Symbols / WDC $338.78 +8.60% Western Digital Corporation

Technology • Computer Hardware • United States • NMS
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. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. 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 115.83B
Enterprise Value 115.85B Income 3.95B Sales 10.73B
Book/sh 20.91 Cash/sh 11.93 Dividend Yield 15.00%
Payout 3.07% Employees 40000 IPO —
P/E 32.05 Forward P/E 24.81 PEG —
P/S 10.79 P/B 16.20 P/C —
EV/EBITDA 34.51 EV/Sales 10.79 Quick Ratio 1.11
Current Ratio 1.46 Debt/Eq 65.44 LT Debt/Eq —
EPS (ttm) 10.57 EPS next Y 13.65 EPS Growth 189.60%
Revenue Growth 25.20% Earnings 2026-05-06 ROA 9.15%
ROE 41.13% ROIC — Gross Margin 42.72%
Oper. Margin 31.92% Profit Margin 35.64% Shs Outstand 339.04M
Shs Float 336.74M Short Float 9.19% Short Ratio 3.39
Short Interest — 52W High 348.00 52W Low 30.57
Beta 1.83 Avg Volume 9.82M Volume 9.13M
Target Price $331.82 Recom Buy Prev Close $311.96
Price $338.78 Change 8.60%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$331.82
Mean price target
2. Current target
$330.97
Latest analyst target
3. DCF / Fair value
$207.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$330.97
Low
$182.00
High
$440.00
Mean
$331.82

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-06 main Morgan Stanley Overweight → Overweight $380
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
News
RSS: Latest WDC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-20 DAVIS BRIAN SCOTT Officer — 7 — —
2026-03-20 TAN IRVING Chief Executive Officer — 49 — —
2026-03-17 SHIHAB AHMED MOHAMMED Officer — 196 — —
2026-03-06 GUBBI VIDYADHARA K Officer — 8,518 $255.32 $2,174,858
2026-03-04 GUBBI VIDYADHARA K Officer — 10,148 $269.57 $2,743,110
2026-03-04 TREGILLIS CYNTHIA LOCK Officer — 9,324 $257.91 $2,501,382
2026-03-03 GUBBI VIDYADHARA K Officer — 47 — —
2026-03-03 TREGILLIS CYNTHIA LOCK Officer — 23 — —
2026-03-03 DAVIS BRIAN SCOTT Officer — 23 — —
2026-03-03 TAN IRVING Chief Executive Officer — 92 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total Revenue
9,520.00
+50.70%
6,317.00
+0.99%
6,255.00
-66.72%
18,793.00
Operating Revenue
9,520.00
+50.70%
6,317.00
+0.99%
6,255.00
-66.72%
18,793.00
Cost Of Revenue
5,828.00
+28.26%
4,544.00
-6.58%
4,864.00
-62.35%
12,919.00
Reconciled Cost Of Revenue
5,828.00
+28.26%
4,544.00
-6.58%
4,864.00
-62.35%
12,919.00
Gross Profit
3,692.00
+108.23%
1,773.00
+27.46%
1,391.00
-76.32%
5,874.00
Operating Expense
1,562.00
-6.80%
1,676.00
-6.53%
1,793.00
-47.88%
3,440.00
Research And Development
994.00
+4.63%
950.00
-3.65%
986.00
-57.55%
2,323.00
Selling General And Administration
568.00
-21.76%
726.00
-10.04%
807.00
-27.75%
1,117.00
Total Expenses
7,390.00
+18.81%
6,220.00
-6.56%
6,657.00
-59.31%
16,359.00
Operating Income
2,130.00
+2095.88%
97.00
+124.13%
-402.00
-116.52%
2,434.00
Total Operating Income As Reported
2,334.00
+679.16%
-403.00
+26.46%
-548.00
-122.92%
2,391.00
EBITDA
1,938.00
+697.53%
243.00
-15.92%
289.00
-91.51%
3,404.00
Normalized EBITDA
2,606.00
+250.74%
743.00
+70.80%
435.00
-87.38%
3,447.00
Reconciled Depreciation
451.00
-20.60%
568.00
-31.40%
828.00
-10.87%
929.00
EBIT
1,487.00
+557.54%
-325.00
+39.70%
-539.00
-121.78%
2,475.00
Total Unusual Items
-668.00
-33.60%
-500.00
-242.47%
