Western Digital Corp. Hits New 52-Week High of $106.08

Western Digital Corp. has reached a significant milestone by hitting a new 52-week high of USD 106.08 on September 18, 2025. This achievement underscores the company's strong performance in the IT hardware sector, particularly as it has recorded an impressive 80.49% increase over the past year, significantly outpacing the S&P 500's 17.14% performance during the same period.
With a market capitalization of USD 32,458 million, Western Digital operates as a mid-cap company, showcasing robust financial metrics. The stock boasts a price-to-earnings (P/E) ratio of 7.00, indicating a favorable valuation compared to many peers in the industry. Additionally, the company maintains a healthy debt-to-equity ratio of 0.47 and a remarkable return on equity of 51.99%, reflecting its efficient use of shareholder funds.

The dividend yield stands at 0.21%, providing a modest return to shareholders. The stock's previous 52-week low was recorded at USD 28.83, highlighting the substantial growth it has achieved over the past year. This upward trajectory positions Western Digital as a noteworthy player in the IT hardware industry.