Western Digital (WDC.US) Price Target 2026/2027: 60% Upside – Rating and Stock Analysis

411.04
Price history for Western Digital (WDC.US) – stock price at $411.04, October 2026
Western Digital stock price – price development 2026. Updated Oct 7, 2026.
Share this analysis:

Western Digital Price Target 2026: Analysts See 62% Upside

The average price target for Western Digital is $664.92. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 61.77% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Western Digital overvalued or undervalued?

Western Digital is currently undervalued with a gap of 61.8% relative to the price target.


The current price is $411.04, which places Western Digital in the undervalued category. The stock is considered undervalued when the price is below $598.43, and overvalued when the price exceeds $731.41.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Western Digital, the fair value range lies between $598.43 and $731.41.


See the full price target analysis for Western Digital →

Analyst Ratings for Western Digital stock in 2026: Buy

26 analysts cover Western Digital. There is broad agreement on a positive view — 80.8% recommend buying. The average price target is $664.92, which gives an upside of 61.8% from the current price.

Consensus: Buy (4.46/5)
Strong Buy
17 (65.4%)
Buy
4 (15.4%)
Hold
5 (19.2%)
Strong Sell Sell Hold Buy Strong Buy
4.46 out of 5 based on 26 analysts

About Western Digital – Computer Hardware

Western Digital Corporation, also called WDC, makes money by developing and selling data storage products around the world.

The company makes two main types of storage: traditional hard disk drives (HDDs) and faster solid state drives (SSDs). These drives are sold for use in regular computers, gaming consoles and smart video systems, among other things.

WDC also makes flash-based memory products. These are used in mobile phones, tablets and other portable devices, as well as in cars and IoT solutions. IoT stands for "Internet of Things" and refers to everyday devices that connect to the internet.

The company operates in the United States, Europe, China, the Middle East and the rest of Asia.

WDC also supplies advanced data center systems. This includes their enterprise helium hard drives, which are used in large server systems that store and process data for businesses.
Read more about the company

Key Figures for Western Digital

$167B Market cap
$12.9B Revenue
Computer Hardware Industry
16.89 P/E
12.91 P/S
19.27 P/B
United States Listed on exchange

What kind of stock is Western Digital?

Growth stock Quality stock

Western Digital is classified as a growth stock and quality stock. This means the stock combines several attractive traits, strong financial health (Piotroski 8/9).

Score Overview for Western Digital

💰 Value Score 41/100 (Neutral)
⭐ Quality Score 98/100 (Very High)
🚀 Momentum Score 22/100 (Low)
📊 Total Score 53/100

⚠️ 1 red flag identified

Our analysis has identified 1 potential risk factor in Western Digital that investors should be aware of.

⚠️ High debt: The debt-to-equity ratio is 164% – the company carries considerably more debt than equity, which raises the financial risk.

📈 Valuation

Western Digital trades at a P/E ratio of 16.9, which is close to the market average. The forward P/E is 22.8. The P/S ratio is 12.9 (high — the market pays a premium for the revenue). The P/B ratio is 19.3. The PEG ratio is 0.90 — below 1.0 suggests the stock is cheap relative to its growth rate.

💵 Profitability & Growth

Western Digital has a profit margin of 73.0% (excellent) and an operating margin of 43.6%. Return on equity (ROE) is 130.9% — excellent return on equity. Return on assets (ROA) is 20.8%. The latest quarterly earnings grew 984.1% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 8 out of 9 — excellent financial health. Altman Z2 is 8.91 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 163.6% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 5.38% — elevated, some investors are betting on a decline.

Western Digital Dividend 2026: 0.1% Dividend Yield

Dividend Key Figures for Western Digital

Dividend yield
0.11%
Latest dividend per share
0.15 USD
Payout ratio
5.5%
Low
Dividend growth (6 years)
-57.0%
Avg. annual dividend (3 years)
0.55 USD

When does Western Digital pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
September 8, 2026
Latest payment date
September 17, 2026

How much does Western Digital pay in dividends?

Western Digital pays dividends to its shareholders. The most recently paid dividend was 0.15 USD per share, which corresponds to a dividend yield of 0.11%. Over the last 6 years, the annual dividend has fallen by 57.0%.

The payout ratio is 5.5%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for Western Digital

We have registered dividend payments for Western Digital since Jan 2, 2020. In that period the stock has paid a dividend 7 times, most recently on Sep 8, 2026. However, the stock does not qualify as a stable or sporadic dividend stock, because the dividend payments have been inconsistent in recent years.

