(WDC) Western Digital - Overview
Stock: Storage, Drives, NAS, Accessories
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.37% |
| Yield on Cost 5y | 0.70% |
| Yield CAGR 5y | % |
| Payout Consistency | 60.0% |
| Payout Ratio | 3.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 86.2% |
| Relative Tail Risk | -10.8% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.95 |
| Alpha | 420.11 |
| Character TTM | |
|---|---|
| Beta | 1.780 |
| Beta Downside | 1.957 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.63% |
| CAGR/Max DD | 2.08 |
Description: WDC Western Digital January 29, 2026
Western Digital Corp. (NASDAQ: WDC) designs, manufactures and sells a portfolio of data-storage products-including internal and external HDDs, data-center drives and platforms, portable drives, and NAS solutions-through OEM partners, direct sales teams, distributors and retailers across the U.S., Asia, Europe, the Middle East and Africa. Founded in 1970, the company is headquartered in San Jose, California.
In its most recent quarter (Q3 2024), WDC reported revenue of $3.1 billion, a 5 % year-over-year decline driven primarily by weaker HDD shipments (down 8 % YoY) as customers shift toward SSDs for high-performance workloads. Despite the volume dip, the firm maintained an operating margin of 7 % and generated $550 million of free cash flow, underscoring its ability to sustain profitability while navigating a compressing HDD market. The data-center HDD segment still commands roughly 35 % of the global market share, providing a stable revenue base amid broader industry transition.
Key sector drivers include accelerating data-growth from AI and cloud services, which sustains demand for high-capacity, cost-effective HDD storage, and ongoing supply-chain constraints that can affect wafer-level production yields. Monitoring how WDC leverages its 2025 roadmap for energy-efficient HDDs and its strategic partnerships with hyperscale cloud providers will be critical for assessing upside potential. For a deeper, data-rich analysis of these dynamics, consider exploring the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 3.81b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 13.06 > 1.0 |
| NWC/Revenue: 21.94% < 20% (prev 33.58%; Δ -11.64% < -1%) |
| CFO/TA 0.17 > 3% & CFO 2.67b > Net Income 3.81b |
| Net Debt (2.68b) to EBITDA (4.32b): 0.62 < 3 |
| Current Ratio: 1.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (376.0m) vs 12m ago 5.32% < -2% |
| Gross Margin: 42.72% > 18% (prev 0.36%; Δ 4237 % > 0.5%) |
| Asset Turnover: 52.28% > 50% (prev 54.59%; Δ -2.31% > 0%) |
| Interest Coverage Ratio: 17.61 > 6 (EBITDA TTM 4.32b / Interest Expense TTM 224.0m) |
Altman Z'' 3.52
| A: 0.15 (Total Current Assets 7.53b - Total Current Liabilities 5.18b) / Total Assets 15.61b |
| B: 0.24 (Retained Earnings 3.70b / Total Assets 15.61b) |
| C: 0.19 (EBIT TTM 3.94b / Avg Total Assets 20.53b) |
| D: 0.45 (Book Value of Equity 3.72b / Total Liabilities 8.27b) |
| Altman-Z'' Score: 3.52 = A |
Beneish M -3.57
| DSRI: 0.84 (Receivables 1.69b/2.60b, Revenue 10.73b/13.90b) |
| GMI: 0.83 (GM 42.72% / 35.54%) |
| AQI: 0.71 (AQ_t 0.37 / AQ_t-1 0.52) |
| SGI: 0.77 (Revenue 10.73b / 13.90b) |
| TATA: 0.07 (NI 3.81b - CFO 2.67b) / TA 15.61b) |
| Beneish M-Score: -3.57 (Cap -4..+1) = AAA |
What is the price of WDC shares?
Over the past week, the price has changed by -6.54%, over one month by +38.49%, over three months by +62.65% and over the past year by +434.08%.
Is WDC a buy, sell or hold?
- StrongBuy: 15
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the WDC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 248.6 | -4.5% |
| Analysts Target Price | 248.6 | -4.5% |
| ValueRay Target Price | 326.3 | 25.4% |
WDC Fundamental Data Overview January 31, 2026
P/E Forward = 36.9004
P/S = 9.4814
P/B = 13.386
P/EG = 1.1628
Revenue TTM = 10.73b USD
EBIT TTM = 3.94b USD
EBITDA TTM = 4.32b USD
Long Term Debt = 2.48b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.23b USD (from shortTermDebt, last quarter)
Debt = 4.66b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.68b USD (from netDebt column, last quarter)
Enterprise Value = 98.69b USD (96.01b + Debt 4.66b - CCE 1.98b)
Interest Coverage Ratio = 17.61 (Ebit TTM 3.94b / Interest Expense TTM 224.0m)
EV/FCF = 42.80x (Enterprise Value 98.69b / FCF TTM 2.31b)
FCF Yield = 2.34% (FCF TTM 2.31b / Enterprise Value 98.69b)
FCF Margin = 21.48% (FCF TTM 2.31b / Revenue TTM 10.73b)
Net Margin = 35.45% (Net Income TTM 3.81b / Revenue TTM 10.73b)
Gross Margin = 42.72% ((Revenue TTM 10.73b - Cost of Revenue TTM 6.15b) / Revenue TTM)
Gross Margin QoQ = 45.74% (prev 43.54%)
Tobins Q-Ratio = 6.32 (Enterprise Value 98.69b / Total Assets 15.61b)
Interest Expense / Debt = 1.27% (Interest Expense 59.0m / Debt 4.66b)
Taxrate = 6.12% (120.0m / 1.96b)
NOPAT = 3.70b (EBIT 3.94b * (1 - 6.12%))
Current Ratio = 1.45 (Total Current Assets 7.53b / Total Current Liabilities 5.18b)
Debt / Equity = 0.63 (Debt 4.66b / totalStockholderEquity, last quarter 7.34b)
Debt / EBITDA = 0.62 (Net Debt 2.68b / EBITDA 4.32b)
Debt / FCF = 1.16 (Net Debt 2.68b / FCF TTM 2.31b)
Total Stockholder Equity = 5.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.53% (Net Income 3.81b / Total Assets 15.61b)
RoE = 64.18% (Net Income TTM 3.81b / Total Stockholder Equity 5.93b)
RoCE = 46.87% (EBIT 3.94b / Capital Employed (Equity 5.93b + L.T.Debt 2.48b))
RoIC = 33.56% (NOPAT 3.70b / Invested Capital 11.03b)
WACC = 11.95% (E(96.01b)/V(100.66b) * Re(12.47%) + D(4.66b)/V(100.66b) * Rd(1.27%) * (1-Tc(0.06)))
Discount Rate = 12.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.56%
[DCF Debug] Terminal Value 54.77% ; FCFF base≈1.56b ; Y1≈1.02b ; Y5≈466.6m
Fair Price DCF = 8.28 (EV 5.51b - Net Debt 2.68b = Equity 2.83b / Shares 341.9m; r=11.95% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 60.33 | EPS CAGR: 139.9% | SUE: 0.38 | # QB: 0
Revenue Correlation: -34.39 | Revenue CAGR: -9.47% | SUE: 0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.15 | Chg30d=+0.211 | Revisions Net=+9 | Analysts=16
EPS current Year (2026-06-30): EPS=8.16 | Chg30d=+0.383 | Revisions Net=+12 | Growth EPS=+65.6% | Growth Revenue=+30.7%
EPS next Year (2027-06-30): EPS=11.40 | Chg30d=+1.733 | Revisions Net=+12 | Growth EPS=+39.6% | Growth Revenue=+17.0%