Western Digital Corporation (WDC)

NASDAQ: WDC · Real-Time Price · USD
35.93
+0.11 (0.31%)
At close: Apr 15, 2025, 4:00 PM
35.58
-0.35 (-0.97%)
After-hours: Apr 15, 2025, 6:48 PM EDT
0.31%
Market Cap 12.50B
Revenue (ttm) 15.60B
Net Income (ttm) 1.21B
Shares Out 347.82M
EPS (ttm) 3.54
PE Ratio 10.14
Forward PE 7.54
Dividend n/a
Ex-Dividend Date Feb 24, 2025
Volume 6,023,998
Open 35.81
Previous Close 35.82
Day's Range 35.53 - 36.33
52-Week Range 28.83 - 61.64
Beta 1.44
Analysts Buy
Price Target 76.37 (+112.55%)
Earnings Date Apr 28, 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 $76.37, which is an increase of 112.55% from the latest price.

Price Target
$76.37
(112.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Western Digital Stock Is Attractive, Backed By Cheap Valuation And AI Surge: Analyst

Benchmark analyst Mark Miller upgraded Western Digital Corp WDC from Hold to Buy with a $55 price target Thursday.

5 days ago - Benzinga

21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector

Investors have had quite a wake-up call to daily volatility in the stock market. As we saw on Monday, the broad indexes can shift to large gains and then back into deep red territory as rumors circula...

7 days ago - Market Watch

Western Digital: Invest For The AI Aftershock

Western Digital Corporation is a top recommendation due to its technological advantages, market penetration, and valuation, especially post-SanDisk spinoff. Innovations in shingled magnetic recording ...

7 days ago - Seeking Alpha

These 20 worst-performing stocks in the S&P 500 sank 17% or more in March

Stocks turned higher on Monday afternoon to finish March on a positive note. Still, the S&P 500 ended with a 5.8% decline for March, with 69% of component stocks down for the month.

15 days ago - Market Watch

Sandisk Soars While Western Digital Stutters Post Spinoff

Sandisk's split from Western Digital has led to divergent stock trajectories, with SNDK soaring and WDC tanking, validating Elliott Management's push for separation. Sandisk's innovative High Bandwidt...

Other symbols: SNDK
27 days ago - Seeking Alpha

Western Digital Names Storage Infrastructure Executive Ahmed Shihab as Chief Product Officer

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) announced today that it has hired Ahmed Shihab as Chief Product Officer. Shihab, a seasoned expert in cloud storage needs and requireme...

4 weeks ago - Business Wire

Western Digital Announces Senior Notes Redemption

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) announced today that it will redeem $1,800,000,000 aggregate principal amount of its 4.750% Senior Notes due 2026 (the “Not...

4 weeks ago - Business Wire

ETHISPHERE Names Western Digital as One of the 2025 World's Most Ethical Companies® for the Seventh Time

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standard...

5 weeks ago - Business Wire

Sandisk Celebrates Nasdaq Listing After Completing Separation from Western Digital

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation, a global Flash and advanced memory technology innovator, today announced that the company has completed its separation from Western Digital and ...

7 weeks ago - Business Wire

Western Digital Completes Planned Company Separation

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) announced today the successful completion of the planned separation of the company's Flash business. Earlier this month, Western Digita...

7 weeks ago - Business Wire

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...

2 months 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.

2 months 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...

2 months 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...

2 months 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. ...

2 months 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...

2 months 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...

2 months 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.

2 months 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...

2 months 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
2 months 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.

3 months 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.

3 months 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...

3 months 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,

4 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...

4 months ago - Seeking Alpha