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NASDAQ: WDC
Western Digital Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for WDC

Based on 15 analysts offering 12 month price targets for Western Digital Corp.
Min Forecast
$52.00-21.27%
Avg Forecast
$79.27+20.01%
Max Forecast
$115.00+74.11%

Should I buy or sell WDC stock?

Based on 15 analysts offering ratings for Western Digital Corp.
Strong Buy
Strong Buy
9 analysts 60%
Buy
3 analysts 20%
Hold
3 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their WDC stock forecasts and price targets.

WDC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-18Find Out Why
lockedlocked$00.00+00.00%2024-04-17Find Out Why
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-10
Susquehanna
Top 50%
51
HoldMaintains$83.00+25.66%2024-04-10Find out why
Mizuho
Top 1%
100
Strong BuyMaintains$80.00+21.12%2024-04-09Find out why
Cantor Fitzgerald
Top 7%
94
Strong BuyMaintains$100.00+51.40%2024-04-08Find out why
Rosenblatt
Top 6%
95
Strong BuyUpgrades$115.00+74.11%2024-04-05Find out why
Evercore ISI Group
Top 5%
96
BuyInitiates Coverage On$80.00+21.12%2024-03-27

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Forecast return on equity

Is WDC forecast to generate an efficient return?
Company
N/A
Industry
-68.26%
Market
20.03%

Forecast return on assets

Is WDC forecast to generate an efficient return on assets?
Company
N/A
Industry
4.85%

WDC revenue forecast

What is WDC's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$12.8B+13.48%
Avg 2 year Forecast
$17.7B+57.59%
Avg 3 year Forecast
$17.4B+54.31%
WDC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WDC revenue growth forecast

How is WDC forecast to perform vs Computer Hardware companies and vs the US market?
Company
20.57%
Industry
14.08%
Market
9.2%
WDC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WDC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WDC vs Computer Hardware Stocks

TickerPricePrice TargetUp/downsideConsensus
WDC$66.05$79.27+20.01%Strong Buy
NTAP$97.95$99.50+1.58%Hold
STX$82.46$92.39+12.04%Buy
PSTG$49.46$53.85+8.87%Strong Buy
HPQ$27.81$33.00+18.66%Buy
View Top Computer Hardware Stocks

Western Digital Stock Forecast FAQ

Is Western Digital Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: WDC) stock is to Strong Buy WDC stock.

Out of 15 analysts, 9 (60%) are recommending WDC as a Strong Buy, 3 (20%) are recommending WDC as a Buy, 3 (20%) are recommending WDC as a Hold, 0 (0%) are recommending WDC as a Sell, and 0 (0%) are recommending WDC as a Strong Sell.

If you're new to stock investing, here's how to buy Western Digital stock.

What is WDC's revenue growth forecast for 2024-2026?

(NASDAQ: WDC) Western Digital's forecast annual revenue growth rate of 20.57% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 14.08%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Western Digital's revenue in 2024 is $11,257,000,000.On average, 4 Wall Street analysts forecast WDC's revenue for 2024 to be $4,162,720,403,703, with the lowest WDC revenue forecast at $4,100,944,890,825, and the highest WDC revenue forecast at $4,272,998,836,185. On average, 3 Wall Street analysts forecast WDC's revenue for 2025 to be $5,780,883,197,777, with the lowest WDC revenue forecast at $5,095,142,972,820, and the highest WDC revenue forecast at $6,793,523,963,760.

In 2026, WDC is forecast to generate $5,660,467,268,628 in revenue, with the lowest revenue forecast at $5,660,467,268,628 and the highest revenue forecast at $5,660,467,268,628.

What is WDC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: WDC) forecast ROA is N/A, which is lower than the forecast US Computer Hardware industry average of 4.85%.

What is WDC's Price Target?

According to 15 Wall Street analysts that have issued a 1 year WDC price target, the average WDC price target is $79.27, with the highest WDC stock price forecast at $115.00 and the lowest WDC stock price forecast at $52.00.

On average, Wall Street analysts predict that Western Digital's share price could reach $79.27 by Apr 18, 2025. The average Western Digital stock price prediction forecasts a potential upside of 20.01% from the current WDC share price of $66.05.

What is WDC's forecast return on equity (ROE) for 2024-2026?

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