Western Digital Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Digital in the last year. There are currently 5 hold ratings and 20 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 top-rated stocks.

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Western Digital saw a decline in short interest during the month of January. As of January 29th, there was short interest totaling 6,740,000 shares, a decline of 21.8% from the January 14th total of 8,620,000 shares. Based on an average daily volume of 4,660,000 shares, the short-interest ratio is presently 1.4 days.
View Western Digital's Short Interest.

Western Digital is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Western Digital.

Western Digital Co. (NASDAQ:WDC) issued its quarterly earnings data on Wednesday, January, 27th. The data storage provider reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.15. The data storage provider earned $3.94 billion during the quarter, compared to the consensus estimate of $3.89 billion. Western Digital had a negative net margin of 1.49% and a positive trailing twelve-month return on equity of 6.72%. The business's revenue for the quarter was down 6.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.62 EPS.
View Western Digital's earnings history.

Western Digital's stock was trading at $45.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WDC stock has increased by 52.5% and is now trading at $68.86.
View which stocks have been most impacted by COVID-19.

Western Digital updated its third quarter earnings guidance on Thursday, January, 28th. The company provided EPS guidance of $0.55-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.64. The company issued revenue guidance of $3.85-4.05 billion, compared to the consensus revenue estimate of $3.87 billion.

25 equities research analysts have issued twelve-month target prices for Western Digital's stock. Their forecasts range from $42.00 to $100.00. On average, they expect Western Digital's stock price to reach $67.91 in the next year. This suggests that the stock has a possible downside of 1.4%.
View analysts' price targets for Western Digital or view top-rated stocks among Wall Street analysts.

70 employees have rated Western Digital CEO David Goeckeler on Glassdoor.com. David Goeckeler has an approval rating of 84% among Western Digital's employees.

Some companies that are related to Western Digital include Seagate Technology (STX), NetApp (NTAP), Pure Storage (PSTG), Quantum (QMCO), digitiliti (DIGI) and Cambex (CBEX).
View all of WDC's competitors.

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).

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

Western Digital's stock is owned by a variety of institutional and retail investors. Top institutional investors include FIL Ltd (3.06%), Clearbridge Investments LLC (2.73%), DNB Asset Management AS (1.92%), Lyrical Asset Management LP (1.43%), UBS Asset Management Americas Inc. (1.21%) and UBS Asset Management Americas Inc. (1.21%). 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.

WDC stock was sold by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., UBS Asset Management Americas Inc., Clearbridge Investments LLC, First Trust Advisors LP, Verition Fund Management LLC, Boston Partners, Price T Rowe Associates Inc. MD, and Menora Mivtachim Holdings LTD.. Company insiders that have sold Western Digital company stock in the last year include Lori S Sundberg, and Michael Charles Ray.
View insider buying and selling activity for Western Digital or view top insider-selling stocks.

WDC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, DNB Asset Management AS, FIL Ltd, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Artemis Investment Management LLP, Janus Henderson Group PLC, and Primecap Management Co. CA.
View insider buying and selling activity for Western Digital or or view top insider-buying stocks.

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.
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One share of WDC stock can currently be purchased for approximately $68.86.

Western Digital has a market capitalization of $21.08 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.

