Western Digital Corporation (WDC)
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]
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 StatementsAnalyst 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.
News
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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...
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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...
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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...
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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. ...
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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...
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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...
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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.
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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...
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DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants
IT hardware stocks have dropped following the DeepSeek news.
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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.
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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.
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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...
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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,
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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...
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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...
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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.
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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...