WDCWDCTechnology · Computer Hardware

WDC Stock Forecast: Western Digital Corp. Price Predictions for 2026-2027

Last close, 7 Aug 2026
$434
−3.81% on the day

The 26 Wall Street analysts covering Western Digital Corp. hold a median 12-month price target of $650 — +49.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 92 of 100 as at 6 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$178.9B
Ticker Nerd rank
92 / 100
Median analyst target
$650
Analysts covering
26
Total return, dividends reinvested
1W
−20.3%
1M
−18.4%
YTD
+152.3%
1Y
+485.1%
From 52W high
−41.8%
From 52W low
+485.1%
$74
$746
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

WDC stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Western Digital Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 6 Aug 2026
92 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
99
Revisions
94
Issuance
94
Momentum
90
Volatility
77
Value
74
Growth
47
Accruals
32
Size
2

Quality (99): The business earns solid, repeatable profits on what it owns.

Accruals (32): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

The rank is the raw material. Whether the rules would actually own Western Digital Corp. — and when they’d sell — is the membership.

Wall Street

WDC stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on WDC, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$200$400$600$800$1,000$1,200Oct 25Jan 26Apr 26Jul 26WDCHigh $1,050Median $650Low $415

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says26 analysts
22 Buy3 Hold1 Sell
Low $415Median $650High $1,050

The green dot is the last close — the median target sits +49.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
13 July 2026CitigroupMaintainsBuy$685$800
10 July 2026Wells FargoMaintainsOverweight$575$730
8 July 2026SusquehannaMaintainsNeutral$360$500
1 July 2026B of A SecuritiesMaintainsBuy
29 June 2026Cantor FitzgeraldMaintainsOverweight
15 June 2026Morgan StanleyMaintainsOverweight
12 June 2026JP MorganMaintainsOverweight
8 June 2026MizuhoMaintainsOutperform
2 June 2026CitigroupMaintainsBuy
1 June 2026Wells FargoMaintainsOverweight
27 May 2026BarclaysMaintainsOverweight
26 May 2026Evercore ISI GroupMaintainsOutperform
4 May 2026BairdMaintainsOutperform
1 May 2026BarclaysMaintainsOverweight
1 May 2026Cantor FitzgeraldMaintainsOverweight
1 May 2026CitigroupMaintainsBuy
1 May 2026Evercore ISI GroupMaintainsOutperform
1 May 2026RosenblattMaintainsBuy
1 May 2026TD CowenMaintainsBuy
1 May 2026UBSMaintainsNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

WDC analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Fundamentals

Western Digital Corp. (WDC) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
32.8×

Cheaper than 26% of US stocks

Price / sales
15.2×

Cheaper than 11% of US stocks

Price / book
24.8×

Cheaper than 4% of US stocks

EV / EBITDA
45.2×

Cheaper than 6% of US stocks

Growth & margins
Revenue growth (YoY)
45.5%

Higher than 85% of US stocks

Earnings growth (YoY)
516.3%

Higher than 96% of US stocks

Gross margin
50.2%

Higher than 64% of US stocks

Operating margin
37.0%

Higher than 91% of US stocks

Net margin
55.3%

Higher than 97% of US stocks

Returns & dividend
Return on equity
85.9%

Higher than 96% of US stocks

Return on assets
14.6%

Higher than 97% of US stocks

Dividend yield
0.1%

Higher than 2% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

WDC vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelComputer Hardware
CompanyMarket capTKN rank
WDCWestern Digital Corp.$178.9B
92
SNDKSandisk Corp.$185.8B
76
STXSeagate Technology Holdings plc$191.3B
95
ANETArista Networks, Inc.$242.2B
71
DELLDell Technologies, Inc.$296.1B
97
PEverpure, Inc.$28.8B
90
HPQHP, Inc.$25.8B
97
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. WDC appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest WDC news & analysis

Western Digital: When A Cyclical Is Priced As A Compounder

Seeking Alpha · 7 Aug 2026negative

Seeking Alpha reiterates a Sell rating on Western Digital, citing a stretched valuation with a non-GAAP P/E of 66.17 and EV/EBITDA of 47.75, well above peers such as Sandisk and Dell. The article notes recent margin expansion to 54.4% appears unsustainable as growth, margin gains, and pricing power decelerate, despite operational strength and a net cash-positive balance sheet.

Why it matters — WDC watchers would care because the analysis argues the stock is priced as a compounder while being a cyclical, with valuation and margin concerns that could weigh on the shares.

