Western Digital Corporation (WDC)
NASDAQ: WDC · Real-Time Price · USD
539.00
-59.37 (-9.92%)
At close: Jul 2, 2026, 4:00 PM EDT
545.00
+6.00 (1.11%)
After-hours: Jul 2, 2026, 7:59 PM EDT

Western Digital Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Western Digital stock has a consensus rating of "Buy" and an average price target of $589.88. The average 1-year stock price forecast is 9.44% higher than the current stock price, while the lowest is $360 (-33.21%) and the highest is $1,050 (+94.81%).

Price Target: $589.88 (+9.44%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$360$589.88$582.5$1,050
Change-33.21%+9.44%+8.07%+94.81%

Analyst Ratings

The average analyst rating for Western Digital stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy161716171818
Buy444444
Hold653333
Sell001111
Strong Sell000000
Total262624252626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$610$732
BuyReiterates$610$732+35.81%Jul 1, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$660$900
BuyMaintains$660$900+66.98%Jun 29, 2026
Melius Research
Melius Research
Buy
Initiates
$1,050
BuyInitiates$1,050+94.81%Jun 29, 2026
Fox Advisors
Fox Advisors
Hold
Downgrades
n/a
HoldDowngradesn/an/aJun 22, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$650
BuyMaintains$650+20.59%Jun 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.87B
from 9.52B
Increased by 35.17%
Revenue Next Year
17.82B
from 12.87B
Increased by 38.48%
EPS This Year
9.94
from 4.93
Increased by 101.66%
EPS Next Year
18.17
from 9.94
Increased by 82.78%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJul 2, 2021Jul 1, 2022Jun 30, 2023Jun 28, 2024Jun 27, 2025Jun 30, 2026
Revenue
16.92B18.79B6.26B6.32B9.52B12.87B
Revenue Growth
1.11%11.06%-66.72%0.99%50.70%35.17%
Gross Profit
4.45B6.07B1.39B1.77B3.69B6.22B
Gross Margin
26.27%32.32%22.24%28.07%38.78%48.34%
Operating Income
1.11B2.66B-379.00M113.00M2.14B4.64B
Net Income
821.00M1.55B-1.68B-798.00M1.89B6.07B
EPS
----4.939.94
EPS Growth
-----101.66%
Forward PE
8.715.07-10.5211.3754.21
Dividend / Share
----0.100.49
Free Cash Flow
1.08B1.61B-433.63M-625.13M3.20B3.50B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.0B
Avg12.9B
Low12.8B

Revenue Growth

Revenue Growth202620272028
High
36.2%
Avg
35.2%
Low
34.5%

EPS Forecast

EPS202620272028
High10.67
Avg9.94
Low9.45

EPS Growth

EPS Growth202620272028
High
116.4%
Avg
101.7%
Low
91.7%