Western Digital (WDC)

• Market cap: $35.8B
• 1 day: 0.68%
• 5 days: 7.51%
• 1 month: 35.13%
• 3 months: 79.57%
• 6 months: 130.37%
• Year to date: 120.47%
• 1 year: 112.82%
• 5 years: 251.6%
• 10 years: 68.04%
• Sector: Technology
• Industry: Computer Hardware

About: Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.

Employees: 40,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

122% more first-time investments, than exits

New positions opened: 180 | Existing positions closed: 81

64% more capital invested

Capital invested by funds: $14.2B [Q1] → $23.3B (+$9.13B) [Q2]

37% more repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 206

25% more funds holding in top 10

Funds holding in top 10: 16 [Q1] → 20 (+4) [Q2]

14% more funds holding

Funds holding: 650 [Q1] → 739 (+89) [Q2]

3.39% more ownership

Funds ownership: 101.08% [Q1] → 104.47% (+3.39%) [Q2]

4% more call options, than puts

Call options by funds: $945M | Put options by funds: $904M

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $62
• Avg. target: $98
• High target: $130

13 analyst ratings

• positive: 9 69%
• neutral: 4 31%
• negative: 0 0%

Bernstein Mark Newman	$96	Market Perform Initiated	16 Sep 2025
Benchmark Mark Miller	$115	Buy Maintained	16 Sep 2025
B of A Securities Wamsi Mohan	$123	Buy Maintained	15 Sep 2025
Barclays Tom O'Malley	$105	Overweight Maintained	11 Sep 2025
Citigroup Asiya Merchant	$110	Buy Maintained	8 Sep 2025