Western Digital Corp
NASDAQ:WDC
Intrinsic Value
Western Digital Corp. engages in the developing, manufacturing, marketing, and sale of data storage devices and solutions. [ Read More ]
The intrinsic value of one
WDC
stock under the Base Case scenario is
63.16
USD.
Compared to the current market price of 47.86 USD,
Western Digital Corp
is
Undervalued by 24%.
Valuation History
Western Digital Corp
Intrinsic Value History...
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Fundamental Analysis
2024-Q1 Earnings Call
NEW
Artifical Intelligence Analysis
Despite a 26% year-over-year decrease in revenue to $2.75 billion, the company exceeded its quarterly guidance and achieved a 3% sequential increase. Flash revenue rose sequentially with record shipments, signaling improving market conditions and technological leadership, as they prepare for innovations in QLC and BiCS8 technology. Meanwhile, HDD struggled with subdued demand, although consumer and client demand remained stable. Next, the company forecasts further revenue increases and gross margin improvements, aiming for $2.85 to $3.05 billion in revenue next quarter with a 10-12% gross margin, underpinned by higher HDD shipments and enhanced flash pricing.
Balance Sheet Decomposition
Western Digital Corp
| Current Assets | 7.6B |
| Cash & Short-Term Investments | 2B |
| Receivables | 1.5B |
| Other Current Assets | 4.1B |
| Non-Current Assets | 16.4B |
| PP&E | 3.8B |
| Intangibles | 10.1B |
| Other Non-Current Assets | 2.5B |
| Current Liabilities | 5.8B |
| Accounts Payable | 1.6B |
| Accrued Liabilities | 1.7B |
| Other Current Liabilities | 2.5B |
| Non-Current Liabilities | 7.2B |
| Long-Term Debt | 5.8B |
| Other Non-Current Liabilities | 1.4B |
WDC Profitability Score
Profitability Due Diligence
Western Digital Corp's profitability score is 38/100. The higher the profitability score, the more profitable the company is.
Score
Western Digital Corp's profitability score is 38/100. The higher the profitability score, the more profitable the company is.
WDC Solvency Score
Solvency Due Diligence
Western Digital Corp's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Score
Western Digital Corp's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
WDC Price Targets Summary
Western Digital Corp
According to Wall Street analysts, the average 1-year price target for
WDC
is 52.5 USD
with a low forecast of 42.42 USD and a high forecast of 71.4 USD.
Ownership
WDC Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
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Shareholder Return
WDC Price
Western Digital Corp
| Average Annual Return | 19.62% |
| Standard Deviation of Annual Returns | 43.64% |
| Max Drawdown | -61% |
| Market Capitalization | 15.5B USD |
| Shares Outstanding | 324 243 008 |
| Percentage of Shares Shorted | 5.65% |
WDC News
Last Video News
Western Digital Corp
Last Important Events
Western Digital Corp
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Western Digital Corp
Company Profile
Western Digital Corp
Country
Industry
Market Cap
Dividend Yield
Description
Western Digital Corp. engages in the developing, manufacturing, marketing, and sale of data storage devices and solutions. The company is headquartered in San Jose, California and currently employs 65,600 full-time employees. The firm develops, manufactures, markets, and sells data storage devices and solutions in the United States and in foreign countries through its sales personnel, dealers, distributors, retailers, and subsidiaries. The firm offers a broad line of data storage solutions including Client Devices, Data Center Devices and Solutions, and Client Solutions. The Client Devices consist of hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles and set top boxes. Data Center Devices and Solutions consist of high-capacity enterprise HDDs and high-performance enterprise SSDs, and platforms. Client Solutions consist of HDDs and SSDs embedded into external storage products and removable flash-based products, which include cards, universal serial bus (USB) flash drives and wireless drives.
Contact
IPO
Employees
Officers
The intrinsic value of one
WDC
stock under the Base Case scenario is
63.16
USD.
Compared to the current market price of 47.86 USD,
Western Digital Corp
is
Undervalued by 24%.
Sensibly Priced Quality
Significantly Undervalued
Magic Formula
High Growth
