Western Digital Corporation (WDC)

NASDAQ: WDC · Real-Time Price · USD
68.71
-2.59 (-3.63%)
At close: Feb 21, 2025, 4:00 PM
68.66
-0.04 (-0.07%)
After-hours: Feb 21, 2025, 6:59 PM EST
-3.63%
Market Cap 23.90B
Revenue (ttm) 15.60B
Net Income (ttm) 1.21B
Shares Out 347.82M
EPS (ttm) 3.54
PE Ratio 19.39
Forward PE 11.75
Dividend n/a
Ex-Dividend Date n/a
Volume 9,048,260
Open 71.50
Previous Close 71.29
Day's Range 67.77 - 71.53
52-Week Range 52.77 - 81.55
Beta 1.43
Analysts Buy
Price Target 84.63 (+23.18%)
Earnings Date Jan 29, 2025

About WDC

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 desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, ... [Read more]

Sector Technology
Founded 1970
Employees 53,000
Stock Exchange NASDAQ
Ticker Symbol WDC
Full Company Profile

Financial Performance

In 2024, Western Digital's revenue was $13.00 billion, an increase of 5.56% compared to the previous year's $12.32 billion. Losses were -$852.00 million, -50.12% less than in 2023.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for WDC stock is "Buy." The 12-month stock price forecast is $84.63, which is an increase of 23.18% from the latest price.

Price Target
$84.63
(23.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Western Digital's Stock Is Outperforming The S&P 500 In 2025?

Western Digital's (NASDAQ: WDC) strong Q2 2025 results have propelled its stock upward, fueled by record-breaking nearline shipments and the widespread adoption of UltraSMR (shingled magnetic recordin...

3 days ago - Forbes

20 stocks of companies that have put up excellent numbers this earnings season, including a surprise

It's a good sign when a company can increase sales rapidly while also maintaining pricing power and improving efficiency.

8 days ago - Market Watch

Western Digital Unveiled Go-Forward Strategy at Investor Day 2025

NEW YORK--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) held the company's Investor Day today, announcing a vision and strategy for the future as the planned separation of the company's Flash busines...

9 days ago - Business Wire

Western Digital to Host Investor Day 2025 in New York City

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) today announced that it will hold an Investor Day ahead of the planned separation of its Flash business to share its vision...

22 days ago - Business Wire

Sandisk to Host Investor Day 2025

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation today announced the company will hold its inaugural Investor Day as it prepares to launch as a standalone Flash and memory technology innovator. ...

22 days ago - Business Wire

Western Digital: Bank On HDD Strength

Western Digital delivered strong Q2 results, growing revenue at 41% y/y driven by record-breaking HDD demand and gross margins. Demand from enterprise/cloud buyers rose 119% y/y, demonstrating the hea...

22 days ago - Seeking Alpha

Western Digital Corporation (WDC) Q2 2025 Earnings Call Transcript

Western Digital Corporation. (NASDAQ:WDC) Q2 2025 Earnings Conference Call January 29, 2025 4:30 PM ET Company Participants Peter Andrew - Vice President, Financial Planning and Analysis and Investor...

23 days ago - Seeking Alpha

Western Digital expects third-quarter revenue below estimates on weak demand

Data storage products maker Western Digital Corp forecast third-quarter revenue below Wall Street estimates on Wednesday, as it expects decreased demand from cloud and corporate customers.

23 days ago - Reuters

Western Digital Reports Fiscal Second Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2025 financial results. “As we finalize the separation of our businesses, we are confident t...

23 days ago - Business Wire

DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants

IT hardware stocks have dropped following the DeepSeek news.

Other symbols: AAPLGLWHPESTX
24 days ago - Benzinga

Western Digital Faces 'Challenging Pricing Environment,' But There's Long-Term Potential: Analysts

Wall Street analysts rerated Western Digital Corp WDC after the company offered several updates on Thursday, including its fourth-quarter results and the departure of its CFO.

5 weeks ago - Benzinga

Western Digital Stock Is Having a Tough Time. Just Look at Its Latest Guidance.

Western Digital quarterly earnings will be at the lower end of its prior guidance of between $1.75 and $2.05, the company said.

5 weeks ago - Barrons

Western Digital to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) plans to announce its second quarter fiscal year 2025 financial results after the market closes on Wednesday, January 29, 2025. T...

5 weeks ago - Business Wire

Western Digital Stock Falls on Downgrade. Like Micron, Demand Is a Worry.

The hard drive manufacturer faces slowing demand and softening prices, one analyst says,

2 months ago - Barrons

Western Digital Corporation (WDC) Barclays 22nd Annual Global Technology Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC) Barclays 22nd Annual Global Technology Conference December 12, 2024 12:15 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - EVP and CFO Conferen...

2 months ago - Seeking Alpha

Western Digital Corporation (WDC) Nasdaq London Investor Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC) Nasdaq London Investor Conference December 10, 2024 10:30 AM ET Company Participants Wissam Jabre - EVP and CFO Peter Andrew - VP, Financial Planning and Anal...

2 months ago - Seeking Alpha

With An Upcoming Spinoff, Western Digital Could Be Just Getting Started

Western Digital's spinoff of HDD and NAND/SSD operations could unlock significant value, positioning it as a key player in AI and data storage growth. The NAND business, acquired from SanDisk, offers ...

2 months ago - Seeking Alpha

Western Digital Corporation (WDC) Wells Fargo 8th Annual TMT Summit Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC) Wells Fargo 8th Annual TMT Summit Conference Call December 4, 2024 12:30 PM ET Company Participants Rob Soderbery - Executive Vice President, Flash Conference...

2 months ago - Seeking Alpha

Western Digital Corporation (WDC) UBS Global Technology and AI Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC) UBS Global Technology and AI Conference Call December 3, 2024 6:55 PM ET Company Participants David Goeckeler - Chief Executive Officer Wissam Jabre - Executi...

2 months ago - Seeking Alpha

Western Digital: Prime Value Pick Ahead Of Spin-off In This Expensive Market

Western Digital's stock has surged ~35% YTD, driven by strong Q1 earnings and plans to spin off its flash and HDD segments. The AI supercycle is boosting demand for memory chips, enhancing Western Dig...

3 months ago - Seeking Alpha

Western Digital to Participate in Upcoming Investor Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conferences: Event: UBS Global Technology and AI Conf...

3 months ago - Business Wire

Strategist talks AI stock opportunities beyond Nvidia

While Nvidia (NVDA) continues dominating the AI chip market, investors seek additional opportunities in the rapidly evolving sector. Nvidia shares continue to fluctuate since reporting third quarter e...

3 months ago - Yahoo Finance

Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association

WASHINGTON , Nov. 21, 2024 /PRNewswire/ -- The Semiconductor Industry Association (SIA) today announced Western Digital (NASDAQ: WDC) CEO David Goeckeler has been elected Chair of the SIA Board of Dir...

3 months ago - PRNewsWire

Western Digital Shares Jump Despite Revenue Miss, Ready To Spin Off NAND Business: Q4 Guidance 'Much Better Than Feared,' Analyst Says

Shares of Western Digital Corp WDC were spiking in early trading on Friday, after the company reported upbeat fiscal first-quarter earnings.

4 months ago - Benzinga

Western Digital Corporation (WDC) Q1 2025 Earnings Call Transcript

Western Digital Corporation (NASDAQ:WDC) Q1 2025 Earnings Conference Call October 24, 2024 4:30 PM ET Company Participants Peter Andrew - Vice President of Financial Planning and Analyst and Investor...

4 months ago - Seeking Alpha