Western Digital (WDC) Stock Price
Western Digital Price
Revenue has compounded at 4.6% per year over the past 19 years to 12.92 B USD. Earnings per share have grown at 12.9% per year over the last 19 years. Western Digital's net margin stands at 72.9%, up from 8.2% several years earlier. Western Digital currently offers a dividend yield of about 0.13%. The payout ratio is around 31% of earnings. Analysts set a median price target of 605.00 USD, implying 55.1% above the current price. Of 31 analysts, 24 rate the stock a buy — an overall Buy consensus.
Western Digital stock price
Western Digital business model & stock analysis
Frequently asked questions about Western Digital
The business model of Western Digital Corp revolves around the design, manufacture, and sale of data storage solutions. As a leading provider in the industry, the company offers a wide range of products including hard disk drives (HDDs), solid state drives (SSDs), and cloud data center storage solutions. Western Digital Corp serves various market segments, addressing the storage needs of individuals, businesses, and enterprises. By continually innovating and investing in research and development, the company strives to deliver high-quality, reliable, and scalable storage solutions that empower individuals and organizations to effectively store, access, and protect their valuable data.
Western Digital Corp is primarily active in the technology industry, specializing in data storage solutions. With a focus on developing and manufacturing a wide range of hard drives, solid-state drives, and other data storage devices, Western Digital Corp serves various sectors such as consumer electronics, personal computers, enterprise, data centers, and cloud computing. The company's products cater to the needs of individuals and businesses worldwide, providing reliable and scalable storage solutions for data backup, archiving, and retrieval purposes.
The main competitors of Western Digital Corp in the market include Seagate Technology PLC and Toshiba Corporation.
Western Digital Corp, or simply Western Digital, is a renowned American data storage company. Founded in 1970 by Alvin B. Phillips, it initially specialized in manufacturing semiconductors. Over the years, the company transitioned into the storage industry and has become a market leader in the production of hard drives and solid-state drives. Western Digital offers a wide range of storage solutions for personal, professional, and enterprise applications. With headquarters in California, it operates globally, catering to the needs of diverse sectors such as consumer electronics, data centers, and cloud storage providers. Known for innovation and reliable products, Western Digital Corp continues to drive advancements in the storage market.
Western Digital Corp. has achieved numerous significant milestones throughout its history as a leading data infrastructure company. Some of its notable achievements include pioneering the development of the first 5mm HDD, launching the world's first helium-filled HDD, and introducing innovative SSD solutions for enhanced data storage and retrieval. The company has also expanded its global presence by acquiring SanDisk Corporation, a leader in flash storage solutions. Furthermore, Western Digital Corp.'s consistent focus on research and development has enabled it to continuously deliver cutting-edge technologies and products to cater to the evolving needs of the digital era.
Western Digital Corp is primarily present in various countries and regions around the world. It has a strong global presence, with headquarters in San Jose, California. The company operates in countries such as the United States, China, Japan, India, and many more. Western Digital Corp has established manufacturing facilities, research and development centers, and sales offices in multiple countries to cater to its worldwide customer base. With its dedication to innovation and expanding its reach, Western Digital Corp continues to make a significant impact in the global technology industry.
Western Digital Corp represents values of innovation, collaboration, and customer focus. With a corporate philosophy centered on empowering data-driven insights, Western Digital Corp emphasizes the importance of data storage solutions in enabling organizations and individuals to extract value from their data. By constantly pushing boundaries in technology, Western Digital Corp aims to provide cutting-edge storage devices and solutions that meet the evolving needs of the digital age. Through a customer-centric approach, the company strives to deliver exceptional products and services that enhance data performance, reliability, and security. Western Digital Corp's commitment to excellence has established it as a leading provider in the storage industry.
Analysts currently set an average price target of 647.58 USD for the Western Digital stock (median: 605.00 USD), implying +66.0 % versus the latest price. The consensus is based on 31 analyst ratings.
31 analysts currently rate the Western Digital stock: 24 recommend buying, 7 holding and 0 selling.
Converted at the current exchange rate, the Western Digital share trades at 348.05 EUR (390.02 USD).
The Western Digital share (WDC) is listed on 11 stock exchanges, including: NASDAQ (WDC), London (0QZF.L), SIX (Zürich) (WDC.SW), XETRA (WDC.DE), Frankfurt (WDC.F), München (WDC.MU), Düsseldorf (WDC.DU), Hamburg (WDC.HM).
Western Digital Corporation is a leading provider of data solutions that enable its customers to securely and efficiently store, manage, and share data. The company manufactures a wide range of storage products, including hard drives, SSDs, storage systems, and cloud services. Western Digital is divided into several business segments, including the consumer business, data center systems business, and client devices business. The consumer business includes products such as external hard drives, memory modules, and flash drives for end users. The data center systems business focuses on products for data centers and IT departments, such as server and storage platforms. The client devices business includes products such as internal hard drives and SSDs for computers and mobile devices. An important product from Western Digital is the SanDisk Extreme Pro Portable SSD. This external SSD is especially robust and fast, making it ideal for on-the-go use. Another product is Western Digital's My Passport Wireless SSD. This hard drive offers the advantage of wirelessly transferring data to a mobile device and also serves as a backup solution. Western Digital also has a strong commitment to the cloud. The company offers several cloud services, including the Western Digital MyCloud solution. This solution allows users to securely store their data in the cloud and access their data from anywhere. An important aspect of Western Digital's business model is the constant pursuit of developing new and innovative products. Additionally, the company aims to continue growing through acquisitions and establishing itself in new markets. In 2016, Western Digital acquired SanDisk for approximately $19 billion. This acquisition strengthened the company's presence in the flash memory and cloud technology sectors. In addition, Western Digital focuses on sustainability and strives to reduce its environmental footprint. The company has committed to covering 80% of its electricity consumption from renewable sources by 2030. It has also established a program for recycling and taking back old products. Overall, Western Digital is a company that offers a wide range of storage products for various applications while also being committed to innovation, sustainability, and growth. With its strong presence in the cloud and ability to quickly respond to market changes, Western Digital is well positioned to continue to be successful in the future.
The revenue of Western Digital is 12.92 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of Western Digital is 9.42 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Western Digital is currently 15.56. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Western Digital stock.
The price-to-sales ratio (P/S) of Western Digital is currently 11.35. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Western Digital stock.
The Eulerpool Quality Score for Western Digital is 5/10.
The ISIN of Western Digital is US9581021055. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Western Digital is 863060. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Western Digital is WDC. The ticker symbol is used to trade Western Digital shares on the stock exchange.
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All fundamentals and in-depth analysis of Western Digital
Our stock analysis for Western Digital stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Western Digital. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.