Western Digital Corp (NASDAQ:WDC) price on current trading day, fall -1.02% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $55.21.
A look at the stock’s price movement, the level at last check in today’s session was $55.78, moving within a range at $54.6 and $55.76. The beta value (5-Year monthly) was 1.543 while the PE ratio in trailing twelve months stood at 10.50. Turning to its 52-week performance, $61.62 and $28.83 were the 52-week high and 52-week low respectively. Overall, WDC moved 12.22% over the past month.
Western Digital Corp’s market cap currently stands at around $19.26 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-29. The company has a Forward Dividend ratio of 0.10, with its dividend yield at 0.18%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
19 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 16 recommend WDC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WDC’s current price about 4.21% and 22.23% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 68.98, while 7-day volatility ratio is 1.97% and 1.50% in the 30-day chart. Further, Western Digital Corp (WDC) has a beta value of 1.50, and an average true range (ATR) of 1.57. Analysts have given the company’s stock an average 52-week price target of $65, forecast between a low of $50 and high of $82. Looking at the price targets, the low is 9.44% off recent price level in today’s trading while to achieve the yearly target high, it has to move -48.52%. Nonetheless, investors will most likely welcome a -17.73% jump to $65 which is the analysts’ median price.
If we refocus on Western Digital Corp (NASDAQ:WDC), historical trading data shows that trading volumes averaged 6.07 over the past 10 days and 7.65 million over the past 3 months. The company’s latest data on shares outstanding shows there are 349.00 million shares.
The 0.98% of Western Digital Corp’s shares are in the hands of company insiders while institutional holders own 103.32% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 31.36 million on 2025-05-30, giving us a short ratio of 4.45. The data shows that as of 2025-05-30 short interest in Western Digital Corp (WDC) stood at 1014.0 of shares outstanding, with shares short rising to 29.81 million registered in 2025-04-30. Current price change has pushed the stock 22.53% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WDC stock continues to rise going into the next quarter.
