QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
Log in
NASDAQ:WDC

Western Digital Stock Forecast, Price & News

$68.86
+0.79 (+1.16 %)
(As of 03/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$68.79
Now: $68.86
$71.18
50-Day Range
$50.71
MA: $61.60
$72.21
52-Week Range
$27.40
Now: $68.86
$72.98
Volume6.92 million shs
Average Volume5.39 million shs
Market Capitalization$21.08 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.49
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

Headlines

Notable Wednesday Option Activity: AVGO, WDC, BXP
February 24, 2021 |  nasdaq.com
Better Buy: Western Digital vs. Intel Corporation
February 21, 2021 |  nasdaq.com
This Is Where the Real Stock Market Bubble Is
February 15, 2021 |  finance.yahoo.com
Return On Capital Employed Overview: Western Digital
February 11, 2021 |  finance.yahoo.com
Is Western Digital (WDC) Stock a Suitable Value Pick Now?
February 8, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryComputer Storage & Peripherals
Current SymbolNASDAQ:WDC
CUSIP95810210
Phone408-717-6000
Employees63,800
Year Founded1970

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.74 billion
Cash Flow$12.78 per share
Book Value$31.87 per share

Profitability

Net Income$-250,000,000.00

Miscellaneous

Market Cap$21.08 billion
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.81 out of 5 stars

Computer And Technology Sector

171st out of 1,525 stocks

Computer Storage Devices Industry

5th out of 7 stocks

Analyst Opinion: 2.4Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$68.86
+0.79 (+1.16 %)
(As of 03/8/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive WDC News and Ratings via Email

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

speech bubbles
speech bubbles











Western Digital (NASDAQ:WDC) Frequently Asked Questions

Is Western Digital a buy right now?

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.

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.

Are investors shorting Western Digital?

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
.

When is Western Digital's next earnings date?

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

How were Western Digital's earnings last quarter?

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
.

How has Western Digital's stock price 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 stock has increased by 52.5% and is now trading at $68.86.
View which stocks have been most impacted by COVID-19
.

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

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.

What price target have analysts set for WDC?

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.

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) (LinkedIn Profile)
  • Mr. Robert K. Eulau, Exec. VP & CFO (Age 59, Pay $1.77M) (LinkedIn Profile)
  • Dr. Srinivasan Sivaram, Pres of Technology & Strategy (Age 61, Pay $1.52M) (LinkedIn Profile)
  • Mr. Michael Charles Ray, Chief Legal Officer, Exec. VP & Sec. (Age 53, Pay $1.67M) (LinkedIn Profile)
  • Ms. Lori Sundberg Sundberg, Exec. VP & Chief HR Officer (Age 57, Pay $1.09M) (LinkedIn Profile)
  • 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 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 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
.

Which major investors are selling Western Digital stock?

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.

Which major investors are buying Western Digital stock?

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.

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 $68.86.

How much money does Western Digital make?

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.

How many employees does Western Digital have?

Western Digital employs 63,800 workers across the globe.

Does Western Digital have any subsidiaries?

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.

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 or via email at [email protected]


This page was last updated on 3/8/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.