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WDC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
483.660
Open
475.060
VWAP
477.66
Vol
7.93M
Mkt Cap
165.45B
Low
469.315
Amount
3.79B
EV/EBITDA(TTM)
39.19
Total Shares
344.68M
EV
158.25B
EV/OCF(TTM)
48.16
P/S(TTM)
14.83
Western Digital Corporation is a developer, manufacturer and provider of data storage devices and solutions on hard disk drives (HDD) technologies. The Company manufactures, markets, and sells data storage devices and solutions through its sales personnel, dealers, distributors, retailers, and subsidiaries. Its portfolio of technology and products addresses end markets: Cloud, Client, and Consumer. Cloud is comprised primarily of products for public or private cloud environments and enterprise customers. Through the Client end market, the Company provides its original equipment manufacturer (OEM) and channel customers with a broad array of high-performance HDD solutions across desktops and notebooks. The Consumer end market offers a range of retail and other end-user products. Its product portfolio includes Internal HDD, Data Center Drives, Data Center Platforms, External Drives, Portable Drives, network-attached storage (NAS) for Home and Office, and Accessories.
Show More

Events Timeline

(ET)
2026-05-06
09:20:00
Western Digital Enters Stock Exchange Agreements with Institutional Investors
select
2026-05-01 (ET)
2026-05-01
16:10:00
Apple Raises Quarterly Dividend and Announces $100B Stock Buyback
select
2026-05-01
12:00:00
Apple Reports Strong Earnings, Raises Dividend and Announces $100B Buyback
select
2026-05-01
09:00:00
Apple Stock Rises 3% Driven by Strong Earnings
select

News

NASDAQ.COM
9.5
05-08NASDAQ.COM
PinnedWestern Digital Reports Strong Revenue Growth Driven by AI Demand
  • Significant Revenue Growth: Western Digital's fiscal Q3 2026 revenue surged 45% year-over-year to $3.34 billion, exceeding Wall Street expectations, driven by robust demand from AI data centers, which further solidifies the company's market position.
  • Enhanced Profitability: Adjusted earnings per share increased by 97% to $2.72, primarily benefiting from the cloud segment's 89% revenue contribution and rising prices of high-capacity hard drives, which are expected to continue driving profit growth.
  • Negotiation Power: The shortage of hard drives has positioned Western Digital favorably in negotiations with customers, with a 9% year-over-year price increase last quarter, and new long-term supply agreements are set to further support price trends, ensuring future profitability.
  • Optimistic Market Outlook: The AI and cloud storage market is projected to grow at a compound annual growth rate of over 25% through 2030, with Western Digital's customers placing orders a year in advance, indicating strong demand for storage products and signaling the company's future growth potential.
NASDAQ.COM
4.5
05-08NASDAQ.COM
U.S. Stocks Close Higher, Nasdaq Hits Record High
  • Strong Market Performance: The S&P 500 rose by 0.84% and the Nasdaq 100 increased by 2.35%, reaching record highs, reflecting market optimism driven by robust corporate earnings despite concerns over the Iran conflict.
  • Support from Employment Data: U.S. nonfarm payrolls for April increased by 115,000, surpassing expectations of 65,000, with March figures revised up to 185,000, indicating resilience in the labor market and further boosting stock prices.
  • Decline in Consumer Confidence: The University of Michigan's May consumer sentiment index fell to a record low of 48.2, below the expected 49.5, highlighting economic uncertainty that could impact future consumer spending.
  • Oil Market Volatility: Iran's seizure of an oil tanker in the Strait of Hormuz led to a rise in WTI crude prices, with expectations that this incident will affect global oil supply, potentially causing further price fluctuations.
Fool
9.5
05-08Fool
Western Digital Stock Soars 170% in 2026 Amid AI Demand
  • Strong Earnings Report: Western Digital's fiscal Q3 2026 revenue surged 45% year-over-year to $3.34 billion, with adjusted earnings per share soaring 97% to $2.72, significantly exceeding Wall Street expectations due to robust demand from AI data centers and favorable pricing.
  • Cloud Business Dominance: A remarkable 89% of the company's revenue is derived from its cloud segment, primarily serving hyperscalers, which has substantially boosted profitability, particularly through higher-margin sales of high-capacity hard drives.
  • Price Increase Trend: The ongoing shortage of hard drives has positioned Western Digital favorably in negotiations, reporting a 9% year-over-year price increase last quarter, with expectations for continued favorable pricing trends supported by new long-term supply agreements.
  • Future Growth Potential: Western Digital anticipates that the AI and cloud storage market will grow at a compound annual growth rate exceeding 25% through 2030, with customers placing orders a year in advance to secure storage, indicating sustained profitability growth in the coming years.
CNBC
7.5
05-08CNBC
Transformations in Semiconductor Market Amid AI Surge
  • Memory Market Surge: Micron's market capitalization surpassed $800 billion for the first time, with stock prices soaring over 750% in the past year, indicating a strong trend driven by global memory shortages that is likely to continue attracting investor interest.
  • CPU Demand Revival: AMD anticipates a 35% growth in the server CPU market over the next three to five years, significantly up from the previous forecast of 18%, reflecting the robust recovery in overall market demand driven by AI agents, which could reshape the industry landscape.
  • Intel's Resurgence: Intel's stock achieved its best monthly performance in April, rising 33% in early May, bolstered by a partnership agreement with Apple, showcasing its revival potential in the CPU market and a return of market confidence.
  • Optical Technology Partnership: Corning signed a $3.2 billion deal with Nvidia to establish three new factories in the U.S. focused on optical technologies, marking a significant step in Nvidia's transition towards fiber-optic cables, which could reshape the landscape of American manufacturing.
NASDAQ.COM
4.5
05-08NASDAQ.COM
US Stocks Rise, Nasdaq Hits Record High
  • Strong Employment Data: US nonfarm payrolls rose by 115,000 in April, exceeding expectations of 65,000, while March figures were revised up to 185,000, indicating labor market resilience that supports stock market gains.
  • Declining Consumer Confidence: Despite rising stock prices, the University of Michigan's May consumer sentiment index fell by 1.6 to a record low of 48.2, reflecting consumer concerns about the economic outlook, which could negatively impact future spending.
  • Chip Stocks Lead Gains: Chipmakers like Micron and Qualcomm saw stock prices rise over 8%, driving the overall market higher, demonstrating the strong performance of tech stocks in the current market environment, although weakness in software stocks limited gains in the Dow.
  • Oil Price Volatility Impact: WTI crude prices edged up slightly due to Iran seizing an oil tanker in the Strait of Hormuz, complicating market expectations for future oil prices, which may influence investment decisions in related sectors.
NASDAQ.COM
4.5
05-08NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Nasdaq Hits Record High: The Nasdaq 100 index surged 1.32% to reach a new record high, primarily driven by chipmakers and AI infrastructure stocks, indicating strong market confidence in technology stocks that may attract further investor interest in the tech sector.
  • Strong Employment Data: U.S. nonfarm payrolls rose by 115,000 in April, exceeding expectations of 65,000, while March figures were revised up to 185,000, demonstrating resilience in the labor market that could lead the Fed to maintain interest rates in upcoming policy meetings.
  • Corporate Earnings Support Market: So far, 84% of the 425 S&P 500 companies have beaten earnings estimates, with Q1 earnings projected to climb 12% year-over-year, providing robust support for the stock market and reflecting the potential for economic recovery.
  • Geopolitical Impact on Oil Prices: Iran's seizure of an oil tanker in the Strait of Hormuz has led to a slight increase in WTI crude oil prices, heightening concerns over future oil price volatility and potentially affecting the stability of global energy supply chains.
Wall Street analysts forecast WDC stock price to rise
19 Analyst Rating
Wall Street analysts forecast WDC stock price to rise
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
135.00
Averages
189.74
High
250.00
Current: 0.000
sliders
Low
135.00
Averages
189.74
High
250.00
Mizuho
Vijay Rakesh
maintain
$470 -> $550
AI Analysis
2026-05-06
New
Reason
Mizuho
Vijay Rakesh
Price Target
$470 -> $550
AI Analysis
2026-05-06
New
maintain
Reason
Mizuho analyst Vijay Rakesh raised the firm's price target on Western Digital to $550 from $470 and keeps an Outperform rating on the shares.
Baird
Baird
Outperform
maintain
$310 -> $450
2026-05-04
New
Reason
Baird
Baird
Price Target
$310 -> $450
2026-05-04
New
maintain
Outperform
Reason
Baird raised the firm's price target on Western Digital to $450 from $310 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results which suggest new waves of accelerating demand for storage.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for WDC
Unlock Now

