan Change
69.62 ^USD	-2.44%		+3.67%	+32.73%

02:08pm	Argus Adjusts Western Digital's Price Target to $88 From $68	MT
12:23pm	North American Morning Briefing : Investors Brace -2-	DJ

Kioxia has reached out to JIC to invest in merger with Western Digital - Bloomberg News

October 20, 2023 at 02:59 am EDT

TOKYO (Reuters) - Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital, Bloomberg News reported on Friday, citing people familiar with the matter.

Japan's top banks are set to commit to 1.9 trillion yen ($12.67 billion) in financing to support the merger, Reuters reported on Thursday.

($1 = 149.9400 yen)

(Reporting by Rocky Swift; Editing by Christopher Cushing)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	TOPIX INDEX	2,686 PTS	+0.86%	+2.29%	-
	WESTERN DIGITAL CORPORATION	69.62 USD	-2.44%	+3.67%	23.3B

Latest news about Western Digital Corporation

Argus Adjusts Western Digital's Price Target to $88 From $68	08:08am	MT
North American Morning Briefing : Investors Brace -2-	06:23am	DJ
Western Digital's Guidance Is 'Very Conservative' Amid Favorable NAND, HDD Trends, Wedbush Says	Apr. 26	MT
Evercore ISI Adjusts Price Target on Western Digital to $85 From $80	Apr. 26	MT
Baird Adjusts Price Target on Western Digital to $100 From $65	Apr. 26	MT
Rosenblatt Adjusts Price Target on Western Digital to $65 From $115	Apr. 26	MT
Goldman Sachs Adjusts Price Target on Western Digital to $79 From $76	Apr. 26	MT
BNP Paribas Exane Adjusts Price Target on Western Digital to $95 From $87	Apr. 26	MT
Rosenblatt Adjusts Price Target on Western Digital to $115 From $65	Apr. 26	MT
Well, it isn't as bad as feared...	Apr. 26
Loop Capital Adjusts Price Target on Western Digital to $90 From $73	Apr. 26	MT
Benchmark Upgrades Western Digital to Buy From Hold, Price Target is $85	Apr. 26	MT
Morgan Stanley Adjusts Price Target on Western Digital to $86 From $83	Apr. 26	MT
ANALYST RECOMMENDATIONS : Caterpillar, Dow, Spotify, Alphabet, Snap...	Apr. 26
Goldman Sachs Adjusts Price Target on Western Digital to $79 From $76, Keeps Neutral Rating	Apr. 26	MT
Western Digital tops profit expectations on demand from cloud-computing customers	Apr. 25	RE
Western Digital Fiscal Q3 Swings to Profit, Revenue Rises, Sets Fiscal Q4 Outlook	Apr. 25	MT
Transcript : Western Digital Corporation, Q3 2024 Earnings Call, Apr 25, 2024	Apr. 25
(WDC) WESTERN DIGITAL Expects Q4 EPS Range $0.90 - $1.20	Apr. 25	MT
Earnings Flash (WDC) WESTERN DIGITAL Reports Q3 Revenue $3.46B, vs. Street Est of $3.35B	Apr. 25	MT
Earnings Flash (WDC) WESTERN DIGITAL Posts Q3 EPS $0.63, vs. Street Est of $0.15	Apr. 25	MT
Western Digital Corporation Provides Earnings Guidance for the Fourth Quarter Ending June 28, 2024	Apr. 25	CI
Western Digital Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended March 29, 2024	Apr. 25	CI
BC&TV Information Network to Raise Subsidiary's Capital by 2 Billion Yuan	Apr. 25	MT
Seagate forecasts higher Q4 profit on boost from cloud customers	Apr. 23	RE

Chart Western Digital Corporation

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Company Profile

Western Digital Corporation specializes in designing, manufacturing, and marketing hard drives. Under the Western Digital and WD names, the group offers internal and external hard drives for PCs, laptops, servers, work stations, storage networks, and consumer electronics. Products are sold primarily through system builders, resellers, and retailers. Net sales break down geographically as follows: the United States (28%), America (4.5%), China (24.3%), Asia (25.7%), Europe/Middle East/Africa (17.5%).

Sector

Computer Hardware

Calendar

2024-05-10 - Extraordinary Shareholders Meeting

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S&P 500

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Ratings for Western Digital Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

71.36 USD

Average target price

82.7 USD

Spread / Average Target

+15.88%

Consensus

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Storage Devices

Western Digital Corporation

Equities

WDC

US9581021055

Computer Hardware

Kioxia has reached out to JIC to invest in merger with Western Digital - Bloomberg News

Stocks mentioned in the article

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