-146.00
-239.53%
-43.00
Total Unusual Items Excluding Goodwill
-668.00
-33.60%
-500.00
-242.47%
-146.00
-239.53%
-43.00
Special Income Charges
-668.00
-33.60%
-500.00
-242.47%
-146.00
-239.53%
-43.00
Other Special Charges
-106.00
-133.13%
320.00
+6300.00%
5.00
—
Restructuring And Mergern Acquisition
2.00
-94.12%
34.00
-73.85%
130.00
+160.00%
50.00
Write Off
0.00
-100.00%
146.00
+668.42%
19.00
0.00
Net Income
1,861.00
+333.21%
-798.00
+52.61%
-1,684.00
-208.93%
1,546.00
Pretax Income
1,130.00
+252.91%
-739.00
+12.96%
-849.00
-139.11%
2,171.00
Net Non Operating Interest Income Expense
-312.00
+18.11%
-381.00
-30.93%
-291.00
+2.35%
-298.00
Interest Expense Non Operating
357.00
-13.77%
414.00
+33.55%
310.00
+1.97%
304.00
Net Interest Income
-312.00
+18.11%
-381.00
-30.93%
-291.00
+2.35%
-298.00
Interest Expense
357.00
-13.77%
414.00
+33.55%
310.00
+1.97%
304.00
Interest Income Non Operating
45.00
+36.36%
33.00
+73.68%
19.00
+216.67%
6.00
Interest Income
45.00
+36.36%
33.00
+73.68%
19.00
+216.67%
6.00
Other Income Expense
-688.00
-51.21%
-455.00
-191.67%
-156.00
-545.71%
35.00
Other Non Operating Income Expenses
-20.00
-144.44%
45.00
+550.00%
-10.00
-112.82%
78.00
Gain On Sale Of Business
-772.00
—
—
—
Tax Provision
-513.00
-2073.08%
26.00
-50.94%
53.00
-91.52%
625.00
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
-27.59%
0.00
Tax Effect Of Unusual Items
-140.28
-33.60%
-105.00
-242.47%
-30.66
-145.87%
-12.47
Net Income Including Noncontrolling Interests
1,889.00
+336.72%
-798.00
+52.61%
-1,684.00
-208.93%
1,546.00
Net Income From Continuing Operation Net Minority Interest
1,615.00
+311.11%
-765.00
+15.19%
-902.00
-158.34%
1,546.00
Net Income From Continuing And Discontinued Operation
1,861.00
+333.21%
-798.00
+52.61%
-1,684.00
-208.93%
1,546.00
Net Income Continuous Operations
1,643.00
+314.77%
-765.00
+15.19%
-902.00
-158.34%
1,546.00
Net Income Discontinuous Operations
246.00
+845.45%
-33.00
+95.78%
-782.00
—
Minority Interests
-28.00
—
—
—
Normalized Income
2,142.72
+679.11%
-370.00
+52.97%
-786.66
-149.90%
1,576.53
Net Income Common Stockholders
1,840.00
+315.96%
-852.00
+50.12%
-1,708.00
-210.48%
1,546.00
Otherunder Preferred Stock Dividend
4.00
—
—
—
Diluted EPS
5.12
+397.67%
-1.72
+68.38%
-5.44
-214.53%
4.75
Basic EPS
5.31
+408.72%
-1.72
+68.38%
-5.44
-213.10%
4.81
Basic Average Shares
347.00
+6.44%
326.00
+2.52%
318.00
+1.92%
312.00
Diluted Average Shares
359.00
+10.12%
326.00
+2.52%
318.00
+0.63%
316.00
Diluted NI Availto Com Stockholders
1,841.00
+316.08%
-852.00
+50.12%
-1,708.00
-210.48%
1,546.00
Average Dilution Earnings
1.00
—
—
—
Gain On Sale Of PPE
0.00
0.00
-100.00%
8.00
+14.29%
7.00
Preferred Stock Dividends
17.00
-68.52%
54.00
+125.00%
24.00
—
Line Item Trend 2022-06-30 2021-06-30
Total Assets
26,259.00
—
Current Assets
9,453.00
—
Cash Cash Equivalents And Short Term Investments
2,327.00
—
Cash And Cash Equivalents
2,327.00
—
Receivables
2,804.00
—
Accounts Receivable
2,804.00
—
Inventory
3,638.00
—
Raw Materials
1,603.00
—
Work In Process
1,162.00
—
Finished Goods
873.00
—
Assets Held For Sale Current
—
—
Other Current Assets
684.00
—
Total Non Current Assets
16,806.00
—
Net PPE
3,670.00
—
Gross PPE
11,970.00
—
Accumulated Depreciation
-8,300.00
—
Properties
0.00
—
Land And Improvements
269.00
—
