CVX vs WDC: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Western Digital Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
Chevron Corporation · Energy
$175.91
-3.4% upside to fair value
Grade D
VS
Western Digital Corporation · Technology
$519.17
-28.7% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
CVX has more upside to fair value
(-3.4%).
WDC trades at a lower forward P/E
(27.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
WDC |
| Current Price |
$175.91 |
$519.17 |
| Fair Value Estimate |
$169.96 |
$370.00 |
| Upside to Fair Value |
-3.4%
|
-28.7%
|
| Market Cap |
$350.3B |
$178.9B |
| Forward P/E |
30.4x
|
27.8x
|
| EV / EBITDA |
9.4x
|
37.3x
|
| Price / Sales |
1.9x
|
13.9x
|
| Price / FCF |
26.2x
|
51.0x
|
| Revenue Growth YoY |
+3.2%
|
+35.7%
|
| Gross Margin |
25.4%
|
48.9%
|
| Operating Margin |
8.4%
|
34.9%
|
| Return on Equity |
6.2%
|
43.4%
|
| Dividend Yield |
0% |
0.1% |
| FCF Yield |
3.82%
|
2.0%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
Western Digital is now a pure-play, duopoly hard-disk-drive manufacturer, having spun off its NAND flash business as SanDisk in February 2025 and sold its remaining SanDisk stake for $3.1 billion in February 2026. It is riding the same AI-storage supercycle as SanDisk and Micron, but from the mass-capacity nearline HDD side: hyperscalers are buying every high-capacity drive WDC can make for AI da…
Accumulation Zones
| Metric |
CVX |
WDC |
| Zone Low |
$127.47 |
$278.00 |
| Zone High |
$144.47 |
$315.00 |
| In Buy Zone? |
No
|
No
|