Ex-datePayment dateAmountCurrency
2026-09-082026-09-170.15USD
2026-06-052026-06-170.15USD
2026-03-052026-03-180.13USD
2025-12-042025-12-180.13USD
2025-09-042025-09-180.10USD
2020-04-022020-04-170.50USD
2020-01-022020-01-210.50USD

Insider Trading in Western Digital 2026: The Signal Is negative

In 2026, insiders at Western Digital have made 20 transactions, all of which were sales. On a net basis, insiders took $11,718,081 out of the stock. Active insiders include Tregillis Cynthia L, Gubbi Vidyadhara K, STREETER STEPHANIE A and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 9 sales. A net $4,998,255 out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $11,718,081 out of the stock.

Latest sale: Tregillis Cynthia L sold 432 shares at $451.20 each on 2026-09-04.

Who is selling: Tregillis Cynthia L, Gubbi Vidyadhara K, STREETER STEPHANIE A, Tan Irving, Cole Martin I and others.

Latest Insider Trades in Western Digital (2026)

The table shows the last 20 reported insider transactions in Western Digital. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-09-04 Tregillis Cynthia L Sell 432 451 194,918
2026-09-04 Gubbi Vidyadhara K Sell 1,795 460 825,467
2026-09-01 STREETER STEPHANIE A Sell 1,600 455 728,000
2026-08-31 STREETER STEPHANIE A Sell 2,000 449 897,160
2026-08-27 Tregillis Cynthia L Sell 1,007 478 481,709
2026-08-24 Tregillis Cynthia L Sell 684 446 305,180
2026-08-11 Tan Irving Sell 2,478 447 1,108,112
2026-07-28 Cole Martin I Sell 64 465 29,768
2026-07-21 Tregillis Cynthia L Sell 808 530 427,941
2026-06-09 Cole Martin I Sell 48 545 26,158

Who is buying and selling Western Digital shares in 2026?

The following insiders have sold shares: Tregillis Cynthia L, Gubbi Vidyadhara K, STREETER STEPHANIE A, Tan Irving, Cole Martin I and others. In total, $11,718,081 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Western Digital Short Selling 2026: 5.4% Sold Short

High short interest: 5.4% of the free float
Short % of free float
5.4%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
EODHD
Reported about twice a month

Short interest over time: Western Digital

0.0%6.0%12.0%
Peak 10.4% · 6/11
5/307/289/26
5.4% today (high)Peaked at 10.4% on Jun 11, 2026Last 30 days: −0.9 percentage pointsMeasured over 119 days
What does the trend tell you?
Short interest is falling. It is down 0.9 percentage points over the last month and now stands at 5.4%. The peak was 10.4% on Jun 11, 2026, so it is now 5.1 percentage points lower. This is how shorting works: whoever shorts has borrowed the share and sold it, and to close the position again they must buy the share back. Falling short interest therefore means shares are being bought back in Western Digital right now.

Many investors watch for exactly this: short interest that has been high and starts falling back. The professionals who bet on a falling price are closing down. That is not in itself a signal about what the price will do — we cannot predict the market, and short interest is only one number among many. But it does say something about what the large players are doing.
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 5.4% means that 5.4% of the freely traded shares in Western Digital have been borrowed and sold by investors betting on falling prices.

The next potential catalyst is the earnings report on Oct 29, 2026. With a short interest of 5.4%, the report can trigger considerable volatility.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
5.4%

When Does Western Digital Report Earnings – Next Date: Oct 29, 2026

The next earnings report from Western Digital is scheduled for October 29, 2026. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Western Digital 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Western Digital (WDC.US) – RSI 40, MACD negative (bearish), daily candlestick chart October 2026
Western Digital technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Western Digital Corporation

Western Digital Corporation is in a short-term downtrend. The price of $411.04 is 7.6% below the 20-day average ($444.84). Medium term, the picture is negative: the price is 11.2% below the 50-day average ($462.86). Long term, the stock is 2.1% above the 200-day average ($402.55), which confirms a long-term uptrend.

Golden Cross: The 50-day average (462.86) is above the 200-day average (402.55), which is a classic bullish signal for Western Digital Corporation.

Is Western Digital Corporation overbought or oversold?

Western Digital Corporation has an RSI of 40.5. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold.

MACD Analysis for Western Digital Corporation

Daily MACD: MACD is negative (-8.613), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-7.054) by 1.559, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is positive (21.010), which indicates a broader bullish long-term trend. MACD5 is below the signal line (44.957) by 23.947, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Short-term momentum is still falling – a deeper pullback is possible.

