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Western Digital (WDC)
NASDAQ:WDC
WDC Stock Chart & Stats
$250.61
-$0.42(-0.65%)
At close: 4:00 PM EST
$250.61
-$0.42(-0.65%)
Day’s Range― - ―
52-Week Range$28.83 - $309.90
Previous CloseN/A
Volume1.55M
Average Volume (3M)10.49M
Market Cap
$84.97B
Enterprise Value$91.17B
Total Cash (Recent Filing)$1.98B
Total Debt (Recent Filing)$4.66B
Price to Earnings (P/E)25.2
Beta2.23
Next Earnings
Apr 23, 2026EPS Estimate
2.34Next Dividend Ex-DateN/A
Dividend Yield0.18%
Share Statistics
EPS (TTM)2.13
Shares Outstanding339,037,930
10 Day Avg. Volume9,485,491
30 Day Avg. Volume10,494,305
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)4.14
Price to Sales (P/S)2.31
P/FCF Ratio17.10
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue8.49
Enterprise Value/Gross Profit19.88
Enterprise Value/Ebitda21.10
Forecast
1Y Price Target
$311.53Price Target Upside24.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)8.84
Revenue Forecast (FY)$12.51B
Bulls Say, Bears Say
Bulls Say
Balance Sheet And Capital AllocationPlanned monetization of remaining SanDisk shares to reduce debt and execute share repurchases could materially improve the balance sheet and support shareholder returns.
Commercial Agreements With HyperscalersLong-term commercial agreements with major cloud customers secure volume and price terms, improving demand visibility and reducing execution risk for planned capacity ramps.
Product Roadmap And HAMR TechnologyManagement's product roadmap emphasizes HAMR and higher-data-per-platter designs that could enable much larger single-drive capacities, supporting cloud customers' growing bulk storage needs.
Bears Say
Industry Supply Growth And Pricing PressureRapid gains in areal density across the industry could accelerate supply growth, narrowing the supply-demand gap and putting downward pressure on pricing and margins.
Limited Further Cost-reduction UpsideAn already lower dollar cost per unit relative to a main competitor suggests limited room for additional cost reductions, constraining upside to margins from further efficiency gains.
Research Conflict Of InterestNoted potential conflicts of interest in research coverage could undermine confidence in analyst reports and weaken investor conviction.
Western Digital News
WDC FAQ
What was Western Digital’s price range in the past 12 months?
Western Digital lowest stock price was $28.83 and its highest was $309.90 in the past 12 months.
What is Western Digital’s market cap?
Western Digital’s market cap is $84.97B.
When is Western Digital’s upcoming earnings report date?
Western Digital’s upcoming earnings report date is Apr 23, 2026 which is in 49 days.
How were Western Digital’s earnings last quarter?
Western Digital released its earnings results on Jan 29, 2026. The company reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.2.
Is Western Digital overvalued?
According to Wall Street analysts Western Digital’s price is currently Undervalued.
Does Western Digital pay dividends?
Western Digital pays a Quarterly dividend of $0.125 which represents an annual dividend yield of 0.18%. See more information on Western Digital dividends here
What is Western Digital’s EPS estimate?
Western Digital’s EPS estimate is 2.34.
How many shares outstanding does Western Digital have?
Western Digital has 339,037,930 shares outstanding.
What happened to Western Digital’s price movement after its last earnings report?
Western Digital reported an EPS of $2.13 in its last earnings report, beating expectations of $1.93. Following the earnings report the stock price went down -10.122%.
Which hedge fund is a major shareholder of Western Digital?
Currently, no hedge funds are holding shares in WDC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Digital Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$311.53 (24.31% Upside)
$311.53 (24.31% Upside)
Blogger Sentiment
Bullish
WDC Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 13.5%
Last 30 Days ▲ 13.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
435.14%
12-Months-Change
Fundamentals
Return on Equity
41.27%
Trailing 12-Months
Asset Growth
-38.67%
Trailing 12-Months
Company Description
Western Digital
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
WDC Company Deck
WDC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and financial quarter with robust revenue and EPS outperformance, substantial exabyte growth, expanding gross margins, significant free cash flow and strengthened customer contracts. Key growth drivers include rapid ePMR/UltraSMR adoption, HAMR qualification progress and high cloud demand. Principal risks noted were the still-to-ramp HAMR program (timing/execution risk), concentrated cloud exposure (89% of revenue), a small decline in consumer revenue, and remaining SanDisk shares and debt that management plans to monetize or reduce. On balance, positive metrics, margin expansion and strong cash generation materially outweigh the disclosed risks.View all WDC earnings summariesWDC Revenue Breakdown
87.62% Cloud
5.84% Client
6.54% Consumer
WDC Stock 12 Month Forecast
Average Price Target
$311.53
▲(24.31% Upside)
Technical Analysis
Ownership Overview
0.61% Insiders
27.97% Mutual Funds
6.43% Other Institutional Investors
34.06% Public Companies and Individual Investors