NASDAQ:WDC

Western Digital (WDC)

467.00
-0.46 (0.10%)
as of Sep 4, 2026, 11:58:05 pm Market Open.
31 watching
0
Investor Insights
star iconSep 7, 2026, 12:00 am

This summary was created by AI, based on 9 opinions in the last 12 months.

Western Digital (WDC) has experienced significant fluctuations in stock performance amidst a backdrop of increasing demand for data storage driven by AI and data centers. While the company's recent earnings report showcased a remarkable 44% rise in revenues and an EPS that exceeded analyst expectations, the stock has nonetheless been affected by broader market volatility and performance variability, particularly notable with an intraday drop of 17.7%. Expert opinions suggest a dichotomy in perception; some express confidence due to the essential nature of memory storage in the evolving AI landscape, while others caution regarding its high valuation relative to earnings. Despite a notable bounce back of 88% in Q3, the long-term sustainability of its current price levels may hinge on the sector’s capacity and competitive dynamics. Amid positive growth forecasts, the market's reaction to geopolitical tensions and competitor actions remain pivotal moving forward.

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Consensus
Cautious
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Valuation
Overvalued
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Similar
SNDK

Most recent Opinions go here

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DON'T BUY

One of the S&P's worst performers in August. A momentum play that fell despite a fine quarter. Doesn't help that data centres have become a political football.

DON'T BUY
WDC vs. SNDK

Storage. Great company. He has a bit more confidence in SNDK.

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TOP PICK

Its price stands at around $475.13 USD. It suffered an intraday plunge of 17.7% to 19.1%, marking its worst daily drop since April 2025. The stock was trading strongly near $548 USD on Tuesday but retreated sharply, wiping out recent gains following the earnings call on Wednesday afternoon. Social media mentions are up 1,053% in the past 24h.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

The drive to create AI and data centres requires massive memory and data storage -- WDC's wheelhouse.  Recently reported earnings showed a 44% increase in revenues and EPS beat analyst expectations.  Management expects a similar growth in revenue next quarter.  Quarterly cash reserves are growing, while shares are aggressively bought back and debt reduced.  It trades at 28x earnings and supports a remarkable 85% ROE.  We recommend setting a stop-loss at $300, looking to achieve $674 -- upside potential of 45%.  Yield 0.1%

(Analysts’ price target is $674.17)
BUY

Storage is crucial now for AI and more and more is needed.

DON'T BUY

Trades at a high 46x PE after a strong rally. Too expensive.

BUY ON WEAKNESS

If we hit $120 oil because of the US-Israel-Iran war, memory stocks like this should be bought. Too expensive now.

RISKY
One of the top performers in January

Memory/storage is one of the hottest sectors. The best performer Sandisk gained 143%, Seagate 48%, Micron 45% and Western Digital 45%, because of surging demand from data centres, driven by AI. They reported last week a solid beat and excellent guidance. However, once competitors add more capacity, these high share prices may be hard to maintain.

BUY

Is up 88% in Q3, and one of the top S&P stocks in Q3. He owned this year ago, but it was flat. Glad to see the market recognizing it now.

COMMENT

After the spinoff of the flash drive business, this is now a hard drive disk business. Over time, solid-state drives have taken away from hard drive disks in modern computers. That's been a challenge for the storage companies. 

But AI has increased need for mass capacity storage at data centres, and those are hard drive disks. Tailwind for WDC. His firm tends to stay away from hardware in general. In AI, there are much cleaner stories with less cyclicality. He can't either recommend or criticize a buy on this one.

PAST TOP PICK
(A Top Pick May 22/24, Down 8%)

Competitive space, and cyclical. He sold last fall, but still follows it. 12-month price target of $58.30.

BUY

It's seen many upgrades recently.

SELL

When ASML reported its disappointing memory-chip earnings, he sold this one as a result. This business is so very cyclical; once sold off, takes anywhere from 2-6 quarters to come back.

ASML also talked about how China has built out facilities for memory chips. So, another supply of memory chips that will influence cyclicality in the space.

TRADE

Storage solutions in the tech space. A smaller company compared to the biggies in the semiconductor space. No dividend. Wildly cyclical and volatile. A trade, not something his firm typically does.

TOP PICK

A boring stock that's taken off. Niche of data storage and management. Carving out a position in infrastructure with edge computing. Still decent runway from here. No dividend.

(Analysts’ price target is $87.57)
Showing 1 to 15 of 34 entries

Western Digital (WDC) Frequently Asked Questions

What is Western Digital stock symbol?

Western Digital is a American stock, trading under the symbol WDC (previously WDC-Q on Stockchase) on the NASDAQ (WDC). It is usually referred to as NASDAQ:WDC or WDC

Is Western Digital a buy or a sell?

In the last year, 9 stock analysts issued a Buy, Sell, or Hold rating on WDC (previously WDC-Q on Stockchase). 6 analysts recommended to BUY and 3 analysts recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Western Digital.

Is Western Digital a good investment or a top pick?

Western Digital was recommended as a Top Pick by Jim Cramer - Mad Money on 2026-08-31. Read the latest stock experts ratings for Western Digital.

Why is Western Digital stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Western Digital.

Is Western Digital worth watching?

Western Digital is followed by 31 investors on Stockchase and is a trending stock that is worth watching.

What is Western Digital stock price?

On 2026-09-04, Western Digital (WDC) stock closed at a price of $467.00.

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3.7(9)
Based on 9 expert opinions: 6 buy 0 hold 3 sell