Western Digital Corporation ($WDC) Stock Forecast: Up 5.2% Today

What is Western Digital Corporation?

Western Digital Corporation (WDC) is a leading data storage company listed on the NASDAQ. Today, the stock experienced a strong bullish movement amidst various market activities.

Why is Western Digital Corporation going up?

WDC stock is up 5.2% on Dec 10, 2025 19:10

• A major investment firm, Guggenheim Capital LLC, increased its stake in Western Digital Corporation, indicating robust confidence in the company's future performance.
• The company's announcement of an increase in quarterly dividend and positive endorsements from financial analysts may have fueled the bullish momentum.
• Despite some insider selling by the Chief Global Operations, overall market sentiment remains optimistic, underpinned by strong revenue growth and potential undervaluation according to financial indicators.
• The comparatively weaker performance of rival NetApp, lagging behind the S&P 500, underscores Western Digital's market strength.

WDC Price Chart

WDC Technical Analysis

WDC News

Guggenheim Capital LLC Boosts Stock Holdings in Western Digital Corporation $WDC

Guggenheim Capital LLC increased its stake in Western Digital Corporation (NASDAQ:WDC) by 55.7% during the second quarter, bringing its total holdings to 25,161 shares valued at $1.61 million. This comes amidst other institutional investors also adjusting their positions in the company, while insiders have been selling shares. The company recently announced an increase in its quarterly dividend and has received "buy" ratings from several Wall Street analysts.

https://www.marketbeat.com/instant-alerts/filing-guggenheim-capital-llc-boosts-stock-holdings-in-western-digital-corporation-wdc-2025-12-10/

Norges Bank Acquires New Stake in Masimo Corporation $MASI

Norges Bank has acquired a new stake in Masimo Corporation (NASDAQ:MASI) during the second quarter, purchasing 39,053 shares valued at approximately $6,569,000. This acquisition makes Norges Bank the owner of about 0.07% of Masimo. Other institutional investors have also adjusted their holdings, with Masimo's stock showing a market capitalization of $7.45 billion and a consensus "Hold" rating from analysts.

https://www.marketbeat.com/instant-alerts/filing-norges-bank-acquires-new-stake-in-masimo-corporation-masi-2025-12-10/

Is NetApp Stock Underperforming the S&P 500?

NetApp, Inc. (NTAP), a global provider of enterprise software and data management solutions, has underperformed the S&P 500 Index over the past three months and year-to-date. Despite strong fiscal Q2 2026 results with record adjusted EPS, its stock has declined, contrasting sharply with the robust performance of rival Western Digital Corporation. Analysts, however, maintain a "Moderate Buy" rating for NetApp with a modest upside potential.

https://www.barchart.com/story/news/36531233/is-netapp-stock-underperforming-the-s-p-500

Vidyadhara K Gubbi Takes Money Off The Table, Sells $3.72M In Western Digital Stock

Vidyadhara K Gubbi, Chief Global Operations at Western Digital (NASDAQ: WDC), sold 22,820 shares of the company's stock for a total of $3,723,222, according to a recent SEC filing. The article highlights the importance of insider transactions as one factor in investment decisions and provides a financial overview of Western Digital. The company reported a 27.4% revenue growth, a low gross margin of 43.54%, and a P/E ratio suggesting potential undervaluation.

https://www.benzinga.com/insights/news/25/12/49281382/vidyadhara-k-gubbi-takes-money-off-the-table-sells-3-72m-in-western-digital-stock

GRS Advisors LLC Makes New $70.58 Million Investment in Equity Residential $EQR

GRS Advisors LLC has made a new significant investment of $70.58 million in Equity Residential (EQR), acquiring over 1 million shares and making it their third-largest holding. The company maintains a "Hold" rating from Wall Street analysts with a consensus price target of $70.02. Equity Residential reported Q3 earnings meeting analyst estimates and pays a 4.6% dividend yield.

https://www.marketbeat.com/instant-alerts/filing-grs-advisors-llc-makes-new-7058-million-investment-in-equity-residential-eqr-2025-12-09/

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Western Digital Corporation Price History

05.11.2025 - WDC Stock was up 6.6%

• Insider selling by the Chief Legal Officer initially raised concerns, but the company's increase in quarterly dividend and analysts maintaining a "Moderate Buy" consensus rating fostered positive sentiment.
• Citigroup's Buy recommendation and expected revenue growth for Western Digital likely bolstered investor confidence, driving the stock's bullish movement.
• Despite mentioned overvaluation concerns, investors appeared focused on the company's growth potential and favorable market outlook.
• The bullish movement in Western Digital's stock could have been influenced by positive sentiment towards the tech sector, exemplified by Seagate Technology Holdings and the industry's overall strong performance.

02.11.2025 - WDC Stock was up 6.1%

• Despite insider selling by HBK Investments L P and Mackenzie Financial Corp, analysts maintain a "Moderate Buy" consensus rating with a target price of $162.16, indicating confidence in the company's future performance.
• Western Digital's decision to spin off its flash business as Sandisk to concentrate on AI infrastructure has been positively received, contributing to the stock's impressive year-to-date growth of over 200%.
• The recent ESOP share offering and concerns regarding dilution have prompted some investor caution, but the company's strong fundamentals and double-digit upside potential according to analyst targets continue to attract investor interest.
• The rise in institutional investment by Skandinaviska Enskilda Banken AB and positive sentiment from analysts indicate that despite some insider selling, the overall market outlook remains bullish on Western Digital's future prospects.