Valuation Metrics

The current forward P/E ratio for Western Digital Corp (WDC.O) is 31.75, compared to its 5-year average forward P/E of 3.99. For a more detailed relative valuation and DCF analysis to assess Western Digital Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
3.99
Current PE
31.75
Overvalued PE
22.71
Undervalued PE
-14.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.06
Current EV/EBITDA
24.20
Overvalued EV/EBITDA
29.78
Undervalued EV/EBITDA
0.34

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.73
Current PS
9.47
Overvalued PS
3.24
Undervalued PS
0.22

Financials

AI Analysis
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Whales Holding WDC

S
Simplex Trading, LLC
Holding
WDC
+64.32%
3M Return
W
Wt Asset Management Ltd
Holding
WDC
+38.83%
3M Return
T
Tontine Management, LLC
Holding
WDC
+32.41%
3M Return
T
Trivest Advisors Ltd
Holding
WDC
+30.28%
3M Return
S
Slate Path Capital LP
Holding
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+22.80%
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U
Uni-President Assets Management Corp.
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Frequently Asked Questions

What is Western Digital Corp (WDC) stock price today?

The current price of WDC is 480 USD — it has increased 3.47

What is Western Digital Corp (WDC)'s business?

Western Digital Corporation is a developer, manufacturer and provider of data storage devices and solutions on hard disk drives (HDD) technologies. The Company manufactures, markets, and sells data storage devices and solutions through its sales personnel, dealers, distributors, retailers, and subsidiaries. Its portfolio of technology and products addresses end markets: Cloud, Client, and Consumer. Cloud is comprised primarily of products for public or private cloud environments and enterprise customers. Through the Client end market, the Company provides its original equipment manufacturer (OEM) and channel customers with a broad array of high-performance HDD solutions across desktops and notebooks. The Consumer end market offers a range of retail and other end-user products. Its product portfolio includes Internal HDD, Data Center Drives, Data Center Platforms, External Drives, Portable Drives, network-attached storage (NAS) for Home and Office, and Accessories.

What is the price predicton of WDC Stock?

Wall Street analysts forecast WDC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDC is189.74 USD with a low forecast of 135.00 USD and a high forecast of 250.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Western Digital Corp (WDC)'s revenue for the last quarter?

Western Digital Corp revenue for the last quarter amounts to 3.34B USD, increased 45.47

What is Western Digital Corp (WDC)'s earnings per share (EPS) for the last quarter?

Western Digital Corp. EPS for the last quarter amounts to 8.20 USD, increased 477.46

How many employees does Western Digital Corp (WDC). have?

Western Digital Corp (WDC) has 40000 emplpoyees as of May 09 2026.

What is Western Digital Corp (WDC) market cap?

Today WDC has the market capitalization of 165.45B USD.