Western Digital Corporation (WDC) Stock Forecast & Price Target
Western Digital Corporation · NASDAQ
$459.89-22.39 (-4.64%)
15-min delayed · Sep 10, 1:00 PM ET · Get real-time quotes →
The Quantellect read.Of the 20 firms covering Western Digital Corporation, 16 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. The target range is very wide, $250.00 to $900.00 (about 3.6x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $604.50 sits 31% above the current $459.89. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.67 next quarter toward $31.75 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS20 ratings
Strong Buy
Strong Buy00%
Buy1680%
Hold420%
Sell00%
Strong Sell00%
Based on 20 analysts giving stock ratings to Western Digital Corporation.
As of Sep, 16 of 19 firms rate WDC a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
WDC EPS & revenue forecast
EPS · NEXT QUARTER
$4.67
Range $4.19 – $5.24 · 19 analysts · +119% YoY
Next period, 19 analysts expect Western Digital Corporation to earn $4.67 a share (range $4.19 – $5.24), versus $2.13 a year earlier. Full-year consensus is $20.09, growing to $31.75 the year after.
REVENUE · NEXT QUARTER
$4.5B
Range $4.3B – $5.0B · 19 analysts · +51% YoY
Revenue is expected to reach $4.5B (range $4.3B – $5.0B), +50.5% year-over-year. Full-year consensus is $19.2B, rising to $26.2B next year.
Top analysts covering Western Digital Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on WDC.
#1
Samik Chatterjee
JP Morgan · Rank #59
Buy
$650.00+41.3% to target
Overall win rate
49%
+ Follow
#2
Mark Miller
Benchmark · Rank #145
Buy
$200.00-56.5% to target
Overall win rate
39%
+ Follow
#3
Erik Woodring
Morgan Stanley · Rank #239
Buy
$676.00+47.0% to target
Overall win rate
49%
+ Follow
#4
Kevin Cassidy
Rosenblatt · Rank #271
Buy
$800.00+74.0% to target
Overall win rate
35%
+ Follow
#5
AM
Asiya Merchant
Citigroup
Buy
$740.00+60.9% to target
Coverage
—
+ Follow
WDC stock forecast FAQ
What is WDC's average 12-month price target?+
The 16 analysts with a live target average $604.50 for Western Digital Corporation over the next 12 months, ranging from a $900.00 high to a $250.00 low.
Is WDC stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 20 analyst ratings, 16 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for WDC?+
The Street-high target is $900.00 (Cantor Fitzgerald), and the Street-low is $250.00 (Goldman Sachs). The average of all 16 active targets is $604.50.
How many Wall Street analysts cover WDC?+
20 analysts have an active rating on Western Digital Corporation, and 16 firms carry a live 12-month price target.
Who is the most accurate analyst covering WDC?+
Among analysts who currently cover WDC, Samik Chatterjee of JP Morgan has the strongest overall Quantellect track record (Rank #59). Their current call is Buy with a $650.00 target.
What is Western Digital Corporation's projected EPS for next quarter?+
The consensus estimate is $4.67 per share (range $4.19 – $5.24) across 19 analysts. Full-year EPS is projected at $20.09, rising to $31.75 the following year.
How much revenue is Western Digital Corporation expected to report next quarter?+
Consensus revenue is $4.5B (range $4.3B – $5.0B). Full-year revenue is projected at $19.2B, growing to $26.2B next year.
Have analysts been upgrading or downgrading WDC lately?+
As of Sep, 16 of 19 firms rate WDC a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their WDC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
