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WDC

Western Digital NasdaqGS:WDC Stock Report

Last Price

US$48.72

Market Cap

US$15.3b

7D

-0.7%

1Y

-18.2%

Updated

18 Aug, 2022

Data

Company Financials +
WDC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends0/6

WDC Stock Overview

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.

Western Digital Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Digital
Historical stock prices
Current Share PriceUS$48.72
52 Week HighUS$69.99
52 Week LowUS$41.63
Beta1.48
1 Month Change0.33%
3 Month Change-14.24%
1 Year Change-18.21%
3 Year Change-14.44%
5 Year Change-45.53%
Change since IPO1,029.74%

Recent News & Updates

Aug 06
Analysts Just Shaved Their Western Digital Corporation (NASDAQ:WDC) Forecasts Dramatically

Analysts Just Shaved Their Western Digital Corporation (NASDAQ:WDC) Forecasts Dramatically

The analysts covering Western Digital Corporation ( NASDAQ:WDC ) delivered a dose of negativity to shareholders today...

Aug 04

Western Digital FQ4 2022 Earnings Preview

Western Digital (NASDAQ:WDC) is scheduled to announce FQ4 earnings results on Friday, August 5th, before market open. The consensus EPS Estimate is $1.74 (-19.4% Y/Y) and the consensus Revenue Estimate is $4.58B (-6.5% Y/Y). Over the last 2 years, WDC has beaten EPS estimates 100% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 4 upward revisions and 10 downward. Revenue estimates have seen 4 upward revisions and 9 downward.

Shareholder Returns

WDCUS TechUS Market
7D-0.7%3.3%1.4%
1Y-18.2%17.9%-8.4%

Return vs Industry: WDC underperformed the US Tech industry which returned 18.3% over the past year.

Return vs Market: WDC underperformed the US Market which returned -9% over the past year.

Price Volatility

Is WDC's price volatile compared to industry and market?
WDC volatility
WDC Average Weekly Movement6.0%
Tech Industry Average Movement7.7%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: WDC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: WDC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197065,600David Goeckelerhttps://www.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 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; and flash-based memory wafers. 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 for data storage systems and tiered storage models; 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$15.26b
Earnings (TTM)US$1.50b
Revenue (TTM)US$18.79b

10.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WDC income statement (TTM)
RevenueUS$18.79b
Cost of RevenueUS$12.72b
Gross ProfitUS$6.07b
Other ExpensesUS$4.57b
EarningsUS$1.50b

Last Reported Earnings

Jul 01, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.79
Gross Margin32.32%
Net Profit Margin7.98%
Debt/Equity Ratio57.5%

How did WDC perform over the long term?

See historical performance and comparison