Western Digital (WDC) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Western Digital (NASDAQ: WDC):

• 12/17/2025 – Western Digital had its price target raised by analysts at Morgan Stanley to $228.00. They now have an “overweight” rating on the stock.
• 12/17/2025 – Western Digital was given a new $180.00 price target on by analysts at Mizuho.
• 12/16/2025 – Western Digital had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $250.00 price target on the stock.
• 12/15/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/5/2025 – Western Digital is now covered by analysts at China Renaissance. They set a “buy” rating and a $193.00 price target on the stock.
• 12/2/2025 – Western Digital had its price target raised by analysts at Citigroup Inc. from $180.00 to $200.00. They now have a “buy” rating on the stock.
• 12/1/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/25/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/20/2025 – Western Digital had its price target raised by analysts at Bank of America Corporation from $170.00 to $197.00. They now have a “buy” rating on the stock.
• 11/19/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – Western Digital had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/10/2025 – Western Digital had its price target raised by analysts at Loop Capital to $250.00. They now have a “buy” rating on the stock.
• 11/6/2025 – Western Digital had its “neutral” rating reaffirmed by analysts at Susquehanna. They now have a $135.00 price target on the stock.
• 10/31/2025 – Western Digital had its “neutral” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $148.00 price target on the stock.
• 10/31/2025 – Western Digital had its “buy” rating reaffirmed by analysts at Cowen Inc.
• 10/31/2025 – Western Digital had its price target raised by analysts at Benchmark Co. from $115.00 to $163.00. They now have a “buy” rating on the stock.
• 10/31/2025 – Western Digital was given a new $180.00 price target on by analysts at Robert W. Baird.
• 10/31/2025 – Western Digital had its price target raised by analysts at Wells Fargo & Company from $150.00 to $180.00. They now have an “overweight” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at UBS Group AG from $135.00 to $145.00. They now have a “neutral” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Barclays PLC from $105.00 to $200.00. They now have an “overweight” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Citigroup Inc. from $135.00 to $180.00. They now have a “buy” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at JPMorgan Chase & Co. from $94.00 to $175.00. They now have an “overweight” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Cantor Fitzgerald from $160.00 to $200.00. They now have an “overweight” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at TD Cowen from $90.00 to $200.00. They now have a “buy” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Rosenblatt Securities from $125.00 to $165.00. They now have a “buy” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Bank of America Corporation from $145.00 to $170.00. They now have a “buy” rating on the stock.
• 10/31/2025 – Western Digital had its price target raised by analysts at Mizuho from $160.00 to $180.00. They now have an “outperform” rating on the stock.
• 10/21/2025 – Western Digital had its price target raised by analysts at Bank of America Corporation from $141.00 to $145.00. They now have a “buy” rating on the stock.
• 10/20/2025 – Western Digital had its price target raised by analysts at UBS Group AG from $85.00 to $135.00. They now have a “neutral” rating on the stock.

Western Digital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were issued a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This is a positive change from Western Digital’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a yield of 0.3%. Western Digital’s dividend payout ratio is presently 7.28%.

Insider Activity

In other news, Director Roxanne Oulman sold 1,800 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $154.42, for a total transaction of $277,956.00. Following the sale, the director directly owned 3,863 shares of the company’s stock, valued at $596,524.46. This represents a 31.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Irving Tan sold 20,000 shares of Western Digital stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $150.69, for a total value of $3,013,800.00. Following the completion of the transaction, the chief executive officer owned 645,467 shares of the company’s stock, valued at approximately $97,265,422.23. This represents a 3.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 26,369 shares of company stock worth $4,013,785. 0.18% of the stock is currently owned by insiders.

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.