Western Digital Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 1 out of 34 in the Computers, Phones & Household Electronics industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 221.42.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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The current financial score of Western Digital Corp is 8.22, ranking 4 out of 34 in the Computers, Phones & Household Electronics industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 3.02B, representing a year-over-year decrease of 29.59%, while its net profit experienced a year-over-year decrease of 217.04%.
The current valuation score of Western Digital Corp is 7.23, ranking 23 out of 34 in the Computers, Phones & Household Electronics industry. Its current P/E ratio is 22.66, which is 157.17% below the recent high of 58.29 and 1690.92% above the recent low of -360.57.

The current earnings forecast score of Western Digital Corp is 8.00, ranking 7 out of 34 in the Computers, Phones & Household Electronics industry. The average price target is 180.00, with a high of 250.00 and a low of 92.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Western Digital Corp is 9.37, ranking 4 out of 34 in the Computers, Phones & Household Electronics industry. Currently, the stock price is trading between the resistance level at 298.20 and the support level at 189.48, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Western Digital Corp is 10.00, ranking 1 out of 34 in the Computers, Phones & Household Electronics industry. The latest institutional shareholding proportion is 106.65%, representing a quarter-over-quarter decrease of 1.85%. The largest institutional shareholder is The Vanguard, holding a total of 42.19M shares, representing 12.34% of shares outstanding, with 0.62% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Computers, Phones & Household Electronics domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Western Digital Corp is 4.61, ranking 18 out of 34 in the Computers, Phones & Household Electronics industry. The company's beta value is 1.79. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.