Western Digital Corporation (WDC)
| Market Cap | 142.57B +217.5% |
| Revenue (ttm) | 14.48B +43.0% |
| Net Income | 9.91B +288.7% |
| EPS | 25.77 +273.3% |
| Shares Out | 374.32M |
| PE Ratio | 14.78 |
| Forward PE | 13.19 |
| Dividend | $0.70 (0.18%) |
| Ex-Dividend Date | Dec 4, 2026 |
| Volume | 9,004,624 |
| Open | 359.95 |
| Previous Close | 356.13 |
| Day's Range | 358.24 - 388.08 |
| 52-Week Range | 121.85 - 799.87 |
| Beta | 2.17 |
| Analysts | Buy |
| Price Target | 613.38 (+61.04%) |
| Earnings Date | Oct 22, 2026 |
About WDC
Western Digital Corporation engages in the development, manufacture, and sale of 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 sales personnel, dealers, distributors, retailers, and subsidiaries. The company has a collaboration with... [Read more]
Financial Performance
In fiscal year 2026, Western Digital's revenue was $12.92 billion, an increase of 35.70% compared to the previous year's $9.52 billion. Earnings were $9.29 billion, an increase of 403.58%.
Financial StatementsAnalyst Summary
According to 26 analysts, the average rating for WDC stock is "Buy." The 12-month stock price target is $613.38, which is an increase of 61.04% from the latest price.
News
Western Digital (WDC) Raises Dividend 16.7% Following Strong Earnings
The company is getting a big boost from AI.
Western Digital price target lowered to $500 from $600 at Argus
Argus lowered the firm’s price target on Western Digital (WDC) to $500 from $600 but keeps a Buy rating on the shares. White-hot demand for memory and data storage in…
Lasting AI Memory & Neocloud Headwinds Despite Strong WDC Earnings
Revenue surging more than 50% isn't enough for Western Digital (WDC) investors, who sold off the stock after earnings Thursday. Matthew Bryson of Wedbush says AI debt concerns continue to outweigh ear...
WDC Rebound Case in Enterprise Growth, Sets Stage for STX Earnings Ahead
Western Digital (WDC) offers a "great window into the AI buildout," says Don Gentile. who believes the company's 50% revenue boost offers a strong bull case for the AI trade.
Western Digital CEO: AI demand for storage remains durable and continues to grow
Irving Tan, Western Digital CEO, joins 'The Exchange' to discuss earnings, stock price, AI demand, and more.
WDC Earnings Add AI Memory Demand Muscle, HDDs Becoming More Important
Tom Coughlin discusses the greater hard disk drive industry as companies like Micron (MU), Western Digital (WDC), SanDisk (SNDK) and other AI memory chips command price action. He predicts 80% of data...
Memory, Storage Stocks Rebound After Western Digital Earnings Land
Memory and data storage stocks are shaking off some of their blues.
Memory stocks on the move: What you need to know
CNBC's Seema Mody reports on memory stocks.
Western Digital stock rises as strong earnings offset capex and supply concerns
Western Digital WDC reported strong fiscal first-quarter results and issued an upbeat outlook as demand for hard disk drives (HDDs) continued to benefit from artificial intelligence infrastructure spe...
Western Digital price target lowered to $430 from $540 at TD Cowen
TD Cowen lowered the firm’s price target on Western Digital (WDC) to $430 from $540 and keeps a Buy rating on the shares. The firm updated its model following Q1…
Western Digital price target lowered to $650 from $800 at Rosenblatt
Rosenblatt lowered the firm’s price target on Western Digital (WDC) to $650 from $800 and keeps a Buy rating on the shares. Despite guiding December quarter EPS 20% above consensus…
Western Digital price target lowered to $625 from $900 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Western Digital (WDC) to $625 from $900 and keeps an Overweight rating on the shares. Western Digital delivered a strong beat-and-raise, with…
Western Digital price target lowered to $405 from $460 at Susquehanna
Susquehanna lowered the firm’s price target on Western Digital (WDC) to $405 from $460 and keeps a Neutral rating on the shares. The firm updated its model after results were…
Western Digital price target raised to $650 from $600 at JPMorgan
JPMorgan raised the firm’s price target on Western Digital (WDC) to $650 from $600 and keeps an Overweight rating on the shares following the fiscal Q1 report. The firm says…
Western Digital price target lowered to $490 from $590 at Mizuho
Mizuho analyst Vijay Rakesh lowered the firm’s price target on Western Digital (WDC) to $490 from $590 and keeps an Outperform rating on the shares. The firm views the company’s…
Western Digital vs. Bloom Energy: One AI Stock Is a Strong Buy, the Other Doesn’t Make the Cut, According to Wall Street
Investors are having second thoughts about two of the market’s biggest AI infrastructure winners, Western Digital (NASDAQ:WDC) and Bloom Energy (NYSE:BE). Both stocks are extending Thursday’s losses i...
Western Digital price target raised to $900 from $630 at Baird
Baird analyst Tristan Gerra raised the firm’s price target on Western Digital (WDC) to $900 from $630 and keeps an Outperform rating on the shares.
Western Digital price target lowered to $540 from $615 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on Western Digital (WDC) to $540 from $615 and keeps a Neutral rating on the shares. Despite a strong quarter and guidance well…
Western Digital price target raised to $668 from $643 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Western Digital (WDC) to $668 from $643 and keeps an Overweight rating on the shares. Western posted a strong, pricing-driven beat in…
Western Digital Stock: Top TD Cowen Analyst Cuts Price Target to $430 but Stays Bullish
TD Cowen analyst Krish Sankar kept a Buy rating on Western Digital ($WDC) but cut his price target to a Street-low $430 from $540 despite the company’s strong Q1 FY27…
Western Digital price target lowered to $435 from $470 at UBS
UBS lowered the firm’s price target on Western Digital (WDC) to $435 from $470 and keeps a Neutral rating on the shares. Western Digital delivered another strong quarter and outlook…
Western Digital price target lowered to $660 from $740 at Citi
Citi analyst Asiya Merchant lowered the firm’s price target on Western Digital (WDC) to $660 from $740 and keeps a Buy rating on the shares. The company reported a strong…
Western Digital Earnings Call Transcript: Q1 2027
Q1 revenue rose 55% YoY with 58.1% gross margin, 49.1% operating margin and $1.4B free cash flow. Strong pricing and higher-capacity transitions support Q2 revenue guidance of $5.1B and accelerating exabyte shipments.
Western Digital Earnings release: Q1 2027
Western Digital released its Q1 2027 earnings on October 22, 2026, summarizing the period's financial results.