
Western Digital (WDC) Stock Forecast & Price Target
Western Digital (WDC) Analyst Ratings
Bulls say
Western Digital has demonstrated significant improvement in its financial performance, expanding its gross margin to over 40%, which surpasses its historical range of 30%-33%, thereby justifying a higher earnings multiple. For FY26, the company is projected to achieve non-GAAP earnings of $7.29 per diluted share on sales of $11.43 billion, reflecting an upward revision from previous forecasts in both earnings and sales. Additionally, the increase in the average selling price per drive to approximately $250 from $215 for Cloud customers indicates strong demand conditions, positioning Western Digital favorably within a duopolistic market landscape.
Bears say
Western Digital is facing significant challenges due to declining demand in the hard disk drive (HDD) market, which is compounded by increased competition and pricing pressures from its main competitor, Seagate. Financial metrics indicate a downturn in revenue growth, with analysts pointing to a contraction in the data center segment, which represents the largest consumer of HDDs. Additionally, with a substantial portion of manufacturing and workforce in Asia, Western Digital is vulnerable to supply chain disruptions and geopolitical risks that could further impact its financial stability.
This aggregate rating is based on analysts' research of Western Digital and is not a guaranteed prediction by Public.com or investment advice.
Western Digital (WDC) Analyst Forecast & Price Prediction
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