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WDCWestern Digital CorporationHold6.3·$646.12+14.78%
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Western Digital Corporation (WDC) Stock Analysis

Breakout setup

HoldModerate Confidence

Technology · Computer Hardware

Hold if already holding. Not a fresh buy at $646.12, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: international sales (55.0%); Analyst target reached - limited upside remaining.

Western Digital is a leading HDD developer, manufacturer, and provider focused on Cloud, Client, and Consumer storage markets, following its February 2025 separation of the Flash business (Sandisk) into an independent company. With ~40,000 employees and manufacturing... Read more

$646.12+23.8% A.UpsideScore 6.3/10#2 of 14 Computer Hardware
QualityF-score7 / 9FCF yield1.07%
IncomeYield0.11%(5y avg 3.23%)Payout2.69%sustainable
Entry $521.63(R/R-minimum solve)Stop $485.12Target $645.62(resistance)A.R:R -1.6:1Setup A.R:R 3.4:1
Analyst target$547.09-15.3%23 analysts
$645.62our TP
$646.12price
$547.09mean
$360
$685

Hold if already holding. Not a fresh buy at $646.12, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: international sales (55.0%); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Downgraded from BUY WAIT — price $645.46 has reached target $645.62. No upside to wait for. Score 6.3/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.70, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-15
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202644d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Strong growth profile
Risks
Concentration risk — Geographic: international sales (55.0%)
Analyst target reached - limited upside remaining
Near 52-week high (-7.1% away)

Key Metrics

P/E (TTM)33.7
P/E (Fwd)31.4
Mkt Cap$194.0B
EV/EBITDA49.0
Profit Mgn55.3%
ROE85.9%
Rev Growth45.5%
Beta2.20
Dividend0.11%
Rating analysts29

Quality Signals

Piotroski F7/9MoatWideCompounder

Options Flow

P/C1.14bearish
IV98%elevated

Concentration Risks(10-K Item 1A)

  • LOWCustomertop-3 customers
    10-K Item 1: 'For 2025, three customers accounted for 17%, 12%, and 10%, respectively, of our net revenue.'
  • HIGHGeographicinternational sales55%
    10-K Item 1: 'Our international sales...represented 55%, 58% and 57% of our net revenue for 2025, 2024 and 2023, respectively.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
0.6
Gap
3.0
52w Position
9.6
Extreme gap up (9.9%) - may pull back

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Ev Ebitda
0.0
Analyst Target
3.0
Forward Pe
3.7
Pe
3.8
Peg Ratio
10.0
Forward P/E: 31.4xPEG: 0.50
GatesA.R:R -1.6=NEGATIVEMomentum 7.5>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.70EARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
67 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $433.89Resistance $658.80

Price Targets

$485
$522
$646
A.Upside-0.1%
A.R:R-1.6:1
Setup A.R:R (at entry)3.4:1

Position Sizing

ConvictionHigh conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-23.7% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-29 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is WDC stock a buy right now?

Hold if already holding. Not a fresh buy at $646.12, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: international sales (55.0%); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Downgraded from BUY WAIT — price $645.46 has reached target $645.62. No upside to wait for. Target $645.62 (-0.1%), stop $485.12 (−33.2%), A.R:R -1.6:1. Score 6.3/10, moderate confidence.

What is the WDC stock price target?

Take-profit target: $645.62 (+23.8% upside). Target $645.62 (-0.1%), stop $485.12 (−33.2%), A.R:R -1.6:1. Stop-loss: $485.12.

What are the risks of investing in WDC?

Concentration risk — Geographic: international sales (55.0%); Analyst target reached - limited upside remaining; Near 52-week high (-7.1% away).

Is WDC overvalued or undervalued?

Western Digital Corporation trades at a P/E of 33.7 (forward 31.4). TrendMatrix value score: 3.8/10. Verdict: Hold.

What do analysts say about WDC?

29 analysts cover WDC with a consensus score of 4.1/5. Average price target: $547.

What does Western Digital Corporation do?Western Digital is a leading HDD developer, manufacturer, and provider focused on Cloud, Client, and Consumer storage...

Western Digital is a leading HDD developer, manufacturer, and provider focused on Cloud, Client, and Consumer storage markets, following its February 2025 separation of the Flash business (Sandisk) into an independent company. With ~40,000 employees and manufacturing concentrated in Thailand, Malaysia, and the Philippines, three customers accounted for 17%, 12%, and 10% of 2025 net revenue.

Related stocks: ANET (Arista Networks, Inc.) · DELL (Dell Technologies Inc.) · STX (Seagate Technology Holdings PLC) · SNDK (Sandisk Corporation) · PSTG (Everpure, Inc.)
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