Buildings And Improvements
1,920.00
—
Machinery Furniture Equipment
9,190.00
—
Construction In Progress
591.00
—
Goodwill And Other Intangible Assets
10,254.00
—
Goodwill
10,041.00
—
Other Intangible Assets
213.00
-51.81%
442.00
Non Current Deferred Assets
—
—
Non Current Deferred Taxes Assets
—
—
Other Non Current Assets
1,486.00
—
Total Liabilities Net Minority Interest
14,038.00
—
Current Liabilities
5,237.00
—
Payables And Accrued Expenses
4,727.00
—
Payables
3,091.00
—
Accounts Payable
2,222.00
—
Current Accrued Expenses
1,636.00
—
Pensionand Other Post Retirement Benefit Plans Current
510.00
—
Total Tax Payable
869.00
—
Income Tax Payable
869.00
—
Current Debt And Capital Lease Obligation
—
251.00
Current Debt
—
251.00
Other Current Liabilities
—
—
Total Non Current Liabilities Net Minority Interest
8,801.00
—
Liabilities Heldfor Sale Non Current
—
—
Long Term Debt And Capital Lease Obligation
7,022.00
—
Long Term Debt
7,022.00
—
Tradeand Other Payables Non Current
1,136.00
—
Other Non Current Liabilities
643.00
—
Preferred Securities Outside Stock Equity
0.00
—
Stockholders Equity
12,221.00
—
Common Stock Equity
12,221.00
—
Capital Stock
3.00
—
Common Stock
3.00
—
Preferred Stock
0.00
—
Share Issued
315.00
—
Ordinary Shares Number
315.00
—
Treasury Shares Number
0.00
-100.00%
4.00
Additional Paid In Capital
3,733.00
—
Retained Earnings
9,039.00
—
Gains Losses Not Affecting Retained Earnings
-554.00
—
Treasury Stock
0.00
—
Other Equity Adjustments
-554.00
—
Total Equity Gross Minority Interest
12,221.00
—
Total Capitalization
19,243.00
—
Working Capital
4,216.00
—
Invested Capital
19,243.00
—
Total Debt
7,022.00
—
Net Debt
4,695.00
—
Net Tangible Assets
1,967.00
—
Tangible Book Value
1,967.00
—
Non Current Note Receivables
1,396.00
-11.98%
1,586.00
Preferred Stock Equity
—
—
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Cash Flow
1,691.00
+675.17%
-294.00
+27.94%
-408.00
-121.70%
1,880.00
Cash Flow From Continuing Operating Activities
1,691.00
+675.17%
-294.00
+27.94%
-408.00
-121.70%
1,880.00
Net Income From Continuing Operations
1,889.00
+336.72%
-798.00
+52.61%
-1,684.00
-208.93%
1,546.00
Depreciation Amortization Depletion
451.00
-20.60%
568.00
-31.40%
828.00
-10.87%
929.00
Depreciation And Amortization
451.00
-20.60%
568.00
-31.40%
828.00
-10.87%
929.00
Other Non Cash Items
103.00
+171.05%
38.00
-48.65%
74.00
+17.46%
63.00
Stock Based Compensation
265.00
-10.17%
295.00
-7.23%
318.00
-2.45%
326.00
Asset Impairment Charge
2.00
-98.73%
158.00
+731.58%
19.00
0.00
Deferred Tax
-745.00
-362.73%
-161.00
-235.42%
-48.00
-141.38%
116.00
Deferred Income Tax
-745.00
-362.73%
-161.00
-235.42%
-48.00
-141.38%
116.00
Operating Gains Losses
757.00
+970.11%
-87.00
-1142.86%
-7.00
+72.00%
-25.00
Change In Working Capital
-1,031.00
-235.83%
-307.00
-433.70%
92.00
+108.56%
-1,075.00
Change In Receivables
79.00
+113.91%
-568.00
-147.10%
1,206.00
+320.88%
-546.00
Changes In Account Receivables
79.00
+113.91%
-568.00
-147.10%
1,206.00
+320.88%
-546.00
Change In Inventory
-409.00
-214.89%
356.00
+693.33%
-60.00
-172.73%
-22.00
Change In Payables And Accrued Expense
204.00
-17.41%
247.00
+128.36%
-871.00
-451.27%
-158.00
Change In Accrued Expense
-412.00
-190.35%
456.00
+188.72%
-514.00
-517.89%
123.00
Change In Payable
616.00
