Western Digital Corporation ($WDC) Stock Forecast: Down 8.4% Today

What is Western Digital Corporation?

Western Digital Corporation (WDC) is a leading data storage provider focusing on hard disk drives and flash storage solutions. Recent financial reports show strong performance, surpassing analyst expectations and experiencing a significant increase in revenue.

Why is Western Digital Corporation going down?

WDC stock is down 8.4% on Feb 13, 2026 14:51

• The decline in WDC stock today could be linked to profit-taking by insiders, as recent stock sales involving the Director and CEO have been observed.
• Despite positive quarterly earnings and growing institutional investments, market reactions may reflect concerns about macroeconomic instability and the company's high debt levels as discussed in recent updates.
• The steep 305% rise in WDC stock value over the past year might have encouraged some investors to secure profits, contributing to today's decline.
• Market sentiments towards data storage providers like WDC may also be influenced by competitor performance, with Seagate Technology Holdings PLC surpassing earnings estimates and attracting increased institutional investments.

WDC Price Chart

WDC Technical Analysis

WDC News

Cibc World Market Inc. Grows Stock Position in Seagate Technology Holdings PLC $STX

Cibc World Market Inc. increased its stake in Seagate Technology Holdings PLC (NASDAQ:STX) by 4.1% in the third quarter, bringing their total holdings to 59,458 shares valued at $14.0 million. Institutional investors now own nearly 92.87% of the company. Seagate recently surpassed quarterly earnings estimates and analysts have issued a "Moderate Buy" consensus rating with an average target of $444.09, despite recent insider selling by the CEO and an EVP.

https://www.marketbeat.com/instant-alerts/filing-cibc-world-market-inc-grows-stock-position-in-seagate-technology-holdings-plc-stx-2026-02-13/

Caprock Group LLC Takes Position in Western Digital Corporation $WDC

Caprock Group LLC has acquired a new position in Western Digital Corporation (NASDAQ:WDC) during the third quarter, purchasing 21,770 shares valued at approximately $2.614 million. Other institutional investors have also adjusted their holdings in WDC, which currently has a "Moderate Buy" rating and an average target price of $265.58 from analysts. Insider transactions show recent stock sales by Director Roxanne Oulman and CEO Irving Tan, while the company reported strong quarterly earnings and declared a quarterly dividend.

https://www.marketbeat.com/instant-alerts/filing-caprock-group-llc-takes-position-in-western-digital-corporation-wdc-2026-02-13/

Alps Advisors Inc. Invests $561,000 in Western Digital Corporation $WDC

Alps Advisors Inc. has invested $561,000 in Western Digital Corporation by purchasing 4,670 shares during the 3rd quarter. Other institutional investors like WCM Investment Management LLC, Norges Bank, and Soroban Capital Partners LP also significantly increased their stakes in the data storage provider. Western Digital reported strong financial performance, with earnings beating analyst expectations and revenue showing a 25.2% year-over-year increase, while analysts maintain a "Moderate Buy" rating for the stock.

https://www.marketbeat.com/instant-alerts/filing-alps-advisors-inc-invests-561000-in-western-digital-corporation-wdc-2026-02-13/

STX Stock: Price, Forecast, Financials & AI Analysis

This article provides an analysis of Seagate Technology Holdings plc (STX) stock, covering its price, forecast, financials, and AI analysis. It details the company's products in mass-data storage infrastructure, including HDDs and SSDs, and highlights recent financial performance, analyst ratings, and valuation metrics. The report also includes news updates influencing market sentiment and a section on whales holding STX.

https://intellectia.ai/stock/STX

Is it Too Late to Buy WDC Stock After 305% Explosive Rally in a Year?

