WDC Stock Summary and Trading Ideas (Western Digital | NASDAQ:WDC)

Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.

Western Digital trades on the NASDAQ stock market under the symbol WDC.

As of January 7, 2026, WDC stock price declined to $199.88 with 13,280,926 million shares trading.

WDC has a beta of 2.35, meaning it tends to be more sensitive to market movements. WDC has a correlation of 0.47 to the broad based SPY ETF.

WDC has a market cap of $68.34 billion. This is considered a Large Cap stock.

Last quarter Western Digital reported $3 billion in Revenue and $1.78 earnings per share. This beat revenue expectation by $92 million and exceeded earnings estimates by $.25.

In the last 3 years, WDC traded as high as $221.23 and as low as $28.83.

The top ETF exchange traded funds that WDC belongs to (by Net Assets): VTI, QQQ, VOO, VO, SPY.

WDC has outperformed the market in the last year with a price return of +229.6% while the SPY ETF gained +17.0%. WDC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +59.6% and +12.1%, respectively, while the SPY returned +3.0% and +0.2%, respectively.

WDC support price is $209.21 and resistance is $229.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WDC shares will trade within this expected range on the day.