
Western Digital (WDC) Stock Forecast & Price Target
Western Digital (WDC) Analyst Ratings
Bulls say
Western Digital is positioned well in the HDD market, with strong gross and incremental margins. Their focus on developing and manufacturing data storage devices and solutions, along with a strong cash balance and net cash position, sets them up for future growth and success. Additionally, their strong performance and long-term agreements with customers make them a solid investment choice with potential for continued growth.
Bears say
Western Digital is facing stiff competition from Seagate in the HDD market, leading to slower earnings growth and a lower price target of $800 based on a 23x FY28 NG EPS estimate. Additionally, the company's operating margin and EPS showed improvement, but exabyte shipment estimates for FY27 and FY28 have been reduced. Despite progress in technology updates, WDC's profitability is affected by LTA repricing cadence, customer mix, and product transition timing.
This aggregate rating is based on analysts' research of Western Digital and is not a guaranteed prediction by Public.com or investment advice.
Western Digital (WDC) Analyst Forecast & Price Prediction
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