Western Digital
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 7,296 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $953M | Put options by funds: $437M
39% more repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 196
3.87% more ownership
Funds ownership: 97.1% [Q4 2024] → 100.98% (+3.87%) [Q1 2025]
7% less funds holding
Funds holding: 697 [Q4 2024] → 645 (-52) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 20 [Q4 2024] → 16 (-4) [Q1 2025]
29% less capital invested
Capital invested by funds: $20B [Q4 2024] → $14.2B (-$5.85B) [Q1 2025]
30% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 139
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
28%
downside
Avg. target
$58
5%
upside
High target
$71
27%
upside
12 analyst ratings
10 positive
83%
2 neutral
17%
0 negative
0%
B of A Securities Wamsi Mohan | 27%upside $71 | Buy Maintained | 9 Jun 2025 |
Citigroup Asiya Merchant | 11%upside $62 | Buy Maintained | 4 Jun 2025 |
Morgan Stanley Joseph Moore | 26%upside $70 | Overweight Maintained | 23 May 2025 |
TD Securities Krish Sankar | 5%downside $53 | Buy Maintained | 1 May 2025 |
Wells Fargo Aaron Rakers | 17%upside $65 | Overweight Maintained | 1 May 2025 |
Financial journalist opinion
Based on 9 articles about WDC published over the past 30 days
Positive
Zacks Investment Research
1 day 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.
Neutral
Zacks Investment Research
1 week ago
Western Digital (WDC) Rises As Market Takes a Dip: Key Facts
Western Digital (WDC) reachead $55.05 at the closing of the latest trading day, reflecting a +1.14% change compared to its last close.
Positive
Zacks Investment Research
1 week ago
Investors Heavily Search Western Digital Corporation (WDC): Here is What You Need to Know
Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
Zacks Investment Research
2 weeks ago
Why Is Western Digital (WDC) Up 19.6% Since Last Earnings Report?
Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
3 weeks ago
Western Digital: Complete Turnaround In Operations
Western Digital Corporation is undergoing a turnaround, with improved profitability and stability after spinning off its volatile SSD business into SanDisk. The company's focus on HDDs, robust cloud and AI-driven demand, and cost controls have led to margin recovery and operational efficiency. Management guides for mid-to-high single-digit revenue growth and margins exceeding 38%, supporting a more attractive and stable financial profile.
Neutral
Zacks Investment Research
3 weeks ago
Western Digital Unveils Open Storage Innovations at Computex 2025
WDC unveils OCCL 2.0, new JBOD and EBOF platforms at Computex 2025, accelerating open, scalable storage for AI, SDS and disaggregated workloads.
Positive
MarketBeat
3 weeks ago
Buybacks and Big-Time Developments: 3 Stocks Making Huge Moves
Several large-cap stocks recently announced buybacks worth billions, boosting their ability to return capital to shareholders. However, these names also have other important recent developments surrounding them that have big implications for shareholders.
Neutral
Business Wire
3 weeks ago
Western Digital Advances Ecosystem Collaboration, Innovation for AI Acceleration, Disaggregated Storage and SDS at Computex 2025
SAN JOSE, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--Computex 2025 – Western Digital (Nasdaq: WDC) is redefining what's possible in storage infrastructure for AI/ML, disaggregated storage and software-defined storage (SDS) for CSPs, enterprises and STaaS providers. From massive-capacity, reliable JBODs (Just a Bunch of Disks) to ultra-fast EBOF (Ethernet Bunch of Flash) NVMe-oF™ disaggregated storage solutions for AI, the company's Platforms Business delivers world-class HDD- and SSD-based solut.
Positive
Zacks Investment Research
4 weeks ago
Western Digital Approves $2B Share Buyback to Boost Stockholder Value
WDC announces a $2B share buyback and issues a quarterly dividend, reinforcing its commitment to shareholder returns and long-term growth strategy.
Positive
Zacks Investment Research
1 month ago
Western Digital, Ingrasys Partner for Next-Gen Fabric-Attached Storage
WDC joins forces with Ingrasys to deliver a cutting-edge TOR switch with embedded storage to unlock advancements in AI-driven data centers.
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