NASDAQ: WDC

Western Digital Corp Stock Forecast, Predictions & Price Target

The consensus among 12 Wall Street analysts covering (NASDAQ: WDC) stock is to Buy WDC stock.

Out of 12 analysts, 4 (33.33%) are recommending WDC as a Strong Buy, 3 (25%) are recommending WDC as a Buy, 5 (41.67%) are recommending WDC as a Hold, 0 (0%) are recommending WDC as a Sell, and 0 (0%) are recommending WDC as a Strong Sell.

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(NASDAQ: WDC) Western Digital's forecast annual revenue growth rate of 21.75% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 5.61%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.68%.

Western Digital's revenue in 2023 is $11,332,000,000.On average, 5 Wall Street analysts forecast WDC's revenue for 2024 to be $3,989,218,443,787, with the lowest WDC revenue forecast at $3,843,567,441,788, and the highest WDC revenue forecast at $4,104,393,182,314. On average, 4 Wall Street analysts forecast WDC's revenue for 2025 to be $5,678,800,610,673, with the lowest WDC revenue forecast at $4,922,335,472,684, and the highest WDC revenue forecast at $6,716,697,142,260.

In 2026, WDC is forecast to generate $6,323,075,992,702 in revenue, with the lowest revenue forecast at $5,427,273,839,847 and the highest revenue forecast at $7,218,878,469,800.

According to 12 Wall Street analysts that have issued a 1 year WDC price target, the average WDC price target is $49.75, with the highest WDC stock price forecast at $60.00 and the lowest WDC stock price forecast at $42.00.

On average, Wall Street analysts predict that Western Digital's share price could reach $49.75 by Dec 6, 2024. The average Western Digital stock price prediction forecasts a potential upside of 3.95% from the current WDC share price of $47.86.

(NASDAQ: WDC) forecast ROE is N/A, which is considered weak.