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 that has experienced a significant bullish movement in the market today.

Why is Western Digital Corporation going up?

WDC stock is up 5.2% on Feb 12, 2026 19:44

• 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.

WDC Price Chart

WDC Technical Analysis

WDC News

Seagate Soars: Analysts Predict Bright Future Amid Strong Financial Reports

Seagate Technology Holdings PLC's stock has risen by 11.31% due to strong financial reports and optimistic market sentiment. Analysts have increased price targets, with revenue reaching $9.1B and an impressive EBITDA margin of 24.3%. The company's strategic technological projects and participation in investor conferences further solidify its promising outlook.

https://stockstotrade.com/news/seagate-technology-holdings-plc-stx-news-2026_02_12/

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

Western Digital Corporation (WDC) has experienced a remarkable 305.2% stock rally over the past year, driven by increasing demand for data storage due to AI and cloud workloads. Despite concerns about whether expectations have outpaced fundamentals, the company is reinventing hard drives for AI infrastructure, demonstrating improved financial performance, and has a "Strong Buy" Zacks Rank. Investors are encouraged to consider the long-term potential fueled by technological advancements and management's confidence through share buybacks.

https://www.nasdaq.com/articles/it-too-late-buy-wdc-stock-after-305-explosive-rally-year

Western Digital stock hits all-time high at 297.8 USD By Investing.com

Western Digital Corporation's stock reached an all-time high of $302.73, signifying a 440.52% return over the past year and outperforming the broader technology sector. The company has a market capitalization exceeding $101 billion and has seen 17 analysts revise earnings estimates upward. While InvestingPro analysis suggests the stock is overvalued relative to its Fair Value, its financial health is rated "GREAT" and the company is strategically focusing on innovation in data storage, particularly for AI needs.

https://ca.investing.com/news/company-news/western-digital-stock-hits-alltime-high-at-2978-usd-93CH-4456064

Western Digital stock hits all-time high at 297.8 USD

Western Digital Corporation's stock reached an all-time high of 302.73 USD, reflecting a 440.52% one-year total return and strong market confidence. The company is actively managing debt and investing in AI-related storage solutions, with analysts raising price targets due to technological advancements and increasing demand. Despite being considered overvalued relative to its Fair Value by InvestingPro, Western Digital maintains a "GREAT" financial health score, indicating its robust position in the evolving technological landscape.

https://www.investing.com/news/company-news/western-digital-stock-hits-alltime-high-at-2978-usd-93CH-4503184

ING Groep NV Has $8.63 Million Position in Western Digital Corporation $WDC

ING Groep NV reduced its stake in Western Digital (NASDAQ:WDC) by 32.7% in Q3, selling 34,857 shares and now owning 71,849 shares valued at $8.63 million. Western Digital reported strong Q3 earnings, beating EPS estimates, and has received multiple analyst upgrades, leading to a "Moderate Buy" consensus. Despite positive analyst sentiment and earnings, corporate insiders have been net sellers in recent months.

https://www.marketbeat.com/instant-alerts/filing-ing-groep-nv-has-863-million-position-in-western-digital-corporation-wdc-2026-02-12/

Trending Today

POL (Polygon) ($POL) Crypto Forecast: Up 8.8% Today

Silver ($XAG) Commodity Forecast: Down 8.3% Today

SolarEdge Technologies, Inc. ($SEDG) Stock Forecast: Down 5.1% Today

Iron Mountain Incorporated (Delaware)Common Stock REIT ($IRM) Stock Forecast: Up 5.2% Today

Marathon Petroleum Corporation ($MPC) Stock Forecast: Down 5.2% Today

Palantir Technologies Inc ($PLTR) Stock Forecast: Down 5.1% Today

Teladoc Health Inc. ($TDOC) Stock Forecast: Down 5.0% Today

Gartner Inc. ($IT) Stock Forecast: Down 5.1% Today

CBRE Group Inc Class A ($CBRE) Stock Forecast: Down 8.3% Today

Lincoln National Corporation ($LNC) Stock Forecast: Up 5.4% Today

Western Digital Corporation Price History

04.01.2026 - WDC Stock was down 8.7%

• There was a significant 9% decrease in Western Digital's stock value amid a bearish market trend.
• Despite announcing a $4 billion share repurchase program and intentions to capitalize on AI data-center expansion, the stock could not maintain its upward momentum due to the broader decline in the technology sector.
• The positivity expressed by analysts through increased price targets and optimistic forecasts was overshadowed by concerns regarding the practical application of new storage technologies and uncertainties related to upcoming earnings reports from prominent tech companies like Alphabet and Amazon.
• The sector-wide decline in AI-related tech stocks, which included Seagate, combined with the disclosure of Seagate's CEO's share sale, influenced the negative sentiment within the industry, impacting the performance of Western Digital's stock.

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.