Western Digital Corp
General ticker "WDC" information:
- Sector: Information Technology
- Industry: Technology Hardware, Storage & Peripherals
- Capitalization: $23.5B
Western Digital Corp follows the US Stock Market performance with the rate: 50.8%.
Estimated limits based on current volatility of 2.4%: low 60.10$, high 63.05$
Factors to consider:
- Company included in S&P500 list
- China accounted for 22.5% of revenue in the fiscal year ended 2023-06-30
- US accounted for 30.9% of revenue in the fiscal year ended 2023-06-30
- Price in estimated range
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-06-28 to 2026-06-28
- 2024-06-28 to 2025-06-28 estimated range: [58.09$, 93.18$]
- 2025-06-28 to 2026-06-28 estimated range: [54.41$, 88.91$]
Financial Metrics affecting the WDC estimates:
- Negative: Non-GAAP EPS, $ of -0.38 <= 0.10
- Negative: Operating profit margin, % of -2.38 <= 1.03
- Negative: Operating cash flow per share per price, % of -1.16 <= 2.35
- Negative: negative Net income
- Positive: 6.82 < Industry operating profit margin (median), % of 7.68
Short-term WDC quotes
Long-term WDC plot with estimates
Financial data
| YTD | 2022-07-01 | 2023-06-30 | 2024-06-28 |
|---|---|---|---|
| Operating Revenue | $18,793.00MM | $12,318.00MM | $13,003.00MM |
| Operating Expenses | $16,402.00MM | $13,603.00MM | $13,320.00MM |
| Operating Income | $2,391.00MM | $-1,285.00MM | $-317.00MM |
| Non-Operating Income | $-268.00MM | $-275.00MM | $-344.00MM |
| Interest Expense | $268.00MM | $275.00MM | $417.00MM |
| R&D Expense | $2,323.00MM | $2,009.00MM | $1,907.00MM |
| Income(Loss) | $2,123.00MM | $-1,560.00MM | $-661.00MM |
| Taxes | $623.00MM | $146.00MM | $137.00MM |
| Profit(Loss) | $1,500.00MM | $-1,706.00MM | $-798.00MM |
| Stockholders Equity | $12,221.00MM | $10,847.00MM | $10,818.00MM |
| Inventory | $3,638.00MM | $3,698.00MM | $3,342.00MM |
| Assets | $26,259.00MM | $24,429.00MM | $24,188.00MM |
| Operating Cash Flow | $1,880.00MM | $-408.00MM | $-294.00MM |
| Capital expenditure | $1,107.00MM | $807.00MM | $487.00MM |
| Investing Cash Flow | $-1,192.00MM | $-762.00MM | $-27.00MM |
| Financing Cash Flow | $-1,718.00MM | $875.00MM | $187.00MM |
| Earnings Per Share* | $4.81 | $-5.36 | $-2.61 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.