+394.74%
-209.00
+41.46%
-357.00
-27.05%
-281.00
Change In Account Payable
268.00
+1.13%
265.00
+154.41%
-487.00
-135.27%
-207.00
Change In Other Working Capital
-905.00
-164.62%
-342.00
-86.89%
-183.00
+47.56%
-349.00
Investing Cash Flow
150.00
+655.56%
-27.00
+96.46%
-762.00
+36.07%
-1,192.00
Cash Flow From Continuing Investing Activities
150.00
+655.56%
-27.00
+96.46%
-762.00
+36.07%
-1,192.00
Net PPE Purchase And Sale
-407.00
-39.38%
-292.00
+63.82%
-807.00
+27.10%
-1,107.00
Purchase Of PPE
-412.00
+15.40%
-487.00
+40.68%
-821.00
+26.83%
-1,122.00
Sale Of PPE
5.00
-97.44%
195.00
+1292.86%
14.00
-6.67%
15.00
Capital Expenditure
-412.00
+15.40%
-487.00
+40.68%
-821.00
+26.83%
-1,122.00
Net Investment Purchase And Sale
8.00
-69.23%
26.00
-16.13%
31.00
+219.23%
-26.00
Purchase Of Investment
—
—
—
-26.00
Sale Of Investment
—
—
31.00
—
Net Business Purchase And Sale
401.00
0.00
0.00
-100.00%
32.00
Purchase Of Business
—
—
—
0.00
Gain Loss On Sale Of Business
659.00
0.00
0.00
+100.00%
-9.00
Net Other Investing Changes
-27.00
-111.30%
239.00
+1607.14%
14.00
+115.38%
-91.00
Financing Cash Flow
-1,612.00
-962.03%
187.00
-78.63%
875.00
+150.93%
-1,718.00
Cash Flow From Continuing Financing Activities
-1,612.00
-962.03%
187.00
-78.63%
875.00
+150.93%
-1,718.00
Net Issuance Payments Of Debt
56.00
-85.68%
391.00
0.00
+100.00%
-1,727.00
Issuance Of Debt
2,150.00
-28.33%
3,000.00
+154.24%
1,180.00
-37.70%
1,894.00
Repayment Of Debt
-2,094.00
+19.74%
-2,609.00
-121.10%
-1,180.00
+67.41%
-3,621.00
Long Term Debt Issuance
2,150.00
-28.33%
3,000.00
+154.24%
1,180.00
-37.70%
1,894.00
Long Term Debt Payments
-2,094.00
+19.74%
-2,609.00
-121.10%
-1,180.00
+67.41%
-3,621.00
Net Long Term Debt Issuance
56.00
-85.68%
391.00
0.00
+100.00%
-1,727.00
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
-149.00
0.00
0.00
—
Common Stock Payments
-149.00
0.00
0.00
—
Cash Dividends Paid
-44.00
0.00
0.00
0.00
Repurchase Of Capital Stock
-149.00
-2880.00%
-5.00
0.00
—
Proceeds From Stock Option Exercised
77.00
-3.75%
80.00
-13.98%
93.00
-23.77%
122.00
Net Other Financing Charges
-1,552.00
-456.27%
-279.00
-181.82%
-99.00
+12.39%
-113.00
Changes In Cash
229.00
+270.90%
-134.00
+54.58%
-295.00
+71.36%
-1,030.00
Effect Of Exchange Rate Changes
6.00
+160.00%
-10.00
-11.11%
-9.00
+30.77%
-13.00
Beginning Cash Position
1,879.00
-7.12%
2,023.00
-13.06%
2,327.00
-30.95%
3,370.00
End Cash Position
2,114.00
+12.51%
1,879.00
-7.12%
2,023.00
-13.06%
2,327.00
Free Cash Flow
1,279.00
+263.76%
-781.00
+36.45%
-1,229.00
-262.14%
758.00
Interest Paid Supplemental Data
367.00
-7.32%
396.00
+34.69%
294.00
+20.00%
245.00
Income Tax Paid Supplemental Data
789.00
-14.24%
920.00
+419.77%
177.00
-58.16%
423.00
Change In Income Tax Payable
348.00
+173.42%
-474.00
-464.62%
130.00
+275.68%
-74.00
Change In Tax Payable
348.00
+173.42%
-474.00
-464.62%
130.00
+275.68%
-74.00
Dividends Received CFI
175.00
0.00
0.00
—
Issuance Of Capital Stock
0.00
—
881.00
0.00
Net Preferred Stock Issuance
0.00
+100.00%
-5.00
-100.57%
881.00
0.00
Preferred Stock Issuance
0.00
—
881.00
0.00
Preferred Stock Payments
—
-5.00
—
—
Sale Of Business
401.00
0.00
0.00
-100.00%
32.00
SEC Filings

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

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