Western Digital Corporation (WDC)
| Market Cap | 192.18B +952.3% |
| Revenue (ttm) | 11.78B +32.0% |
| Net Income | 6.38B +295.6% |
| EPS | 18.35 +302.7% |
| Shares Out | 344.68M |
| PE Ratio | 28.99 |
| Forward PE | 33.77 |
| Dividend | $0.60 (0.11%) |
| Ex-Dividend Date | Jun 5, 2026 |
| Volume | 2,188,591 |
| Open | 541.99 |
| Previous Close | 529.29 |
| Day's Range | 531.96 - 572.29 |
| 52-Week Range | 54.60 - 602.54 |
| Beta | 2.20 |
| Analysts | Buy |
| Price Target | 537.09 (-3.67%) |
| Earnings Date | Jul 29, 2026 |
About WDC
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. The company has a collaboration with Open Quantum Desi... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 25 analysts, the average rating for WDC stock is "Buy." The 12-month stock price target is $537.09, which is a decrease of -3.67% from the latest price.
News
Western Digital price target raised to $650 from $530 at JPMorgan
JPMorgan analyst Samik Chatterjee raised the firm’s price target on Western Digital (WDC) to $650 from $530 and keeps an Overweight rating on the shares. The firm is raising its…
Western Digital price target raised to $610 from $572 at BofA
BofA analyst Wamsi Mohan raised the firm’s price target on Western Digital (WDC) to $610 from $572 and keeps a Buy rating on the shares. AI infrastructure demand remains broader,…
Western Digital price target raised to $685 from $550 at Mizuho
Mizuho raised the firm’s price target on Western Digital (WDC) to $685 from $550 and keeps an Outperform rating on the shares. The firm upped the company’s estimates following its…
Western Digital Transcript: 2026 Evercore Global TMT Conference
Exabyte storage demand is forecast to grow over 25% annually, fueled by AI and cloud trends. Higher-capacity drives and value-based pricing are boosting margins, while long-term agreements and strong free cash flow support aggressive capital returns and a robust financial outlook.
Western Digital Transcript: Bank of America 2026 Global Technology Conference
Exabyte growth is projected above 25% CAGR for the next 3–5 years, fueled by cloud and AI, with long-term customer agreements and a robust technology roadmap supporting strong pricing and gross margins. Free Cash Flow is high, with most returned to shareholders through dividends and buybacks.
Western Digital price target raised to $685 from $500 at Citi
Citi analyst Asiya Merchant raised the firm’s price target on Western Digital (WDC) to $685 from $500 and keeps a Buy rating on the shares. The firm increased estimates in…
Western Digital announces presence at Computex 2026
Western Digital (WDC) announced its presence at Computex 2026 to help the industry understand that AI infrastructure is fundamentally a data system, not just a compute system. Every AI workload…
WD at Computex 2026: AI Doesn't Just Run on Compute - It Runs on Data
SAN JOSE, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced its presence at Computex 2026 to he...
Western Digital price target raised to $575 from $500 at Wells Fargo
Wells Fargo analyst Aaron Rakers raised the firm’s price target on Western Digital (WDC) to $575 from $500 and keeps an Overweight rating on the shares. The firm notes last…
Investors chasing Micron may be missing this storage stock's record run
Western Digital stock (NASDAQ: WDC) has quietly became one of Wall Street's strongest AI-storage trades this year. While Micron remains the obvious name for investors chasing the memory boom, Western ...
Western Digital appoints Das to its board of directors
Western Digital (WDC) Corporation announced the appointment of Manuvir Das to its board of directors, effective May 26, 2026. Das currently serves as an Operating Partner in the Digital Infrastructure...
WD Appoints Manuvir Das to Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced the appointment of Manuvir Das to its board of direc...
The Memory Shortage Is Minting Trillion-Dollar Companies—And a White-Hot ETF
SpaceX hasn't hit markets yet, but some investors are already getting a view of Wall Street from the stratosphere.
MU, ON and WDC Forecasts – AI-Related Continues to Attract Traders
Major semiconductor and AI stocks looking to jump on Wednesday, as we see a lot of interest in the AI-related names in the NASDAQ.
Western Digital price target raised to $620 from $450 at Barclays
Barclays analyst Tom O’Malley raised the firm’s price target on Western Digital (WDC) to $620 from $450 and keeps an Overweight rating on the shares. The firm sees memory and…
Western Digital price target raised to $575 from $500 at Evercore ISI
Evercore ISI analyst Amit Daryanani raised the firm’s price target on Western Digital (WDC) to $575 from $500 and keeps an Outperform rating on the shares after hosting investor meetings.
WD Customer Survey Highlights Growing Focus on Scale, Economics, and Reliability in AI Infrastructure Planning
SAN JOSE, Calif.--(BUSINESS WIRE)--As AI has evolved into continuous, production-scale data systems, the challenge of managing the explosive growth of data storage requirements is now at the same leve...
MU, WDC, STX: Why Are Memory Chip Stocks Rising Today, 5/20/26?
Memory chip stocks including Micron Technology ($MU), Western Digital ($WDC), and Seagate Technology ($STX) moved higher in early trading on Wednesday as investors reacted to growing concerns around g...
Western Digital Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
Exabyte storage demand is projected to grow over 25% CAGR, driven by cloud, AI, and enterprise data retention. Strategic customer partnerships and LTAs provide visibility, while technology transitions to higher-capacity drives and innovations like UltraSMR and High Bandwidth Drives support growth and pricing power.
WD Advances Next-Generation Trusted Infrastructure with Industry's First Post-Quantum Cryptography Hard Drives to Help Secure the Future of AI Data
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced a significant step in next-generation infrastructure...
WD Named to 2026 S&P Dow Jones Best‑in‑Class Index North America, Recognizing Leadership in Sustainable AI Infrastructure
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) today announced it has been included in the 2026 S&P Dow Jones Best‑in‑Class Index (DJ BIC) North America for the first tim...
Western Digital rallies 7% amid AI surge in Micron and Sandisk
Western Digital WDC shares surged 7% on Monday as investors increased bets on companies positioned to benefit from the accelerating AI-driven memory and storage boom. The rally in Western Digital come...
