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WDC Stock Chart & Stats
$372.52
-$0.42(-0.65%)
At close: 4:00 PM EST
$372.52
-$0.42(-0.65%)
Day’s Range― - ―
52-Week Range$66.04 - $799.87
Previous CloseN/A
Volume1.55M
Average Volume (3M)9.01M
Market Cap
$194.17B
Enterprise Value$112.64K
Total Cash (Recent Filing)$3.24B
Total Debt (Recent Filing)$1.72B
Price to Earnings (P/E)27.5
Beta2.36
Next Earnings
Aug 05, 2026EPS Estimate
3.3Next Dividend Ex-DateN/A
Dividend Yield0.18%
Share Statistics
EPS (TTM)18.69
Shares Outstanding344,682,130
10 Day Avg. Volume6,103,083
30 Day Avg. Volume9,013,944
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$648.44Price Target Upside74.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)18.5
Revenue Forecast (FY)$18.28B
Bulls Say, Bears Say
Bulls Say
Improved Cash Generation & Debt ReductionSustained free cash flow (~$2.9B TTM) and materially reduced debt provide durable financial flexibility. This strengthens the company’s ability to fund R&D, HAMR/EPMR qualification, capital expenditure for density gains, dividends/repurchases, and absorb downcycle shocks without relying on external financing.
High Margins And Margin MomentumElevated gross margins above 50% and improving cost per exabyte reflect structural improvements from product mix, areal-density gains and pricing discipline. Margin expansion supports durable profitability, funds ongoing R&D, and increases per-exabyte economics even if unit demand fluctuates over the next 2–6 months.
Cloud Leadership And Scale In Exabyte ShipmentsLeading exabyte scale and deep relationships with hyperscalers create long-term volume advantage, engineering feedback loops, and bargaining power for LTAs. Scale enables favorable cost curves and accelerates adoption of UltraSMR/EPMR, supporting durable competitive positioning in cloud capacity markets.
Bears Say
Extreme Customer/revenue ConcentrationHeavy reliance on a few hyperscalers amplifies exposure to large, lumpy capex cycles and contract renegotiations. Even with LTAs, outsized customer concentration raises structural demand volatility risk that can materially swing revenue, margins and utilization when cloud spending shifts.
HAMR Qualification And Ramp Execution RiskNext‑gen HAMR is central to long‑term areal‑density roadmap; delays or yield issues would postpone cost reductions and capacity scaling. Execution risk on HAMR affects multi‑year unit economics and competitiveness versus peers, making future margin sustainability contingent on successful ramp.
Industry Cyclicality And Historical VolatilityStorage demand cycles have produced sizable earnings and cashflow swings historically. Despite the current rebound, structural cyclicality means upside can reverse quickly if hyperscaler demand softens, pressuring margins, inventories and free cash flow over the medium term.
Western Digital News
WDC FAQ
What was Western Digital Corp.’s price range in the past 12 months?
Western Digital Corp. lowest stock price was $66.04 and its highest was $799.87 in the past 12 months.
What is Western Digital Corp.’s market cap?
Western Digital Corp.’s market cap is $194.17B.
When is Western Digital Corp.’s upcoming earnings report date?
Western Digital Corp.’s upcoming earnings report date is Aug 05, 2026 which is in 19 days.
How were Western Digital Corp.’s earnings last quarter?
Western Digital Corp. released its earnings results on Apr 30, 2026. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.395 by $0.325.
Is Western Digital Corp. overvalued?
According to Wall Street analysts Western Digital Corp.’s price is currently Undervalued.
Does Western Digital Corp. pay dividends?
Western Digital Corp. pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.18%. See more information on Western Digital Corp. dividends here
What is Western Digital Corp.’s EPS estimate?
Western Digital Corp.’s EPS estimate is 3.3.
How many shares outstanding does Western Digital Corp. have?
Western Digital Corp. has 344,682,130 shares outstanding.
What happened to Western Digital Corp.’s price movement after its last earnings report?
Western Digital Corp. reported an EPS of $2.72 in its last earnings report, beating expectations of $2.395. Following the earnings report the stock price went down -0.69%.
Which hedge fund is a major shareholder of Western Digital Corp.?
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:
$648.44 (74.07% Upside)
$648.44 (74.07% Upside)
Blogger Sentiment
Bullish
WDC Sentiment 70%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 11.0%
Last 30 Days ▲ 11.0%
News Sentiment
Bullish
Bullish news 62%
Bearish news 38%
Bearish news 38%
Technicals
SMA
Positive
20 days / 200 days
Momentum
603.55%
12-Months-Change
Fundamentals
Return on Equity
91.94%
Trailing 12-Months
Asset Growth
-8.08%
Trailing 12-Months
Company Description
Western Digital Corp.
Western Digital Corporation designs, manufactures, and markets a broad range of data storage devices and software solutions across the United States, China, Hong Kong, Europe, the Middle East, Africa, and the rest of Asia, serving an international market. The company's product lineup includes client devices such as hard disk drives (HDDs) and solid-state drives (SSDs) for computing platforms like desktops, notebooks, smart video systems, gaming consoles, and set-top boxes. They also provide flash-based embedded storage solutions for mobile phones, tablets, laptops, and various portable and wearable technologies, extending into automotive, Internet of Things (IoT), industrial, and connected home applications. Additionally, Western Digital produces flash-based memory wafers. For data centers, their offerings comprise enterprise helium hard drives and sophisticated flash-based SSDs, often bundled with software tailored for enterprise servers, online transaction processing, data analysis, and other business applications. This segment also includes comprehensive data storage systems, tiered storage models, and various data storage platforms. Consumer-oriented client solutions consist of external HDDs in both mobile and desktop configurations, portable SSDs, and removable memory cards compatible with mobile phones, tablets, imaging systems, cameras, and smart video systems. Furthermore, they offer universal serial bus (USB) flash drives for computing and general consumer markets, alongside wireless drive products designed for on-the-go content backup and high-definition streaming of media and documents to tablets, smartphones, and PCs. Western Digital sells its diverse portfolio through original equipment manufacturers (OEMs), distributors, dealers, resellers, and retailers, utilizing its prominent G-Technology, SanDisk, and WD brands. Founded in 1970, the corporation is headquartered in San Jose, California.
WDC Revenue Breakdown
87.62% Cloud
5.84% Client
6.54% Consumer
WDC Stock 12 Month Forecast
Average Price Target
$648.44
▲(74.07% Upside)
Technical Analysis
Ownership Overview
0.42% Insiders
33.61% Mutual Funds
0.29% Other Institutional Investors
34.88% Public Companies and Individual Investors