Western Digital Corporation ($WDC) Stock Forecast: Up 9.7% Today

What is Western Digital Corporation?

Western Digital Corporation (WDC) is a leading data storage provider specializing in hard disk drives and solid-state drives. The company operates in a highly competitive tech industry, where demand for storage solutions is driven by data center needs, cloud computing, and consumer electronics.

Why is Western Digital Corporation going up?

WDC stock is up 9.7% on Jan 28, 2026 17:05

• Western Digital Corporation (WDC) experienced a strong bullish movement today.
• The increase in institutional holdings by Vanguard Personalized Indexing Management LLC and J. Safra Sarasin Holding AG indicates growing confidence in WDC's financial performance and future prospects.
• Analysts' positive sentiment, driven by strong data-center demand and a memory price upcycle, has contributed to the bullish trend in WDC's stock.
• The overall positive performance of tech companies like Nextpower Inc. and Seagate Technology Holdings PLC in pre-market trading has likely boosted investor confidence in the tech sector, further supporting WDC's bullish movement.

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WDC News

Feld Michael, evp at Becton Dickinson, sells $15k in stock

Michael Feld, Executive Vice President at Becton Dickinson & Co (NYSE:BDX), sold 75 shares of common stock for approximately $15,204 on January 26, 2026. This transaction was part of a Rule 10b5-1 trading plan. The article also highlights other recent developments for Becton, Dickinson and Company, including a dividend announcement, share repurchase authorization, a significant acquisition approval by Waters Corporation shareholders, new product launches, and FDA clearance for a medical device.

https://www.investing.com/news/insider-trading-news/feld-michael-evp-at-becton-dickinson-sells-15k-in-stock-93CH-4470613

Baird Medical concludes gynecological microwave ablation masterclass

Baird Medical Investment Holdings Ltd. has completed a Gynecological Microwave Ablation Masterclass in Shanghai, aimed at training physicians in the use of its minimally invasive treatment technology. This educational initiative is part of the company's continuous efforts to expand the use of its FDA 510(k)-certified medical devices for benign gynecological conditions in clinics globally. The company also announced recent strategic developments including regulatory approvals in Pakistan and Vietnam, a US manufacturing partnership, new CEO for its US subsidiary, entry into the Egyptian market, and a strategic partnership with Stonewood Key Capital to enhance global operations.

https://www.investing.com/news/company-news/baird-medical-concludes-gynecological-microwave-ablation-masterclass-93CH-4470248

Vanguard Personalized Indexing Management LLC Grows Holdings in Western Digital Corporation $WDC

Vanguard Personalized Indexing Management LLC increased its stake in Western Digital Corporation ($WDC) by 9.7%, purchasing an additional 5,189 shares, bringing their total to 58,759 shares valued at $7.06 million. This increase follows strong financial performance from Western Digital, including beating earnings estimates and receiving various analyst upgrades, with a consensus price target of $207.48. Despite high institutional ownership, insiders sold shares in the last quarter, though their overall ownership remains at 0.18%.

https://www.marketbeat.com/instant-alerts/filing-vanguard-personalized-indexing-management-llc-grows-holdings-in-western-digital-corporation-wdc-2026-01-28/

J. Safra Sarasin Holding AG Buys 22,022 Shares of Western Digital Corporation $WDC

J. Safra Sarasin Holding AG significantly increased its stake in Western Digital Corporation (NASDAQ:WDC) by 237.3% in the third quarter, purchasing an additional 22,022 shares to bring its total holdings to 31,302 shares valued at $3.76 million. This move comes as other large institutional investors also either increased or reduced their stakes in the data storage provider. Analysts maintain a "Moderate Buy" rating for Western Digital with a consensus target price of $207.48, reflecting positive sentiment around strong data-center demand and a memory price upcycle.

https://www.marketbeat.com/instant-alerts/filing-j-safra-sarasin-holding-ag-buys-22022-shares-of-western-digital-corporation-wdc-2026-01-28/

S&P 500 Futures Climb in Premarket Trading; Nextpower, Seagate Technology Lead

S&P 500 futures climbed in pre-market trading, led by strong performances from Nextpower Inc. Cl A (NXT) and Seagate Technology Holdings PLC (STX). Nextpower saw a 12.4% increase, while Seagate Technology was up 9.1% ahead of the U.S. stock market open.

