Western Digital Corporation ($WDC) Stock Forecast: Up 6.5% Today

What is Western Digital Corporation?

Western Digital Corporation (WDC) is a leading data storage solutions provider, known for its high-capacity drives and innovations in the AI-driven economy. The company has been experiencing strong investor interest and reached an all-time high ahead of its Q2 fiscal year 2026 earnings report.

Why is Western Digital Corporation going up?

WDC stock is up 6.5% on Jan 29, 2026 14:51

• WDC stock surged to an all-time high of $284, closing up 10.79% at $279.70, driven by investor optimism ahead of its earnings report, showcasing confidence in the company's performance.
• Positive analyst ratings and a raised price target by Mizuho to $265 with an "outperform" rating further fueled investor enthusiasm, indicating a strong outlook for WDC.
• The new investment by Lbp Am Sa of $641,000 in WDC reflects growing confidence in the company's financial performance, despite insider selling activities, signaling a bullish sentiment towards the stock.
• The overall bullish market movement of WDC can be attributed to the anticipation of robust financial results, driven by data center demand and innovative data storage solutions, positioning the company for continued growth in the AI-driven economy.

WDC Price Chart

WDC Technical Analysis

WDC News

Valero Energy earnings beat by $0.71, revenue topped estimates

Valero Energy (NYSE: VLO) reported stronger-than-expected fourth-quarter earnings and revenue. The company's EPS of $3.82 surpassed analyst estimates of $3.11, and revenue of $30.37 billion exceeded the consensus of $29.03 billion. Valero's stock has shown significant growth over the past year, and its financial health is rated as "good performance" by InvestingPro.

https://www.investing.com/news/earnings/valero-energy-earnings-beat-by-071-revenue-topped-estimates-4472500

Lbp Am Sa Makes New $641,000 Investment in Western Digital Corporation $WDC

Lbp Am Sa recently acquired a new stake of 5,335 shares, valued at approximately $641,000, in Western Digital Corporation (NASDAQ:WDC) during the third quarter. Western Digital has shown strong financial performance, beating analyst estimates for EPS and revenue, with its stock trading near its 52-week high. Despite high institutional ownership at 92.51%, company insiders have been net sellers, divesting over $4 million in shares in the last 90 days.

https://www.marketbeat.com/instant-alerts/filing-lbp-am-sa-makes-new-641000-investment-in-western-digital-corporation-wdc-2026-01-29/

Western Digital (WDC) Climbs to All-Time High Ahead of Earnings

Western Digital (WDC) reached a new all-time high of $284 during intra-day trading, closing up 10.79% at $279.70, driven by investor optimism ahead of its Q2 fiscal year 2026 earnings report and strong performance from a competitor. The company expects $2.9 billion in revenues and $1.88 EPS for the quarter, largely fueled by data center demand and high-capacity drives. Additionally, Mizuho raised its price target for WDC to $265 with an "outperform" rating, and Western Digital plans an Innovation Day to showcase data storage solutions for the AI-driven economy.

https://www.insidermonkey.com/blog/western-digital-wdc-climbs-to-all-time-high-ahead-of-earnings-1683576/

Acumen Pharma CLO sells $53k in shares after option exercise

Derek M. Meisner, Acumen Pharmaceuticals' Chief Legal Officer, sold 17,756 shares for over $53,000 after exercising options. Meisner's direct ownership in the company now stands at 173,999 shares. This transaction follows recent company news regarding a net loss but significant progress in Alzheimer's treatment trials.

https://www.investing.com/news/insider-trading-news/acumen-pharma-clo-sells-53k-in-shares-after-option-exercise-93CH-4471734

United rentals posts record Q4 revenue, plans $1.5 billion share buyback

United Rentals (NYSE:URI) announced record Q4 2025 revenue of $4.21 billion and plans for a $1.5 billion share repurchase in 2026, alongside a new $5 billion repurchase program. Despite a 5.2% dip in net income for the quarter, the company significantly increased its quarterly dividend by 10% and reported strong operating and free cash flow for the full year. Specialty rentals showed robust growth, and the company forecasts further revenue and adjusted EBITDA growth for 2026.

https://www.investing.com/news/company-news/united-rentals-posts-record-q4-revenue-plans-15-billion-share-buyback-93CH-4471348

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Western Digital Corporation Price History

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.

29.00.2026 - WDC Stock was up 6.5%

• WDC stock surged to an all-time high of $284, closing up 10.79% at $279.70, driven by investor optimism ahead of its earnings report, showcasing confidence in the company's performance.
• Positive analyst ratings and a raised price target by Mizuho to $265 with an "outperform" rating further fueled investor enthusiasm, indicating a strong outlook for WDC.
• The new investment by Lbp Am Sa of $641,000 in WDC reflects growing confidence in the company's financial performance, despite insider selling activities, signaling a bullish sentiment towards the stock.
• The overall bullish market movement of WDC can be attributed to the anticipation of robust financial results, driven by data center demand and innovative data storage solutions, positioning the company for continued growth in the AI-driven economy.

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.

28.00.2026 - WDC Stock was up 11.3%

• WDC's stock price surged by 9.25% following strategic price target increases from top analysts, highlighting the company's strong position in the tech landscape.
• Factors such as AI server demand, data center investments, and advanced HAMR technology contributed to the bullish trend, along with solid financial performance.
• The increase in stake by Vanguard Personalized Indexing Management LLC further boosted investor confidence in WDC, despite some insider selling in the last quarter.
• This positive momentum contrasts with CDW Corp hitting a 52-week low, reflecting broader market pressures and slightly below estimated revenue and Q4 guidance, leading to analyst downgrades.

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.

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.