Western Digital Corporation (WDC)
| Market Cap | 18.08B |
| Revenue (ttm) | 15.61B |
| Net Income (ttm) | 1.60B |
| Shares Out | 348.88M |
| EPS (ttm) | 4.55 |
| PE Ratio | 11.39 |
| Forward PE | 9.44 |
| Dividend | $0.10 (0.19%) |
| Ex-Dividend Date | Jun 4, 2025 |
| Volume | 6,373,907 |
| Open | 51.07 |
| Previous Close | 50.18 |
| Day's Range | 50.62 - 51.99 |
| 52-Week Range | 28.83 - 61.64 |
| Beta | 1.48 |
| Analysts | Buy |
| Price Target | 68.15 (+31.51%) |
| Earnings Date | Apr 30, 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 $68.15, which is an increase of 31.51% from the latest price.
News
Western Digital: Complete Turnaround In Operations
Western Digital Corporation is undergoing a turnaround, with improved profitability and stability after spinning off its volatile SSD business into SanDisk. The company's focus on HDDs, robust cloud a...
Western Digital Advances Ecosystem Collaboration, Innovation for AI Acceleration, Disaggregated Storage and SDS at Computex 2025
SAN JOSE, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--Computex 2025 – Western Digital (Nasdaq: WDC) is redefining what's possible in storage infrastructure for AI/ML, disaggregated storage and software-...
What's Fueling Western Digital's 40% Rally?
Western Digital (NASDAQ: WDC) stock increased by over 5% in Tuesday's trading and is up by nearly 40% over the past month. What factors are propelling the stock upwards?
Western Digital and Ingrasys Establish Long-term Collaboration to Deliver High-Performance, Fabric-Attached Disaggregated Storage for AI Workflows
SAN JOSE, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--(Computex 2025) – Western Digital (Nasdaq: WDC) and Ingrasys, a subsidiary of Foxconn Technology Group, the world's largest electronics manufacturer...
Western Digital Corporation (WDC) JPMorgan 53rd Annual Technology Media & Communications Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC) JPMorgan 53rd Annual Technology Media & Communications Conference May 13, 2025 3:10 PM ET Company Participants Kris Sennesael - Chief Financial Officer Irving...
Western Digital Authorizes New $2.0 Billion Share Repurchase Program
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced that its Board of Directors has authorized a new $2.0 billion share repurchase program. The repurchase authorizat...
Cerabyte Secures Strategic Investment from Western Digital
SANTA CLARA, Calif., & MUNICH--(BUSINESS WIRE)--Cerabyte, the pioneer of ceramic-based data storage solutions, today announced a strategic investment from Western Digital Corp. (NASDAQ: WDC), a leadin...
Western Digital Names Finance Executive Kris Sennesael as Chief Financial Officer
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) announced today that it has hired Kris Sennesael as Chief Financial Officer (CFO) effective May 12, 2025. With more than 25 years of ex...
Western Digital to Participate in Upcoming Investor Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced management participation in the following upcoming investor conference: Event: JP Morgan Global Technology, Media...
Western Digital: Momentum Is Climbing Back
Western Digital rallied after showcasing strong fiscal Q3 results, showcasing over 30% y/y revenue growth amid robust enterprise AI demand. The spin-off of its flash unit to SanDisk allows Western Dig...
Western Digital's Guidance Reflects 'Sustained Cloud Strength And Expanding Profitability,' Says Bullish Analyst
Western Digital Corp WDC reported on Wednesday upbeat fiscal third-quarter earnings.
Western Digital Analysts Increase Their Forecasts After Upbeat Earnings
Western Digital Corp WDC reported better-than-expected third-quarter financial results Wednesday.
WDC "Old Tech" Evolving with A.I., NVDA & AMD Still Important Holdings
Western Digital (WDC) is "in a good spot right now," according to Matthew Bryson. He cites its hard drive business and limited tariff exposure as signs that the "old tech" company has room to run with...
Western Digital Corporation (WDC) Q3 2025 Earnings Conference Call Transcript
Western Digital Corporation (NASDAQ:WDC) Q3 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Ambrish Srivastava - VP and IR Irving Tan - CEO Don Bennett - Interim CFO Conf...
Western Digital forecasts upbeat quarterly results on cloud computing demand
Western Digital Corp forecast fourth-quarter results above Wall Street estimates on Wednesday, betting on stable demand for its storage devices from cloud providers, sending shares up 7% in premarket ...
Western Digital Reports Fiscal Third Quarter 2025 Financial Results; Adopts Dividend Program and Declares Quarterly Cash Dividend on Common Stock
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2025 financial results. “Western Digital executed well in its fiscal third quarter achieving ...
Western Digital Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Western Digital Corporation WDC will release earnings results for the third quarter, before the opening bell on Wednesday, April 30.
Western Digital Refocuses Post-SanDisk Spin-Off As Analyst Highlights AI-Led HDD Growth
Rosenblatt analyst Kevin Cassidy relaunched coverage on Western Digital WDC, giving the stock a Buy and lowering the price target from $76 to $50 on Tuesday.
These 15 tech stocks could rocket up to 85% in a year — and analysts love them
Since President Donald Trump announced sweeping tariffs on April 2, the uncertainty has unleashed a bloodbath on Wall Street: The S&P 500 SPX+0.13% is off 6.9% since that day, while the Roundhill Magn...
At-Scale, Hard Disk Drive Rare Earth Material Capture Program Successfully Launched in the United States
SAN JOSE, Calif.--(BUSINESS WIRE)--Essential to cloud data center infrastructure, hard disk drives (HDDs) are complex devices that blend material science, mechanical engineering and physics. As part o...
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.
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...
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 ...
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.