WDC Chart
About

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 99.48B
Enterprise Value — Income 3.95B Sales 10.73B
Book/sh 20.91 Cash/sh — Dividend Yield 18.00%
Payout 3.07% Employees 40000 IPO —
P/E 27.50 Forward P/E 21.63 PEG —
P/S 9.27 P/B 13.91 P/C —
EV/EBITDA — EV/Sales — Quick Ratio 1.11
Current Ratio 1.46 Debt/Eq — LT Debt/Eq —
EPS (ttm) 10.58 EPS next Y 13.45 EPS Growth —
Revenue Growth — Earnings 2026-05-06 ROA 9.15%
ROE 41.13% ROIC — Gross Margin 42.72%
Oper. Margin 15.40% Profit Margin 35.64% Shs Outstand 339.04M
Shs Float 336.68M Short Float 10.52% Short Ratio 3.22
Short Interest — 52W High 309.90 52W Low 28.83
Beta 1.84 Avg Volume 9.21M Volume 9.78M
Target Price $321.00 Recom Buy Prev Close $270.57
Price $290.95 Change 7.53%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$321.00
Mean price target
2. Current target
$290.95
Latest analyst target
3. DCF / Fair value
$207.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$290.95
Low
$170.00
High
$440.00
Mean
$321.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-09 reit Wedbush Outperform → Outperform $325
2026-02-04 main Goldman Sachs Neutral → Neutral $250
2026-02-04 main Citigroup Buy → Buy $335
2026-02-04 main Cantor Fitzgerald Overweight → Overweight $420
2026-02-04 main Rosenblatt Buy → Buy $340
2026-02-04 main Mizuho Outperform → Outperform $340
2026-02-02 main Citigroup Buy → Buy $325
2026-02-02 main Barclays Overweight → Overweight $325
2026-01-30 main TD Cowen Buy → Buy $325
2026-01-30 main Goldman Sachs Neutral → Neutral $220
2026-01-30 main Morgan Stanley Overweight → Overweight $306
2026-01-30 main Wells Fargo Overweight → Overweight $335
2026-01-30 main Cantor Fitzgerald Overweight → Overweight $325
2026-01-30 main Wedbush Outperform → Outperform $325
2026-01-27 main Mizuho Outperform → Outperform $265
2026-01-22 main Morgan Stanley Overweight → Overweight $260
2026-01-20 main UBS Neutral → Neutral $230
2026-01-20 main Citigroup Buy → Buy $280
2026-01-20 main B of A Securities Buy → Buy $257
2026-01-20 main Rosenblatt Buy → Buy $270
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 438 123662.0 — Sale at price 281.70 - 283.83 per share. TREGILLIS CYNTHIA LOCK Officer — 2026-02-24 00:00:00 D
1 12 nan — — TREGILLIS CYNTHIA LOCK Officer — 2026-02-20 00:00:00 D
2 32 nan — — TAN IRVING Chief Executive Officer — 2026-02-20 00:00:00 D
3 10000 2791603.0 — Sale at price 272.97 - 285.01 per share. DAVIS BRIAN SCOTT Officer — 2026-02-17 00:00:00 D
4 910 — — Stock Gift at price 0.00 per share. KIDDOO BRUCE E Director — 2026-02-12 00:00:00 D
5 6780 1833922.0 — Sale at price 270.49 per share. TREGILLIS CYNTHIA LOCK Officer — 2026-02-06 00:00:00 D
6 36926 9616466.0 — Sale at price 256.63 - 268.06 per share. MASSENGILL MATTHEW E Director — 2026-02-05 00:00:00 I
7 20000 5108831.0 — Sale at price 242.23 - 262.55 per share. TAN IRVING Chief Executive Officer — 2026-02-02 00:00:00 D
