In a recent announcement, Goldman Sachs has initiated coverage on Western Digital (WDC, Financial) with a 'Neutral' rating. The coverage was initiated by analyst James Sheehan on July 10, 2025.
As part of the initiation, Goldman Sachs has set a price target of $130.00 USD for Western Digital (WDC, Financial). This mark signifies the expected stock performance as projected by the financial institution.
The 'Neutral' rating indicates that, according to Goldman Sachs, the stock's performance is expected to align with the overall market average. As such, investors may want to consider this rating and target when assessing their investment strategies involving Western Digital (WDC, Financial).
Investors will be watching closely to see how Western Digital (WDC, Financial) performs in the coming months and whether Goldman Sachs' evaluation proves accurate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Western Digital Corp (WDC, Financial) is $60.55 with a high estimate of $80.00 and a low estimate of $40.00. The average target implies an downside of 6.32% from the current price of $64.64. More detailed estimate data can be found on the Western Digital Corp (WDC) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Western Digital Corp's (WDC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Western Digital Corp (WDC, Financial) in one year is $23.33, suggesting a downside of 63.91% from the current price of $64.64. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Western Digital Corp (WDC) Summary page.
