Western Digital/WDC

$75.25

-2.82%
-
1D1W1MYTD1YMAX

About Western Digital

Western Digital Corporation (Western Digital) is a developer, manufacturer, and provider of data storage devices and solutions based on both NAND flash and hard disk drive technologies. It sells data storage devices and solutions in the United States and in foreign countries through its sales personnel, dealers, distributors, retailers, and subsidiaries. It has two segments: flash-based products (Flash) and hard disk drives (HDD). Flash products provide non-volatile data storage based on flash technology. It develops and manufactures solid state storage products for a variety of applications including enterprise or cloud storage, client storage, automotive, mobile devices, and removable memory devices. HDD products provide non-volatile data storage by recording magnetic information on a rotating disk. It develops and manufactures substantially all the recording heads and magnetic media used in its HDD products. Its portfolio of technology and products address multiple end markets.

Ticker

WDC

Sector

Technology

Trading on

NASDAQ

Industry

Computer Storage Devices

CEO

David Goeckeler

Employees

53,000

Headquarters

San jose, United States

Western Digital Metrics

BasicAdvanced
$25B
Market cap
-
P/E ratio
-$5.02
EPS
1.44
Beta
-
Dividend rate
$25B
1.43777
$76.92
$35.62
6.7M
1.858
1.065
66.545
70.637
-2.86%
-6.34%
-14.83%
-7.83%
2.087
2.452
28.092
-15.97%
-134.88%
-9.71%

What the Analysts think about Western Digital

Analyst Ratings

Majority rating from 26 analysts.
Buy

Price Targets

Average projection from 20 analysts.
15.08% upside
High $100.00
Low $65.00
$75.25
Current price
$86.60
Average price target

Western Digital Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.9% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$3.5B
-40.21%
Net income
$135M
-113.89%
Profit margin
3.9%
-123.2%

Western Digital Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 203.65%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
-$1.98
-$1.76
-$0.69
$0.63
-
Expected
-$2.01
-$1.90
-$1.13
$0.21
$1.15
Surprise
-1.65%
-7.6%
-39.09%
203.65%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Western Digital stock?

Western Digital (WDC) has a market cap of $25B as of May 30, 2024.

What is the P/E ratio for Western Digital stock?

The price to earnings (P/E) ratio for Western Digital (WDC) stock is 0 as of May 30, 2024.

Does Western Digital stock pay dividends?

No, Western Digital (WDC) stock does not pay dividends to its shareholders as of May 30, 2024.

When is the next Western Digital dividend payment date?

Western Digital (WDC) stock does not pay dividends to its shareholders.

What is the beta indicator for Western Digital?

Western Digital (WDC) has a beta rating of 1.44. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Western Digital stock price target?

The target price for Western Digital (WDC) stock is $86.6, which is 14.63% above the current price of $75.55. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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