The following companies are subsidiares of Western Digital: Amplidata, Amplidata N.V., EasyStore Memory Limited, Fabrik, Fusion Multisystems Ltd., Fusion-io (Beijing) Info Tech Co., Fusion-io GmbH, Fusion-io Holdings S.A.R.L., Fusion-io LLC, Fusion-io Poland SP.Z.O.O., Fusion-io Singapore Private Ltd, G-Tech LLC, HGSP (Shenzhen) Co., HGSP Holdco Hong Kong Limited, HGST, HGST (Shenzhen) Co., HGST (Thailand) Ltd., HGST Asia Pte. Ltd., HGST Consulting (Shanghai) Co., HGST Europe, HGST Japan, HGST Malaysia Sdn. Bhd., HGST Netherlands B.V., HGST Philippines Corp., HGST Singapore Pte. Ltd., HGST Technologies India Private Limited, HGST Technologies Malaysia Sdn. Bhd., HICAP Properties Corp., Keen Personal Media, Pacifica Insurance Corporation, Prestadora SD, Read-Rite Philippines, Rising Silicon Inc., SD International Holdings Ltd., SMART Storage Systems GmbH, STEC Bermuda, STEC Europe B.V., STEC Germany GmbH, STEC Hong Kong Ltd., STEC International Holding, STEC Italy SRL, STEC R&D Ltd., SanDisk, SanDisk (Cayman) Limited, SanDisk (Ireland) Limited, SanDisk 3D IP Holdings Ltd, SanDisk 3D LLC, SanDisk B.V., SanDisk Bermuda Limited, SanDisk Bermuda Unlimited, SanDisk BiCS IP Holdings Ltd, SanDisk Brasil Participações Ltda., SanDisk C.V., SanDisk China LLC, SanDisk China Limited, SanDisk Enterprise IP LLC, SanDisk Equipment Y.K., SanDisk Flash B.V., SanDisk France SAS, SanDisk G.K., SanDisk GmbH, SanDisk Holding B.V., SanDisk Holdings LLC, SanDisk Hong Kong Limited, SanDisk IL Ltd., SanDisk India Device Design Centre Private Limited, SanDisk Information Technology (Shanghai) Co. Ltd., SanDisk International Holdco B.V., SanDisk International Limited, SanDisk International Middle East FZE, SanDisk Israel (Tefen) Ltd., SanDisk Italy S.R.L., SanDisk Korea Limited, SanDisk LLC, SanDisk Latin America Holdings LLC, SanDisk Malaysia Sdn. Bhd., SanDisk Manufacturing Americas, SanDisk Manufacturing Unlimited Company, SanDisk Operations Holdings Limited, SanDisk Pazarlama Ve Ticaret Limited Sirketi, SanDisk Scotland, SanDisk Semiconductor (Shanghai) Co. Ltd., SanDisk Spain, SanDisk Storage Malaysia Sdn. Bhd., SanDisk Sweden AB, SanDisk Switzerland Sarl, SanDisk Taiwan Limited, SanDisk Technologies LLC, SanDisk Trading (Shanghai) Co. Ltd., SanDisk Trading Holdings Limited, SanDisk UK, Sandbox Expansion LLC, Shenzhen Hailiang Storage Products Co., Skyera, Stec's, Suntech Realty, Tegile Systems, Tegile Systems Private Limited, Upthere, Virident Systems, Virident Systems International Holdings Ltd., Viviti Technologies Pte. Ltd., WD Media, WD Media (Malaysia) Sdn., WD Media (Singapore) Pte. Ltd., Western Digital (Argentina) S.A., Western Digital (France) SARL, Western Digital (Fremont), Western Digital (I.S.) Limited, Western Digital (Malaysia) Sdn. Bhd., Western Digital (S.E. Asia) Pte Ltd, Western Digital (Thailand) Company Limited, Western Digital (UK) Limited, Western Digital Canada Corporation, Western Digital Capital, Western Digital Capital Global, Western Digital Deutschland GmbH, Western Digital Do Brasil Comercio E Distribuicao De Produtos De Informatica Ltda., Western Digital Hong Kong Limited, Western Digital Information Technology (Shanghai) Company Ltd., Western Digital International Ltd., Western Digital Ireland, Western Digital Japan Ltd., Western Digital Korea, Western Digital Latin America, Western Digital Netherlands B.V., Western Digital Taiwan Co., and Western Digital Technologies.

Western Digital was founded in 1970.

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

Western Digital is headquartered at 5601 GREAT OAKS PARKWAY, SAN JOSE CA, 95119.

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]