FMP
Oct 13, 2025
Western Digital Corporation (NASDAQ:WDC) is a prominent player in the data storage industry, known for manufacturing hard drives and solid-state drives. The company competes with other giants like Seagate Technology and Sandisk. On October 13, 2025, Evercore ISI upgraded WDC to an "Outperform" rating, with the stock priced at $115.42. They also raised the price target from $85 to $190.
Citi has also shown confidence in Western Digital by increasing its price targets, alongside Seagate Technology and Sandisk. Despite the stocks having impressive runs, Citi maintains a buy rating on these companies. This indicates a positive outlook for Western Digital, aligning with Evercore ISI's recent upgrade.
Currently, Western Digital's stock price is $118.08, marking a 2.30% increase from the previous session. The stock has traded between $116.95 and $122.56 today. This upward movement reflects investor confidence, possibly influenced by the recent upgrades and positive market sentiment.
Over the past year, WDC's stock has seen a high of $137.40 and a low of $28.83, showcasing significant volatility. The company's market capitalization is approximately $40.97 billion, indicating its substantial presence in the market. With a trading volume of 1,504,744 shares on the NASDAQ, Western Digital remains a highly active stock.
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