NASDAQ:WDC

Western Digital Stock Forecast, Price & News

$68.89
-1.88 (-2.66 %)
(As of 06/18/2021 11:15 AM ET)
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Today's Range
$68.38
$70.75
50-Day Range
$64.38
$77.17
52-Week Range
$33.53
$78.19
Volume132,186 shs
Average Volume4.74 million shs
Market Capitalization$21.11 billion
P/E Ratio61.51
Dividend YieldN/A
Beta1.6
30 days | 90 days | 365 days | Advanced Chart
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Western Digital logo

About Western Digital

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.

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MarketRank

Overall MarketRank

2.02 out of 5 stars

Computer And Technology Sector

96th out of 1,586 stocks

Computer Storage Devices Industry

3rd out of 7 stocks

Analyst Opinion: 3.4Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Western Digital (NASDAQ:WDC) Frequently Asked Questions

Is Western Digital a buy right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Digital in the last year. There are currently 3 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Western Digital wasn't one of them. MarketBeat thinks these five companies 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 Wednesday, August 4th 2021.
View our earnings forecast for Western Digital
.

How were Western Digital's earnings last quarter?

Western Digital Co. (NASDAQ:WDC) posted its quarterly earnings data on Thursday, April, 29th. The data storage provider reported $1.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.54. The data storage provider earned $4.14 billion during the quarter, compared to the consensus estimate of $3.97 billion. Western Digital had a trailing twelve-month return on equity of 8.34% and a net margin of 2.13%.
View Western Digital's earnings history
.

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 stock has increased by 52.7% and is now trading at $68.91.
View which stocks have been most impacted by COVID-19
.

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

Western Digital issued an update on its fourth quarter 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 1.300-1.600 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.020. The company issued revenue guidance of $4.40 billion-$4.60 billion, compared to the consensus revenue estimate of $4.26 billion.

What price target have analysts set for WDC?

23 equities research analysts have issued twelve-month target prices for Western Digital's stock. Their forecasts range from $50.00 to $124.00. On average, they anticipate Western Digital's stock price to reach $84.45 in the next twelve months. This suggests a possible upside of 22.6% 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:
  • 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, 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 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 number of retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (3.25%), Franklin Resources Inc. (3.12%), Clearbridge Investments LLC (2.73%), FIL Ltd (2.05%), Parnassus Investments CA (1.90%) and Alliancebernstein L.P. (1.84%). Company insiders that own Western Digital stock include Lori S Sundberg, Matthew E Massengill, 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, Russell Investments Group Ltd., Toronto Dominion Bank, FIL Ltd, The Manufacturers Life Insurance Company, Arrowstreet Capital Limited Partnership, Maple Rock Capital Partners Inc., and DnB Asset Management AS.
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 acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Alliancebernstein L.P., Shelter Haven Capital Management L.P., Artemis Investment Management LLP, Schonfeld Strategic Advisors LLC, Factory Mutual Insurance Co., Parnassus Investments CA, and Strs Ohio.
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 $68.91.

How much money does Western Digital make?

Western Digital has a market capitalization of $21.12 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 6/18/2021 by MarketBeat.com Staff
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