8 447 102363.0 — Sale at price 229.00 per share. TREGILLIS CYNTHIA LOCK Officer — 2026-01-21 00:00:00 D
9 11 nan — — TREGILLIS CYNTHIA LOCK Officer — 2026-01-20 00:00:00 D
Financials
Line Item2025-06-302024-06-302023-06-302022-06-30
TaxEffectOfUnusualItems-140.28M-105.00M-30.66M-12.47M
TaxRateForCalcs0.210.210.210.29
NormalizedEBITDA2.61B743.00M435.00M3.45B
TotalUnusualItems-668.00M-500.00M-146.00M-43.00M
TotalUnusualItemsExcludingGoodwill-668.00M-500.00M-146.00M-43.00M
NetIncomeFromContinuingOperationNetMinorityInterest1.61B-765.00M-902.00M1.55B
ReconciledDepreciation451.00M568.00M828.00M929.00M
ReconciledCostOfRevenue5.83B4.54B4.86B12.92B
EBITDA1.94B243.00M289.00M3.40B
EBIT1.49B-325.00M-539.00M2.48B
NetInterestIncome-312.00M-381.00M-291.00M-298.00M
InterestExpense357.00M414.00M310.00M304.00M
InterestIncome45.00M33.00M19.00M6.00M
NormalizedIncome2.14B-370.00M-786.66M1.58B
NetIncomeFromContinuingAndDiscontinuedOperation1.86B-798.00M-1.68B1.55B
TotalExpenses7.39B6.22B6.66B16.36B
TotalOperatingIncomeAsReported2.33B-403.00M-548.00M2.39B
DilutedAverageShares359.00M326.00M318.00M316.00M
BasicAverageShares347.00M326.00M318.00M312.00M
DilutedEPS5.12-2.61-5.444.75
BasicEPS5.31-2.61-5.444.81
DilutedNIAvailtoComStockholders1.84B-852.00M-1.71B1.55B
AverageDilutionEarnings1.00M
NetIncomeCommonStockholders1.84B-852.00M-1.71B1.55B
OtherunderPreferredStockDividend4.00M
PreferredStockDividends17.00M54.00M24.00M
NetIncome1.86B-798.00M-1.68B1.55B
MinorityInterests-28.00M
NetIncomeIncludingNoncontrollingInterests1.89B-798.00M-1.68B1.55B
NetIncomeDiscontinuousOperations246.00M-33.00M-782.00M
NetIncomeContinuousOperations1.64B-765.00M-902.00M1.55B
TaxProvision-513.00M26.00M53.00M625.00M
PretaxIncome1.13B-739.00M-849.00M2.17B
OtherIncomeExpense-688.00M-455.00M-156.00M35.00M
OtherNonOperatingIncomeExpenses-20.00M45.00M-10.00M78.00M
SpecialIncomeCharges-668.00M-500.00M-146.00M-43.00M
GainOnSaleOfPPE0.000.008.00M7.00M
GainOnSaleOfBusiness-772.00M
OtherSpecialCharges-106.00M320.00M5.00M
WriteOff0.00146.00M19.00M0.00
RestructuringAndMergernAcquisition2.00M34.00M130.00M50.00M
NetNonOperatingInterestIncomeExpense-312.00M-381.00M-291.00M-298.00M
InterestExpenseNonOperating357.00M414.00M310.00M304.00M
InterestIncomeNonOperating45.00M33.00M19.00M6.00M
OperatingIncome2.13B97.00M-402.00M2.43B
OperatingExpense1.56B1.68B1.79B3.44B
ResearchAndDevelopment994.00M950.00M986.00M2.32B
SellingGeneralAndAdministration568.00M726.00M807.00M1.12B
GrossProfit3.69B1.77B1.39B5.87B
CostOfRevenue5.83B4.54B4.86B12.92B
TotalRevenue9.52B6.32B6.25B18.79B
OperatingRevenue9.52B6.32B6.25B18.79B
Line Item2022-06-302021-06-30
TreasurySharesNumber0.004.00M
OrdinarySharesNumber347.00M343.00M322.00M315.00M
ShareIssued347.00M343.00M322.00M315.00M
NetDebt2.60B5.88B5.05B4.70B
TotalDebt4.71B7.43B7.07B7.02B
TangibleBookValue992.00M6.50B847.00M1.97B
InvestedCapital10.02B18.25B18.03B19.24B
WorkingCapital438.00M1.97B2.45B4.22B
