Western Digital Corp [WDC] stock prices are up 3.03% to $53.77 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WDC shares have gain 3.76% over the last week, with a monthly amount glided 20.32%, 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.
The stock price of Western Digital Corp [WDC] has been fluctuating 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 $53.77 at the most recent close of the market. An investor can expect a potential return of 22.13% based on the average WDC price forecast.
Analyzing the WDC fundamentals
The Western Digital Corp [NASDAQ:WDC] reported sales of 14.44B for trailing twelve months, representing 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 52.46 points at the first support level, and at 51.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.50, and for the 2nd resistance point, it is at 55.23.
Ratios To Look Out For
It’s worth pointing out that Western Digital Corp [NASDAQ:WDC]’s Current Ratio is 1.56. In addition, the Quick Ratio stands at 1.31 and the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 3.62 and price to earnings (TTM) ratio is 10.22.
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.