https://www.barrons.com/articles/s-p-500-futures-climb-in-premarket-trading-nextpower-seagate-technology-lead-4faaf929?gaa_at=eafs&gaa_n=AWEtsqc7p017-k7rrL7NUo-BK_Aq8o2esd9HP5hC3fzoKg2Gck17XxwP7cot&gaa_ts=697a0ac1&gaa_sig=HVERa2vGNuHf9rfUkkhZEMWsyLXXTMaPJT8XreHx0t3Nw8jCD7OKnxgrs6pKo79xji4q2LbUSKmkk9JAy6aM1Q%3D%3D

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Western Digital Corporation Price History

09.00.2026 - WDC Stock was up 5.7%

• WDC observed a bullish trend amid a market shift away from the technology sector, with investors reallocating investments into areas like defense stocks following a proposed $1.5 trillion defense budget announcement.
• The cooling period in the AI-related memory and storage sector, affecting companies such as Seagate and SanDisk, may have played a role in the initial market volatility, but did not hinder WDC's upward momentum.
• Despite facing some volatility, WDC's recent surge driven by AI optimism and long-term growth prospects positioned it favorably in the market.
• Market sentiment influenced by macroeconomic factors, upcoming earnings releases, and geopolitical uncertainties impacted trading dynamics for WDC and its counterparts.

13.00.2026 - WDC Stock was up 5.1%

• Western Digital's stock saw a significant increase of 6% following the announcement of its upcoming earnings report scheduled for January 29th.
• The positive market outlook on Western Digital is influenced by a reduction in NAND pricing pressures and an overall improvement in sentiment within the memory and storage sectors, contributing to the recent growth in the company's stock price.
• Concerns have been raised by analysts regarding the stock possibly being slightly overvalued compared to its current market price, with the company's strong performance and improved pricing already considered in its valuation.
• Market participants, both traders and investors, are closely observing Western Digital's performance, particularly with regard to artificial intelligence (AI) and cloud sector expenditures, to gauge whether the demand for storage solutions remains tied to these factors.

26.00.2026 - WDC Stock was up 5.2%

• Resona Asset Management Co. Ltd. selling a portion of its stake in WDC did not deter other institutional investors like Norges Bank and Soroban Capital Partners from increasing their positions, reflecting strong confidence in the company's future prospects.
• Estate Counselors LLC's acquisition of WDC shares, coupled with positive analyst sentiment and AI-driven demand for storage solutions, contributed to the bullish movement in WDC stock.
• The anticipation of Seagate Technology's positive Q4 earnings and the soaring stock of SanDisk due to the AI memory crunch reshaping tech markets likely created a positive ripple effect in the semiconductor industry, benefiting companies like WDC.
• Despite UniSuper Management Pty Ltd cutting its stake in WDC, the overall market sentiment remains positive, supported by the company's strong Q3 earnings, dividend increase, and optimistic analyst ratings, indicating a robust outlook for the stock.

21.00.2026 - WDC Stock was up 5.6%

• The bullish movement in Western Digital's stock could be attributed to the positive sentiment from analysts, with multiple firms maintaining Buy ratings and setting price targets above the current trading price.
• Analysts' bullish sentiments, especially from Citi and Mizuho Securities, may have instilled confidence in investors, leading to increased buying activity and driving the stock price higher.
• Despite the average analyst target suggesting a slight downside from current levels, the overall 'Strong Buy' consensus on Western Digital indicates a positive outlook for the company's future performance.
• This positive market sentiment contrasts with the news of Seagate Technology Holdings PLC experiencing a decrease in stake by QRG Capital Management Inc., potentially highlighting Western Digital's relative strength in the sector.

21.00.2026 - WDC Stock was up 9.3%

• Western Digital's stock surged nearly 7% as analysts raised their price targets ahead of the company's earnings report and Innovation Day, driven by strong cloud demand and innovative storage technologies.
• The positive sentiment from analysts and the anticipation of new AI-driven storage solutions showcased during the Innovation Day contributed to the bullish momentum.
• Investors are closely monitoring the upcoming earnings report for any insights on cloud orders and margin forecasts, as any deviations from expectations could impact the stock's performance.
• Despite the bullish movement, analysts suggest caution, noting that any potential decline in cloud orders or failure to meet margin forecasts could reverse the positive trend in Western Digital's stock.

