Western Digital Corp. (DE:WDC)
NASDAQ:WDC
WDC Stock Chart & Stats
€315.80
€1.24(1.91%)
At close: 4:00 PM EST
€315.80
€1.24(1.91%)
Day’s Range― - ―
52-Week Range€48.21 - €519.70
Previous CloseN/A
Volume124.00
Average Volume (3M)5.74K
Market Cap
€167.30B
Enterprise Value€182.77B
Total Cash (Recent Filing)€3.24B
Total Debt (Recent Filing)€1.72B
Price to Earnings (P/E)29.9
Beta1.22
Next Earnings
Aug 05, 2026EPS Estimate
2.84Next Dividend Ex-DateN/A
Dividend Yield0.19%
Share Statistics
EPS (TTM)18.69
Shares Outstanding344,682,130
10 Day Avg. Volume6,503
30 Day Avg. Volume5,740
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)4.14
Price to Sales (P/S)2.31
P/FCF Ratio17.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€487.97Price Target Upside54.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)8.62
Revenue Forecast (FY)€11.11B
Bulls Say, Bears Say
Bulls Say
Material Leverage Reduction And Stronger Balance SheetWestern Digital materially reduced debt and now shows a conservative debt/equity (~0.16) and solid equity base. This meaningfully lowers refinancing and interest risk, improves financial flexibility for capex and R&D, and supports investment-grade credit profiles that endure across cycles.
Robust Cash Generation And Free Cash Flow ConversionTTM operating and free cash flows recovered strongly and cover a large share of profits, enabling debt paydown, dividends, and buybacks. Durable cash generation enhances ability to fund HAMR/EPMR ramps and LTAs, providing sustained capital flexibility through multi-year technology investments.
Clear Technology Roadmap And Customer AdoptionWD’s multi-generation roadmap (EPMR, UltraSMR, HAMR) plus major-customer qualifications creates a structural advantage in exabyte economics. Volume production targets and hyperscaler adoption support long-term areal-density gains and lower cost per exabyte, underpinning sustainable gross margins.
Bears Say
Extreme Customer Concentration In CloudRelying on hyperscalers for ~89% of revenue concentrates demand risk: cloud capex cycles, procurement shifts, or multi‑year contract renegotiations can quickly swing revenue and utilization. This amplifies downside in downturns and limits revenue diversification over the next 2–6 months and beyond.
HAMR Qualification And Ramp Execution RiskNext‑gen HAMR tech is critical to future density leadership but remains in qualification. Manufacturing yield, reliability and qualification timing are execution risks that could delay capacity, raise unit costs, and defer margin upside tied to HAMR-dependent exabyte growth.
Historical Cyclical Volatility In Revenue And Cash FlowWD’s financials show sharp swings across cycles, with prior quarters of negative cash flow and losses. Such structural cyclicality makes current margins and cash generation less certain to persist through downturns, increasing long-term execution and planning risk for investments and LTAs.
Western Digital News
WDC FAQ
What was Western Digital Corp.’s price range in the past 12 months?
Western Digital Corp. lowest stock price was €48.21 and its highest was €519.70 in the past 12 months.
What is Western Digital Corp.’s market cap?
Western Digital Corp.’s market cap is €167.30B.
When is Western Digital Corp.’s upcoming earnings report date?
Western Digital Corp.’s upcoming earnings report date is Aug 05, 2026 which is in 51 days.
How were Western Digital Corp.’s earnings last quarter?
Western Digital Corp. released its earnings results on Apr 30, 2026. The company reported €2.352 earnings per share for the quarter, beating the consensus estimate of €2.071 by €0.281.
Is Western Digital Corp. overvalued?
According to Wall Street analysts Western Digital Corp.’s price is currently Undervalued.
Does Western Digital Corp. pay dividends?
Western Digital Corp. pays a Quarterly dividend of €0.13 which represents an annual dividend yield of 0.19%. See more information on Western Digital Corp. dividends here
What is Western Digital Corp.’s EPS estimate?
Western Digital Corp.’s EPS estimate is 2.84.
How many shares outstanding does Western Digital Corp. have?
Western Digital Corp. has 344,682,130 shares outstanding.
What happened to Western Digital Corp.’s price movement after its last earnings report?
Western Digital Corp. reported an EPS of €2.352 in its last earnings report, beating expectations of €2.071. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Western Digital Corp.?
Currently, no hedge funds are holding shares in DE:WDC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Digital Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
€487.97 (54.52% Upside)
€487.97 (54.52% Upside)
Blogger Sentiment
Bullish
DE:WDC Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth €3.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 79%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
911.92%
12-Months-Change
Fundamentals
Return on Equity
91.94%
Trailing 12-Months
Asset Growth
-8.08%
Trailing 12-Months
Company Description
Western Digital Corp.
Western Digital Corporation designs, manufactures, and markets a broad range of data storage devices and software solutions across the United States, China, Hong Kong, Europe, the Middle East, Africa, and the rest of Asia, serving an international market. The company's product lineup includes client devices such as hard disk drives (HDDs) and solid-state drives (SSDs) for computing platforms like desktops, notebooks, smart video systems, gaming consoles, and set-top boxes. They also provide flash-based embedded storage solutions for mobile phones, tablets, laptops, and various portable and wearable technologies, extending into automotive, Internet of Things (IoT), industrial, and connected home applications. Additionally, Western Digital produces flash-based memory wafers. For data centers, their offerings comprise enterprise helium hard drives and sophisticated flash-based SSDs, often bundled with software tailored for enterprise servers, online transaction processing, data analysis, and other business applications. This segment also includes comprehensive data storage systems, tiered storage models, and various data storage platforms. Consumer-oriented client solutions consist of external HDDs in both mobile and desktop configurations, portable SSDs, and removable memory cards compatible with mobile phones, tablets, imaging systems, cameras, and smart video systems. Furthermore, they offer universal serial bus (USB) flash drives for computing and general consumer markets, alongside wireless drive products designed for on-the-go content backup and high-definition streaming of media and documents to tablets, smartphones, and PCs. Western Digital sells its diverse portfolio through original equipment manufacturers (OEMs), distributors, dealers, resellers, and retailers, utilizing its prominent G-Technology, SanDisk, and WD brands. Founded in 1970, the corporation is headquartered in San Jose, California.
WDC Company Deck
WDC Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: high revenue growth (+45% YoY), doubled EPS (~97% YoY), robust margin expansion (gross margin 50.5%, +1,040 bps YoY), large exabyte shipment growth (+34% YoY), strong free cash flow ($978M, 29% margin), and a clear product roadmap with improving customer qualifications and UltraSMR adoption. Key risks noted include concentration in cloud revenue (89%), ongoing HAMR qualification and ramp timing, some remaining convertible debt and SanDisk shares to monetize, and near-term R&D-driven opex increases. Overall, the positives materially outweigh the challenges.View all DE:WDC earnings summariesWDC Revenue Breakdown
87.62% Cloud
5.84% Client
6.54% Consumer
WDC Stock 12 Month Forecast
Average Price Target
€487.97
▲(54.52% Upside)
Technical Analysis
Options Prices
Currently, No data available
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