Western Digital Corporation (WDC) shares have surged 305.2% over the past year, significantly outperforming its industry and the broader market, driven by high demand for data storage from AI and cloud workloads. The company, which recently split its HDD and Flash businesses, is reinvesting in hard drive technology, aiming for 40TB and 100TB drives by 2026 and 2029 respectively, supported by innovations like High Bandwidth Drive and Dual Pivot Technology. Despite impressive financial performance, including a 25% revenue increase and strong gross margins, potential investors should consider near-term risks such as macroeconomic instability and elevated debt levels, though WDC currently holds a Zacks Rank #1 (Strong Buy).

https://www.theglobeandmail.com/investing/markets/stocks/PSTG/pressreleases/186155/is-it-too-late-to-buy-wdc-stock-after-305-explosive-rally-in-a-year/

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Western Digital Corporation Price History

13.01.2026 - WDC Stock was down 8.4%

• The decline in WDC stock today could be linked to profit-taking by insiders, as recent stock sales involving the Director and CEO have been observed.
• Despite positive quarterly earnings and growing institutional investments, market reactions may reflect concerns about macroeconomic instability and the company's high debt levels as discussed in recent updates.
• The steep 305% rise in WDC stock value over the past year might have encouraged some investors to secure profits, contributing to today's decline.
• Market sentiments towards data storage providers like WDC may also be influenced by competitor performance, with Seagate Technology Holdings PLC surpassing earnings estimates and attracting increased institutional investments.

05.01.2026 - WDC Stock was down 7.4%

• The downward trend in WDC could be linked to investors cashing out profits after a strong performance phase, resulting in a temporary decline in stock value.
• Insider selling by Irving Tan, CEO of a WDC subsidiary, might be a contributing factor to negative investor sentiment, sparking concerns regarding the stock's value and future outlook.
• Despite the optimistic financial results and an increased investment from institutional shareholders like Federated Hermes Inc., the market's reaction could be due to WDC's perceived overvaluation compared to its GF Value, prompting a sell-off.

11.01.2026 - WDC Stock was up 5.0%

• The bullish movement in WDC stock is linked to a surge in institutional investor interest. Recent acquisitions by Baader Bank Aktiengesellschaft suggest confidence in the company's future.
• Factors such as a focus on AI-related HDD demand, a new $4.0 billion share repurchase plan, improved gross margins, and positive analyst outlooks are contributing to the company's stock performance.
• While competitors like Apple are grappling with revenue challenges, WDC's emphasis on storage solutions and strong market position likely play a role in its market success.
• Overall, WDC's strategic decisions and favorable market outlooks have boosted its stock value, indicating strength and growth potential in the data storage sector.

10.01.2026 - WDC Stock was down 5.4%

• Analysts are conflicted on WDC's future, with some providing a "Strong Buy" consensus while others highlighting a stretched valuation.
• Institutional investors, including Bessemer Group Inc., have increased their stakes in WDC, showing confidence in the company's long-term prospects.
• Despite unveiling an innovative AI-focused storage roadmap at WD Innovation Day 2026, WDC's stock faced downward pressure possibly due to concerns about the speed of revenue generation from these new products.
• The overall bearish market movement for WDC today could be attributed to investors reevaluating the company's valuation in light of its AI storage roadmap and the need for tangible revenue and margin improvements from these innovations.

10.01.2026 - WDC Stock was down 9.9%

• The bearish movement in Western Digital's stock today can be attributed to the following factors:
• Analysts' conflicted ratings on technology companies, including Western Digital, might have created uncertainty among investors, leading to a sell-off.
• Despite the positive sentiment around Western Digital's AI-focused storage roadmap and innovations, concerns about the company's stretched valuation could have prompted profit-taking among investors.
• Bessemer Group Inc. and other institutional investors increasing their positions in Western Digital could indicate a long-term bullish outlook, but short-term market dynamics might have influenced today's bearish trend.
• The aggressive expansion of AI data centers driving demand for memory chips could have also impacted investor sentiment towards Western Digital, with some potentially shifting focus to other companies in the sector.

12.01.2026 - WDC Stock was up 5.2%

• WDC's stock has surged due to impressive financial performance, marked by revenue growth and a strong EBITDA margin, showcasing solid fundamentals.
• The stock's notable rally over the past year results from growing demand for data storage in AI and cloud workloads, attracting investor interest and driving the bullish movement.
• Upbeat analyst projections, strategic technological initiatives, and focus on innovation in AI-related storage solutions have bolstered market confidence in WDC.
• Despite some concerns about overvaluation, WDC's robust financial health, management's support through share buybacks, and positive analyst sentiment point to a promising future for the company in the evolving technological landscape.

