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Western Digital NasdaqGS:WDC Stock Report

Last Price

US$60.24

Market Cap

US$20.6b

7D

-7.5%

1Y

14.4%

Updated

20 Dec, 2024

Data

Company Financials +

Western Digital Corporation

NasdaqGS:WDC Stock Report

Market Cap: US$20.6b

My Notes

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US$89.81
FV
32.9% undervalued intrinsic discount
9.44%
Revenue growth p.a.
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2 days ago author updated this narrative

Western Digital Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western Digital
Historical stock prices
Current Share PriceUS$60.24
52 Week HighUS$81.55
52 Week LowUS$48.96
Beta1.39
1 Month Change-5.64%
3 Month Change-9.75%
1 Year Change14.39%
3 Year Change-1.57%
5 Year Change-3.04%
Change since IPO1,033.93%

Recent News & Updates

With An Upcoming Spinoff, Western Digital Could Be Just Getting Started

Dec 08

Is Western Digital (NASDAQ:WDC) A Risky Investment?

Dec 05
Is Western Digital (NASDAQ:WDC) A Risky Investment?

Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

Nov 07
Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

Recent updates

With An Upcoming Spinoff, Western Digital Could Be Just Getting Started

Dec 08

Is Western Digital (NASDAQ:WDC) A Risky Investment?

Dec 05
Is Western Digital (NASDAQ:WDC) A Risky Investment?

Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

Nov 07
Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

Western Digital: Post-Split Plan

Oct 19

An Intrinsic Calculation For Western Digital Corporation (NASDAQ:WDC) Suggests It's 25% Undervalued

Oct 08
An Intrinsic Calculation For Western Digital Corporation (NASDAQ:WDC) Suggests It's 25% Undervalued

Western Digital: Frozen For The Winter - Downgrade To Hold

Oct 03

Is Now An Opportune Moment To Examine Western Digital Corporation (NASDAQ:WDC)?

Sep 17
Is Now An Opportune Moment To Examine Western Digital Corporation (NASDAQ:WDC)?

Western Digital: Positive Move To Spin-Off Flash Memory

Aug 26

Western Digital: A Great Dip To Buy (Rating Upgrade)

Aug 05

Not Many Are Piling Into Western Digital Corporation (NASDAQ:WDC) Stock Yet As It Plummets 26%

Aug 03
Not Many Are Piling Into Western Digital Corporation (NASDAQ:WDC) Stock Yet As It Plummets 26%

Western Digital: A Buy-The-Dip Opportunity Ahead Of Q4 Earnings

Jul 25

Western Digital: Value To Be Unlocked With Flash Spinoff

Jul 03

Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)

Jul 01
Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)

Western Digital Stock: Not Attractive

Jun 20

Western Digital Outperformed Seagate For The First Time In 6 Quarters, But It Isn't Sustainable

May 28

Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt

May 08
Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt

Western Digital: The Upside Is Just Beginning - Initiating With A Buy

Apr 16

Western Digital: Even Without The Spin-Off, The Company Remains Undervalued

Mar 24

Western Digital: Technical Trends Point To Further Consolidations

Feb 15

US$62.98 - That's What Analysts Think Western Digital Corporation (NASDAQ:WDC) Is Worth After These Results

Jan 27
US$62.98 - That's What Analysts Think Western Digital Corporation (NASDAQ:WDC) Is Worth After These Results

Estimating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)

Jan 08
Estimating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)

Investors Aren't Entirely Convinced By Western Digital Corporation's (NASDAQ:WDC) Revenues

Dec 24
Investors Aren't Entirely Convinced By Western Digital Corporation's (NASDAQ:WDC) Revenues

Shareholder Returns

WDCUS TechUS Market
7D-7.5%2.4%-2.4%
1Y14.4%31.4%23.3%

Return vs Industry: WDC underperformed the US Tech industry which returned 31.4% over the past year.

Return vs Market: WDC underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is WDC's price volatile compared to industry and market?
WDC volatility
WDC Average Weekly Movement5.4%
Tech Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: WDC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WDC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197051,000Irving Tanwww.westerndigital.com

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and 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. The company also provides enterprise HDDs; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, artificial intelligence-related workloads, data analysis, and other enterprise applications; and data storage platforms.

Western Digital Corporation Fundamentals Summary

How do Western Digital's earnings and revenue compare to its market cap?
WDC fundamental statistics
Market capUS$20.61b
Earnings (TTM)US$329.00m
Revenue (TTM)US$14.35b

63.3x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WDC income statement (TTM)
RevenueUS$14.35b
Cost of RevenueUS$9.98b
Gross ProfitUS$4.37b
Other ExpensesUS$4.04b
EarningsUS$329.00m

Last Reported Earnings

Sep 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.95
Gross Margin30.45%
Net Profit Margin2.29%
Debt/Equity Ratio62.3%

How did WDC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/27
Annual Earnings2024/06/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western Digital Corporation is covered by 69 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nam Hyung KimArete Research Services LLP
James KelleherArgus Research Company
Phillip AllingAtlantic Equities LLP