Western Digital Corporation (WDC)
| Market Cap | 164.70B +332.8% |
| Revenue (ttm) | 12.92B +35.7% |
| Net Income | 9.29B +398.9% |
| EPS | 24.28 +372.4% |
| Shares Out | 360.54M |
| PE Ratio | 18.82 |
| Forward PE | 22.74 |
| Dividend | $0.60 (0.13%) |
| Ex-Dividend Date | Sep 8, 2026 |
| Volume | 5,941,926 |
| Open | 455.24 |
| Previous Close | 450.31 |
| Day's Range | 447.69 - 461.98 |
| 52-Week Range | 105.42 - 799.87 |
| Beta | 2.18 |
| Analysts | Buy |
| Price Target | 664.92 (+45.56%) |
| Est. Earnings | Oct 29, 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 $664.92, which is an increase of 45.56% from the latest price.
News
Friday's Final Takeaways: A Market Split Between AI Doubts and Crypto Euphoria
Marley Kayden reviews the market's performance, noting a surge in semiconductor and memory stocks like Applied Materials (AMAT), Lam Research (LRCX), and Western Digital (WDC) despite a tech sell-off ...
KG: Dip Buyers Move Into AI Stocks, Crude Oil Spikes Near $105
Some investors are buying the dip in the latest tech selloff. Kevin Green discusses how commentary from Anthropic's Dario Amoedi and OpenAI CEO Sam Altman ignited fears of AI development and ways he s...
Western Digital Announces Redemption of 3.00% Convertible Senior Notes Due 2028
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) (“Western Digital”) announced today that it will redeem all of the $109,505,000 aggregate principal amount outstanding of i...
Western Digital Transcript: Citi’s 2026 Global TMT Conference
Secular demand for cloud and AI storage is driving exabyte growth above 25% CAGR, with long-term customer agreements and product innovation in high-capacity and high-performance HDDs. Margins are expanding, cost reductions continue, and strong free cash flow supports shareholder returns.
The Big 3: GEV, BLK, WDC
Jessica Inskip (@jessicainskip) turns to three stocks she sees becoming more tied to the AI trade. She notes GE Vernova (GEV) seeing the benefits of an expanding data center buildout, BlackRock (BLK) ...
Two AI Memory Stocks with Huge Potential
Markets haven't moved much in August as volatility has hit, especially with AI. But the memory and storage trade isn't slowing.
Why are memory stocks MU, SNDK, and WDC falling despite Nvidia's results
Memory stocks fell on Thursday despite Nvidia's strong earnings and outlook supporting the broader technology sector. Micron Technology MU declined 2%, while SanDisk fell 1.7% and Western Digital drop...
WD to Participate in Upcoming Investor Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) today announced management participation in the following upcoming investor conference: Event: Citi's 2026 Global TMT Confe...
The chip-stock rally hits a speed bump — but these analysts see reason to be hopeful
Previous instances of short-term pressure on semiconductor stocks opened up opportunities for investors who bought the dip, according to one analyst.
Jim Cramer says it's not too late to invest in SNDK, MU, STX, WDC
For decades, memory chips have been Wall Street's quintessential boom-and-bust trade. Producers chase demand spikes with reflexive expansion, then supply floods the market, and prices collapse.
Some of the data center stocks are buying huge amounts of stock in the open markets, says Jim Cramer
'Mad Money' host Jim Cramer talks the moves in memory stocks.
Jim Cramer says it's not too late to own any one of these 4 soaring memory stocks
CNBC's Jim Cramer said the AI boom has transformed the historically cyclical memory industry, as soaring demand and greater supply discipline support stronger profits. Despite massive rallies in Sandi...
Micron, Sandisk and other chip stocks climb as investors are more confident about AI spending
AI companies are seeing improved financial performance, according to reports, and memory-chip companies may be able to better fend off Chinese competition with the help of U.S. officials.
AI Storage Demand Still Growing, Says WD CEO
Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to expla...
Western Digital and Sandisk Both Topped Wall Street's Estimates. The Stocks Are Tumbling Anyway
Two of the year's hottest stocks are taking a hit today.
Easing Tensions in Iran, WDC & SNDK Pull Back
Tom White kicks off the trading coverage with a look at the drawdown in crude oil prices this week. He and Jenny Horne discuss ongoing negotiations with Iran to re-open the Strait of Hormuz, which Tom...
Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings
Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street's...
Here's why Western Digital stock plunged 11% despite strong earnings
Western Digital stock (NASDAQ: WDC) fell as much as 10.8% in after-hours trading on Wednesday, after losing 5.4%, despite the company beating Wall Street estimates. Adjusted earnings rose to $3.56 a s...
Western Digital forecasts upbeat revenue but shares fall on lofty expectations
Western Digital forecast quarterly revenue slightly above Wall Street estimates on Wednesday, betting on strong AI-driven demand for its hard disk drives.
Western Digital Earnings Call Transcript: Q4 2026
Fiscal 2026 saw 36% revenue growth, margin expansion, and doubled EPS, driven by strong AI and cloud storage demand. Q4 revenue rose 44% year-over-year, with robust free cash flow and continued capital returns. Guidance for Q1 2027 projects 45% revenue growth and further margin gains.
Western Digital Earnings release: Q4 2026
Western Digital released its Q4 2026 earnings on August 5, 2026, summarizing the period's financial results.
Western Digital Slides: Q4 2026
Western Digital has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on August 5, 2026.
Western Digital Annual report: Q4 2026
Western Digital has published its Q4 2026 annual report on August 5, 2026.