Western Digital
(NASDAQ:WDC)
$68.20
-1.35[-1.94%]
At close: Apr 25
$68.20
0[0.00%]
After Hours: 7:59PM EDT
Q3 2024 Earnings were released on Thu Apr 25th, after the market close
The most recent conference call was at 16:30 PM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$80.00
Lowest Price Target1
$80.00
Consensus Price Target1
$62.77

Western Digital Stock (NASDAQ:WDC), Analyst Ratings, Price Targets, Predictions

Western Digital Corp has a consensus price target of $62.77, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Raymond James, and Morgan Stanley on April 22, 2024, April 22, 2024, and April 18, 2024. With an average price target of $54.33 between Barclays, Raymond James, and Morgan Stanley, there's an implied -20.33% downside for Western Digital Corp from these 3 analyst ratings.

Analyst Trend
1
Dec 23
9
1
Jan
2
2
Mar
7
4
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Raymond James
Morgan Stanley
B of A Securities
UBS

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Western Digital

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/22/2024WDCBuy Now
Western Digital
$68.2017.3%Barclays
Tom O'Malley
$70 → $80MaintainsOverweightGet Alert
04/22/2024WDCBuy Now
Western Digital
$68.20Raymond James
Srini Pajjuri
DowngradeOutperform → Market PerformGet Alert
04/18/2024WDCBuy Now
Western Digital
$68.2021.7%Morgan Stanley
Joseph Moore
$73 → $83MaintainsOverweightGet Alert
04/17/2024WDCBuy Now
Western Digital
$68.2024.63%B of A Securities
Wamsi Mohan
$75 → $85MaintainsBuyGet Alert
04/15/2024WDCBuy Now
Western Digital
$68.2017.3%UBS
Timothy Arcuri
$65 → $80MaintainsNeutralGet Alert
04/12/2024WDCBuy Now
Western Digital
$68.2011.44%Goldman Sachs
Toshiya Hari
$58 → $76MaintainsNeutralGet Alert
04/10/2024WDCBuy Now
Western Digital
$68.2039.3%Wells Fargo
Aaron Rakers
$72 → $95MaintainsOverweightGet Alert
04/10/2024WDCBuy Now
Western Digital
$68.2021.7%Susquehanna
Medhi Hosseini
$68 → $83MaintainsNeutralGet Alert
04/09/2024WDCBuy Now
Western Digital
$68.2017.3%Mizuho
Vijay Rakesh
$66 → $80MaintainsBuyGet Alert
04/08/2024WDCBuy Now
Western Digital
$68.2046.63%Cantor Fitzgerald
C J Muse
$70 → $100MaintainsOverweightGet Alert
04/05/2024WDCBuy Now
Western Digital
$68.2068.62%Rosenblatt
Kevin Cassidy
$65 → $115UpgradeNeutral → BuyGet Alert
03/27/2024WDCBuy Now
Western Digital
$68.2017.3%Evercore ISI Group
Amit Daryanani
→ $80Initiates → OutperformGet Alert
03/11/2024WDCBuy Now
Western Digital
$68.202.64%Cantor Fitzgerald
C J Muse
→ $70ReiteratesOverweight → OverweightGet Alert
03/06/2024WDCBuy Now
Western Digital
$68.20-4.69%UBS
Timothy Arcuri
$55 → $65MaintainsNeutralGet Alert
03/06/2024WDCBuy Now
Western Digital
$68.20-4.69%Rosenblatt
Kevin Cassidy
$60 → $65MaintainsNeutralGet Alert
01/29/2024WDCBuy Now
Western Digital
$68.20-14.96%Goldman Sachs
Toshiya Hari
$48 → $58MaintainsNeutralGet Alert
01/26/2024WDCBuy Now
Western Digital
$68.20-3.23%Mizuho
Vijay Rakesh
$62 → $66MaintainsBuyGet Alert
01/26/2024WDCBuy Now
Western Digital
$68.202.64%Barclays
Tom O'Malley
$65 → $70MaintainsOverweightGet Alert
01/26/2024WDCBuy Now
Western Digital
$68.202.64%Cantor Fitzgerald
C J Muse
→ $70ReiteratesOverweight → OverweightGet Alert

FAQ

Q

What is the target price for Western Digital (WDC)?

A

The latest price target for Western Digital (NASDAQ: WDC) was reported by Barclays on April 22, 2024. The analyst firm set a price target for $80.00 expecting WDC to rise to within 12 months (a possible 17.30% upside). 54 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Western Digital (WDC)?

A

The latest analyst rating for Western Digital (NASDAQ: WDC) was provided by Barclays, and Western Digital maintained their overweight rating.

Q

When was the last upgrade for Western Digital (WDC)?

A

The last upgrade for Western Digital Corp happened on April 5, 2024 when Rosenblatt raised their price target to $115. Rosenblatt previously had a neutral for Western Digital Corp.

Q

When was the last downgrade for Western Digital (WDC)?

A

The last downgrade for Western Digital Corp happened on April 22, 2024 when Raymond James changed their price target from N/A to N/A for Western Digital Corp.

Q

When is the next analyst rating going to be posted or updated for Western Digital (WDC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Western Digital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Western Digital was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.

Q

Is the Analyst Rating Western Digital (WDC) correct?

A

While ratings are subjective and will change, the latest Western Digital (WDC) rating was a maintained with a price target of $70.00 to $80.00. The current price Western Digital (WDC) is trading at is $68.20, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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