
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 improving its earnings leverage compared to its previous range of 30%-33%. For fiscal year 2026, projected non-GAAP earnings are forecasted at $7.29 per diluted share on sales of $11.43 billion, reflecting an upward revision from earlier projections. Additionally, the average selling price of drives sold to cloud customers has increased, now standing at approximately $250, up from $215 the previous year, indicating positive pricing momentum in a growing market.
Bears say
Western Digital faces significant challenges in the hard disk drive (HDD) market, which is duopolistic and heavily dependent on the performance of data centers, a sector experiencing slowing growth. The company's reliance on a manufacturing base in Asia exposes it to geopolitical risks and supply chain disruptions, potentially impacting production efficiency and cost management. Furthermore, Western Digital's financial metrics indicate declining revenue trends and profitability pressures, raising concerns about its competitive position against Seagate amidst an evolving data storage landscape.
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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