15.00.2026 - WDC Stock was up 6.4%

• WDC stock experienced a bullish movement as retail traders showed interest in AI storage names, defying broader market trends.
• Rising memory and storage component prices are creating a favorable environment for companies like Western Digital, leading to increased investor optimism.
• Anticipation surrounding the company's upcoming earnings report on January 29, providing insights into demand and pricing trends, is contributing to the positive sentiment towards WDC stock.
• The focus on AI workloads reshaping storage vendor strategies underscores the importance of adapting to technological advancements, a factor that could further benefit companies like Western Digital in the long term.

15.00.2026 - WDC Stock was up 6.7%

• Western Digital's stock has hit a record high of $221.50 and is trading even higher at $224.50, indicating strong market confidence in the company's growth and performance.
• The recent investment in quantum computing firm Qolab and the robust demand in the data storage sector are encouraging signs that may be influencing the positive market movement.
• The interest from retail investors in memory and data-storage company shares, driven by expectations of AI expansion, is further bolstering Western Digital's stock.
• The increasing prices of memory and storage components, including recent concerns about Apple and other tech hardware firms facing challenges, could be contributing to Western Digital's revenue and profitability growth.

12.00.2026 - WDC Stock was up 5.0%

• WDC's stock showed positive momentum today, despite recent reports of insider selling activities that raised concerns about the stock's strength.
• Seagate's robust performance and revenue growth in the data center sector, attributed to high demand for storage solutions in AI applications and growing data volumes, may have impacted market perceptions favorably towards companies like WDC.
• The notable increase in Seagate's stock value, surpassing industry standards, likely influenced a positive ripple effect on WDC's stock, despite internal selling activities within Western Digital signaling potential challenges ahead.
• Today's overall bullish trend in WDC's stock could reflect investor confidence in the growth potential of the data storage industry, particularly amid rising demands in data centers and technological advancements.

08.00.2026 - WDC Stock was down 8.2%

• The decline in Western Digital's stock price is linked to the overall market trend of investors moving away from tech stocks and taking profits after a recent upswing.
• Investors have redirected their investments from high-growth tech companies, particularly those involved in AI, to defense stocks in response to a proposed increase in the defense budget by President Trump.
• Market analysts believe that the recent price decline in solid companies like Western Digital could present attractive buying opportunities for investors seeking long-term growth prospects.
• The upcoming earnings report from Western Digital is eagerly awaited, with experts forecasting a substantial year-over-year growth in adjusted EPS. This growth reflects the company's strong performance and positive outlook on the increasing demand for data center services.

27.00.2026 - WDC Stock was up 5.2%

• Western Digital's stock experienced a bullish movement likely due to positive analyst sentiment and a price target increase, reflecting anticipated higher average selling prices for nearline hard disk drives.
• The upcoming Q2 earnings report with expectations of a rise in earnings per share and potential revenue growth also contributed to the bullish sentiment.
• Despite the comparison with another company, Western Digital's strategic focus on AI-driven data growth and innovation seems to have resonated well with investors, leading to the bullish market movement.

28.00.2026 - WDC Stock was up 11.8%

• An increase in stake by J. Safra Sarasin Holding AG reflects positive sentiment and confidence in WDC's future performance.
• The bullish movement in WDC could be attributed to the positive outlook for the data storage sector, as seen in Seagate Technology's pricing power and earnings.
• Anticipation of Western Digital's Q4 earnings results, with analysts expecting robust revenue growth and adjusted earnings, likely contributed to the bullish sentiment surrounding the stock.
• The performance of related companies like Seagate Technology and KLA, as well as positive market sentiment in the semiconductor sector, may have also influenced the bullish movement in WDC.

28.00.2026 - WDC Stock was up 9.7%

• Western Digital Corporation (WDC) experienced a strong bullish movement today.
• The increase in institutional holdings by Vanguard Personalized Indexing Management LLC and J. Safra Sarasin Holding AG indicates growing confidence in WDC's financial performance and future prospects.
• Analysts' positive sentiment, driven by strong data-center demand and a memory price upcycle, has contributed to the bullish trend in WDC's stock.
• The overall positive performance of tech companies like Nextpower Inc. and Seagate Technology Holdings PLC in pre-market trading has likely boosted investor confidence in the tech sector, further supporting WDC's bullish movement.