Western Digital Corp [WDC] stock is trading at $49.20, up 0.39%. An important factor to consider is whether the stock is rising or falling in short-term value. The WDC shares have gain 11.06% over the last week, with a monthly amount glided 37.35%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on May 01, 2025, and dropped its price target to $58. On April 30, 2025, upgrade upgraded it’s rating to Buy. The Benchmark Company upgraded its rating to a Buy but $55 remained the price target by the analyst firm on April 10, 2025. The Benchmark Company downgraded its rating to Hold for this stock on December 19, 2024. In a note dated September 13, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $95 to $80.
Western Digital Corp [WDC] stock has fluctuated between $28.83 and $61.62 over the past year. Currently, Wall Street analysts expect the stock to reach $65.67 within the next 12 months. Western Digital Corp [NASDAQ: WDC] shares were valued at $49.20 at the most recent close of the market. An investor can expect a potential return of 33.48% based on the average WDC price forecast.
Analyzing the WDC fundamentals
Western Digital Corp [NASDAQ:WDC] reported sales of 14.44B for the trailing twelve months, which represents a drop of -33.64%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.16 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.57 points at the first support level, and at 47.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.83, and for the 2nd resistance point, it is at 50.47.
Ratios To Look Out For
For context, Western Digital Corp’s Current Ratio is 1.56. On the other hand, the Quick Ratio is 1.31, and the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 3.32 and price to earnings (TTM) ratio is 9.35.
Transactions by insiders
Recent insider trading involved Tan Irving, Chief Executive Officer, that happened on May 13 ’25 when 11379.0 shares were sold. Officer, IRVING TAN completed a deal on May 13 ’25 to buy 11379.0 shares. Meanwhile, SVP & Princ. Acctg Officer Zamiska Gene M. sold 456.0 shares on Mar 12 ’25.
