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Western Digital Corporation (WDC)



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Upturn Advisory Summary
10/14/2025: WDC (5-star) is a STRONG-BUY. BUY since 111 days. Simulated Profits (156.12%). Updated daily EoD!
1 Year Target Price $114.5
1 Year Target Price $114.5
15 | Strong Buy |
5 | Buy |
5 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 90.1% | Avg. Invested days 52 | Today’s Advisory Regular Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 40.74B USD | Price to earnings Ratio 26.74 | 1Y Target Price 114.5 |
Price to earnings Ratio 26.74 | 1Y Target Price 114.5 | ||
Volume (30-day avg) 25 | Beta 1.83 | 52 Weeks Range 28.74 - 137.40 | Updated Date 10/14/2025 |
52 Weeks Range 28.74 - 137.40 | Updated Date 10/14/2025 | ||
Dividends yield (FY) 0.08% | Basic EPS (TTM) 4.23 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 19.84% | Operating Margin (TTM) 15.4% |
Management Effectiveness
Return on Assets (TTM) 7% | Return on Equity (TTM) 19.81% |
Valuation
Trailing PE 26.74 | Forward PE 19.65 | Enterprise Value 48362998258 | Price to Sales(TTM) 4.28 |
Enterprise Value 48362998258 | Price to Sales(TTM) 4.28 | ||
Enterprise Value to Revenue 5.08 | Enterprise Value to EBITDA 24.96 | Shares Outstanding 342795534 | Shares Floating 344667132 |
Shares Outstanding 342795534 | Shares Floating 344667132 | ||
Percent Insiders 0.56 | Percent Institutions 108.21 |
Upturn AI SWOT
Western Digital Corporation

Company Overview
History and Background
Western Digital Corporation (WDC) was founded in 1970. Initially a semiconductor manufacturer, it entered the hard drive market in 1988 and expanded into flash memory through acquisitions, becoming a major player in data storage solutions.
Core Business Areas
- HDD (Hard Disk Drives): Western Digital designs, manufactures, and sells hard disk drives for desktop computers, laptops, enterprise servers, and other applications.
- Flash Memory: This segment includes solid-state drives (SSDs), embedded flash memory products, and removable flash memory cards, catering to consumer and enterprise markets.
Leadership and Structure
David Goeckeler is the current CEO. The company operates with a functional organizational structure, dividing its business into distinct units like HDD and Flash, each led by senior management.
Top Products and Market Share
Key Offerings
- HDDs: Western Digital offers a wide range of HDDs, including WD Blue, WD Black, and WD Red series. Competitors are Seagate (STX) and Toshiba. Market share fluctuates but hovers around 35% combined with its HGST product line. 2023 Revenue from HDD was approximately $6.6B (Source: WDC Annual Report).
- SSDs: Western Digital's SSDs include WD Blue, WD Black, and SanDisk SSDs. Competitors are Samsung, SK Hynix, Micron (MU) and Kioxia. Market share is approximately 15-20%. 2023 Revenue from Flash was approximately $5.2B (Source: WDC Annual Report).
- Flash Memory Cards: SanDisk provides flash memory cards for cameras, smartphones, and other mobile devices. Main competitors are Samsung and Micron (MU). The revenue generated is embedded in the flash memory revenue.
Market Dynamics
Industry Overview
The data storage industry is highly competitive and cyclical, driven by demand from consumer electronics, cloud computing, and enterprise IT infrastructure. Growth is influenced by technological advancements and economic conditions.
Positioning
Western Digital holds a strong position in both the HDD and SSD markets, leveraging its broad product portfolio and strategic partnerships. Competitive advantages include its scale, technology, and brand recognition.
Total Addressable Market (TAM)
The total addressable market for data storage is estimated to be in the hundreds of billions of dollars. WDC is positioned to address a significant portion of this TAM through its diverse product offerings and established market presence.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Extensive product portfolio
- Established relationships with key customers
- Significant R&D investments
- Vertical integration
Weaknesses
- Exposure to cyclical industry trends
- High debt levels
- Dependence on key suppliers
- Competition from lower-cost manufacturers
- Historical difficulties integrating acquisitions
Opportunities
- Growing demand for cloud storage
- Increasing adoption of SSDs
- Expansion into emerging markets
- Development of new storage technologies
- AI and Data Analytics Growth
Threats
- Intense price competition
- Technological obsolescence
- Economic downturns
- Supply chain disruptions
- Geopolitical risks
Competitors and Market Share
Key Competitors
- STX
- MU
- SNDKF
Competitive Landscape
Western Digital faces intense competition from other storage manufacturers. It must continue to innovate and adapt to changing market conditions to maintain its competitive position.
Major Acquisitions
SanDisk
- Year: 2016
- Acquisition Price (USD millions): 19000
- Strategic Rationale: The acquisition of SanDisk expanded Western Digital's presence in the flash memory market and diversified its product portfolio.
HGST
- Year: 2012
- Acquisition Price (USD millions): 4300
- Strategic Rationale: The acquisition of HGST increased WDC's market share in HDD especially for enterprise-class products.
Growth Trajectory and Initiatives
Historical Growth: Historically, Western Digital's growth has been tied to the overall demand for data storage. Acquisitions have also played a role in expanding its market presence.
Future Projections: Analysts project future growth to be driven by the increasing demand for SSDs and cloud storage solutions. Revenue is expected to grow in the coming years, but projections are subject to industry volatility.
Recent Initiatives: Recent initiatives include expanding its SSD product line, investing in new storage technologies, and strengthening its partnerships with cloud service providers. Spin-off of flash business is underway.
Summary
Western Digital is a major player in the data storage industry, with strengths in both HDD and SSD markets. The company faces cyclical industry trends and high debt but has opportunities in cloud storage and emerging markets. Current financials reflect a challenging environment, and successful navigation of the spin-off is critical for the company's future.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Western Digital Investor Relations, SEC Filings, Industry Reports, Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data is approximate and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Western Digital Corporation
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1987-01-02 | CEO & Director Mr. Tiang Yew Tan | ||
Sector Technology | Industry Computer Hardware | Full time employees 40000 | Website https://www.westerndigital.com |
Full time employees 40000 | Website https://www.westerndigital.com |
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. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

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