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.

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.
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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 will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Western Digital's stock was trading at $45.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WDC shares have increased by 48.2% and is now trading at $66.88.
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Western Digital issued an update on its third quarter earnings guidance on Thursday, January, 28th. The company provided earnings per share (EPS) guidance of $0.55-0.75 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 1-year target prices for Western Digital's stock. Their forecasts range from $42.00 to $124.00. On average, they expect Western Digital's stock price to reach $74.29 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
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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).
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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 retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (1.54%), New York State Teachers Retirement System (0.12%), Nexus Investment Management ULC (0.11%), Oregon Public Employees Retirement Fund (0.07%), State of Alaska Department of Revenue (0.04%) and Retirement Systems of Alabama (0.04%). Company insiders that own Western Digital stock include Lori S Sundberg, 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 DnB Asset Management AS, Moody National Bank Trust Division, Sentry Investment Management LLC, New York State Teachers Retirement System, State of Alaska Department of Revenue, Retirement Systems of Alabama, Nexus Investment Management ULC, and BOKF NA. 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 Taylor Wealth Management Partners, International Assets Investment Management LLC, Everence Capital Management Inc., Toth Financial Advisory Corp, McGuire Investment Group LLC, Mcdonald Partners LLC, Old Port Advisors, and Royal London Asset Management Ltd..
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 $66.88.

Western Digital has a market capitalization of $20.47 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]