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NASDAQ:WDC

Western Digital (WDC) Stock Price, News & Analysis

Western Digital logo
$459.44 -9.61 (-2.05%)
As of 08/21/2026 04:00 PM Eastern

About Western Digital Stock (NASDAQ:WDC)

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Key Stats

Today's Range
$454.33
$478.80
50-Day Range
$434.30
$746.23
52-Week Range
$74.57
$799.87
Volume
4.33 million shs
Average Volume
8.56 million shs
Market Capitalization
$158.36 billion
P/E Ratio
18.98
Dividend Yield
0.13%
Price Target
$534.56
Consensus Rating
Moderate Buy

Company Overview

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments. Western Digital supplies components to original equipment manufacturers (OEMs), sells branded storage products for consumers and small businesses, and provides system-level solutions and services aimed at hyperscale cloud, enterprise storage and other data-intensive workloads.

Founded in 1970, the company has evolved from early semiconductor work into a diversified storage technology provider. A major strategic milestone in its recent history was the acquisition of SanDisk, which expanded Western Digital’s footprint in NAND flash memory and solid-state storage. Over time the company has invested in research and development, manufacturing capacity and partnerships to support shifts in demand driven by cloud computing, mobile devices and edge applications.

Western Digital operates globally with design, manufacturing and customer-support operations across multiple regions to serve a worldwide customer base. As a publicly traded company, it competes on product innovation, scale and the ability to deliver a range of storage media and systems that address the needs of consumers, enterprise IT teams and large cloud providers.

AI Generated. May Contain Errors.

Western Digital Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
92nd Percentile Overall Score

WDC MarketRank™: 

Western Digital scored higher than 92% of companies evaluated by MarketBeat, and ranked 94th out of 600 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Western Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 2 strong buy ratings, 18 buy ratings, 5 hold ratings, and no sell ratings.

  • Upside Potential

    Western Digital has a consensus price target of $534.56, representing about 16.4% upside from its current price of $459.44.

  • Amount of Analyst Coverage

    Western Digital has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Western Digital's stock forecast and price target.
  • Earnings Growth

    Earnings for Western Digital are expected to grow by 73.18% in the coming year, from $19.65 to $34.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Western Digital is 18.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.63.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Western Digital is 18.98, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 73.01.

  • Price to Book Value per Share Ratio

    Western Digital has a P/B Ratio of 17.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Western Digital's valuation and earnings.
  • Percentage of Shares Shorted

    7.15% of the float of Western Digital has been sold short.
  • Short Interest Ratio / Days to Cover

    Western Digital has a short interest ratio ("days to cover") of 3.18, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Western Digital has recently increased by 5.77%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Western Digital has a dividend yield of 0.13%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Western Digital does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Western Digital is 2.48%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Western Digital will have a dividend payout ratio of 1.76% next year. This indicates that Western Digital will be able to sustain or increase its dividend.

  • Read more about Western Digital's dividend.
  • News Sentiment

    Western Digital has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 76 news articles for Western Digital this week, compared to 10 articles on an average week.
  • Search Interest

    Only 306 people have searched for WDC on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
  • MarketBeat Follows

    74 people have added Western Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 95% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Western Digital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,602,097.00 in company stock.

  • Percentage Held by Insiders

    0.18% of the stock of Western Digital is held by insiders.

  • Percentage Held by Institutions

    92.51% of the stock of Western Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Western Digital's insider trading history.
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WDC Stock News Headlines

