MU vs WDC: Which Is the Better Buy?
Side-by-side comparison of Micron Technology, Inc. and Western Digital Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
Micron Technology, Inc. · Technology
$1,048.51
-45.0% upside to fair value
Grade C
VS
Western Digital Corporation · Technology
$519.17
-28.7% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
WDC has more upside to fair value
(-28.7%).
MU trades at a lower forward P/E
(23.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MU |
WDC |
| Current Price |
$1,048.51 |
$519.17 |
| Fair Value Estimate |
$576.68 |
$370.00 |
| Upside to Fair Value |
-45.0%
|
-28.7%
|
| Market Cap |
$1,182.4B |
$178.9B |
| Forward P/E |
23.4x
|
27.8x
|
| EV / EBITDA |
25.9x
|
37.3x
|
| Price / Sales |
13.1x
|
13.9x
|
| Price / FCF |
25.8x
|
51.0x
|
| Revenue Growth YoY |
+345.7%
|
+35.7%
|
| Gross Margin |
72.6%
|
48.9%
|
| Operating Margin |
65.7%
|
34.9%
|
| Return on Equity |
70.5%
|
43.4%
|
| Dividend Yield |
0% |
0.1% |
| FCF Yield |
3.87%
|
2.0%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Micron Technology is a leading semiconductor company specializing in DRAM and NAND memory products, with a strong focus on high-value memory for cloud and AI applications. The company benefits from scale, advanced process technology, and U.S.-based manufacturing, but its competitive moat is narrow and cyclical compared to peers like Samsung and SK Hynix. Micron's recent financial performance is e…
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 |
MU |
WDC |
| Zone Low |
$432.51 |
$278.00 |
| Zone High |
$490.18 |
$315.00 |
| In Buy Zone? |
No
|
No
|