AI Storage Demand Still Growing, Says WD CEO

Bloomberg Technology · 6 Aug 2026positive

Western Digital CEO Irving Tan said the AI infrastructure buildout is creating sustained demand for data storage, with hyperscaler demand remaining strong, even as investors reacted to a softer near-term outlook. The company is increasing hard drive capacity to meet this demand.

Why it matters — This signals that WDC's core storage demand from AI infrastructure remains intact despite a weaker near-term outlook, giving WDC watchers context on the company's growth drivers.

Western Digital's Margin Stabilization Signals Its Run-Up May Be Ending

Seeking Alpha · 6 Aug 2026negative

Western Digital remains rated a 'Sell' by Seeking Alpha, which argues its valuation is unjustified relative to memory peers despite strong recent revenue growth. The analysis cites slowing gross margin expansion, suggesting ASP-driven growth may have peaked amid fading data center capex, and points to cyclical risks from commoditized HDD products lacking pricing power.

Why it matters — A WDC watcher would care because the piece highlights concerns that margin growth is decelerating and that the company's HDD business faces cyclical and competitive risks versus memory vendors.

Why Did Western Digital Stock Crash After Earnings?

The Motley Fool · 6 Aug 2026negative

Western Digital reported strong Q4 earnings and issued upbeat guidance for the new fiscal year, but investors sold off the stock, causing it to crash. The company's results and outlook were strong, yet the market reaction was negative.

Why it matters — A WDC watcher would care because the disconnect between strong fundamentals and a sharp post-earnings decline could signal shifting investor sentiment around the stock.

Western Digital Q4 Earnings Beat as Revenue Jumps 44% on Cloud Demand

Zacks Investment Research · 6 Aug 2026positive

Western Digital beat fourth-quarter fiscal 2026 earnings and revenue estimates, with revenue rising 44% on strong cloud storage demand. The company also issued upbeat fiscal 2027 guidance.

Why it matters — The results and guidance point to sustained strength in storage demand, a key driver of WDC's business outlook.

FAQ

Frequently asked questions about WDC stock

What is the WDC stock price forecast for 2026-2027?

The 26 Wall Street analysts covering Western Digital Corp. have a median 12-month price target of $650, with estimates ranging from $415 to $1,050. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is WDC stock a buy right now?

Of the 26 analysts covering Western Digital Corp., 22 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Western Digital Corp. 92 out of 100 across roughly 4,600 US stocks as at 6 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WDC?

As at 6 Aug 2026, Western Digital Corp. ranks 92 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (99 of 100).

Will WDC stock go up?

No one can know that. What the data says: the median 12-month target from 26 analysts implies +49.7% from the last close, and Ticker Nerd's factor model ranks Western Digital Corp. 92 out of 100 as at 6 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the WDC stock forecast for 2030?

No analyst covering Western Digital Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for WDC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $415 to $1,050 over the next 12 months.

How has WDC stock performed over the past year?

Western Digital Corp. returned +485.1% over the 12 months to 7 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Western Digital Corp. do?

Western Digital Corporation is a global data storage and semiconductor company that designs, manufactures, and sells a broad range of storage devices and solutions for digital information. Its portfolio spans hard disk drives, solid-state drives, flash-based embedded storage, memory wafers, and removable storage products such as memory cards and USB drives.

What is the latest news on WDC?

The most recent item we track (Seeking Alpha, 7 Aug 2026): "Western Digital: When A Cyclical Is Priced As A Compounder". Seeking Alpha reiterates a Sell rating on Western Digital, citing a stretched valuation with a non-GAAP P/E of 66.17 and EV/EBITDA of 47.75, well above peers such as Sandisk and Dell. The article notes recent margin expansion to 54.4% appears unsustainable as growth, margin gains, and pricing power decelerate, despite operational strength and a net cash-positive balance sheet.

Company

About Western Digital Corp.

Western Digital Corporation is a global data storage and semiconductor company that designs, manufactures, and sells a broad range of storage devices and solutions for digital information. Its portfolio spans hard disk drives, solid-state drives, flash-based embedded storage, memory wafers, and removable storage products such as memory cards and USB drives. These technologies are deployed in cloud data centers, client and enterprise computing, embedded systems, consumer electronics, and connected devices, supporting applications from PCs and gaming to automotive and industrial Internet of Things. Western Digital serves cloud service providers, original equipment manufacturers, distributors, resellers, and end consumers under brands including Western Digital, WD, SanDisk, HGST, and SanDisk Professional. Operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa, and headquartered in San Jose, California, US, Western Digital today plays a central role in enabling data storage, management, protection, and access across the global technology ecosystem.

CEO Mr. Tiang Yew Tan · 40,000 employees · United States · https://www.westerndigital.com