Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Computer Hardware

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.

Revenue projections:

Revenue projections for WDC
Revenue projections for WDC

WDC's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 1.468000
forwardPE 6.984057
debtToEquity 0.000000
earningsGrowth 0.000000
revenueGrowth 0.000000
grossMargins 0.304500
operatingMargins 0.154030
trailingEps 0.910000
forwardEps 8.810000

WDC's current ratio of 1.468 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. WDC's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.

Price projections:

Price projections for WDC
Price projections for WDC

WDC's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.

Recommendation changes over time:

Recommendations trend for WDC
Recommendations trend for WDC


Analysts' buy bias toward WDC suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, WDC is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.