Large-cap Technology company Western Digital has logged a 1.6% change today on a trading volume of 1,129,108. The average volume for the stock is 8,429,110.
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. Based in San Jose, United States the company has 40,000 full time employees and a market cap of $39,411,200,000. Western Digital currently offers its equity investors a dividend that yields 0.1% per year.
The company is now trading -1.74% away from its average analyst target price of $117.0 per share. The 22 analysts following the stock have set target prices ranging from $62.0 to $190.0, and on average give Western Digital a rating of buy.
Over the last 52 weeks, WDC stock has risen 120.8%, which amounts to a 107.1% difference compared to the S&P 500. The stock's 52 week high is $137.4 whereas its 52 week low is $28.83 per share. With its net margins declining an average -3.5% over the last 6 years, Western Digital may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 13,003,000 | -798,000 | -6 | 57.14 |
| 2023 | 12,318,000 | -1,684,000 | -14 | -275.0 |
| 2022 | 18,793,000 | 1,546,000 | 8 | 60.0 |
| 2021 | 16,922,000 | 821,000 | 5 | 600.0 |
| 2020 | 16,736,000 | -250,000 | -1 | 80.0 |
| 2019 | 16,569,000 | -754,000 | -5 |
