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

OverviewForecast
EarningsDividendOwnership

Analyst price target for WDC

Based on 18 analysts offering 12 month price targets for Western Digital Corp.
Min Forecast
$65.00-9.85%
Avg Forecast
$85.72+18.89%
Max Forecast
$115.00+59.5%

Should I buy or sell WDC stock?

Based on 18 analysts offering ratings for Western Digital Corp.
Strong Buy
Strong Buy
11 analysts 61.11%
Buy
4 analysts 22.22%
Hold
3 analysts 16.67%
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%2024-05-14
lockedlocked$00.00+00.00%2024-04-29Find Out Why
lockedlocked$00.00+00.00%2024-04-26
lockedlocked$00.00+00.00%2024-04-26
lockedlocked$00.00+00.00%2024-04-26Find Out Why
Baird
Top 16%
85
BuyMaintains$100.00+38.70%2024-04-26
Benchmark
Top 4%
97
Strong BuyUpgrades$85.00+17.89%2024-04-26
Barclays
Top 18%
83
Strong BuyMaintains$80.00+10.96%2024-04-22Find out why
Bank of America
Top 5%
96
Strong BuyMaintains$85.00+17.89%2024-04-17Find out why
UBS
Top 2%
99
HoldMaintains$80.00+10.96%2024-04-15

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Forecast return on equity

Is WDC forecast to generate an efficient return?
Company
N/A
Industry
-70.56%
Market
21.13%

Forecast return on assets

Is WDC forecast to generate an efficient return on assets?
Company
N/A
Industry
4.76%

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+7.51%
Avg 2 year Forecast
$17.9B+50.34%
Avg 3 year Forecast
$16.7B+40.2%
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
16.91%
Industry
13.88%
Market
9.25%
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$72.10$85.72+18.89%Strong Buy
NTAP$110.47$99.50-9.93%Hold
STX$95.27$94.50-0.81%Buy
PSTG$59.15$53.85-8.97%Strong Buy
HPQ$31.19$33.40+7.09%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 18 Wall Street analysts covering (NASDAQ: WDC) stock is to Strong Buy WDC stock.

Out of 18 analysts, 11 (61.11%) are recommending WDC as a Strong Buy, 4 (22.22%) are recommending WDC as a Buy, 3 (16.67%) are recommending WDC as a Hold, 0 (0%) are recommending WDC as a Sell, and 0 (0%) are recommending WDC as a Strong Sell.

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 16.91% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 13.88%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.25%.

Western Digital's revenue in 2024 is $11,911,000,000.On average, 4 Wall Street analysts forecast WDC's revenue for 2024 to be $4,181,247,963,764, with the lowest WDC revenue forecast at $4,022,130,860,424, and the highest WDC revenue forecast at $4,252,330,751,364. On average, 3 Wall Street analysts forecast WDC's revenue for 2025 to be $5,847,170,289,406, with the lowest WDC revenue forecast at $5,352,065,833,188, and the highest WDC revenue forecast at $6,650,654,437,824.

In 2026, WDC is forecast to generate $5,452,658,940,708 in revenue, with the lowest revenue forecast at $5,452,658,940,708 and the highest revenue forecast at $5,452,658,940,708.

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 4.76%.

What is WDC's Price Target?

According to 18 Wall Street analysts that have issued a 1 year WDC price target, the average WDC price target is $85.72, with the highest WDC stock price forecast at $115.00 and the lowest WDC stock price forecast at $65.00.

On average, Wall Street analysts predict that Western Digital's share price could reach $85.72 by May 14, 2025. The average Western Digital stock price prediction forecasts a potential upside of 18.89% from the current WDC share price of $72.10.

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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