BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
WDC
Western Digital Corporation
WDC has the edge over BLK overall, supported by stronger modeled upside and stronger valuation.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
WDC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
WDC's revenue, profitability, cash flow and balance sheet are all currently strong.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
WDC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.9x | $255 | -18% |
| Forward | 11x | $311 | — |
| Current | 12x | $311 | — |
| Fair | 19x | $487 | +56% |
| Expensive | 63x | $1,618 | +420% |
Historical ranges are pointers, not guarantees.
WDC has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
WDC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for WDC, with profitability improving.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
WDC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $28.81 | +12% |
| Q3 2026 | $25.84 | +276% |
| Q2 2026 | $24.28 | +371% |
| Q1 2026 | $16.75 | +268% |
| Q4 2025 | $9.97 | +187% |
| Q3 2025 | $6.87 | +655% |
| Q2 2025 | $5.15 | +$7.76 |
| Q1 2025 | $4.55 | +$9.61 |
| Q4 2024 | $3.47 | +$10.69 |
WDC has the edge over BLK on earnings, with more consistent year-over-year improvement.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over WDC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
WDC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.4B | +55% |
| Q2 2026 | $3.7B | +44% |
| Q1 2026 | $3.3B | +45% |
| Q4 2025 | $3B | -30% |
| Q3 2025 | $2.8B | -31% |
| Q2 2025 | $2.6B | -31% |
| Q1 2025 | $2.3B | -34% |
| Q4 2024 | $4.3B | +41% |
WDC's revenue is growing: $4.4B last quarter, up 55% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +19 points |
| Q2 2026 | 42% | +16 points |
| Q1 2026 | 36% | +2.5 points |
| Q4 2025 | 30% | +10 points |
| Q3 2025 | 28% | +10 points |
| Q2 2025 | 26% | +20 points |
| Q1 2025 | 33% | +25 points |
| Q4 2024 | 20% | +27 points |
WDC has the edge over BLK on profitability, with a higher operating margin.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
WDC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +130% |
| Q2 2026 | $1.3B | +90% |
| Q1 2026 | $978M | +158% |
| Q4 2025 | $653M | +128% |
| Q3 2025 | $599M | +$661M |
| Q2 2025 | $675M | +170% |
| Q1 2025 | $379M | +$418M |
| Q4 2024 | $287M | +$529M |
WDC has the edge over BLK on cash flow, with more consistent year-over-year improvement.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has the edge over WDC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
WDC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +1M shares |
| 1 year | +2.1% | +8M shares |
| 3 years | +19% | +61M shares |
| 5 years | +22% | +68M shares |
| Available history | +29% | +86M shares |
WDC has 384M diluted shares, up 2.1% from a year ago, despite $3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1B |
| Q2 2026 | $672M |
| Q1 2026 | $752M |
| Q4 2025 | $615M |
| Q3 2025 | $553M |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
WDC spent $3B buying back its own shares over the past year.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
WDC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.3x | Healthy |
| Q4 2024 | 1.9x | Healthy |
WDC has the edge over BLK on leverage, with a lower net debt burden relative to earnings.
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
WDC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 11.2 | Oversold |
WDC's weekly RSI is 41 (neutral) and its Stochastic is 11 (oversold).
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
WDC PE vs Technology Sector
| Metric | WDC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 28x | 57% below |
| PE % | 28 | 35 | 7 pts below |
WDC has the edge over BLK on valuation relative to its sector.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over WDC on trend strength, trading above more of its moving averages.
WDC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $360.8 | 14% below |
| 20 week MA | $438.4 | 29% below |
| 50 week MA | $380.4 | 18% below |
| 100 week MA | $226.8 | 37% above |
| 200 week MA | $133.7 | 133% above |
WDC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 133% above its 200-week average.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has finished higher in five of the last six years. It's up 12% so far in 2026.
WDC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $47.0 | $37.7 | -20% |
| 2021 | $37.7 | $46.2 | +23% |
| 2022 | $46.2 | $23.1 | -50% |
| 2023 | $23.1 | $39.6 | +71% |
| 2024 | $39.6 | $45.9 | +16% |
| 2025 | $45.9 | $181.5 | +296% |
| 2026 YTD | $181.5 | $311.2 | +71% |
WDC has the edge over BLK on returns for 2026, with the stronger performance.