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NASDAQ:WDC

Western Digital (WDC) Stock Price, News & Analysis

$60.77
-1.84 (-2.94%)
(As of 09/6/2024 ET)
Today's Range
$60.00
$62.52
50-Day Range
$56.25
$80.24
52-Week Range
$35.62
$81.55
Volume
4.15 million shs
Average Volume
6.41 million shs
Market Capitalization
$20.87 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$84.18

Western Digital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
38.5% Upside
$84.18 Price Target
Short Interest
Healthy
5.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.31
Upright™ Environmental Score
News Sentiment
0.94mentions of Western Digital in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
4.93%
From $8.73 to $9.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.42 out of 5 stars

Computer And Technology Sector

136th out of 594 stocks

Computer Storage Devices Industry

3rd out of 4 stocks

WDC stock logo

About Western Digital Stock (NASDAQ: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, industrial, and connected home applications. The company also provides enterprise HDDs; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; and data storage platforms. In addition, it offers external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field backup of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the Western Digital, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

WDC Stock Price History

WDC Stock News Headlines

Financial markets news icon
MarketBeat Week in Review – 9/2 - 9/6 (WDC)
The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Electronic parts, components, computer circuits. Western Digital
Analysts Forecast Big Upside for Western Digital—Don’t Miss Out
As a leading provider of data storage solutions, Western Digital Co. (NASDAQ: WDC) stands at the forefront as a key benefactor of artificial intelligence.
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Why Should You Add Western Digital Corp. (WDC) to Your Portfolio?
Western Digital (WDC) Receives a Buy from Morgan Stanley
Western Digital Co. (NASDAQ:WDC) SVP Sells $19,945.80 in Stock
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:WDC
CUSIP
95810210
Employees
51,000
Year Founded
1970

Price Target and Rating

Average Stock Price Target
$84.18
High Stock Price Target
$115.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+38.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
23 Analysts

Profitability

Net Income
$-798,000,000.00
Pretax Margin
-5.08%

Debt

Sales & Book Value

Annual Sales
$13.00 billion
Cash Flow
$0.83 per share
Book Value
$31.50 per share

Miscellaneous

Free Float
325,611,000
Market Cap
$20.87 billion
Optionable
Optionable
Beta
1.39

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Key Executives


WDC Stock Analysis - Frequently Asked Questions

How have WDC shares performed this year?

Western Digital's stock was trading at $52.37 at the beginning of the year. Since then, WDC shares have increased by 16.0% and is now trading at $60.77.
View the best growth stocks for 2024 here
.

How were Western Digital's earnings last quarter?

Western Digital Co. (NASDAQ:WDC) posted its earnings results on Wednesday, July, 31st. The data storage provider reported $1.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.17. The data storage provider earned $3.76 billion during the quarter, compared to analyst estimates of $3.77 billion. Western Digital had a negative trailing twelve-month return on equity of 2.63% and a negative net margin of 3.75%.

What is David Goeckeler's approval rating as Western Digital's CEO?

70 employees have rated Western Digital Chief Executive Officer David Goeckeler on Glassdoor.com. David Goeckeler has an approval rating of 84% among the company's employees.

Does Western Digital have any subsidiaries?

The following companies are subsidiaries of Western Digital: Kioxia, Kazan Networks, Tegile Systems, Upthere, SanDisk, Stec's, Virident Systems, and more.

Who are Western Digital's major shareholders?

Top institutional investors of Western Digital include DNB Asset Management AS (2.41%), Dimensional Fund Advisors LP (0.88%), Bank of New York Mellon Corp (0.88%) and Point72 Asset Management L.P. (0.84%). Insiders that own company stock include Robert Soderbery, Gene M Zamiska, Kimberly Alexy, Srinivasan Sivaram and Paula A Price.
View institutional ownership trends
.

How do I buy shares of Western Digital?

Shares of WDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Western Digital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Digital investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Netflix (NFLX).

This page (NASDAQ:WDC) was last updated on 9/7/2024 by MarketBeat.com Staff

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