Western Digital Corporation Website

Western Digital Corporation

NasdaqGS-WDC

Company Overview

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

  • Name

    Western Digital Corporation

  • CEO

    Tiang Yew Tan

  • Website

    www.westerndigital.com

  • Sector

    Technology Hardware, Storage and Peripherals

  • Year Founded

    1970

Company Statistics

Profile

  • Market Cap

    —

  • EV

    —

  • Shares Out

    —

  • Revenue

    —

  • Employees

    —

Margins

  • Gross

    —

  • EBITDA

    —

  • Operating

    —

  • Pre-Tax

    —

  • Net

    —

  • FCF

    —

Returns (5Yr Avg)

  • ROA

    —

  • ROTA

    —

  • ROE

    —

  • ROCE

    —

  • ROIC

    —

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    —

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    —

  • Net Debt

    —

  • Debt/Equity

    —

  • EBIT/Interest

    —

Growth (CAGR)

  • Rev 3Yr

    —

  • Rev 5Yr

    —

  • Rev 10Yr

    —

  • Dil EPS 3Yr

    —

  • Dil EPS 5Yr

    —

  • Dil EPS 10Yr

    —

  • Rev Fwd 2Yr

    —

  • EBITDA Fwd 2Yr

    —

  • EPS Fwd 2Yr

    —

  • EPS LT Growth Est

    —

Dividends

  • Yield

    —

  • Payout

    —

  • DPS

    —

  • DPS Growth 3Yr

    —

  • DPS Growth 5Yr

    —

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    —

Bulls Say

  • Demand for data center buildouts is only increasing, driven by long-term structural trends such as AI and Internet of Things. This could prolong the current upcycle and make it more durable than previous cycles.

  • Advancements in higher-capacity HDDs and new technologies like energy-assisted recording should modestly expand Western’s midcycle gross margin.

  • The HDD industry will be more disciplined on supply and pricing than in the past, which will reduce the cyclicality of the industry and increase profitability, warranting a higher valuation for Western.

Bears Say

  • The HDD market is commodity-like and cyclical, leaving Western vulnerable to market pricing declines that can shrink the top line and sink margins. In HDD downturns, these stocks can crater.

  • The HDD industry has been through upcycles before, but in the end, it always goes through another cycle.

  • The risk of HDD obsolescence, driven by displacement by SSDs, will always hang over Western. As more end markets phase out HDDs, the company is set to almost exclusively rely on the nearline storage market.

Source: Morningstar Analysis - Oct 31, 2025

What's happening

Nov 6, 2025 - Dec 6, 2025

Western Digital Corp Surges Amid Market Dynamics and Competitive Shifts

  • Western Digital Corp's stock rose by 5.5% over the past month, significantly outperforming the S&P 500's return of 1.2%.
  • The exit of Micron from consumer memory products is expected to heighten competition in high-performance memory markets, benefiting WDC.
  • Despite bullish trends, insider selling raised investor concerns about potential outlook shifts amid broader industry challenges.

Over the last month, Western Digital Corp (WDC) exhibited a strong performance increase of 5.5%, notably surpassing the S&P 500’s return of 1.2%. This positive trend reflects a combination of favorable market dynamics and strategic developments within both WDC and its sector. A significant factor in this upward movement was Micron's announcement regarding its withdrawal from consumer memory products, which may intensify competition in high-performance memory for AI and data centers. This shift could lead to increased prices driven by heightened demand, positioning WDC favorably within this evolving landscape.

Additionally, executive stock transactions at WDC indicated confidence in the company's future prospects amidst favorable conditions for technology stocks. However, there were bearish pressures that impacted WDC throughout the month as well; specifically, insider selling activities raised concerns among investors regarding potential changes in outlooks after an officer sold shares prior to noted declines in stock price due to broader industry challenges faced by competitors like Seagate Technology and Kioxia.

The sentiment surrounding WDC fluctuated with various reports highlighting strengths alongside weaknesses within the sector itself. Analysts have raised price targets for competitors based on supply-demand imbalances favoring certain segments while also noting ongoing competitive dynamics that could affect pricing strategies across firms including Western Digital.

Overall, during this one-month period characterized by volatility yet resilience within its operational framework, Western Digital Corp not only outperformed both the S&P 500 but also exceeded expectations relative to Information Technology sector benchmarks by an impressive margin of 55.8%.

NasdaqGS:WDC