Western Digital Corporation’s stock price dips to $121.53, marking a 3.70% decline

Western Digital Corporation (WDC)

121.53 USD -4.67 (-3.70%) Volume: 10.16M

Western Digital Corporation’s stock price stands at 121.53 USD, experiencing a trading session decline of -3.70%, with a trading volume of 10.16M. Despite the daily downturn, WDC showcases a remarkable YTD growth of +169.72%, reflecting its robust market performance.

Latest developments on Western Digital Corporation

Western Digital (WDC) has seen significant movements in its stock price recently, with analysts upgrading the company and expanding its system integration lab. UBS has raised the target price for WDC to $135, while Mizuho maintains an outperform recommendation. Despite a surge of 250.9% in the past 6 months, investors are questioning whether WDC is a buy, hold, or sell. With new investments from firms like John G Ullman & Associates Inc. and Praxis Investment Management Inc., WDC continues to attract attention. As the company focuses on AI and data storage leadership, the future looks promising, although concerns about reaching all-time highs by 2025 linger.

Western Digital Corporation on Smartkarma

Analysts at Baptista Research have been closely covering Western Digital on Smartkarma, providing valuable insights into the company’s performance. In a recent report titled “Western Digital Corporation: Can They Build A Strong Competitive Positioning In The AI-Driven Economy?”, the analysts expressed a bullish sentiment towards the company’s fourth-quarter fiscal 2025 financial results. They highlighted the increased demand from the data center market, particularly from hyperscale customers, leading to a 30% yearly revenue increase and a non-GAAP gross margin of 41.3%. This positive performance was attributed to a shift towards higher capacity drives and effective cost management.

Furthermore, in another report titled “Western Digital’s Margin-Expansion Strategy & Market Tailwinds Are Upping Its Game But Is It A Long-Term BUY?”, Baptista Research analysts delved into Western Digital‘s recent earnings. They noted a 31% year-over-year increase in revenue for the third fiscal quarter of 2025, reaching $2.3 billion. Despite a 5% sequential decline, the company’s non-GAAP gross margin improved to 40.1%, surpassing previous guidance. With non-GAAP earnings per share at $1.36, the analysts discussed both the strengths and challenges facing Western Digital in the current market landscape.

A look at Western Digital Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Western Digital Corporation, a global provider of digital storage solutions, has received favorable scores in several key areas according to Smartkarma Smart Scores. With a high momentum score of 5, the company is showing strong performance in the market. Additionally, Western Digital has received moderate scores in growth and resilience, indicating potential for future expansion and stability in the face of challenges. However, the company’s value and dividend scores are lower, suggesting room for improvement in these areas.

Despite some areas for growth, Western Digital Corporation remains a solid player in the digital storage industry. With a wide range of products including hard drives and solid-state drives, the company caters to the growing demand for storage solutions for digital content. While the company may need to focus on improving its value and dividend scores, its overall outlook is positive with strong momentum and decent scores in growth and resilience.

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