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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The experts' reviews of Western Digital (WDC-Q) indicate a mix of positive and cautious sentiments. One expert notes the company's recent merger termination, successful spin-off of Sandisk, and debt restructuring as positive factors, predicting a potential for good performance in the future. Another expert acknowledges the 47% rally in shares this year but expresses concerns about the company's unstable history and challenges in the memory market. Overall, the reviews suggest a combination of optimism and caution in assessing Western Digital's future prospects.

Consensus
Mixed
Valuation
Fair Value
TOP PICK
Western Digital

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)
computer software / processing
PARTIAL BUY
Western Digital

Yes, shares have rallied 47% this year, but shares were also cut in half compared to 2021. Memory has been a difficult in the semis space. WDC isn't pure quality, and momentum is positive long-term.

computer software / processing
BUY
Western Digital

He just bought it after watching it for a while. He also owns Micron which is making new highs today. WDC termindated a merger earlier this year, but they spun off Sandisk which has done well. Also, WDC had been and will restructure their debt. Good. With rates coming down, this sets up WDC to perform well in the future.

computer software / processing
HOLD
Western Digital

China is building out its own technology hardware industry. China was the biggest net importer relative to their needs and will now displace US market share. This is a trade that you buy when it is weak. Don't add fresh money. He would prefer TSM-N.

computer software / processing
COMMENT
Western Digital

He owned Western Digital a few years ago. He still follows it, but finds there are other players, like Juniper or Cisco, who are better investments today.

computer software / processing
BUY
Western Digital

He has been cautious on tech generally as there has been so much money going into the sector. The valuation is still cheap, but getting towards higher levels and recent earnings did not prove up these metrics. He would look to add to his position on this pullback.

computer software / processing
COMMENT
Western Digital

He is somewhat positive on this. Taking the earnings into account with its balance sheet, it is positive. His model price is $144.66, a 71% upside. This is cyclical, so you do get a substantial discount from value. It looks like it wants to hold here. If it were to break here, the support level is $65.

computer software / processing
TOP PICK
Western Digital

A hardware company focusing on memory. Just completed a takeover of their competition Sandisk in May, so they are a sort of the “go to” company now. They have a great customer base including Alphabet, Apple, Walmart. As we use the Cloud more and more, this company is a great beneficiary. Dividend yield of 2.89%. (Analysts’ price target is $77.96.)

computer software / processing
HOLD
Western Digital

Recently acquired SanDisk. There are a lot of concerns around the information technology semiconductors. Not one of her favourites, both in valuation and questionable earnings growth.

computer software / processing
PAST TOP PICK
Western Digital
(A Top Pick Sept 17/09. Down 27%.) Got Stopped out at $31 for loss of 15%. Computer hard drive manufacturer.
computer software / processing
PAST TOP PICK
Western Digital
(A Top Pick Sept 17/09. Up 11%.) Should continue to recover with the global recovery of IT spending as well as PC upgrade cycle. Made $1.85 last quarter versus analysts’ estimates of $1.36. 12 straight quarters of earnings surprises. Very cheap at 6.7X forward earnings. Still a Buy.
computer software / processing
BUY
Western Digital
Manufacture internal hard drive storage for computers. Has great technical strength. Cheap at 11X earnings.
computer software / processing
TOP PICK
Western Digital
Manufactures hard drive storage space for personal computers/laptops. Makes storage solutions for enterprise applications. Electronic devices for PVRs. The new Windows 7 application is going to spur sales of new PCs.
computer software / processing
PAST TOP PICK
Western Digital
(A Top Pick Dec 3/07. Down 9.18%.) Hard drive market consolidated 5 or 6 years ago and they stopped being so competitive. ROE is fine and the growth is there.
computer software / processing
TOP PICK
Western Digital
A hard drive story. A lot of digital cameras, etc. now have hard drives. They are also the leader in laptops. A massive amount of data is being produced. Video is in the early stages of truly being digitized. They will be a key beneficiary. Hard drive industry has consolidated so pricing is much more rational. Likes the long-term trend.
computer software / processing
Showing 1 to 15 of 20 entries

Western Digital(WDC-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Western Digital is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Western Digital(WDC-Q) Frequently Asked Questions

What is Western Digital stock symbol?

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

Is Western Digital a buy or a sell?

In the last year, 2 stock analysts published opinions about WDC-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 help on deciding if you should buy, sell or hold the stock.

Is Western Digital worth watching?

2 stock analysts on Stockchase covered Western Digital In the last year. It is a trending stock that is worth watching.

What is Western Digital stock price?

On 2024-07-23, Western Digital (WDC-Q) stock closed at a price of $72.97.