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WDC

Western Digital Corporation

WDC

NASDAQ·Technology·Computer Hardware·Mkt cap $206.2B

$538.99

-9.92%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$63.67 - $799.87

P/E

31.56

Fwd P/E

30.03

Beta

2.20

Div Yield

0.08%

Avg Vol

8.4M

Shares Out

344.7M

Mkt Cap

$206.2B

Price action

Price chart

Up 809.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Vertically integrated manufacturing with in-house NAND flash production capabilities
  • Diversified product portfolio spanning HDDs, SSDs, and embedded flash across multiple markets
  • Strong brand portfolio (WD, SanDisk, G-Technology) with established OEM and retail relationships
  • Decades of storage technology expertise and R&D investment in next-generation storage solutions
  • Global distribution network and manufacturing presence across key markets

Bear Case

2 risks

  • High volatility (beta 2.2). Larger-than-normal price swings expected.
  • Significant premium - growth priced in

Growth

Strong growth ahead

Increasing global data creation from cloud computing, AI, and big data analytics

Value

Significant premium - growth priced in

Momentum

Hot

+102.9% over 3m

Quality

Strong

Excellent business quality

Dividend

Token

0.08% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 23, 2026

Q2 26 RECAP

APR 30, 2026

Reported EPS of $2.72 vs $2.39 consensus (+13.8% surprise). Revenue of $3.3B vs $3.2B expected (+2.8%). Beat on both top and bottom lines.

EPS beat +13.8%
Rev beat +2.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+13.8%

Next: Apr 23, 2026

Revenue trend · last 8Q

+41%

+31%

-31%

-31%

-30%

+45%

Q4 24

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 26

Q3 26

$3.8B

$4.1B

$4.3B

$2.3B

$2.6B

$2.8B

$3.0B

$3.3B

Margins · last 8Q

Gross

50.2%

Operating

35.7%

Profit

96.0%

Wall Street consensus

17 analysts · 76% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

13

76%

Hold

4

24%

Sell

0%

Median Price Target

$500.00

-7.2% vs $538.99

Low $350.00
Median $500.00
High $1,050.00

Latest: Melius · $1,050.00 · Jun 29, 2026

11 analysts covering

vs Industry

How WDC stacks vs Computer Hardware

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.