Western Digital Corp [NASDAQ: WDC] price surged by 3.04 percent to reach at $1.94.
The one-year WDC stock forecast points to a potential downside of -7.84. The average equity rating for WDC stock is currently 1.46, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $61.00 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 1.46. 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.
JP Morgan have made an estimate for Western Digital Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 01, 2025. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $80 to $58. The new note on the price target was released on May 01, 2025, representing the official price target for Western Digital Corp stock.
The Price to Book ratio for the last quarter was 4.43, 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 22.30 with Quick ratio for the last quarter at 1.31.
WDC Stock Performance Analysis:
Western Digital Corp [WDC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.16. With this latest performance, WDC shares gained by 26.04% in over the last four-week period, additionally plugging by 43.42% over the last 6 months – not to mention a rise of 45.99% in the past year of trading.
Insight into Western Digital Corp Fundamentals:
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%.
Western Digital Corp [WDC] Institutonal Ownership Details
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%.
