S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12

Western Digital Stock Forecast, Price & News

$57.72
-0.12 (-0.21%)
(As of 12/1/2021 12:00 AM ET)
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Compare
Today's Range
$57.66
$60.75
50-Day Range
$52.29
$60.56
52-Week Range
$46.93
$78.19
Volume
4.87 million shs
Average Volume
4.29 million shs
Market Capitalization
$17.99 billion
P/E Ratio
12.20
Dividend Yield
N/A
Beta
1.56
30 days | 90 days | 365 days | Advanced Chart
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Western Digital logo

About Western Digital

Western Digital Corp. engages in the developing, manufacturing, marketing, and sale of data storage devices and solutions. It operates through the following product categories: Client Devices, Data Center Devices & Solutions, and Client Solutions. The Client Devices category includes mobile, desktop, gaming and digital video hard drives, solid state drives (SSDs), embedded products, and wafers. The Data Center Devices & Solutions category covers capacity and performance enterprise hard disk drives, enterprise SSDs, data center software, and system solutions. The Client Solutions category offers removable products, hard drive content solutions, and flash content solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Headlines

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Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:WDC
CUSIP
95810210
Employees
65,600
Year Founded
1970

Sales & Book Value

Annual Sales
$16.92 billion
Cash Flow
$7.71 per share
Book Value
$36.46 per share

Profitability

Net Income
$821 million
Pretax Margin
9.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
311,093,000
Market Cap
$17.99 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Today
12/02/2021
Next Earnings (Estimated)
1/27/2022
Fiscal Year End
6/30/2022

Social Links


MarketRank

Overall MarketRank

2.75 out of 5 stars

Computer And Technology Sector

77th out of 892 stocks

Computer Storage Devices Industry

1st out of 6 stocks

Analyst Opinion: 4.4Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Western Digital (NASDAQ:WDC) Frequently Asked Questions

Is Western Digital a buy right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Digital in the last twelve months. There are currently 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Western Digital stock.
View analyst ratings for Western Digital
or view top-rated stocks.

How has Western Digital's stock been impacted by Coronavirus (COVID-19)?

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 shares have increased by 27.9% and is now trading at $57.72.
View which stocks have been most impacted by COVID-19
.

When is Western Digital's next earnings date?

Western Digital is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Western Digital
.

How were Western Digital's earnings last quarter?

Western Digital Co. (NASDAQ:WDC) released its earnings results on Wednesday, October, 27th. The data storage provider reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.04. The data storage provider had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.06 billion. Western Digital had a net margin of 8.26% and a trailing twelve-month return on equity of 16.38%. The firm's quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 EPS.
View Western Digital's earnings history
.

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

Western Digital updated its second quarter 2022 earnings guidance on Thursday, November, 4th. The company provided earnings per share (EPS) guidance of $1.950-$2.250 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.390. The company issued revenue guidance of $4.70 billion-$4.90 billion, compared to the consensus revenue estimate of $4.59 billion.

What price target have analysts set for WDC?

21 equities research analysts have issued 1-year price objectives for Western Digital's shares. Their forecasts range from $56.00 to $97.00. On average, they expect Western Digital's share price to reach $75.55 in the next year. This suggests a possible upside of 30.9% from the stock's current price.
View analysts' price targets for Western Digital
or view top-rated stocks among Wall Street analysts.

Who are Western Digital's key executives?

Western Digital's management team includes the following people:
  • David V. Goeckeler, Chief Executive Officer & Director
  • Robert K. Eulau, Chief Financial Office & Executive Vice President
  • Srinivasan Sivaram, President-Technology & Strategy
  • Michael Charles Ray, Secretary, Chief Legal Officer & Executive VP
  • Lori S. Sundberg, Chief Human Resources Officer & Executive VP (LinkedIn Profile)

What is David Goeckeler's approval rating as Western Digital's CEO?

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.

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).

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 many different retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (2.99%), FIL Ltd (2.38%), Alliancebernstein L.P. (1.96%), Geode Capital Management LLC (1.91%), Sanders Capital LLC (1.78%) and DNB Asset Management AS (1.71%). Company insiders that own Western Digital stock include Gene M Zamiska, Lori S Sundberg, Lori S Sundberg, Michael Charles Ray, Michael D Cordano, 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 Allianz Asset Management GmbH, Point72 Asset Management L.P., Arrowstreet Capital Limited Partnership, Maple Rock Capital Partners Inc., Voloridge Investment Management LLC, Polar Asset Management Partners Inc., Granahan Investment Management Inc. MA, and Crossmark Global Holdings Inc.. Company insiders that have sold Western Digital company stock in the last year include Gene M Zamiska, Lori S Sundberg, and Michael Charles Ray.
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 bought by a variety of institutional investors in the last quarter, including Sanders Capital LLC, DNB Asset Management AS, Franklin Resources Inc., FIL Ltd, Natixis, Caption Management LLC, Jane Street Group LLC, and Citigroup Inc..
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.
Compare Top Brokerages Here.