Memory stocks face headwinds as 'smart money' walks out
The cat is out the bag
Almost 80,000 tech jobs vanished in the first three months of 2026. Meta cut 14,000 roles, Microsoft offered separation packages to 8,500 workers, and Oracle is reportedly eliminating up to 30,000 positions. Goldman Sachs estimates 12,400 Americans are being financially displaced every single day. Analyst Porter Stansberry says the real driver runs deeper than AI - and two Nobel Prize winners have issued the same warning. He calls it the Final Displacement, and he's releasing a full investigation with specific companies to buy and sell before the next wave hits.tc pixel
Western Digital logo displayed on a translucent screen inside a data center server room.
Western Digital Stock Falls 12% Despite Beating Earnings Estimates
Western Digital beat earnings, revenue, and guidance estimates on strong AI-driven cloud demand and expanding margins, yet shares fell 12% as lofty expectations weighed on the stock.
Bronze bull and bear statues face off in an urban financial district at sunset.
MarketBeat Week in Review – 07/27- 07/31 (WDC)
A weekly roundup covering Magnificent Seven earnings, Fed rate pauses, U.S.-Iran tensions, and MarketBeat analysts' takes on stocks including Microsoft, Alphabet, Broadcom, Tesla, and UnitedHealth.
Western Digital (WD) logo rendered in 3D on a circuit board with blurred server racks in the background.
Western Digital’s Earnings Will Test Whether Its AI Rally Has More Room
Western Digital stock has fallen about 40% from June highs despite bullish analyst targets, with its Aug. 5 earnings set to test whether AI-driven storage demand and pricing power remain intact.
See More Headlines

WDC Stock Analysis - Frequently Asked Questions

Western Digital's stock was trading at $172.27 at the beginning of the year. Since then, WDC shares have increased by 166.7% and is now trading at $459.44.

Western Digital Corporation (NASDAQ:WDC) posted its quarterly earnings results on Wednesday, August, 5th. The data storage provider reported $3.56 earnings per share for the quarter, topping analysts' consensus estimates of $3.31 by $0.25. Western Digital's revenue for the quarter was up 43.8% compared to the same quarter last year.
Read the conference call transcript
.

Western Digital's board initiated a share buyback plan on Tuesday, May 13th 2025, which permits the company to repurchase $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 11.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Western Digital subsidiaries include these companies: Kioxia, Kazan Networks, Tegile Systems, Upthere, SanDisk, Stec's, Virident Systems, and more.

Top institutional shareholders of Western Digital include Legal & General Group Plc (0.73%), Anther Capital Ltd (0.41%), Deutsche Bank AG (0.40%) and Maple Rock Capital Partners Inc. (0.39%). Insiders that own company stock include David Goeckeler, Irving Tan, Robert Soderbery, Cynthia L Tregillis, Vidyadhara K Gubbi, Gene M Zamiska, Bruce E Kiddoo, Roxanne Oulman, Kimberly Alexy and Matthew E Massengill.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Digital investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Visa (V) and JPMorgan Chase & Co. (JPM).

Company Calendar

Record date for 6/17 Dividend
6/05/2026
Ex-Dividend for 6/17 Dividend
6/05/2026
Dividend Payable
6/17/2026
Last Earnings
8/05/2026
Today
8/22/2026
Record date for 9/17 Dividend
9/08/2026
Ex-Dividend for 9/17 Dividend
9/08/2026
Dividend Payable
9/17/2026
Next Earnings (Estimated)
10/29/2026
Fiscal Year End
6/30/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Technology Hardware, Storage & Peripherals
Sub-Industry
Technology Hardware, Storage & Peripherals
Current Symbol
NASDAQ:WDC
CIK
106040
Employees
40,000
Year Founded
1970

Price Target and Rating

High Price Target
$1,050.00
Low Price Target
$163.00
Potential Upside/Downside
+16.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
25 Analysts

Profitability

EPS (Trailing Twelve Months)
$24.21
Trailing P/E Ratio
18.98
Forward P/E Ratio
23.38
P/E Growth
N/A
Net Income
$9.42 billion
Net Margins
72.95%
Pretax Margin
76.67%
Return on Equity
48.15%
Return on Assets
25.79%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.33
Quick Ratio
0.97

Sales & Book Value

Annual Sales
$12.92 billion
Price / Sales
12.26
Cash Flow
$12.00 per share
Price / Cash Flow
38.28
Book Value
$25.72 per share
Price / Book
17.86

Miscellaneous

Outstanding Shares
344,680,000
Free Float
344,062,000
Market Cap
$158.36 billion
Optionable
Optionable
Beta
2.14

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This page (NASDAQ:WDC) was last updated on 8/22/2026 by MarketBeat.com Staff.
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