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Western Digital NasdaqGS:WDC Stock Report

Last Price

US$65.59

Market Cap

US$22.5b

7D

4.6%

1Y

42.7%

Updated

02 Sep, 2024

Data

Company Financials +

Western Digital Corporation

NasdaqGS:WDC Stock Report

Market Cap: US$22.5b

WDC Stock Overview

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.

WDC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Community Narratives

Narratives bring a range of perspectives from our community.

US$89.80
FV
27.0% undervalued intrinsic discount
13.45%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
26 days agoauthor updated this narrative

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$65.59
52 Week HighUS$81.55
52 Week LowUS$35.62
Beta1.37
11 Month Change14.61%
3 Month Change-11.29%
1 Year Change42.71%
33 Year Change6.81%
5 Year Change4.53%
Change since IPO1,134.64%

Recent News & Updates

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%

Recent updates

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

Western Digital (NASDAQ:WDC) Is Carrying A Fair Bit Of Debt

Dec 08
Western Digital (NASDAQ:WDC) Is Carrying A Fair Bit Of Debt

Is It Time To Consider Buying Western Digital Corporation (NASDAQ:WDC)?

Nov 23
Is It Time To Consider Buying Western Digital Corporation (NASDAQ:WDC)?

Is Western Digital Corporation (NASDAQ:WDC) Trading At A 26% Discount?

Sep 04
Is Western Digital Corporation (NASDAQ:WDC) Trading At A 26% Discount?

When Should You Buy Western Digital Corporation (NASDAQ:WDC)?

Aug 12
When Should You Buy Western Digital Corporation (NASDAQ:WDC)?

Is Western Digital (NASDAQ:WDC) Using Too Much Debt?

Jul 25
Is Western Digital (NASDAQ:WDC) Using Too Much Debt?

A Look At The Intrinsic Value Of Western Digital Corporation (NASDAQ:WDC)

Jun 01
A Look At The Intrinsic Value Of Western Digital Corporation (NASDAQ:WDC)

Is Now The Time To Look At Buying Western Digital Corporation (NASDAQ:WDC)?

May 11
Is Now The Time To Look At Buying Western Digital Corporation (NASDAQ:WDC)?

Here's Why Western Digital (NASDAQ:WDC) Has A Meaningful Debt Burden

Apr 17
Here's Why Western Digital (NASDAQ:WDC) Has A Meaningful Debt Burden

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

Feb 20
Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)

Why Western Digital Corporation (NASDAQ:WDC) Could Be Worth Watching

Jan 25
Why Western Digital Corporation (NASDAQ:WDC) Could Be Worth Watching

Western Digital (NASDAQ:WDC) Is Finding It Tricky To Allocate Its Capital

Jan 01
Western Digital (NASDAQ:WDC) Is Finding It Tricky To Allocate Its Capital

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

Nov 22
Is Western Digital (NASDAQ:WDC) A Risky Investment?

Increases to CEO Compensation Might Be Put On Hold For Now at Western Digital Corporation (NASDAQ:WDC)

Nov 10
Increases to CEO Compensation Might Be Put On Hold For Now at Western Digital Corporation (NASDAQ:WDC)

Shareholder Returns

WDCUS TechUS Market
7D4.6%0.4%0.5%
1Y42.7%21.1%22.7%

Return vs Industry: WDC exceeded the US Tech industry which returned 21.1% over the past year.

Return vs Market: WDC exceeded the US Market which returned 22.7% over the past year.

Price Volatility

Is WDC's price volatile compared to industry and market?
WDC volatility
WDC Average Weekly Movement6.5%
Tech Industry Average Movement7.3%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: WDC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197051,000David Goeckelerwww.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$22.53b
Earnings (TTM)-US$852.00m
Revenue (TTM)US$13.00b

1.7x

P/S Ratio

-26.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WDC income statement (TTM)
RevenueUS$13.00b
Cost of RevenueUS$10.10b
Gross ProfitUS$2.91b
Other ExpensesUS$3.76b
Earnings-US$852.00m

Last Reported Earnings

Jun 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.48
Gross Margin22.36%
Net Profit Margin-6.55%
Debt/Equity Ratio67.3%

How did WDC perform over the long term?

See historical performance and comparison