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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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Western Digital Stock Forecast, Price & News

+0.84 (+1.67 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $51.21
50-Day Range
MA: $51.08
52-Week Range
Now: $51.21
Volume5.84 million shs
Average Volume5.32 million shs
Market Capitalization$15.58 billion
P/E RatioN/A
Dividend YieldN/A
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; 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; flash-based memory wafers; and embedded storage solutions and flash products. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions, including HDDs and drive configurations for use in data storage systems and tiered storage models; and data storage platforms and systems. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and still and action video cameras; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up 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 G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, resellers, and retailers. It operates in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
Western Digital logo


Overall MarketRank

2.00 out of 5 stars

Computer And Technology Sector

32nd out of 1,211 stocks

Computer Storage Devices Industry

2nd out of 5 stocks

Analyst Opinion: 3.4Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryComputer Storage & Peripherals
Current SymbolNASDAQ:WDC



Sales & Book Value

Annual Sales$16.74 billion
Cash Flow$9.50 per share
Book Value$31.87 per share


Net Income$-250,000,000.00


Market Cap$15.58 billion
Next Earnings Date1/28/2021 (Confirmed)
+0.84 (+1.67 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Western Digital (NASDAQ:WDC) Frequently Asked Questions

How has Western Digital's stock price been impacted by Coronavirus?

Western Digital's stock was trading at $45.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WDC shares have increased by 13.4% and is now trading at $51.21.
View which stocks have been most impacted by COVID-19

Is Western Digital a buy right now?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Digital in the last year. There are currently 7 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Western Digital stock.
View analyst ratings for Western Digital
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Western Digital?

Wall Street analysts have given Western Digital a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Digital wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Western Digital's next earnings date?

Western Digital is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Western Digital

How can I listen to Western Digital's earnings call?

Western Digital will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Western Digital's earnings last quarter?

Western Digital Co. (NASDAQ:WDC) issued its quarterly earnings results on Wednesday, October, 28th. The data storage provider reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.31. The data storage provider had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.83 billion. Western Digital had a positive return on equity of 6.72% and a negative net margin of 1.49%.
View Western Digital's earnings history

How often does Western Digital pay dividends? What is the dividend yield for Western Digital?

Western Digital declared a quarterly dividend on Thursday, February 13th. Stockholders of record on Friday, April 3rd will be given a dividend of $0.50 per share on Friday, April 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Thursday, April 2nd.
View Western Digital's dividend history

What guidance has Western Digital issued on next quarter's earnings?

Western Digital updated its second quarter earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of $0.40-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.64. The company issued revenue guidance of $3.75-3.95 billion, compared to the consensus revenue estimate of $3.86 billion.

What price target have analysts set for WDC?

28 analysts have issued 12-month target prices for Western Digital's stock. Their forecasts range from $42.00 to $101.00. On average, they anticipate Western Digital's stock price to reach $63.83 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
View analysts' price targets for Western Digital
or view Wall Street analyst' top-rated stocks.

Are investors shorting Western Digital?

Western Digital saw a decline in short interest in December. As of December 31st, there was short interest totaling 7,950,000 shares, a decline of 16.2% from the December 15th total of 9,490,000 shares. Based on an average trading volume of 5,170,000 shares, the days-to-cover ratio is presently 1.5 days.
View Western Digital's Short Interest

Who are some of Western Digital's key competitors?

What other stocks do shareholders of Western Digital own?

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

Who are Western Digital's key executives?

Western Digital's management team includes the following people:
  • Mr. David V. Goeckeler, CEO & Director (Age 59, Pay $4.58M)
  • Mr. Robert K. Eulau, Exec. VP & CFO (Age 59, Pay $1.77M)
  • Dr. Srinivasan Sivaram, Pres of Technology & Strategy (Age 61, Pay $1.52M)
  • Mr. Michael Charles Ray, Chief Legal Officer, Exec. VP & Sec. (Age 53, Pay $1.67M)
  • Ms. Lori Sundberg Sundberg, Exec. VP & Chief HR Officer (Age 57, Pay $1.09M)
  • Mr. Sean Hunkler, Exec. VP of Global Operations (Age 59)
  • Mr. C. Wesley M. Scott, Chief Investment Officer
  • Mr. Gene M. Zamiska, VP of Global Accounting & Chief Accounting Officer (Age 59)
  • Mr. T. Peter Andrew, VP of Investor Relations
  • Mr. David Tang, Sr. VP of Corp. Marketing (Age 56)

What is Western Digital's stock symbol?

Western Digital trades on the NASDAQ under the ticker symbol "WDC."

Who are Western Digital's major shareholders?

Western Digital's stock is owned by a number of institutional and retail investors. Top institutional investors include Nexus Investment Management ULC (0.12%), State of Alaska Department of Revenue (0.04%), McGuire Investment Group LLC (0.03%), RNC Capital Management LLC (0.02%), Sound Income Strategies LLC (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Western Digital stock include Lori S Sundberg, Mark P Long, Matthew E Massengill, Michael Charles Ray, Michael D Cordano and Stephen D Milligan.
View institutional ownership trends for Western Digital

Which institutional investors are selling Western Digital stock?

WDC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, RNC Capital Management LLC, Arden Trust Co, Global Retirement Partners LLC, Patriot Financial Group Insurance Agency LLC, Bowling Portfolio Management LLC, and Shulman DeMeo Asset Management LLC. Company insiders that have sold Western Digital company stock in the last year include Lori S Sundberg, Michael Charles Ray, and Michael D Cordano.
View insider buying and selling activity for Western Digital
or view top insider-selling stocks.

Which institutional investors are buying Western Digital stock?

WDC stock was purchased by a variety of institutional investors in the last quarter, including McGuire Investment Group LLC, Nexus Investment Management ULC, Sound Income Strategies LLC, Crossmark Global Holdings Inc., IFM Investors Pty Ltd, Founders Capital Management, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Western Digital
or or view top insider-buying stocks.

How do I buy shares of Western Digital?

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

What is Western Digital's stock price today?

One share of WDC stock can currently be purchased for approximately $51.21.

How big of a company is Western Digital?

Western Digital has a market capitalization of $15.58 billion and generates $16.74 billion in revenue each year. The data storage provider earns $-250,000,000.00 in net income (profit) each year or $2.24 on an earnings per share basis. Western Digital employs 63,800 workers across the globe.

What is Western Digital's official website?

The official website for Western Digital is www.westerndigital.com.

How can I contact Western Digital?

Western Digital's mailing address is 5601 GREAT OAKS PARKWAY, SAN JOSE CA, 95119. The data storage provider can be reached via phone at 408-717-6000 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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