03.11.2025 - WDC Stock was down 5.2%

• The downward trend in Western Digital Corporation's stock was influenced by various factors today:
• An upbeat Buy recommendation for WDC with a positive price target from Citigroup indicates strength, despite possible market or sector challenges affecting investor sentiment.
• Growth in institutional investments, particularly OMERS ADMINISTRATION Corp's increased stake, reflects confidence in the company's future; however, decreased shares from Mackenzie Financial Corp and insider selling may have contributed to the stock's decline.
• Market volatility and the overall performance of the tech sector likely impacted WDC's stock movement, despite positive analyst outlooks and institutional support.
• The sale of Seagate Technology Holdings shares by CEO Mosley and concerns of overvaluation in the sector by InvestingPro analysis may have influenced investor perception of data storage companies, including Western Digital.

03.11.2025 - WDC Stock was down 8.1%

• The bearish movement in WDC's stock today could be attributed to the significant insider selling by HBK Investments L P and Mackenzie Financial Corp, which might have raised concerns among investors about the company's future prospects.
• Despite Citigroup maintaining a Buy recommendation for WDC and positive institutional interest from OMERS ADMINISTRATION Corp and other firms, the net selling of company shares by insiders could have overshadowed these factors.
• The slight overvaluation of Seagate Technology Holdings PLC, a competitor in the data storage industry, as highlighted by InvestingPro analysis, could have also negatively impacted WDC's stock performance.
• Overall, the combination of insider selling, concerns about overvaluation in the industry, and the broader market sentiment might have contributed to the bearish movement in WDC's stock today.

26.10.2025 - WDC Stock was up 5.2%

• Price targets from Wall Street analysts suggest a potential upside of 25.3%, with an average brokerage recommendation of Buy.
• Positive trends in earnings estimate revisions are likely bolstering optimism surrounding WDC.
• The stock market's positive response to analyst sentiment appears to be driving today's bullish activity.
• Investor interest in Western Digital's growth potential may be fueling increased buying activity and pushing the stock price up.

10.11.2025 - WDC Stock was up 5.2%

• A major investment firm, Guggenheim Capital LLC, increased its stake in Western Digital Corporation, indicating robust confidence in the company's future performance.
• The company's announcement of an increase in quarterly dividend and positive endorsements from financial analysts may have fueled the bullish momentum.
• Despite some insider selling by the Chief Global Operations, overall market sentiment remains optimistic, underpinned by strong revenue growth and potential undervaluation according to financial indicators.
• The comparatively weaker performance of rival NetApp, lagging behind the S&P 500, underscores Western Digital's market strength.

18.10.2025 - WDC Stock was down 6.1%

• The 114.1% rally in WDC stock over the past 3 months may have led to profit-taking by investors, causing a bearish movement today.
• Despite the strong performance driven by soaring AI-fueled storage demand and record high-capacity shipments, some investors might be cautious about the stock being overvalued.
• The debate on further upside potential for WDC could have triggered uncertainty among investors, leading to the bearish movement today.
• It is essential for investors to closely monitor market sentiment and company performance indicators to make informed decisions about buying or selling WDC stock.

21.10.2025 - WDC Stock was down 7.4%

• The decline in WDC stock today could be linked to profit-taking by investors following a notable 114.1% increase in the past 3 months.
• Despite optimistic recommendations from financial analysts and favorable sentiment regarding the company's performance, the stock might be undergoing a temporary setback.
• The reduction in short interest as a percentage of float suggests that some investors might have closed their short positions, potentially contributing to the stock's downward pressure.
• Investors considering investing in WDC stock should take into account the recent rise in demand for AI-powered storage solutions, a surge in high-capacity shipments, and improving margins as factors that could impact the stock's future performance.

20.10.2025 - WDC Stock was down 5.5%

• A decrease in short interest by 4.78% suggests that some investors may have closed their bearish positions on WDC.
• Despite a recent impressive rally of 114.1%, the stock faced selling pressure today, possibly due to profit-taking by traders who benefited from the previous surge.
• The market movement could also be influenced by profit concerns as investors weigh the potential for further upside against the current valuation of the stock.
• Overall, the bearish movement in WDC today might be a result of a combination of profit-taking, investor sentiment, and valuation considerations despite the recent positive developments in the company's performance.

04.10.2025 - WDC Stock was down 5.1%

• The bearish movement in WDC stock today might be attributed to profit-taking after a series of positive news and strong financial performance:
• Despite surging earnings estimates and topping Q1 earnings and revenues, investors might have decided to lock in their gains, leading to a temporary pullback.
• The bullish sentiment in the options market and the stock's initial rise following the earnings report could have attracted short-term traders looking to capitalize on the positive news, contributing to the bearish movement as they exited their positions.
• Overall, the market might be undergoing a natural correction after a period of significant growth, with investors reassessing their positions in WDC stock.

05.10.2025 - WDC Stock was up 7.8%

• Analysts have expressed optimism regarding WDC, recommending it for investment portfolios, underlining confidence in its growth potential.
• The company's robust revenue growth and the increasing demand for cloud and AI-related products have been key contributors to its positive performance.
• Elevated earnings projections and a successful Q1 have bolstered investor confidence, leading to an uptick in WDC's stock value.
• Positive sentiments from well-funded players in the options market suggest a favorable outlook for Western Digital, supporting the stock's upward trajectory.

05.10.2025 - WDC Stock was up 5.1%

• Analysts are optimistic about Western Digital (WDC), suggesting it as a good addition to portfolios, potentially impacting investor sentiment positively.
• Boosted by a surge in earnings predictions and strong fiscal Q1 2026 results, including revenue growth and improved margins, investor confidence in the company's performance is likely on the rise.
• Favorable investor behavior in the options market towards WDC indicates a positive stance on the stock, contributing to its upward trajectory.
• The growing demand for AI-powered storage solutions could be a significant factor propelling Western Digital's stock upwards, as evidenced by the company's dividend increase and revenue growth.