12.01.2026 - WDC Stock was up 9.4%

• WDC's bullish movement can be attributed to the company's strategic focus on AI storage solutions, with a new AI-focused storage roadmap targeting capacities above 100TB by 2029.
• The surge in WDC's stock price is also driven by the ongoing global memory chip shortage, which is fueling demand for memory products, particularly in AI servers, as highlighted by the increased share repurchase authorization and positive revenue forecasts.
• Analysts and investors are showing confidence in WDC's growth prospects, with raised price targets and strong fiscal Q3 performance, indicating a positive sentiment towards the company's position in the data storage market.
• Overall, WDC's bullish movement today reflects both its strategic initiatives in AI storage and the favorable market conditions driving demand for memory products, positioning the company for continued growth and investor interest.

12.01.2026 - WDC Stock was up 8.3%

• Western Digital's stock has hit a record high of $302.73, showcasing a 440.52% one-year total return, propelled by strong market confidence and strategic investments in AI-related storage solutions.
• Analysts have increased price targets for Western Digital, recognizing its technological progress and rising demand, despite concerns about its valuation compared to its Fair Value by InvestingPro.
• The global memory chip shortage has also influenced the rise in Western Digital's stock, with companies like Micron and Sandisk witnessing significant gains recently, underscoring the positive outlook of the sector and heightened demand.
• With the rollout of an AI-centric storage roadmap, introducing next-generation drives and advancements in storage technologies, Western Digital is well-positioned to capitalize on the escalating data storage requirements of AI workloads, contributing to its current strong short-term momentum.

06.01.2026 - WDC Stock was up 8.5%

• Following CEO Irving Tan's sale of 20,000 shares, Western Digital's stock price declined by 3.4%, sparking concerns among investors regarding insider sentiment.
• Despite the recent insider selling, the company reported robust quarterly earnings and introduced an AI-focused product roadmap, potentially driving future growth.
• Investors are observing closely the influence of AI on the company's long-term pricing power and evaluating its capital allocation strategies, particularly the share buyback program.
• Analysts have maintained a "Moderate Buy" consensus on Western Digital, with some raising their price targets, indicating confidence in the company's future despite recent market movements.

06.01.2026 - WDC Stock was up 5.0%

• Western Digital's stock faced a 3.4% decrease subsequent to CEO Irving Tan's transaction of 20,000 shares, prompting investor apprehension regarding insider sentiment.
• Analysts hold an optimistic stance on WDC, with a "Moderate Buy" consensus and an average price target of $262.25, indicating faith in the company's future outlook.
• The fluctuation in the market might be due to a mix of profit collection after recent advancements, doubts regarding the consequences of insider selling on the long-term performance, and investors evaluating the impact of Western Digital's AI-oriented product roadmap on its competitiveness in the data storage sector.
• The upsurge in Seagate's stock value post sturdy earnings highlights the increasing demand for high-capacity storage solutions propelled by AI applications, suggesting a favorable industry trend that Western Digital could leverage with its AI-specific initiatives.

09.01.2026 - WDC Stock was up 5.1%

• WDC's positive market movement is influenced by notable enhancements in gross margin due to a focus on higher-capacity drives and strict cost management methods.
• Analysts have increased their earnings estimates and the Zacks Rank #1 (Strong Buy) reflects a growing confidence in WDC's performance.
• Anticipated sustained data center demand and greater adoption of high-capacity products are poised to drive WDC's momentum in the next fiscal quarter.
• Competitors such as Seagate Technology and Pure Storage are also observing margin growth, indicating a favorable industry trend that is likely inspiring investor optimism towards WDC.

09.01.2026 - WDC Stock was up 5.0%

• The redemption of all outstanding 4.750% senior notes due 2026 by Western Digital has had a positive impact on investor sentiment. This move is viewed as a strategic step to strengthen the balance sheet and lower debt liabilities.
• Updates from analysts and strategic announcements, such as a new storage roadmap with a focus on the AI data economy, are likely contributors to the bullish trend in WDC's stock.
• Market response to Western Digital's debt management strategy and future-focused approach showcases confidence in the company's potential for growth and financial stability.
• Despite Seagate Technology Holdings' high P/E ratio and considerable stock price increases, investors hold an optimistic outlook on Western Digital's trajectory. This underscores the emphasis on expected performance and growth opportunities in the digital storage sector.