NetTangibleAssets1.22B6.73B1.72B1.97B
CommonStockEquity5.31B10.82B10.96B12.22B
PreferredStockEquity229.00M229.00M876.00M
TotalCapitalization8.03B16.73B17.70B19.24B
TotalEquityGrossMinorityInterest5.54B11.05B11.84B12.22B
StockholdersEquity5.54B11.05B11.84B12.22B
GainsLossesNotAffectingRetainedEarnings20.00M-712.00M-548.00M-554.00M
OtherEquityAdjustments20.00M-712.00M-548.00M-554.00M
TreasuryStock95.00M0.000.000.00
RetainedEarnings762.00M6.78B7.57B9.04B
AdditionalPaidInCapital4.62B4.75B3.94B3.73B
CapitalStock232.00M232.00M879.00M3.00M
CommonStock3.00M3.00M3.00M3.00M
PreferredStock229.00M229.00M876.00M0.00
TotalLiabilitiesNetMinorityInterest8.46B13.14B12.71B14.04B
TotalNonCurrentLiabilitiesNetMinorityInterest3.04B7.05B7.27B8.80B
OtherNonCurrentLiabilities396.00M359.00M543.00M643.00M
LiabilitiesHeldforSaleNonCurrent0.00368.00M
PreferredSecuritiesOutsideStockEquity876.00M0.00
TradeandOtherPayablesNonCurrent163.00M643.00M872.00M1.14B
LongTermDebtAndCapitalLeaseObligation2.48B5.68B5.86B7.02B
LongTermDebt2.48B5.68B5.86B7.02B
CurrentLiabilities5.42B6.09B5.43B5.24B
OtherCurrentLiabilities1.32B
CurrentDebtAndCapitalLeaseObligation2.23B1.75B1.21B251.00M
CurrentDebt2.23B1.75B1.21B251.00M
PensionandOtherPostRetirementBenefitPlansCurrent407.00M435.00M349.00M510.00M
PayablesAndAccruedExpenses2.79B2.58B3.87B4.73B
CurrentAccruedExpenses719.00M1.05B1.29B1.64B
Payables2.07B1.52B2.58B3.09B
TotalTaxPayable800.00M471.00M999.00M869.00M
IncomeTaxPayable800.00M471.00M999.00M869.00M
AccountsPayable1.27B1.05B1.58B2.22B
TotalAssets14.00B24.19B24.55B26.26B
TotalNonCurrentAssets8.15B16.13B16.66B16.81B
OtherNonCurrentAssets477.00M9.22B1.51B1.49B
NonCurrentDeferredAssets1.01B225.00M
NonCurrentDeferredTaxesAssets1.01B225.00M
NonCurrentNoteReceivables991.00M1.41B1.40B1.59B
GoodwillAndOtherIntangibleAssets4.32B4.32B10.12B10.25B
OtherIntangibleAssets78.00M80.00M213.00M442.00M
Goodwill4.32B4.32B10.04B10.04B
NetPPE2.34B2.36B3.62B3.67B
AccumulatedDepreciation-6.74B-6.62B-8.63B-8.30B
GrossPPE9.09B8.97B12.25B11.97B
ConstructionInProgress532.00M685.00M798.00M591.00M
MachineryFurnitureEquipment6.78B6.65B9.23B9.19B
BuildingsAndImprovements1.55B1.42B1.96B1.92B
LandAndImprovements225.00M225.00M269.00M269.00M
Properties0.000.000.000.00
CurrentAssets5.86B8.06B7.89B9.45B
OtherCurrentAssets965.00M360.00M567.00M684.00M
AssetsHeldForSaleCurrent0.003.53B
Inventory1.29B1.39B3.70B3.64B
FinishedGoods279.00M229.00M623.00M873.00M
WorkInProcess785.00M829.00M979.00M1.16B
RawMaterials227.00M329.00M2.10B1.60B
Receivables1.49B1.23B1.60B2.80B
AccountsReceivable1.49B1.23B1.60B2.80B
CashCashEquivalentsAndShortTermInvestments2.11B1.55B2.02B2.33B
CashAndCashEquivalents2.11B1.55B2.02B2.33B
Line Item2025-06-302024-06-302023-06-302022-06-30
FreeCashFlow1.28B-781.00M-1.23B758.00M
RepurchaseOfCapitalStock-149.00M-5.00M0.000.00
RepaymentOfDebt-2.09B-2.61B-1.18B-3.62B
IssuanceOfDebt2.15B3.00B1.18B1.89B
IssuanceOfCapitalStock0.00881.00M0.000.00
