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Western Digital Faces 'Challenging Pricing Environment,' But There's Long-Term Potential: Analysts

1. Western Digital's CFO is retiring on February 28, 2025. 2. Revenue forecast for Q2 2025 is expected at $4.20 billion to $4.40 billion. 3. Analysts suggest pricing challenges in NAND due to elevated inventory levels. 4. Cantor Fitzgerald maintains Overweight rating with a $95 price target. 5. NAND pricing trends may improve in the second half of 2025.

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FAQ

Why Neutral?

Analyst opinions vary but highlight challenges and future recovery potential, similar to previous quarters.

How important is it?

Updates on management and earnings guidance directly impact investor sentiment and future pricing.

Why Long Term?

Future demand trends in NAND suggest gradual recovery; past cycles indicate resilience, possibly aiding long-term outlook.

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