Free Trial
Fall Lock-In Sale! MarketBeat All Access, $149 a Year for Life
Lock In $149
Claim MarketBeat All Access Sale Promotion

Western Digital (WDC) Stock Price, News & Analysis

Western Digital logo
$343.67 -10.52 (-2.97%)
Closing price 10/23/2026 04:00 PM Eastern
Extended Trading
$341.40 -2.27 (-0.66%)
As of 10/23/2026 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Western Digital Stock (NASDAQ:WDC)

Advanced

Key Stats

Today's Range
$339.55
▼
$360.66
50-Day Range
$332.00
▼
$536.01
52-Week Range
$121.85
▼
$799.87
Volume
13.91 million shs
Average Volume
9.49 million shs
Market Capitalization
$128.64 billion
P/E Ratio
13.34
Dividend Yield
0.17%
Price Target
$584.00
Consensus Rating
Moderate Buy

Company Overview

Western Digital Corporation (NASDAQ: WDC) is a data storage technology company that develops and manufactures hard disk drives (HDDs) and related storage solutions. Its products are used in data centers, cloud infrastructure, enterprise systems, personal computers, gaming platforms and external storage devices.

The company offers HDD-based products for business and consumer applications, including high-capacity drives designed for hyperscale and cloud data centers, enterprise storage environments, network-attached storage systems and personal computing. Western Digital also provides branded external storage products and solutions sold under names such as WD and SanDisk; however, its flash-memory business was separated into an independent company, SanDisk Corporation, in 2025.

Western Digital was founded in 1970 and is headquartered in San Jose, California. The company serves customers worldwide through its manufacturing, research and development, sales and distribution operations. Following the separation of its flash business, Western Digital is focused primarily on HDD-based data storage technologies. Irving Tan serves as the company’s chief executive officer.

AI Generated. May Contain Errors.

Western Digital Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

WDC MarketRank™: 
4.90921228304 of 5 stars

Western Digital scored higher than 98% of companies evaluated by MarketBeat, and ranked 40th out of 587 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 2.82, and is based on 1 strong buy rating, 21 buy ratings, 6 hold ratings, and no sell ratings.

  • Upside Potential

    Western Digital has a consensus price target of $584.00, representing about 69.9% upside from its current price of $343.67.

  • 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 74.05% in the coming year, from $19.69 to $34.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Western Digital is 13.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Western Digital is 13.34, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 78.69.

  • Price to Earnings Growth Ratio

    Western Digital has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Western Digital has a P/B Ratio of 13.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.90% 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 2.45, 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 5.86%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Western Digital has a dividend yield of 0.17%, 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 2.72%. 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 2.04% 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 0.62. 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 0.47 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 106 news articles for Western Digital this week, compared to 9 articles on an average week.
  • Search Interest

    177 people have searched for WDC on MarketBeat in the last 30 days. This is an increase of 26% compared to the previous 30 days.
  • MarketBeat Follows

    75 people have added Western Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 226% 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 $11,340,064.00 in company stock.

  • Percentage Held by Insiders

    0.20% 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.
Receive WDC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Western Digital and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

WDC Stock News Headlines

Western Digital (WD) logo with open hard disk drives in a server data center with blue lighting.
Why Western Digital's AI Storage Boom Defies the Chip Sell-Off
Western Digital shares fell amid a chip sell-off despite rising margins, revenue growth, and strong demand for its hard disk drives, as the company posted higher guidance and a dividend increase.
Western Digital (NASDAQ:WDC) Stock Falls 6.4% Following Insider Selling
Federal Reserve’s Disturbing Plan To Control Your Money
A Federal Reserve filing, Docket No. OP-1670, is drawing scrutiny for language that could expand the Fed's visibility into consumer bank transactions. A pilot program is reportedly already underway, with wider rollout at major banks possibly beginning this summer. Martin D. Weiss, PhD, founder of Weiss Ratings, breaks down what the document says and what steps account holders might consider.tc pixel
Western Digital’s Earnings Call Showcases AI-Fueled Surge
Memory, Storage Stocks Rebound After Western Digital Earnings Land
See More Headlines

WDC Stock Analysis - Frequently Asked Questions

Western Digital's stock was trading at $172.27 at the beginning of 2026. Since then, WDC stock has increased by 99.5% and is now trading at $343.67.

Western Digital Corporation (NASDAQ:WDC) issued its earnings results on Thursday, October, 22nd. The data storage provider reported $4.64 earnings per share for the quarter, topping the consensus estimate of $4.11 by $0.53. The company's revenue was up 55.5% compared to the same quarter last year.
Read the conference call transcript
.

Western Digital's board initiated a stock buyback program on Tuesday, May 13th 2025, which allows the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 11.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

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

Western Digital's top institutional shareholders include AMF Tjanstepension AB (0.23%), Robeco Institutional Asset Management B.V. (0.11%), Nisa Investment Advisors LLC (0.02%) and Crossmark Global Holdings Inc. (0.02%). 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 Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Tesla (TSLA) and Seagate Technology (STX).

Company Calendar

Record date for 9/17 Dividend
9/08/2026
Ex-Dividend for 9/17 Dividend
9/08/2026
Dividend Payable
9/17/2026
Last Earnings
10/22/2026
Today
10/24/2026
AGM 2026
11/20/2026
Record date for 12/17 Dividend
12/04/2026
Ex-Dividend for 12/17 Dividend
12/04/2026
Dividend Payable
12/17/2026
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
$200.00
Potential Upside/Downside
+69.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
28 Analysts

Profitability

EPS (Trailing Twelve Months)
$25.77
Trailing P/E Ratio
13.34
Forward P/E Ratio
17.45
P/E Growth
1.45
Net Income
$9.42 billion
Net Margins
69.20%
Pretax Margin
76.67%
Return on Equity
56.91%
Return on Assets
32.80%

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
9.96
Cash Flow
$12.25 per share
Price / Cash Flow
28.05
Book Value
$25.72 per share
Price / Book
13.36

Miscellaneous

Outstanding Shares
374,320,000
Free Float
373,574,000
Market Cap
$128.64 billion
Optionable
Optionable
Beta
2.11

Social Links

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report

This page (NASDAQ:WDC) was last updated on 10/23/2026 by MarketBeat.com Staff.
From Our Partners