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WDC Stock Chart & Stats
$450.75
-$38.50(-6.90%)
At close: 4:00 PM EDT
$450.75
-$38.50(-6.90%)
Day’s Range― - ―
52-Week Range$117.23 - $799.87
Previous CloseN/A
Volume4.78M
Average Volume (3M)8.09M
Market Cap
$131.84B
Enterprise Value$209.28B
Total Cash (Recent Filing)$1.58B
Total Debt (Recent Filing)$1.05B
Price to Earnings (P/E)12.2
Beta2.28
Next Earnings
Oct 22, 2026EPS Estimate
4.09Next Dividend Ex-DateN/A
Dividend Yield0.16%
Share Statistics
EPS (TTM)27.16
Shares Outstanding374,323,270
10 Day Avg. Volume9,382,409
30 Day Avg. Volume8,087,382
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)20.98
Price to Sales (P/S)14.39
P/FCF Ratio52.96
Enterprise Value/Market Cap1.59
Enterprise Value/Revenue16.20
Enterprise Value/Gross Profit33.16
Enterprise Value/Ebitda24.07
Forecast
1Y Price Target
$644.56Price Target Upside43.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)20.57
Revenue Forecast (FY)$19.27B
Bulls Say, Bears Say
Bulls Say
Cloud Storage DemandStrong cloud exposure and accelerating nearline demand support Western Digital’s relevance to expanding data-center capacity needs. This customer-driven growth can provide a durable foundation for revenue and utilization, particularly as AI workloads increase storage requirements over the coming quarters.
Cash GenerationRobust free cash flow demonstrates that the current earnings recovery is converting into substantial internal funding. A strong cash base gives Western Digital more flexibility to invest in capacity and products, reduce obligations, and return capital without relying as heavily on external financing.
Balance Sheet ImprovementThe shift to a net cash position materially strengthens financial resilience after a volatile industry cycle. Lower debt and meaningful liquidity should reduce interest and refinancing pressure, while preserving flexibility to manage demand swings and fund strategic technology transitions.
Bears Say
CyclicalityThe sharp movement from losses to peak-level profitability shows that Western Digital remains highly exposed to storage pricing, demand, and inventory cycles. Even with current strong results, this volatility makes earnings and cash generation less predictable across the next industry downturn.
Technology Ramp RiskFuture capacity and cost-per-terabyte progress depends on qualifying and scaling new drive technologies on schedule. Delays or weaker-than-expected customer adoption could postpone the expected operating benefits, limiting near-term growth and putting pressure on execution-sensitive profitability.
Contract Pricing UncertaintyUnsettled long-term agreement terms create uncertainty around the durability of improving price-per-terabyte trends. Negotiated pricing, contract timing, and customer commitments may affect revenue quality and margins, making the medium-term outlook more variable even as demand remains strong.
Western Digital News
WDC FAQ
What was Western Digital’s price range in the past 12 months?
Western Digital lowest stock price was $117.23 and its highest was $799.87 in the past 12 months.
What is Western Digital’s market cap?
Western Digital’s market cap is $131.84B.
When is Western Digital’s upcoming earnings report date?
Western Digital’s upcoming earnings report date is Oct 22, 2026 which is tomorrow.
How were Western Digital’s earnings last quarter?
Western Digital released its earnings results on Aug 05, 2026. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.25.
Is Western Digital overvalued?
According to Wall Street analysts Western Digital’s price is currently Undervalued.
Does Western Digital pay dividends?
Western Digital pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.16%. See more information on Western Digital dividends here
What is Western Digital’s EPS estimate?
Western Digital’s EPS estimate is 4.09.
How many shares outstanding does Western Digital have?
Western Digital has 374,323,270 shares outstanding.
What happened to Western Digital’s price movement after its last earnings report?
Western Digital reported an EPS of $3.56 in its last earnings report, beating expectations of $3.31. Following the earnings report the stock price went down -13.03%.
Which hedge fund is a major shareholder of Western Digital?
Currently, no hedge funds are holding shares in 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
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$644.56 (43.00% Upside)
$644.56 (43.00% Upside)
Blogger Sentiment
Bullish
WDC Sentiment 72%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 219.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 90%
Bearish news 10%
Bearish news 10%
Technicals
SMA
Negative
20 days / 200 days
Momentum
179.60%
12-Months-Change
Fundamentals
Return on Equity
118.65%
Trailing 12-Months
Asset Growth
-1.01%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Western Digital
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong fiscal 2026 financial performance — double-digit revenue growth (36%), substantial margin expansion, doubled EPS, robust free cash flow ($3.5B) and active capital returns — and a constructive outlook for fiscal 2027 with continued pricing improvement, product ramps (40 TB ePMR, 44 TB HAMR) and durable AI-driven demand. Notable near-term concerns include a Q4 exabyte growth slowdown (22% YoY), quarter-to-quarter variability tied to LTAs and product mix, and the usual execution/qualification risk for new technologies. Overall, the positives (material revenue, margin, cash flow, product roadmap, and guidance strength) materially outweigh the manageable short-term risks discussed.View all WDC earnings summariesWDC Revenue Breakdown
88.94% Cloud
5.62% Client
5.44% Consumer
WDC Stock 12 Month Forecast
Average Price Target
$644.56
▲(43.00% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
30.95% Mutual Funds
0.39% Other Institutional Investors
38.12% Public Companies and Individual Investors