Western Digital Corp [NASDAQ: WDC] gained 0.90% on the last trading session, reaching $67.53 price per share at the time.
Western Digital Corp represents 349.00 million in outstanding shares, while the company has a total market value of $23.56 billion with the latest information. WDC stock price has been found in the range of $67.17 to $68.06.
If compared to the average trading volume of 6.56M shares, WDC reached a trading volume of 6334601 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Western Digital Corp [WDC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WDC shares is $63.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WDC stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Western Digital Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 10, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price to Overweight. The new note on the price target was released on May 01, 2025, representing the official price target for Western Digital Corp stock. Previously, the target price had yet another drop from $80 to $58, while TD Cowen kept a Buy rating on WDC stock.
The Price to Book ratio for the last quarter was 4.55, with the Price to Cash per share for the same quarter was set at 14.01. Price to Free Cash Flow for WDC in the course of the last twelve months was 22.90 with Quick ratio for the last quarter at 1.31.
Trading performance analysis for WDC stock
Western Digital Corp [WDC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.48. With this latest performance, WDC shares gained by 21.06% in over the last four-week period, additionally plugging by 42.26% over the last 6 months – not to mention a rise of 49.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WDC stock in for the last two-week period is set at 80.03, with the RSI for the last a single of trading hit 1.59, and the three-weeks RSI is set at 1.62 for Western Digital Corp [WDC]. The present Moving Average for the last 50 days of trading for this stock 55.74, while it was recorded at 66.06 for the last single week of trading, and 49.19 for the last 200 days.
Western Digital Corp [WDC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Western Digital Corp [WDC] shares currently have an operating margin of 22.00% and a Gross Margin at 40.09%. Western Digital Corp’s Net Margin is presently recorded at 12.97%.
Return on Equity for this stock inclined to 10.83%, with Return on Assets sitting at 10.83%.
An analysis of Institutional ownership at Western Digital Corp [WDC]
There are presently around $104.36%, or 105.14% of WDC stock, in the hands of institutional investors. The top three institutional holders of WDC stocks are: VANGUARD GROUP INC with ownership of 38.83 million shares, which is approximately 11.6601%. BLACKROCK INC., holding 28.09 million shares of the stock with an approximate value of $$2.13 billion in WDC stocks shares; and BLACKROCK INC., currently with $$1.56 billion in WDC stock with ownership which is approximately 6.1781%.