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Western Digital Corporation (WDC)

NASDAQ: WDC · IEX Real-Time Price · USD
55.57
+0.16 (0.29%)
After-hours:Oct 15, 2021 7:10 PM EDT
55.41
-1.14 (-2.02%)
At close: Oct 15, 4:00 PM
Market Cap17.26B
Revenue (ttm)16.92B
Net Income (ttm)821.00M
Shares Out305.00M
EPS (ttm)2.66
PE Ratio20.83
Forward PE5.69
Dividendn/a
Ex-Dividend Daten/a
Volume3,398,577
Open55.74
Previous Close56.55
Day's Range55.14 - 56.29
52-Week Range36.59 - 78.19
Beta1.63
AnalystsBuy
Price Target93.39 (+68.5%)
Est. Earnings DateOct 27, 2021

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 computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices,...

IndustryTechnology Hardware, Storage & Peripherals
Founded1970
CEODavid Goeckeler
Employees65,600
Stock ExchangeNASDAQ
Ticker SymbolWDC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for WDC stock is "Buy." The 12-month stock price forecast is 93.39, which is an increase of 68.54% from the latest price.

Price Target
$93.39
(68.54% upside)
Analyst Consensus: Buy

News

Analyst Admits March Upgrade On Western Digital 'Wrong Call,' Downgrades This Time

Goldman Sachs analyst Toshiya Hari downgraded Western Digital Corp (NASDAQ:WDC) to Neutral from Buy with a price target of $62, down from $91, implying a 9.6% upside. The analyst expects cyclical pressu...

2 days ago - Benzinga

Western Digital to Announce First Quarter Fiscal 2022 Financial Results on October 28, 2021

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its first quarter fiscal year 2022 financial results after the market closes on Thursday, October 28, 2021. The i...

1 week ago - Business Wire

4 Supercharged Growth Stocks With 105% to 192% Upside, According to Wall Street

Select analysts and investment firms expect these fast-paced stocks to double or nearly triple over the next 12 months.

Other symbols:ROKUTCNNFTSLA
1 week ago - The Motley Fool

The World Economic Forum Welcomes Western Digital to Prestigious Global Lighthouse Network

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Western Digital (NASDAQ: WDC) announced the World Economic Forum has named two of its smart factories in Asia to the Global Lighthouse Network, a community of w...

2 weeks ago - Business Wire

3 No-Brainer Stocks to Invest $200 In Right Now

You don't need a mountain of cash to build wealth on Wall Street.

Other symbols:BMYPLNHF
2 weeks ago - The Motley Fool

Western Digital (WDC) Outpaces Stock Market Gains: What You Should Know

Western Digital (WDC) closed at $57.94 in the latest trading session, marking a +0.78% move from the prior day.

3 weeks ago - Zacks Investment Research

3 Storage Devices Stocks to Watch Amid a Challenging Industry

Momentum in cloud computing, IoT, auto, connected devices, VR and AI is expected to favor the prospects of the Zacks Computer - Storage Devices industry players like NetApp (NTAP), Western Digital (WDC)...

Other symbols:NTAPPSTGTDC
3 weeks ago - Zacks Investment Research

Semiconductor ETFs Soaring to New Heights

Semiconductor ETFs have been rallying this year and are hitting new peaks on several occasions.

1 month ago - Zacks Investment Research

Any Kioxia-Western Digital deal should ensure equal hubs in Japan, U.S. - senior lawmaker

Any merger of Japanese chipmaker Kioxia Holdings and U.S. rival Western Digital Corp should ensure critical operations are split equally between the two countries, a senior member of Japan's ruling part...

1 month ago - Reuters

Western Digital's Ambitious Carbon Reduction Goals Approved by the Science Based Targets initiative

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (NASDAQ: WDC) announced today that the Science Based Targets initiative (SBTi), has approved its greenhouse gas emissions reduction goals, which are in...

1 month ago - Business Wire

3 Value Stocks That'll Make You Richer in September (and Beyond)

These brand-name companies are simply too cheap for investors to pass up.

Other symbols:FMRK
1 month ago - The Motley Fool

Western Digital (WDC)-Kioxia Deal May Get Japan's Support

Per a Reuters report, Western Digital's (WDC) potential merger with Kioxia may be supported by Japan's trade ministry only if the control of technology is retained by the country.

1 month ago - Zacks Investment Research

Western Digital (WDC) Down 8.1% Since Last Earnings Report: Can It Rebound?

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Exclusive-Tokyo ready to back Western Digital-Kioxia deal if key tech stays in Japan - sources

Japan's trade ministry is ready to back Western Digital's bid to merge with memory chipmaker Kioxia provided control of cutting edge technology stays in Japan, two sources with knowledge of the industry...

1 month ago - Reuters

Western Digital to Participate in Upcoming Investor Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conferences: Event: Deutsche Bank Technology Conference Presentat...

1 month ago - Business Wire

4 Chip ETFs You Should Not Ignore

Semiconductor ETFs surged after blockbuster earnings.

1 month ago - Zacks Investment Research

Western Digital Reimagines the Hard Drive

SAN JOSE, Calif.--(BUSINESS WIRE)--At the company's HDD Reimagine event today, Western Digital Corp. (NASDAQ: WDC) introduced a new flash-enhanced drive architecture that breaks traditional boundaries o...

1 month ago - Business Wire

Western Digital (WDC)-Kioxia Potential Deal Could Hit Roadblock

Western Digital's (WDC) potential acquisition of Kioxia could face several political and regulatory roadblocks, per sources.

1 month ago - Zacks Investment Research

Got $1,000? Buy These 3 Top Tech Stocks After Earnings

Tech continues to transform the global economy and is a great long-term investment.

Other symbols:AZPNBABA
1 month ago - The Motley Fool

Western Digital $20 billion all-stock offer for Kioxia poses valuation, cash challenge - analysts

A possible merger between storage hardware maker Western Digital Corp with its Japanese partner and chipmaker Kioxia Holdings could create a NAND memory chipmaking giant that rivals Samsung Electronics.

1 month ago - Reuters

Salesforce.com Among Today's Trending Stocks As Investors Remain Cautiously Bullish On The Market

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Salesforce.com among others.

Other symbols:CRMDALDELLWFC
1 month ago - Forbes

As Western Digital discusses the merger with Kioxia, is it time to buy?

On Thursday, Western Digital Corp (NASDAQ:WDC) shares plummeted nearly 4% after announcing plans to merge with Japanese chipmaker Kioxia. According to reports, the companies could reach a $20 billion st...

1 month ago - Invezz

Western Digital, Kioxia Negotiate Over Building Chip Giant

Reuters reports that Western Digital Corp (NASDAQ: WDC) is in advanced discussions regarding a potential $20 billion stock merger with Japanese chipmaker and partner Kioxia to tap the 5G expansion and p...

1 month ago - Benzinga

Why Western Digital, Micron Technology, and Seagate Technology Rose Today

Rumors of a merger inspired investors who didn't want to ruin the rally by asking too many questions.

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1 month ago - The Motley Fool