Western DigitalWDC
WDC
About: Western Digital is a leading, vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly with, Western Digital and Seagate being the two largest players. Western Digital designs and manufacturers its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
Employees: 51,000
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
84% more call options, than puts
Call options by funds: $1.54B | Put options by funds: $834M
23% more repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 214
19% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 102
4.83% more ownership
Funds ownership: 92.21% [Q3] → 97.04% (+4.83%) [Q4]
1% more funds holding
Funds holding: 685 [Q3] → 695 (+10) [Q4]
7% less capital invested
Capital invested by funds: $21.6B [Q3] → $20B (-$1.61B) [Q4]
9% less funds holding in top 10
Funds holding in top 10: 22 [Q3] → 20 (-2) [Q4]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
0%
upside
Avg. target
$66
64%
upside
High target
$95
136%
upside
12 analyst ratings
9 positive
75%
3 neutral
25%
0 negative
0%
Morgan Stanley Joseph Moore 33% 1-year accuracy 21 / 63 met price target | 15%upside $46 | Overweight Maintained | 16 Apr 2025 |
Citigroup Asiya Merchant 13% 1-year accuracy 5 / 40 met price target | 19%upside $48 | Buy Maintained | 14 Apr 2025 |
Susquehanna Medhi Hosseini 0% 1-year accuracy 0 / 2 met price target | 0%downside $40 | Neutral Maintained | 11 Apr 2025 |
Benchmark Mark Miller 6% 1-year accuracy 2 / 36 met price target | 37%upside $55 | Buy Upgraded | 10 Apr 2025 |
Mizuho Vijay Rakesh 10% 1-year accuracy 7 / 71 met price target | 69%upside $68 | Outperform Maintained | 10 Apr 2025 |
Financial journalist opinion
Based on 18 articles about WDC published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Western Digital (WDC) Earnings Expected to Grow: Should You Buy?
Western Digital (WDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
1 day ago
Western Digital Corporation (WDC) is Attracting Investor Attention: Here is What You Should Know
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Zacks Investment Research
3 days ago
Buy 2 AI-Driven Storage Devices Stocks at Lucrative Multiples and Price
Industry players like SMCI and WDC are well-positioned for growth owing to a rapid increase in data, the complexity of data formats, and the need to scale resources at regular intervals.
Positive
Market Watch
6 days ago
These 15 tech stocks could rocket up to 85% in a year — and analysts love them
Since President Donald Trump announced sweeping tariffs on April 2, the uncertainty has unleashed a bloodbath on Wall Street: The S&P 500 SPX+0.13% is off 6.9% since that day, while the Roundhill Magnificent Seven exchange-traded fund MAGS-0.70% is down 10% over the same period.
Neutral
Business Wire
1 week ago
At-Scale, Hard Disk Drive Rare Earth Material Capture Program Successfully Launched in the United States
SAN JOSE, Calif.--(BUSINESS WIRE)--Essential to cloud data center infrastructure, hard disk drives (HDDs) are complex devices that blend material science, mechanical engineering and physics. As part of its innovation, HDDs use a range of rare earth elements (REEs) like Neodymium (Nd), Praseodymium (Pr) and Dysprosium (Dy), prized for their magnetic properties to help HDDs precisely read and write data. Yet, traditional recycling methods recover only a fraction of these valuable materials, often.
Positive
Zacks Investment Research
1 week ago
Why the Market Dipped But Western Digital (WDC) Gained Today
Western Digital (WDC) closed at $35.93 in the latest trading session, marking a +0.31% move from the prior day.
Positive
Zacks Investment Research
1 week ago
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Negative
Zacks Investment Research
1 week ago
Brokers Suggest Investing in Western Digital (WDC): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Positive
Zacks Investment Research
1 week ago
Western Digital Corporation (WDC) Is a Trending Stock: Facts to Know Before Betting on It
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Benzinga
2 weeks ago
Western Digital Stock Is Attractive, Backed By Cheap Valuation And AI Surge: Analyst
Benchmark analyst Mark Miller upgraded Western Digital Corp WDC from Hold to Buy with a $55 price target Thursday.
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