Risk Profile for Western Digital Corporation

Western Digital Corporation has an annual standard deviation of 80.4%, which classifies the stock as Extremely speculative. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Western Digital Corporation

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-8.613). Weekly bullish (21.010).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 40.5 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Western Digital stock in 2026

Should you buy Western Digital stock now?
The technical signal for Western Digital is currently Hold. Western Digital trades at $411.04 as of Oct 7, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -8.613 with falling momentum (signal: -7.054); RSI is at 40.5 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $664.92 points to 61.8% upside. This is a technical observation based on current data, not investment advice.
What is the price target for Western Digital stock?
The average analyst price target for Western Digital is $664.92. The current price is $411.04, which gives an upside of 61.8%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $598.43 and $731.41.
Is Western Digital a dividend stock?
Yes, Western Digital is a dividend stock with a dividend yield of 0.11%. The latest dividend was $0.15 per share. The latest ex-dividend date (traded without the dividend) was Sep 8, 2026. The payout ratio is 5.5%, which is considered sustainable.
When does Western Digital pay a dividend in 2026?
The next dividend date for Western Digital has not been set yet. The latest ex-dividend date (last trading day with dividend rights) was Sep 8, 2026. The latest dividend was $0.15 per share with an ex-dividend date of Sep 8, 2026. The dividend yield is 0.11%. The payout ratio of 5.5% points to a sustainable dividend with room to grow.
What is the risk of Western Digital stock?
Western Digital is rated as a stock in the risk category Extremely speculative. the annual standard deviation is 80.4%, which classifies the stock as Extremely speculative.
Is Western Digital overvalued?
No, Western Digital is considered undervalued based on the analyst price target (61.8% upside). Western Digital has the following valuation ratios: a P/E ratio of 16.9 (moderately valued), a P/S ratio of 12.9, a P/B ratio of 19.3. The analyst price target suggests that the stock is undervalued by 61.8%.
Is Western Digital overbought?
No, Western Digital is not overbought. RSI is at 40.5 (neutral zone). The technical indicators show: RSI is at 40.5 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 7.6% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next Western Digital earnings report?
Western Digital reports its next earnings on October 29, 2026. The stock currently trades at $411.04. With a P/E ratio of 16.9, the market will be watching closely whether earnings meet expectations.
Is Western Digital shorted?
Yes, Western Digital is shorted with 5.4% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Western Digital stock?
No, insiders are not buying Western Digital shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 9 sales. On a net basis, 4,998,255 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 11,718,081 $ sold. Active sellers include Tregillis Cynthia L, Gubbi Vidyadhara K, STREETER STEPHANIE A and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Western Digital a good stock?
Based on our total score, Western Digital is rated as a mediocre stock with a total score of 53 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 41/100, Quality: 98/100, Momentum: 22/100. In addition: analysts see 61.8% upside to the price target; a dividend of 0.11%; technical signal: Hold. Whether Western Digital is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Western Digital stock?
The outlook for Western Digital based on current data: the average analyst price target is $664.92 (+61.8%); the next earnings report is due on Oct 29, 2026, which can move the price; the P/E ratio is 16.9 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Western Digital stock falling?
Western Digital is falling right now. The technical indicators show: the price is 7.6% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 5.4% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Western Digital go?
The average analyst price target for Western Digital is $664.92, which corresponds to a potential gain of 61.8% from the current price of $411.04. The stock has traded between $112.31 and $799.62 over the last 52 weeks. The price is 48.6% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Western Digital fall?
The stock has traded as low as $112.31 over the last 52 weeks — that is 72.7% below the current price of $411.04. The biggest decline (drawdown) in the same period was 86.0% from high to low. Within a year, the price typically swings about ±80.4% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Western Digital do?
Western Digital Corporation, also called WDC, makes money by developing and selling data storage products around the world. The company makes two main types of storage: traditional hard disk drives (HDDs) and faster solid state drives (SSDs). These drives are sold for use in ... The company belongs to the Technology sector, more specifically the Computer Hardware industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Western Digital as an investment.
Did Western Digital raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Western Digital. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Western Digital making money or losing money?
Yes, Western Digital is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 73.0% — which is excellent. The operating margin (profit before interest and taxes) is 43.6%. At a P/E ratio of 16.9, you currently pay 16.9 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Western Digital go bankrupt?
The bankruptcy risk of Western Digital is rated as low. Altman Z2 (a model for assessing financial distress) is 8.91 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 8 — which is strong. Debt relative to equity is 164% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Western Digital have a lot of debt?
Yes, Western Digital has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 164%. For the technology sector, anything above 120% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Tech companies are usually asset-light and need little borrowed capital — anything below 60% counts as low in this sector. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Western Digital service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 390.8x, and the company has more cash than debt (net cash).

Other Stocks in Technology

Compare Western Digital with other stocks in the technology sector. Click a stock to see its technical analysis, insider trading and key figures.

See all 204 stocks in the Technology sector