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Western Digital (WDC)

(Delayed Data from NSDQ)

$74.81 USD

74.81
2,743,104

+0.65 (0.88%)

Updated May 24, 2024 04:00 PM ET

After-Market: $74.79 -0.02 (-0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 18% (45 out of 250)

Industry: Computer- Storage Devices

Better trading starts here.

Zacks News

Western Digital Corporation, headquartered in Irvine, CA, is one of the largest hard disk drive (HDD) producers in the U.S. The company designs, develops, manufactures and markets a broad range of HDDs used in desktop PCs, servers, network-attached storage devices, video game consoles, digital video recorders and a host of other consumer electronic devices. The acquisition of SanDisk enabled the company to venture into the flash drive storage technology space. Western Digital mainly competes with companies like Intel, Micron, Samsung Electronics Co. Ltd., Seagate Technology and Toshiba Corporation. The company competes with other hard drive manufacturers with offerings in the desktop, notebook, enterprise computer, consumer electronic devices and external storage markets.

PC Shipments Falter in Q3 Due to High Component Prices

The downward trend in the PC industry persisted in 3Q, as elevated component costs have been flaring up PC prices, in turn, impacting the overall demand.

    Micron (MU) Plans for Public Offering of $1B Common Stock

    Micron (MU) is positive about the product launches and growing demand of SSD products. We believe that the offering is expected to enhance the balance sheet as well as support future growth.

      Seagate (STX) Launches 12TB Guardian Series Hard Drive Disks

      Seagate (STX) announces expanded capacity for IronWolf, IronWolf Pro and Barracuda Pro hard drive disks that are capable of addressing growing storage needs.

        Sejuti Banerjea headshot

        Tech Stock Roundup: MSFT, NVDA, TSLA, INTC and More

        Microsoft's Ignite conference, NVIDIA at China's GTC, Tesla moving some chip business from NVDA to INTC and Toshiba finally selling its chip business were the top stories last week.

          Micron's (MU) Q4 Earnings & Revenues Crush Estimates

          Improved pricing and strong demand environment for DRAM and NAND chips drove Micron's (MU) fourth-quarter fiscal 2017 results.

            Will Micron (MU) Keep its Earnings Streak Alive in Q4?

            Improving prices for DRAM and NAND chips will have a favorable influence on Micron's (MU) Q4 top line, the benefit of which will likely trickle down to the bottom line.

              Reasons Why You Should Add Rambus (RMBS) to Your Portfolio

              Shares of Rambus Inc. (RMBS) have been performing well of late. The company is going through a restructuring phase and we expect it to yield favorable results.

                Seagate, Baidu Renew Strategic Agreement, Focus on Big Data

                Seagate Technology (STX) renews strategic cooperation agreement with Chinese search-giant Baidu, which will boost its footprint in the Chinese Big Data market.

                  Company News For Sep 14, 2017

                  Companies in the news are: CNC,JWN,WDC,SDRL

                    Western Digital Stock Falls as Toshiba Signs MOU with Bain

                    Western Digital's (WDC) shares declined following Toshiba's announcement of signing non-binding memorandum of understanding (MOU) with the Bain-led consortium.

                      Company News For Sep 13, 2017

                      Companies in the news are: TEVA,WDC,AMZN,LMNR

                        Videogame Stock Roundup: Activision's New e-sports Facility, Destiny 2 for PC& Nintendo's Deal in Focus

                        Last Week, Activision Blizzard (ATVI) was in the news for its state-of-the art e-sports facility called Blizzard Arena Los Angeles and announcing Destiny 2 for PC.

                          3 Storage Stocks to Gain From the Flash Memory Boom

                          The key driving force of the worldwide flash memory market is its increasing use in cell phones that have now higher memory capacities.

                            Nintendo & Western Digital to Create Switch Memory Cards

                            Nintendo (NTDOY) and Western Digital recently partnered to develop a Switch-licensed microSD memory card having capacity of 64 GB and 128 GB.

                              The Zacks Analyst Blog Highlights: Alphabet, Microsoft, Apple and Western Digital

                              The Zacks Analyst Blog Highlights: Alphabet, Microsoft, Apple and Western Digital

                                Sejuti Banerjea headshot

                                Tech Roundup: GOOGL Enterprise Push, AAPL Investment, WDC-Toshiba Deal

                                Alphabet (GOOGL) launched its Chrome Enterprise subscription to challenge Microsoft (MSFT), Apple (AAPL) is likely beefing up Apple Music while Western Digital (WDC) looks set to acquire a stake in Toshiba Memory.

                                  Apple (AAPL) Enters Bidding Race for Toshiba's Chip Business

                                  Reportedly, Apple Inc (AAPL) has been roped in by a consortium led by Bain Capital to strengthen its offer for the Toshiba's lucrative chip business.

                                    Western Digital Continues Acquisition Spree with Tegile Buy

                                    We believe that the acquisition strengthens Western Digital's (WDC) position in the storage market, especially compared to peers Seagate Technology.

                                      Western Digital (WDC) Acquires Cloud-Storage Startup Upthere

                                      Western Digital's (WDC) acquisition of app-based cloud-storage startup, Upthere, will boost its footprint in the cloud-storage market.

                                        Seagate (STX) Hits New 52-week Low on Dismal Q4 Results

                                        Seagate (STX) hit a new 52-week low on disappointing fourth-quarter results and downward estimate revisions.

                                          Western Digital (WDC) Beats on Q4 Earnings and Revenues

                                          Western Digital (WDC) reported solid fourth-quarter results based on strong demand for both hard drive and NAND-based products from all customer categories.

                                            Tech Stock Earnings Coming Up on Jul 27: FTV, MTD & More

                                            Tech sector results have been strong so far but this does not ensure earnings beat for all companies in the space. Let's see what's in store for these tech stocks this earnings season.

                                              Seagate (STX) Misses Q4 Earnings & Revenues, Appoints CEO

                                              Seagate (STX) reported disappointing fourth-quarter fiscal 2017 results, which were hurt by intensifying competition in the hard drive disk market.

                                                What's in Store for Western Digital (WDC) in Q4 Earnings?

                                                Western Digital's (WDC) fourth-quarter results are likely to be positively impacted by growing demand, enhancement and adoption of flash memory products.

                                                  Seagate (STX) Q4 Earnings: Disappointment in the Cards?

                                                  Seagate's (STX) Q4 results are expected to be negatively impacted by intensifying competition, ongoing shift in demand from PCs to inexpensive mobile devices and declining PC shipment.