
Western Digital (WDC) Stock Forecast & Price Target
Western Digital (WDC) Analyst Ratings
Bulls say
Western Digital has successfully expanded its gross margin to over 40%, significantly surpassing its previous range of 30% to 33%, indicating enhanced earnings leverage. The company is projected to achieve non-GAAP earnings of $7.29 per diluted share for FY26 on sales of $11.43 billion, reflecting an upward revision from earlier forecasts. Additionally, the average selling price for drives sold to cloud customers has risen to approximately $250 from $215, supporting an outlook of strong revenue growth and profitability.
Bears say
Western Digital faces significant challenges due to declining demand for traditional hard disk drives amidst the increasing adoption of solid-state drives (SSDs), which may adversely affect its sales and market share. The company's reliance on a concentrated market with only two dominant players, along with rising manufacturing costs in Asia, presents a risky operational environment that could further pressure profit margins. Additionally, weakened consumer spending in the data center segment may hinder revenue growth, exacerbating Western Digital's financial instability in the coming quarters.
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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