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WDC Stock Chart & Stats
$519.80
-$38.50(-6.90%)
At close: 4:00 PM EDT
$519.80
-$38.50(-6.90%)
Day’s Range― - ―
52-Week Range$73.14 - $799.87
Previous CloseN/A
Volume4.78M
Average Volume (3M)9.17M
Market Cap
$187.80B
Enterprise Value$112.64K
Total Cash (Recent Filing)$1.58B
Total Debt (Recent Filing)$1.05B
Price to Earnings (P/E)29.2
Beta2.36
Next Earnings
Oct 22, 2026EPS Estimate
4.03Next Dividend Ex-DateN/A
Dividend Yield0.09%
Share Statistics
EPS (TTM)27.16
Shares Outstanding344,682,130
10 Day Avg. Volume6,896,360
30 Day Avg. Volume9,173,647
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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
$679.22Price Target Upside30.67% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
EPS Forecast (FY)18.7
Revenue Forecast (FY)$18.37B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained high free cash flow and strong cash conversion in 2026 give Western Digital durable financial flexibility: supports R&D and HAMR qualification, funds debt reduction and buybacks, and provides a cushion through downcycles, improving long-term capital allocation ability.
Improved Balance SheetMaterial leverage reduction and a sizable equity base provide balance-sheet resilience, lowering refinancing risk and enabling strategic investment in manufacturing and technology ramps while preserving optionality for LTAs, M&A or shareholder returns over the medium term.
Clear Technology RoadmapAreal-density roadmap (EPMR/UltraSMR/HAMR) and multi-customer qualifications create sustainable competitive advantage: higher exabyte/unit, lower $/EB trends, and deeper integration with hyperscalers support long-term demand capture and margin preservation as data growth accelerates.
Bears Say
Customer ConcentrationVery high hyperscaler concentration increases revenue sensitivity to a few customers' procurement cycles, pricing demands, or design decisions. That magnifies downside in downturns and limits diversification benefits, making through-cycle durability contingent on a small set of buyers.
HAMR Ramp UncertaintyNext‑gen HAMR execution risk is structural: delayed yields or reliability issues would postpone cost-per-exabyte gains, raise R&D and manufacturing spend, and impair competitive positioning versus peers, potentially compressing margins and slowing long-term capacity growth.
Cyclical Earnings VolatilityWide swings from losses to profits across recent years reduce predictability of revenue, margins and cash flow. Structural cyclicality in storage markets can rapidly reverse operating leverage, complicating investment planning, LTAs' effectiveness and long-term margin sustainability.
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 $73.14 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 $187.80B.
When is Western Digital Corp.’s upcoming earnings report date?
Western Digital Corp.’s upcoming earnings report date is Oct 22, 2026 which is in 77 days.
How were Western Digital Corp.’s earnings last quarter?
Western Digital Corp. released its earnings results on Aug 05, 2026. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.25.
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 0.09%. See more information on Western Digital Corp. dividends here
What is Western Digital Corp.’s EPS estimate?
Western Digital Corp.’s EPS estimate is 4.03.
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 $3.56 in its last earnings report, beating expectations of $3.31. Following the earnings report the stock price went same N/A.
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:
$679.22 (30.67% Upside)
$679.22 (30.67% Upside)
Blogger Sentiment
Bullish
WDC Sentiment 66%
Sector Average ―
Sector Average ―
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
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 91%
Bearish news 9%
Bearish news 9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
625.48%
12-Months-Change
Fundamentals
Return on Equity
0.09%
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 Company Deck
WDC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: high revenue growth (+45% YoY), doubled EPS (~97% YoY), robust margin expansion (gross margin 50.5%, +1,040 bps YoY), large exabyte shipment growth (+34% YoY), strong free cash flow ($978M, 29% margin), and a clear product roadmap with improving customer qualifications and UltraSMR adoption. Key risks noted include concentration in cloud revenue (89%), ongoing HAMR qualification and ramp timing, some remaining convertible debt and SanDisk shares to monetize, and near-term R&D-driven opex increases. Overall, the positives materially outweigh the challenges.View all WDC earnings summariesWDC Revenue Breakdown
87.62% Cloud
5.84% Client
6.54% Consumer
WDC Stock 12 Month Forecast
Average Price Target
$679.22
▲(30.67% Upside)
Technical Analysis
Ownership Overview
0.41% Insiders
33.61% Mutual Funds
2.14% Other Institutional Investors
29.52% Public Companies and Individual Investors