What is Western Digital's stock price today?

One share of WDC stock can currently be purchased for approximately $57.72.

How much money does Western Digital make?

Western Digital has a market capitalization of $17.99 billion and generates $16.92 billion in revenue each year. The data storage provider earns $821 million in net income (profit) each year or $4.73 on an earnings per share basis.

How many employees does Western Digital have?

Western Digital employs 65,600 workers across the globe.

Does Western Digital have any subsidiaries?

The following companies are subsidiares of Western Digital: Amplidata N.V., Arkeia Software, Crag Technologies, EasyStore Memory Limited, Fusion Multisystems Ltd., Fusion-io (Beijing) Info Tech Co. Ltd, Fusion-io Holdings S.A.R.L., Fusion-io LLC, Fusion-io Poland SP.Z.O.O., Fusion-io Singapore Private Ltd, HGSP (Shenzhen) Co. Ltd., HGSP Holdco Hong Kong Limited, HGST, HGST (Shenzhen) Co. Ltd., HGST (Thailand) Ltd., HGST Asia Pte. Ltd., HGST Consulting (Shanghai) Co. Ltd., HGST Europe Ltd., HGST Inc., HGST Japan Ltd., 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., Kazan Networks, Keen Personal Media Inc., Komag, Pacifica Insurance Corporation, Prestadora SD S. de R.L. de C.V., Read-Rite Philippines Inc., SD International Holdings Ltd., SMART Storage Systems GmbH, STEC Bermuda LP, STEC Europe B.V., STEC International Holding Inc., STEC Italy SRL, STEC R&D Limited, SanDisk, SanDisk (Cayman) Limited, SanDisk (Ireland) Limited, SanDisk 3D IP Holdings Ltd, 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 Equipment Y.K., SanDisk Flash B.V., SanDisk France SAS, SanDisk G.K., SanDisk GmbH, SanDisk Holding B.V., SanDisk Hong Kong Limited, 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 Italy S.R.L., SanDisk Korea Limited, SanDisk LLC, SanDisk Latin America Holdings LLC, SanDisk Limited, SanDisk Malaysia Sdn. Bhd., SanDisk Manufacturing Americas LLC, SanDisk Manufacturing Unlimited Company, SanDisk Operations Holdings Limited, SanDisk Pazarlama Ve Ticaret Limited Sirketi, SanDisk Scotland Limited, SanDisk Semiconductor (Shanghai) Co. Ltd., SanDisk Spain S.L.U., SanDisk Storage Malaysia Sdn. Bhd., SanDisk Sweden AB, SanDisk Switzerland Sarl, SanDisk Taiwan Limited, SanDisk Technologies India Private Limited, SanDisk Technologies LLC, SanDisk Trading (Shanghai) Co. Ltd., SanDisk Trading Holdings Limited, SanDisk UK Limited, Sandbox Expansion LLC, SiliconSystems, Stec's, Suntech Realty Inc., Tegile Systems, Upthere, VeloBit, Virident Systems, Virident Systems International Holdings Ltd., Virident Systems LLC, WD Media (Malaysia) Sdn., WD Media (Singapore) Pte. Ltd., Western Digital (Argentina) S.A., Western Digital (France) SARL, Western Digital (I.S.) Limited, Western Digital (Malaysia) Sdn. Bhd., Western Digital (S.E. Asia) Pte Ltd, Western Digital (Singapore) Pte. Ltd., Western Digital (Thailand) Company Limited, Western Digital (UK) Limited, Western Digital Australia Pty Ltd, Western Digital Canada Corporation, Western Digital Capital Global Ltd., Western Digital Capital LLC, Western Digital Denmark ApS, Western Digital Deutschland GmbH, Western Digital Do Brasil Comercio E Distribuicao De Produtos De Informatica Ltda., Western Digital Federal LLC, Western Digital Hong Kong Limited, Western Digital Information Technology (Shanghai) Company Ltd., Western Digital International Ltd., Western Digital Ireland Ltd., Western Digital Israel Ltd., Western Digital Japan Ltd., Western Digital Korea Ltd., Western Digital Latin America Inc., Western Digital Netherlands B.V., Western Digital Taiwan Co. Ltd., Western Digital Tech and Regional Center (M) Sdn. Bhd., and Western Digital Technologies Inc..

When was Western Digital founded?

Western Digital was founded in 1970.

What is Western Digital's official website?

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

Where are Western Digital's headquarters?

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

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, via email at [email protected], or via fax at 949-672-5408.


This page was last updated on 12/2/2021 by MarketBeat.com Staff

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