Western Digital (WDC) Stock Price, Fundamentals & Analysis

What WDC does

Western Digital (WDC) is a US stock in the Technology sector, within the Computer Hardware industry. The company develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology across the United States, Asia, Europe, the Middle East, and Africa. Its product range includes internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories, distributed through computer sales personnel, dealers, distributors, retailers, and subsidiaries. Western Digital also collaborates with Open Quantum Design on quantum error correction technology and related systems to advance reliable quantum computing. The company, founded in 1970 and headquartered in San Jose, California, employs around 40,000 people.

Key numbers explained

• The current price of 473,69 USD reflects the latest trading value; the +1,96% change today shows the intraday move relative to the prior close.
• The trailing P/E ratio of 17,6 divides the current price by the last twelve months of earnings, while the forward P/E ratio of 14,9 uses expected future earnings, offering a sense of how the market prices growth.
• Earnings per share, trailing 12 months, stands at 26,94 USD, representing the portion of net income attributable to each share.
• The dividend yield of 0,13% indicates the annual dividend relative to the share price; the ex-dividend date is 8 Sept. 2026, and only 2% of earnings are paid out as dividends.
• Beta of 2,18 measures the stock's sensitivity to market swings, meaning WDC has historically moved more than twice as much as the broader market.
• The 52-week range of 105,42 – 799,87 USD shows the lowest and highest prices over the past year, with the current price near the upper end of that span.
• Market capitalisation of 170,78 mld. USD is the total value of all outstanding shares, placing the company among large-cap stocks.
• Revenue, trailing 12 months, is 12,92 mld. USD, growing 43,8% year over year, while profit margin of 72,9% and operating margin of 43,6% show how much of each dollar of revenue translates into profit and operating income.
• Return on equity of 130,9% measures how effectively the company generates profit from shareholders' equity, and the debt-to-equity ratio of 13,4% indicates a relatively low level of debt compared to equity.
• The price-to-book ratio of 22,65 compares the market price to the book value of equity, often used to assess whether a stock trades at a premium to its accounting value.

Recent news

Recent headlines highlight strategic questions around WDC's AI power strategy and its position versus peers. One piece asks whether the company should own ON Semiconductor for AI power or Micron's contracts, while another compares Micron (MU) and Western Digital (WDC) as investment options. Additional coverage questions whether SanDisk stock amplifies risk already held by WDC investors and notes a $2,400 price target on SanDisk that has energized the memory sector, alongside a debate on whether it is too late to buy Micron after its record run and a claim that WDC could be 41% overvalued ahead of earnings.

What to watch

Investors tracking WDC should monitor the broader storage and semiconductor cycle, as demand for HDDs and data center drives is tied to enterprise spending and AI infrastructure. The company's collaboration on quantum error correction technology is a longer-term factor that could shape its competitive positioning. Because WDC is part of the S&P 500 and sits alongside peers such as Seagate Technology (STX), Micron Technology (MU), and Advanced Micro Devices (AMD), sector rotations and memory pricing trends can affect its valuation. The upcoming earnings report on 5 Nov. 2026 will be a key catalyst for sentiment and trading volume.