CapitalExpenditure-412.00M-487.00M-821.00M-1.12B
InterestPaidSupplementalData367.00M396.00M294.00M245.00M
IncomeTaxPaidSupplementalData789.00M920.00M177.00M423.00M
EndCashPosition2.11B1.88B2.02B2.33B
BeginningCashPosition1.88B2.02B2.33B3.37B
EffectOfExchangeRateChanges6.00M-10.00M-9.00M-13.00M
ChangesInCash229.00M-134.00M-295.00M-1.03B
FinancingCashFlow-1.61B187.00M875.00M-1.72B
CashFlowFromContinuingFinancingActivities-1.61B187.00M875.00M-1.72B
NetOtherFinancingCharges-1.55B-279.00M-99.00M-113.00M
ProceedsFromStockOptionExercised77.00M80.00M93.00M122.00M
CashDividendsPaid-44.00M0.000.000.00
NetPreferredStockIssuance0.00-5.00M881.00M0.00
PreferredStockPayments-5.00M
PreferredStockIssuance0.00881.00M0.000.00
NetCommonStockIssuance-149.00M0.000.000.00
CommonStockPayments-149.00M0.000.000.00
NetIssuancePaymentsOfDebt56.00M391.00M0.00-1.73B
NetShortTermDebtIssuance0.00
ShortTermDebtPayments0.00
NetLongTermDebtIssuance56.00M391.00M0.00-1.73B
LongTermDebtPayments-2.09B-2.61B-1.18B-3.62B
LongTermDebtIssuance2.15B3.00B1.18B1.89B
InvestingCashFlow150.00M-27.00M-762.00M-1.19B
CashFlowFromContinuingInvestingActivities150.00M-27.00M-762.00M-1.19B
NetOtherInvestingChanges-27.00M239.00M14.00M-91.00M
DividendsReceivedCFI175.00M0.000.00
NetInvestmentPurchaseAndSale8.00M26.00M31.00M-26.00M
SaleOfInvestment31.00M7.00M
PurchaseOfInvestment-26.00M0.00
NetBusinessPurchaseAndSale401.00M0.000.0032.00M
SaleOfBusiness401.00M0.000.0032.00M
PurchaseOfBusiness0.000.00
NetPPEPurchaseAndSale-407.00M-292.00M-807.00M-1.11B
SaleOfPPE5.00M195.00M14.00M15.00M
PurchaseOfPPE-412.00M-487.00M-821.00M-1.12B
OperatingCashFlow1.69B-294.00M-408.00M1.88B
CashFlowFromContinuingOperatingActivities1.69B-294.00M-408.00M1.88B
ChangeInWorkingCapital-1.03B-307.00M92.00M-1.07B
ChangeInOtherWorkingCapital-905.00M-342.00M-183.00M-349.00M
ChangeInPayablesAndAccruedExpense204.00M247.00M-871.00M-158.00M
ChangeInAccruedExpense-412.00M456.00M-514.00M123.00M
ChangeInPayable616.00M-209.00M-357.00M-281.00M
ChangeInAccountPayable268.00M265.00M-487.00M-207.00M
ChangeInTaxPayable348.00M-474.00M130.00M-74.00M
ChangeInIncomeTaxPayable348.00M-474.00M130.00M-74.00M
ChangeInInventory-409.00M356.00M-60.00M-22.00M
ChangeInReceivables79.00M-568.00M1.21B-546.00M
ChangesInAccountReceivables79.00M-568.00M1.21B-546.00M
OtherNonCashItems103.00M38.00M74.00M63.00M
StockBasedCompensation265.00M295.00M318.00M326.00M
AssetImpairmentCharge2.00M158.00M19.00M0.00
DeferredTax-745.00M-161.00M-48.00M116.00M
DeferredIncomeTax-745.00M-161.00M-48.00M116.00M
DepreciationAmortizationDepletion451.00M568.00M828.00M929.00M
DepreciationAndAmortization451.00M568.00M828.00M929.00M
OperatingGainsLosses757.00M-87.00M-7.00M-25.00M
GainLossOnSaleOfBusiness659.00M0.000.00-9.00M
NetIncomeFromContinuingOperations1.89B-798.00M-1.68B1.55B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for WDC
Date User Asset Broker Type Position Size Entry Price Patterns