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

Analyst price target for WDC

Based on 10 analysts offering 12 month price targets for Western Digital Corp

Min Forecast
$80.00+12.57%
Avg Forecast
$92.00+29.45%
Max Forecast
$115.00+61.81%

Should I buy or sell WDC stock?

Based on 10 analysts offering ratings for Western Digital Corp.

Strong Buy
Strong Buy
7 analysts 70%
Buy
2 analysts 20%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus "Strong Buy" rating. Learn More

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WDC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-12-03
lockedlocked$00.00+00.00%2024-11-26
lockedlocked$00.00+00.00%2024-10-25Find Out Why
lockedlocked$00.00+00.00%2024-10-25
lockedlocked$00.00+00.00%2024-10-25
Benchmark
Top 7%
94
Strong BuyReiterates$92.00+29.45%2024-10-25
Morgan Stanley
Top 3%
98
Strong BuyMaintains$100.00+40.71%2024-10-25Find out why
Rosenblatt
Top 3%
98
Strong BuyMaintains$115.00+61.81%2024-10-25
TD Cowen
Top 24%
77
Strong BuyMaintains$80.00+12.57%2024-09-13
Evercore ISI Group
Top 3%
98
BuyMaintains$85.00+19.60%2024-08-15

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Forecast return on equity

Is WDC forecast to generate an efficient return?

Company
14.19%
Industry
-114.32%
Market
70.65%
WDC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WDC forecast to generate an efficient return on assets?

Company
6.67%
Industry
10.57%
WDC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WDC earnings per share forecast

What is WDC's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$6.56+605.38%
Avg 2 year Forecast
$9.73+946.59%
Avg 3 year Forecast
$4.78+413.98%
WDC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WDC revenue forecast

What is WDC's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$16.7B+16.67%
Avg 2 year Forecast
$19.5B+35.68%
Avg 3 year Forecast
$19.0B+32.72%
WDC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WDC earnings growth forecast

How is WDC forecast to perform vs Computer Hardware companies and vs the US market?

Company
103.41%
Industry
28%
Market
17.31%
WDC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WDC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WDC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WDC revenue growth forecast

How is WDC forecast to perform vs Computer Hardware companies and vs the US market?

Company
12.19%
Industry
10.74%
Market
8.88%
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$71.07$92.00+29.45%Strong Buy
SMCI$43.93$57.90+31.80%Hold
NTAP$131.11$136.73+4.29%Buy
PSTG$64.92$70.94+9.28%Buy
STX$98.51$123.86+25.73%Buy

Western Digital Stock Forecast FAQ

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

The consensus among 10 Wall Street analysts covering (NASDAQ: WDC) stock is to Strong Buy WDC stock.

Out of 10 analysts, 7 (70%) are recommending WDC as a Strong Buy, 2 (20%) are recommending WDC as a Buy, 1 (10%) 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 earnings growth forecast for 2025-2027?

(NASDAQ: WDC) Western Digital's forecast annual earnings growth rate of 103.41% is forecast to beat the US Computer Hardware industry's average forecast earnings growth rate of 28%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Western Digital's earnings in 2024 is $322,000,000.On average, 3 Wall Street analysts forecast WDC's earnings for 2025 to be $2,267,847,452, with the lowest WDC earnings forecast at $2,240,190,775, and the highest WDC earnings forecast at $2,309,332,466. On average, 3 Wall Street analysts forecast WDC's earnings for 2026 to be $3,364,884,086, with the lowest WDC earnings forecast at $2,364,645,819, and the highest WDC earnings forecast at $4,556,437,411.

In 2027, WDC is forecast to generate $1,652,486,405 in earnings, with the lowest earnings forecast at $1,652,486,405 and the highest earnings forecast at $1,652,486,405.

What is WDC's revenue growth forecast for 2025-2027?

(NASDAQ: WDC) Western Digital's forecast annual revenue growth rate of 12.19% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 10.74%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Western Digital's revenue in 2024 is $14,348,000,000.On average, 4 Wall Street analysts forecast WDC's revenue for 2025 to be $5,786,969,363,571, with the lowest WDC revenue forecast at $5,746,573,330,838, and the highest WDC revenue forecast at $5,813,433,345,648. On average, 3 Wall Street analysts forecast WDC's revenue for 2026 to be $6,730,055,109,186, with the lowest WDC revenue forecast at $6,212,726,608,863, and the highest WDC revenue forecast at $7,347,687,460,062.

In 2027, WDC is forecast to generate $6,583,263,842,957 in revenue, with the lowest revenue forecast at $6,583,263,842,957 and the highest revenue forecast at $6,583,263,842,957.

What is WDC's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: WDC) forecast ROA is 6.67%, which is lower than the forecast US Computer Hardware industry average of 10.57%.

What is WDC's Price Target?

According to 10 Wall Street analysts that have issued a 1 year WDC price target, the average WDC price target is $92.00, with the highest WDC stock price forecast at $115.00 and the lowest WDC stock price forecast at $80.00.

On average, Wall Street analysts predict that Western Digital's share price could reach $92.00 by Dec 3, 2025. The average Western Digital stock price prediction forecasts a potential upside of 29.45% from the current WDC share price of $71.07.

What is WDC's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: WDC) Western Digital's current Earnings Per Share (EPS) is $0.93. On average, analysts forecast that WDC's EPS will be $6.56 for 2025, with the lowest EPS forecast at $6.48, and the highest EPS forecast at $6.68. On average, analysts forecast that WDC's EPS will be $9.73 for 2026, with the lowest EPS forecast at $6.84, and the highest EPS forecast at $13.18. In 2027, WDC's EPS is forecast to hit $4.78 (min: $4.78, max: $4.78).

What is WDC's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: WDC) forecast ROE is 14.19%, which is considered weak.
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